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 quickly. But, having said that, it’s really easy to use for new CFD traders who want to take on some risk, but not too much you can reduce leverage on CFD positions.
eToro CFD Trading Review
Name: eToro CFD Trading
Description: eToro lets you trade CFDs on major indices, forex pairs and stocks. One advantage of trading CFDs with eToro is that you can set your own leverage and reduce the amount of risk you take on per trade. A good option for new traders who want to see what other investors are trading through their social trading feature.
77% of retail investor accounts lose money when trading CFDs with this provider.
- CFD markets available: 2,976
- Minimum deposit: $50
- Account types: CFDs & investing in USD
- Equity overnight financing: 6.4% +/- SONIA
- CFD pricing: Shares 0.15%, FTSE 1.5, GBPUSD 2
- Social and copy CFD trading
- Easy-to-use CFD platform
- Can change your CFD leverage
- Accounts must be in USD
- High FX conversion charges
- Limited market range
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