*Capital protection applies at maturity (Dec 31, 2028) only. **Past performance is not an indication of future results. Capital at risk. This is a marketing communication.
Limited offer — May 1 to July 31, 2026

Invest in global markets.
Your capital, protected
at maturity.*

100% capital protection at maturity.* Global equities, currency-hedged in USD, EUR and GBP. From $2,000.

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*Capital protection applies at maturity (December 31, 2028). Your capital is at risk.

eToro Capital Guarantee portfolio on mobile
📈 NASDAQ Listed (ETOR)
🌍 35M+ Investors Worldwide
🏛️ FCA · CySEC · ASIC Regulated
🔒 Since 2007
~$291M
invested across 5 capital guarantee campaigns
25,000+
investors have chosen capital protection with eToro

Three steps.
That's all.

1

Choose your currency

Pick USD, EUR or GBP. Each version is fully hedged to your base currency.

2

Invest from $2,000

50/50: bonds powering the guarantee + global equities for growth potential.

3

Hold to Dec 31, 2028

At maturity, your capital is guaranteed.* Any equity gains are yours to keep.

*Capital protection applies at maturity (December 31, 2028). Your capital is at risk.

50% equities.
50% bonds.

A balanced split designed for protection and growth potential.

Equities
Bonds

50% Bonds — the guarantee engine

iShares iBonds Dec 2028 — investment-grade bonds maturing at face value. This component backs the capital guarantee.

50% Global Equities — the growth engine

S&P 500 (25%), EuroStoxx 50 (15%), FTSE 100 (5%), MSCI Japan (5%). Diversified growth across 4 major markets.

Currency hedging
changes everything.

In 2025, EUR investors in the S&P 500 lost most of their returns to currency drag. Equity-Hedge eliminates that.

+3.93%
EUR Unhedged
S&P 500, 2025
+14.95%
EUR Hedged
S&P 500, 2025

GBP investors: +9.69% unhedged → +17.39% hedged (2025)

Past performance is not an indication of future results.

Built for
two kinds of investors.

🔄

Existing CG investors

You've invested in previous Capital Guarantee campaigns. Now get currency hedging — the upgrade to eliminate FX drag. Same trusted product line, 6th generation.

  • Currency hedging solves the FX drag
  • Same trusted product line
  • Compound your capital-protected allocation
🛡️

Conservative investors

You want market exposure but can't stomach potential losses. Capital protection gives you the safety net.

  • 100% capital protection removes fear of loss
  • UCITS ETFs — full transparency on what you own
  • Start from ~$2,000, not $50K+ like bank products

Backtest Performance

Hypothetical returns based on the Equity-Hedge allocation, Dec 2016 – Feb 2026. Only 2 negative years in ~10 years.

Currency versionTotal returnAnnualisedNegative years
US USD +130.5% ~9.5% p.a. 2 of 10
EU EUR +95.4% ~7.5% p.a. 2 of 10
GB GBP +115.1% ~8.6% p.a. 2 of 10
🛡️

Capital protection would have covered your full investment in 2018 and 2022 — the two negative years.

**Past performance is not an indication of future results. Backtested data.

Everything you
need to know.

Registration ends July 31, 2026  |  Maturity Date: December 31, 2028

📋

Agreement

Capital protection is subject to Terms and Conditions. Read and sign the T&Cs before investing to activate your guarantee.

📅

Investment Period

Hold until December 31, 2028 to receive 100% capital protection.* Partial withdrawals reduce the guaranteed amount proportionally.

⚠️

Early Withdrawal

You can exit before maturity. Capital protection does not apply on early exit, but any accrued profits remain yours.

FAQ

What does "100% capital protection" mean?
Your invested capital is guaranteed to be returned at maturity on 31 December 2028. The bond component (iShares iBonds Dec 2028) matures at face value, backing this guarantee. Any equity gains above your initial investment are yours to keep.
What happens if I withdraw early?
You can withdraw at any time, but early or partial withdrawal forfeits or reduces the capital guarantee. The guarantee applies only if you hold the portfolio to the maturity date of 31 December 2028.
Is the guarantee in my local currency?
The capital guarantee amount is denominated in USD. For EUR and GBP investors, your equity returns are currency hedged (protecting against FX swings on returns), but the guarantee amount itself may be affected by USD exchange rate fluctuations at maturity.
How is this different from a bank structured product?
Similar concept, but fully transparent (UCITS ETFs with daily pricing), much lower minimum (~$2,000 vs $50,000+ at banks), no hidden fees, and fully digital — invest in minutes from the eToro app, no advisor needed.
What does currency hedging do?
Currency hedging protects your equity returns from exchange rate movements. In 2025, unhedged EUR investors in the S&P 500 received just +3.93% vs +14.95% for hedged investors — a difference of 11 percentage points. Equity-Hedge hedges your returns to your chosen base currency.
How much do I need to invest?
The minimum investment is approximately $2,000 (or equivalent in EUR/GBP). The total campaign capacity is $100M — once reached, the offering closes.
What equities are included?
The equity component (50%) is diversified across four major global indices: S&P 500 (25%), EuroStoxx 50 (15%), FTSE 100 (5%), and MSCI Japan (5%). All via UCITS ETFs for transparency and liquidity.

Your capital.
Protected at maturity.*

Available May 1 – July 31, 2026. $100M cap.

~$2,000 minimum Dec 31, 2028 maturity USD · EUR · GBP
Get started →

*Capital protection applies at maturity (December 31, 2028). Your capital is at risk. This is a marketing communication, not investment advice.

Important information

*Capital protection applies at maturity on December 31, 2028. Capital protection is provided through the bond component (iShares iBonds Dec 2028 Term Corporate ETF), which matures at face value. The guarantee applies to the initial invested amount, provided the portfolio is held to maturity. Early or partial withdrawals reduce or forfeit the capital guarantee proportionally. Capital protection does not cover additional deposits made after the initial investment period.

**Historical performance data is backtested using the portfolio methodology (50% bonds / 50% equities) applied to historical market data from 2017–2025. Backtested performance is hypothetical, does not represent actual trading, and may not reflect the impact of material economic factors. Past performance is not an indication of future results.

This communication is for informational purposes only and does not constitute investment advice, a personal recommendation, or an offer to buy or sell any financial instruments. You should consider whether you understand how the product works and whether you can afford the risk of losing your money.

eToro (Europe) Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), licence #109/10. eToro (UK) Ltd. is authorised and regulated by the Financial Conduct Authority (FCA), FRN 583263. eToro AUS Capital Ltd. is regulated by the Australian Securities and Investments Commission (ASIC), AFSL 491139.

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