eToro commission free

[WoShiPro]

Anyone using? They're charging no fees on trades on the US market. If they can extend to UK market will be good to buy and hold for ETF.

I only heard about them from Spotify advertisment about the copy feature..

https://www.businesstimes.com.sg/co...rganic&utm_source=Facebook#Echobox=1589785464

 

[Sinkie]

Are they custodian broker?

 

[BBCWatcher]

Unless I'm missing something, they don't seem to offer any viable Singapore dollar round trip.

 

[zhiming1]

u do not own real stocks in Etoro, u are only purchasing CFDs. Which also means that any trade you have is betting against Etoro.

Kindly correct me if i am wrong as this info was gathered many years ago when they are advertising heavily.

 

[civicguy]

The article today. But then my IB is about USD 1 per trade. So will not bother. Ha. Is the interface nice. I am a sucker for nice UI hahahah

 

[wira]

u do not
own real stocks in Etoro, u are only purchasing CFDs. Which also means that any trade you have is betting against Etoro.

Kindly correct me if i am wrong as this info was gathered many years ago when they are advertising heavily.

I used to think EToro only offers CFDs but seems they do offer stocks as well and you will own the underlying shares.

Any catch for this as it seems too good that eToro offers 0% commission on US stocks and no custody fees or overnight fees as well. ???


https://www.etoro.com/stocks/

 

[BBCWatcher]

Any catch for this as it seems too good that eToro offers 0% commission on US stocks and no custody fees or overnight fees as well. ???

Yes, there's a catch. I refer you to the comment I already made in this thread.