My Broker Recommendation
I have been trading at eToro myself for a long time and emphasized that I only recommend products that I use myself.
Their activity is "trading", i.e. trading in underlying assets. Traders are often understood to be speculatively oriented market participants who take financial risks in order to profitably exploit the market development they expect. The word "trader" appeared in a universal lexicon as early as 1863 as "tradesman". Traders work for financial institutions as foreign exchange or securities dealers in the cash market and in the futures market or for their own account as proprietary traders. They also include the stock exchange traders, but not the stock brokers or lead brokers.
The eToro platform gives traders and investors access to more than 2,000 different financial assets, including stocks, crypto assets, ETFs, indices, forex and commodities, both leveraged and non-leveraged. This gives practically everyone access to short, medium and long-term investment options.
Low fees and commissions
When you open an unleveraged long position on a stock or ETF with eToro, you pay 0% commission. There are no spreads, no fees and no hidden fees, and you actually acquire rights to the underlying asset. eToro offers competitive spreads on other asset classes, including spreads as low as 1 pip on leading FX pairs.
FREE insurance up to 1 million euros
eToro has purchased an insurance policy from Lloyd's of London for the benefit of its customers. The insurance covers claims by Eligible Clients (of eToro (Europe) Ltd., eToro (UK) Ltd. and eToro AUS Capital Limited.) arising in the unlikely event of eToro’s insolvency and in the event of wrongdoing (as set out in the applicable Directive defined) suffer losses. The insurance covers up to 1 million euros.
Cash, all CFD positions and securities are insured. Note that trading crypto assets (not CFD) is not covered by the insurance policy.
eToro is the world's largest community of traders and investors, with more than 20 million members from more than 140 countries. eToro is home to talented and experienced investors, many with track records that exceed market benchmarks.
The eToro News Feed works just like any other social network, allowing traders and investors to interact, share ideas, insights and trading strategies, and even make new friends.
$100,000 free demo account
Explore the simplicity and ease of use of the eToro platform with a FREE $100,000 Demo Account. Open and close trades, build your virtual portfolio and improve your trading and investing skills.
Do you want to start trading?
You can open a free eToro account using the following button.