eToro trading platform UK is one of the most popular in the world. It is renowned for making investing and trading accessible, bringing social trading into the 21st century. However, it isn’t a full-service broker and does not offer bonds, mutual funds or forex. Therefore, it isn’t suitable for everyone. If you want to find a broker that offers these types of products, check out our picks for the best investment platforms in the UK.
eToro is an online investing platform that lets you trade stocks, currencies, commodities, cryptocurrencies and CFDs. Its most distinctive feature is that it allows you to copy trades from experienced investors, giving newcomers a way to reduce the learning curve and boost their returns. In addition, it offers a free-of-charge account with unlimited withdrawals.
Intelligent Investment Methods for Smarter Growth
As an industry-first, eToro launched commission-free stock and ETF investments in 2021. This is a huge benefit for investors who typically pay around £5 a trade in fees to invest in the stock market. It also introduced a do-it-yourself stocks and shares Isa in partnership with Moneyfarm, which gives users the option to pick their own investments within a tax-efficient wrapper.
eToro now offers a GBP money account that sits alongside your investing account, giving you the flexibility to deposit and trade in your preferred currency without incurring extra conversion fees. It also includes a free eToro Visa debit card, which makes it easy to access and spend your assets.
