Being an investor or looking out to jump into trading and have any fear of being scammed or fraud? All you need is a verified and registered trading broker like eToro UK. One of the first things that catch every new cryptocurrency trader is the trading platform, so with this trading broker, you don’t need to be. The trading broker company is operating in more than 140 countries of the world and has more than 20 million happy customers’.
eToro is best known for social copy trading and cryptocurrency trading. Not only that, the company has designed a web platform and a mobile app that is user-friendly, best for the new investors and users
Registration
The Cypriot regulator CySEC licenses eToro in Europe, and the British regulator FCA licenses eToro in the United Kingdom. The broker also has offices in Australia and the United States. As a result, dealing with this broker trading organization is safe and secure. Aside from that, one of eToro’s specialties is that it is the world’s leading social trading platform.
Fees and Commissions
eToro offers stock trading with no commissions. While there are no commissions, there are some fees that clients should be aware of. When you deposit money in AUD, EUR, GBP, or RUB, it will be changed to USD and then back to USD when you withdraw the funds. Fees differ depending on how you deposit funds.
Without paying a commission, the company allows customers to purchase and sell a variety of financial products such as equities, currencies, exchange-traded funds (ETFs), and bonds. It is completely free to open an account, and there is no limit on the amount of money you can trade.
Leverage on eToro
You can trade with more money than you have in your account if you use leverage. The broker eToro adheres to all European Securities and Markets Authority laws (ESMA). As a result, those of you in the United Kingdom (and mainland Europe) will be limited in the amount of leverage you can use.
Accounts for VIPs
For traders with balances between $5,000 and $250,000.00, eToro offers a VIP club membership with five grades ranging from silver to diamond. A specialized account manager, lower withdrawal and deposit costs, access to exclusive signals, and unique assets, among other VIP-style account privileges, differ depending on the level.
Popular Investor Program
It is divided into four tiers, from cadet to elite. As a result, users can choose their account type based on their investment. This program offers a variety of benefits, including distribution rebates, monthly payments, and even a management fee for those who achieve elite level.
Trading in Cryptocurrencies
For trading actual cryptocurrency, the has pricing that is near to the industry norm, such as 0.75 percent for buying or selling Bitcoin, however, its fiat to crypto conversion charge is exorbitant at 5%. Converting from crypto to crypto at eToro, on the other hand, costs merely 0.1 percent in addition to the current spreads.
Conclusion
On an easy-to-use web platform and mobile app, eToro offers drastically discounted trades. Well, the broker trading company eToro is best suitable for those investors who are interested to compete with other traders’ those who are most interested in cryptocurrencies, stocks, FX, ETFs and CFDs.
About Author
Founder
David Watson is the founder of DesignDrizzle and is a professional website designer for over 10 years. He has competence in creating visually appealing and user-friendly websites for all the clients. He likes to explore new and creative ideas for designing, photography effects and other inspirational subjects