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eToro is an online social trading platform that offers consumers tools to invest or trade in a variety of financial assets. eToro can be used by almost anyone in Germany to trade or invest cryptocurrencies, stocks, commodities, ETFs and other commodities, using a desktop computer or the eToro mobile app. It is a very good alternative to other broker accounts by standard German banks.
Go to eToro
| Disclaimer: | 77% of private investor (CFD) accounts lose money. |
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eToro charges no fees for opening an account no management fees. The company also does not charge any commission on stocks, including no markup, ticketing fees or stamp duty.
eToro users must log in at least once every 12 months to avoid a monthly inactivity fee. eToro accounts are charged at USD 10.00 inactivity fee on any remaining balance on the account. Open positions are NOT closed to cover these expenses.
eToro uses the 1-month USD LIBOR rate for calculating overnight fees for stocks.
Spread: Spread * Price in USD * Number of units
Overnight fees (per night): Fee * amount of units
eToro offers a free mobile app in the App Store and the Play Store.
To begin trading or investing on eToro you have to verify your account. The following documentation is required to verify your account and begin trading:
Your proof of identity should show your name, clear headshot, date of birth, issue date and expiration date (if possible)
Documents accepted as Proof of Identity are:
Note: If there is information included on both sides of your identification document, you need to submit both sides.
Your proof of address should show your name, address, issue date, as well as the name and logo of the company that issued the document. The date of issue should be no older than 6 months.
Documents accepted as proof of address are:
Disclaimer:
eToro is a multi-asset platform which offers both investing in stocks and crypto assets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. The trading history presented is less than 5 complete years and may not suffice as a basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Crypto assets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk. Past performance is not an indication of future results.
