eToro offers free trading with stocks, ETFs and options, while currency and CFD fees are low. The fees are integrated into the spread, with 0.75 points being the average cost of the spread during peak trading hours.
etorooffers one of the best selections we've seen of digital assets that can be combined in the same account to invest in stocks. Previously, while eToro managed multi-asset brokerage agencies (offering stock, commodity and currency trading) in other countries, the eToro platform allows eligible users in certain jurisdictions to trade digital currencies ranging from Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) to 1inch (1 INCH), Aave (AAVE) and Compound (COMP).
If you don't know what to buy, you can use the CopyTrader function to replicate the trades of one of the operators in the eToro Popular Investor program. Citizens, eToro offers trading with stocks and exchange-traded funds (ETFs) for users who reside in 44 states, to add to their existing cryptocurrency offering. And while it doesn't offer trading pairs between cryptocurrencies, the eToro mobile app offers advanced graphic features, customization and alerts. Through eToro's simple web platform and well-designed mobile application, customers can deposit fiat currency from a debit card or bank account and start trading immediately.
However, if you want to invest in major cryptocurrencies along with stocks and manage all your assets in one place, eToro could be the right option for you. Some cryptocurrency exchanges offer 200 or more different coins and tokens, but eToro's selection is still strong. Given the company's size, 15 years of experience in the market, and a sizeable user base, eToro is well on its way to becoming a crypto powerhouse. The eToro app store ratings are equally impressive, with 4.1 stars in the Google Play Store and 3.7 stars in the Apple Store.
eToro offers a wide range of cryptocurrencies along with other investment products, such as stocks and ETFs. As one of the world's leading social trading networks, eToro was one of the first fintechs to back cryptocurrencies before going ahead with the creation of a cryptocurrency exchange and a dedicated crypto wallet for its users. Currently, the service is only available for cryptocurrencies, but eToro states that it plans to add copy trading for stocks and ETFs. In eTorox, most user funds are stored cold to reduce the chance that they will be lost due to a hack or operational error.
Identity verification can take a few days and eToro notifies new users after the verification is complete.