eToro Stocks

Introduction

eToro's platforms allow its users to invest in over 2000 stocks from various global exchanges including the NYSE, NASDAQ, LSE and others.

Via this online interface and app, users not only can trade shares but they also can make an analysis and share a conversation with other traders. Here's a comprehensive eToro brokerage review if you want to know more.

How to Trade Stocks on eToro?

With eToro, you can trade stocks via 2 methods:

1. By buying and selling real shares.
2. Via contracts for difference or CFDs – With this form of derivative, you are trading on price movements of an asset. CFDs allow you to increase your exposure by using leverage and to trade in both directions.

Stock CFD Trading

If you prefer to trade stocks via CFD with eToro then these are the steps to follow:

1. Open the eToro platform and click on “Trade Markets”.

   

2. Click on “Stocks”. This will list all the stocks that you can trade on the platform.

   

3. Choose the stock that you want to invest on by clicking on it. This will open the particular company’s stock page.

   

4. Click on the “Trade” button. A pop-up will open.

   

5. Decide on what position you would like to trade on (Buy or Sell) and then click on its specific tab.

   

6. Input the investment amount that you want to place or the number of stock units and set the leverage, stop-loss and take profit based on your trading preferences.

   

7. Click on the “Open Trade” when you are ready to execute the order.

   

Buying Real Stocks

So you want to trade real stocks with eToro? Here are the basic steps to follow:

1. Open the eToro platform and click on “Trade Markets”.

   

2. Click on “Stocks”. This will list all the stocks that you can trade on the platform.

   

3. Choose the stock that you want to invest on by clicking on it. This will open the particular company’s stock page.

   

4. Click on the “Trade” button. A pop-up will open.

   

5. Click on the “Buy” tab.

   

6. Input the investment amount that you want to place or the number of stock units and set the take profit based on your trading preferences.

   

7. Leave the leverage set to X1.

   

8. Click on the “Open Trade” when you are ready to execute the order.

   

Cannabis Stocks

eToro’s platform also offers medical marijuana stocks trading and currently, these are the listed companies:

• Amyris (AMR)
• Aphria (APHA)
• Aurora Cannabis (ACB)
• Canopy Growth (CGC)
• Cara Therapeutics (CARA)
• Cronos Group (CRON)
• GW Pharmaceuticals (GWP)
• HEXO Corp (HEXO)
• Innovative Industrial Properties (IIPR)
• New Age (NBEV)
• Organigram Holdings (OGI)
• PerkinElmer (PKI)
• Scotts Miracle-Gro (SMG)
• Tilray (TLRY)
• Universal Corp (UVV)
• 2nd Century Group (XXII)

All of these cannabis-related stocks can be found under the “Healthcare” industry.

Alternative: CannabisCare CopyPortfolio

The CannabisCare is a basket of stocks of pharmaceutical and biotechnology companies that have ventured using cannabis or marijuana for medical purposes.

Therefore, instead of investing on the shares of just a single company, you will be placing your trade on a group of companies under the same sector and in this case, medical marijuana. This portfolio requires a minimum investment amount $1,000.

List of Stocks

There are over 2500 company stocks that can be traded on the platform. This list continues to grow as new stocks are added particularly after an initial public offering or IPO.

You can explore the stocks based by according to their industry or the exchange where they belong to.

Looking for Penny Stocks?

Penny stocks are not available on eToro’s trading platform because this broker only offers publicly listed stocks. Penny stocks are over-the-counter (OTC) stocks and are only available via full-service brokerage firms.

Stock Price

Just like how stocks are traded in the stock market, trading stocks via the eToro platform are executed in real time and the prices displayed for the assets are live.

Stock Trading Fees

Buy positions opened on stocks that are non-leveraged will not incur any commissions:

• Markups
• Ticket fees
• Management fee

Remember: Zero fees only apply when you set the leverage to X1.

Trading Times

Every stock has its own specific trading time and it will depend on the exchange where they are traded.

It is also important to take note that the opening and closing hours of these exchanges might be affected by specific market events.