eToro with trading without commission
The broker eToro is in Kenya in the past years become more and more popular. One of the reasons for this is that the selection of stocks and securities is very large. It is also a fact that the growth in customers is particularly high in the area of social trading. With eToro it is possible that stocks can be traded commission-free. There are no trading volume limits.
Securities and shares are currently being traded on the stock exchange. One of the reasons for this is that stock exchanges around the world are currently in crisis mode. The fact is that one can assume that prices will recover in the long term. It is currently not possible to predict exactly whether and when this will happen. Many traders assume that drugs against Corona in particular and the spread of potential vaccines can lead to the values of individual shares on the stock exchangessignificantly rising again. At the moment, however, it still seems as if you can stock up on high-quality stocks cheaply. On the stock exchange, it is mainly companies that are called blue chips that are often traded. In the long term, good returns are possible. Returns can be achieved, for example, through dividends, but also through higher prices. So if you choose the right stocks, you can experience high returns when investing in stocks. The broker eToro is very interesting for buying and selling stocks and other investments because it promises low fees and advertises a large trading offer.
In the past few months, the number of customers who have an account with eToro, or open a custody account, has increased significantly. This means that custody accounts are being opened much more frequently than was the case, for example, a year ago. In times of crisis, people prefer to find out more about stocks and the potential opportunities. That doesn't mean, however, that equities always assume a positive trend over the long term. Anyone who buys shares and securities via eToro can also suffer losses up to a total loss, as is the case with almost all shares worldwide. In general, it should be mentioned that eToro is one of the brokers who implement trading in securitiesparticularly cheaply.
The selection ofstocks is quite extensive at eToro. Several thousand shares of globally active companies can be traded here. In the long term, you can currently build up an attractive depot and benefit from very low fees. In general, it should be noted that you can currently bet on various sectors that are under great pressure but offer good opportunities for a sustainable recovery.
Oil and gas stocks are currently much cheaper than they were 1 to 2 years ago. Large oil companies in particular have lost twice as much in value during the Corona crisis. This means that the shares have fallen, on the one hand, because the demand for oil has fallen significantly due to Corona and, on the other hand, of course, the late reduction in production has led to the oil price falling significantly. So, in the long run, it's possible that you canbuy some titles cheaply now. However, it can also happen that some smaller oil companies in particular come through the crisis much worse or not at all. With an investment or an investment strategy, you should always make sure that you achieve a healthy degree of diversification. This is the only way to ensure that you can always achieve high returns over the long term and at the same time not run the risk of suffering a high loss or even a total loss.
The eToro trading offer at a glance!
The broker eToro offers many different trading options. The commercial offer has increased significantly in recent years. The broker eTorovery well positioned. This means that one can assume that in any case there will still be a large number of options that can be implemented in the future.
In addition to trading in shares andSocial Trading it is possible that you can also be active in so-called CFD trading at eToro. Traders can choose from a total of more than 200 different currency pairs as base values for trading. It is possible that numerous stocks, but also indices or commodities can be used for trading at eToro. All trading on eToro can be carried out using different products or different software solutions. In concrete terms, this means that you can start trading with your own software, eToro OpenBook, for example. It is also possible that the WebTrader or your own mobile app can be used for trading.
How safe am I with eToro?
In general, it must be mentioned that more and more traders are making sure that they can start trading safely. This means, for example, that you choose a broker that definitely works well and can be described as very safe. In the long term it is possible that you can make significantly higher profits with a regulated broker than with an unregulated broker, where you always have to worry about whether funds can be credited and withdrawn. Anyone who chooses the broker eToro will find that there is definitely regulation and a company headquarters in Europe. At eToro, theseat is on Cyprus and that means that the corresponding regulation is also observed here. Many online brokerage companies based in Malta are regulated and controlled by theCySec authority in Cyprus. The authority has also given the broker the appropriate license so that he can participate in trading at all. In the long term, it is possible that you can definitely work very safely with the broker eToro and can assume that this is a very serious broker.
Deposit and account management at eToro
In order to be able to participate in trading as a trader at eToro, it is necessary to open a securities account with the broker. This works very easily online and is possible from the age of 18. In general, the broker eToro is aparticularly popular broker that is being noticed by more and more people. The trading offer has improved significantly and the broker offers its traders many different ways and options for depositing and withdrawing money.
Basically, it is possible that at eToro, corresponding deposits can be made without any problems via theVisa credit card, but also via the MasterCard. Funds can also be deposited via Diners Club, JCB, Skrill and Neteller. Of course, it is also possible to deposit funds via classic bank transfer. It is important to know that at least a sum of 500 euros must be deposited in order to be able to deposit funds and become active at eToro.
Basically, there arefees on top of the payouts. This means that a withdrawal from 20 euros is possible. For a total of 20 to 200 euros, a fee of 5 euros is to be expected. If the payout amount is between 200 and 500 euros, the fee is 10 CADs. With a sum of more than 500 euros that is paid out, the fee is 25 euros per payout.
Payments can also be made using MasterCard and Visa credit cards. It is also possible to have money paid out via Skrill and Neteller, but also via a classic bank transfer.
Learn CFD trading and be able to assess the risk?
Trading CFDs and Forex products involves a high level of risk. This means that losses up to total loss can be achieved if you want to be active in trading. The fact is that basically different guides and tutorials can be read and looked at if you are in theCFD trading wants to become active. In general, it should be noted that CFD trading can lead to a loss for over 60% of traders. Of course, it should also be noted that CFD trading can be carried out very easily and that this poses a risk. With free demo accounts, traders can learn how high the risk is and how trading works.