eToro Stocks

Introduction

Are you interested in trading stocks on eToro? Whether you're a seasoned investor or just starting out, eToro offers a wide range of over 3000 stocks, from popular companies to emerging markets.

Via this online interface and app, not only will you be able to trade shares, but you can also make an analysis and share a conversation with other stock traders

This comprehensive guide will provide you with all the information you need to start trading shares on eToro, including how to choose the right stocks, manage your portfolio, and make informed investment decisions.

Let's get started!

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.

   

Minimum Investment Size for Stock Trading

The minimum amount that you can place to trade stocks on the eToro platform is $10. Keep in mind that this is the amount that you will invest and this will be deducted from your capital or the amount that was deposited in your account.

In comparison with other instrument types...
This investment size is also the same minimum for investing in ETFs and cryptocurrencies. For asset classes under currencies, commodities, and indices, the minimum is much higher at $1000.

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.

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.

Frequently Asked Questions (FAQ)

How does eToro work for stock trading?
eToro's platform allows you to participate in stock trading through multiple avenues. You can directly purchase and sell stocks, or alternatively, trade stock price fluctuations via contracts for difference (CFD). With CFDs, you gain the ability to trade in both directions, providing you with the potential to profit regardless of the stock's direction.

Can I trade eToro stocks on my mobile device?
Yes, you can trade eToro stocks on your mobile device. You can access eToro via your mobile web browser, or alternatively, by downloading the eToro app that is compatible with both iOS and Android devices.

What types of stocks are available on eToro?
eToro offers a wide range of stocks that you can trade. You can find stocks from different sectors such as technology, healthcare, energy, finance, and more. Additionally, this broker also provides access to stocks from international markets such as Japan, the UK, and Germany.

What are the tax implications of trading stocks with eToro?
When you trade stocks with eToro, you may be subject to tax implications depending on your country of residence. It's important to check your local tax laws to understand your obligations. In general, profits made from stock trading are usually considered taxable income, and you may be required to report them to your tax authority.

How often should I check on my eToro stock portfolio?
The frequency at which you should check on your eToro stock portfolio depends on your investment strategy and personal preference. If you have a long-term investment strategy and have chosen stable stocks, you may only need to check your portfolio occasionally to make sure your investments are performing as expected. On the other hand, if you have a more active investment strategy, or if you have invested in more volatile stocks, you may want to check your portfolio more frequently. It's important to keep in mind that stock prices can change rapidly, so monitoring your portfolio can help you make informed decisions about buying or selling. Ultimately, it's up to you to decide how often you want to check on your eToro stock portfolio.

Can I set up automatic trades on eToro for stocks?
Yes, you can set up automatic trades on eToro for stocks. The platform provides a feature called CopyTrader, which allows you to automatically copy the trades of other successful traders on the platform.

Are there any minimum requirements for eToro stock trades?
Yes, there are minimum requirements for eToro stock trades. The minimum trade size for stocks is $10 USD, and the minimum deposit to fund your account will depend on your country of residence.

Can I trade fractional shares on eToro?
Yes, you can trade fractional shares on eToro. The platform allows you to invest in fractional shares of stocks, which means that you can invest in a portion of a share rather than buying a full share.