eToro
Fees:
- Account Fees:
- Account Opening & Management: Free
- Withdrawal Fees: Free for GBP/EUR accounts, $5 for USD accounts (minimum $30 for USD withdrawals)
- Inactivity Fee: $10/month after 12 months without login
- Stock Commission Fees:
- Norway: $2 for Australia, Hong Kong, Dubai exchanges; $1 for other exchanges
- Account Minimum: 100 USD (around 1 000 NOK)
Offer:
No active offer.
Trading Platforms:
- Online Trading Platform
- Mobile App
- MetaTrader
- TradingView
- Social Trading with CopyTrader™: Enables users to automatically copy successful investors' trades.
- Diverse Asset Access: Over 6,000 instruments, including stocks, ETFs, crypto, commodities, and forex.
- Commission-Free U.S. Stock Trading: Appeals to retail investors aiming to minimize fees.
- Social Trading: eToro’s innovative CopyTrader™ feature allows users to automatically replicate the trades of successful investors, providing a unique way to participate in the markets.
- Wide Range of Assets: Access to over 6,000 financial instruments including stocks, ETFs, cryptocurrencies, commodities, forex, and more.
- Commission-Free Stock Trading: eToro offers commission-free trading for U.S. stocks, making it appealing to retail investors looking to avoid high trading fees.
- Advanced Trading Platforms: eToro supports both web and mobile platforms with intuitive interfaces and detailed charting tools for technical analysis.
- eToro Academy: A comprehensive educational hub offering courses, webinars, and podcasts to help users enhance their trading knowledge.
eToro is a leading global social trading platform, founded in 2007. It allows users to invest in a variety of asset classes and copy the trades of other successful investors through its CopyTrader™ technology. The platform is regulated in various jurisdictions and offers a user-friendly interface suitable for beginners as well as advanced traders. eToro emphasizes its commitment to security, education, and a diverse range of trading opportunities across different financial markets.
- Social Trading: The ability to copy top investors offers a unique way to trade for beginners and those who want to learn from experienced traders.
- Diverse Asset Offering: Users can trade a broad range of assets, from traditional stocks and forex to newer offerings like cryptocurrencies.
- Zero Commission on Stocks: Commission-free trading for U.S. stocks makes eToro attractive for stock investors.
- User-Friendly Interface: Both the web and mobile platforms are designed with ease of use in mind, ideal for both new and experienced traders.
- Educational Resources: eToro provides access to the eToro Academy, with a wealth of content aimed at improving users’ trading skills.
- High Fees on Some Assets: While stock trading is commission-free, fees for other assets like CFDs and cryptocurrencies can be higher compared to other brokers.
- CFD Risks: A significant portion of eToro’s offerings involves CFD trading, which can be complex and carry higher risks due to leverage.
- Initial Deposit: eToro has a 100 USD (local currency equivalent) minimum first-time deposit. Many other competitors do not have similar requirements.
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