eToro UK Review
eToro is the world’s most popular trading platform. It’s a great option for those who want to learn how to invest, as it has a very easy-to-use interface. It also features a large selection of assets, including stocks, ETFs, currencies, commodities and cryptocurrencies. It also offers advanced trading features such as leveraging (trading with more money than you have), and a fan favourite, trading both up (long) and down (short).
The app has over 30 million users around the world, eToro UK Review it has received several awards for its social copy trading capabilities. It’s also regulated in the UK by the FCA, and its security is top-notch.
There are a few key differences between eToro and other stockbrokers in the UK, which should be taken into account before choosing whether it’s the right brokerage for you. For example, eToro does not offer an ISA (tax-free investment vehicle).
eToro UK Review: Is It the Best Option for British Investors
It is also important to note that eToro charges fees for certain assets. For example, if you trade UK shares on the platform, there are stamp duty fees that you need to factor in. Similarly, if you trade in a currency pair that is not the EUR, there are conversion fees to consider.
eToro has a wide variety of assets that you can trade, and its selection gets 5 stars from me. It includes 5,500 stocks, 680 ETFs, 55 currencies, 35 commodities and 18 indices. It also has a growing number of cryptocurrencies, reflecting the recent boom in popularity for this asset class.