eToro lets Claude and ChatGPT AI agents trade, plans $250M buyback

eToro, an investing platform, is opening its trading service to AI assistants such as Claude and ChatGPT. The company also plans to buy back up to $250 million of its own shares. The details come from a short report by FourWeekMBA, and much about how this will work is not yet clear.

What changed

Until now, people have mostly used AI chat tools to ask questions. This move points toward AI tools doing things for you, in this case on a trading platform. eToro has said it is opening the platform to these assistants. The material does not say what they will be able to do.

The buyback is a separate piece of news. A buyback means a company uses its own cash to purchase its stock from investors. eToro plans to spend up to $250 million this way.

Who it affects

Anyone who invests through apps could eventually see AI helpers offered inside their accounts. Customers of eToro are the most direct group. The buyback matters mainly to people who own eToro shares.

What is not known yet

• When the AI access will start and who can use it.
• Whether assistants can only view accounts or can place trades.
• What limits or safeguards eToro will set.
• Over what period the buyback will happen.

What to do

If you invest through apps, pay attention to permissions. Before you connect any AI assistant to a financial account, read what it is allowed to see and do. Prefer settings that let you approve each action yourself.