eToro has become a popular broker and it is great for investing in the stocks. It is one of the favorite brokerage firms. This is an investment platform which was born as a visual FX trading platform. It was the first amongst the companies for incorporating the visualization of the financial products thereby making them easier to comprehend. Later they launched their OpenBook tool which became the world’s first social trading platform. It allowed copying top investors with its copy trading feature. The platform has become a popular one and has millions of users using it.
Below are the top benefits of etoro-
- Low fees- One of the best features of plus500 is that you do not pay the fees when you buy or sell the stocks and the ETFs. This is a great benefit especially if you make the small purchases or if you purchase the shares within a foreign company. Also paying the lower fees would mean that you have more money available to invest and so the value of your portfolio will grow at an increased rate.
- Easy to use- Because of its inception the eToro has focused on creating a platform which is both simple as well as intuitive. The users can navigate through menus easily. As you register and start using the platform then you will be very easy using it. Another advantage is that the platform is translated into varied languages. Apart from English- Spanish, Italian, French and others are also found. If you have any queries and you need contacting the broker you could speak to customer service. Online chat to answer your queries also helps.
- Many investment products- This gives you access to a wide range of financial instruments. If you want to invest in the stock market then eToro allows buying the stocks and ETFs from any country in the world. Furthermore, you could invest in complex instruments (higher risk) like the CFDs and the cryptocurrencies.
- Social trading platform- This is a platform created after putting a lot of effort into creating the social investment platform. The eToro allows interacting with traders and investors and share possible investment opportunities and learning from the knowledge of the community. We could say that eToro is the social trading platform.
- Copy best investors along with copy trading- One of the biggest benefit of this platform is its copy trader feature. It allows copying the trades of other investors. This platform gives access to top investors and it reflects the returns they have obtained as they started investing with this broker. So the advantage of this feature is that you can choose an investor who has obtained a high return and you could copy his portfolio.
- Demo account- This platform allows opening a demo account and allows trying the platform and starting investing in the assets without the real money. With the virtual balance within it, you could know about the working of the platform, gain experience as well as security without putting the money at risk. This is a good way of testing your investment strategy and see if it would bring profit or not.
eToro originally is a modern broker which uses technology for making your life easier. Everything could be done through the internet.
So, if you have recently heard from someone that you could rely on eToro then you must believe this without any hesitation at all. The benefits of these platforms are many and these benefits are listed above.
So, what are you still waiting for? Do not worry about plus500 review as it is not a headache. Wait no more and turn to this platform today.