Yes, you can invest in indices like the S&P500 through either a CFD or a ETF with eToro. If you want to take short-term speculative positions then trading an index as a CFD lets you bet on the market going up or down. But, if instead you want to invest in an index with eToro …
Yes, you can trade CFDs on eToro (but not if you are in America). As a CFD broker, eToro has a fairly basic offering, but that’s fine because I’d say that eToro is mainly geared towards beginner investors whose CFD trading is not really suitable as it’s a leverage product and you can lose money …
Yes, the eToro app is safe to use for investing and trading as they are regulated by the FCA in the UK. However, there are a few things to be mindful of. Firstly eToro is a new company that has grown quickly and spent a huge amount on marketing for new customers. When companies grow …
eToro’s platform (despite looking very basic) is actually getting better every day, but I’d say it’s nowhere near being one of the best trading platforms out there. For serious and high-volume traders there is not a downloadable desktop version and you do not get direct market access. But for average and beginner investors it has …
Tempted by the forex markets? Beware the risks of trading forex as a side-hustle. Richard BerryRichard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the …
Can you trade forex on eToro and what’s it like? Read More »
One of the big advantages of eToro is that the platform allows you to trade stocks in both directions. Not only can you take ‘long’ positions in order to profit from rising share prices, but you can also take ‘short’ positions in order to capitalise on falling share prices. If you are interested in shorting …
