eToro is an online broker offering one of the top trading platforms available in Croatia. Founded in 2007, the company is headquartered in Israel.
eToro is the top Social Trading platform, allowing investors to research other users' investment strategies. When saying investment strategies, we refer to general parameters and practically all traders' investment history, orders, trading financial assets, and track records (Earnings or historical losses). With all this available info, eToro allows users to "Copy" other users' portfolios and, in turn, enable one to be copied by other users (as long as the profile is set up as public). You may attract traders to invest in your trading strategies, generating money through commissions. The program is called 'Popular Investors'.
Is eToro a trustworthy broker?
eToro is regulated in the UK, US, Cyprus and Australia:
eToro (UK) Ltd. is regulated by the Financial Conduct Authority (FCA),
eToro (Europe) Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) and retains a cross-border license from the CySEC to offer its services in member states of the European Economic Area and outside.
Member of the NFA (National Futures Association).
eToro USA is operated by eToro USA LLC, registered with FinCEN as a Money Services Business.
eToro Australia Pty Ltd is regulated by the Australian Securities & Investments Commission (ASIC).
UK's FCA can be deemed the strictest regulator globally, implying that eToro is a reliable Broker since it has to comply with a robust operation and customer care regulations. Being a citizen of the EU, your account would fall under the Cypriot eToro.
eToro's CopyTrader Platform
Since eToro's Social Trading platform was launched in 2010, the Broker has incorporated many improvements to its platform, including the possibility of choosing the leverage level of each trade, the opportunity that any average Joe may receive commissions when copied by other investors [By becoming a 'Popular Investor']. eToro's Trading platform allows 'copying' thematic portfolios in the "CopyPortfolios" section. Among some thematic portfolios available, you may find Cryptocurrencies, Medicinal Cannabis, Travel Industry, BioTech, Internet, Drones, among many others.
Bid and Ask order types available on eToro's Platform
When trading any financial instrument, eToro's Trading platform allows the following functionalities:
Take Profit: When using this functionality, you may specify a maximum value when the trade should be closed automatically. In other words, if a financial asset rises, the trader can "protect the profits" by cashing in the profits.
Stop Loss: Alternatively, when using the Stop Loss functionality, a minimum price should be specified at which the position traded on the financial instrument should be closed automatically. In other words, if the financial asset's price falls, the trader can minimise the losses of the trade to the specified price level.
Limit Order: You may use a limit to buy or sell a stock at a specific price or better. A buy limit order is executed at the limit price or lower, and a sell limit order is completed at the limit price or higher.
Leverage Level: eToro's platform allows Traders to choose each trade's leverage level. Depending on the instrument, the level of available leverage will vary. In particular, when you select leverage level 1 for equity markets, you are acquiring an instrument as you would obtain the actual stock.
Forex & CFD instruments offered by eToro
Forex: +47 currency pairs – Majors, minors, and exotics.
Stocks: eToro offers +1,800 CFDs on Stocks from 12 major Stock Exchanges, among which there are the New York Stock Exchange, Nasdaq, London Stock Exchange and Xetra, four of the most popular Stock Exchanges among investors.
ETFs: CFDs on 145 ETFs from iShares, Vanguard, PIMCO, Invesco, Market Vectors, and Horizons, among other asset managers.
Commodities: CFDs on 13 commodities.
Indices: 13 major stock exchange indices.
Cryptocurrencies: CFDs on 17 cryptocurrencies.
Thematic Portfolios: eToro offers CFDs on 19 Trading ideas [Portfolios] like Food And Drink, eSports, and 5G, among others.
Social Trading: As mentioned before, eToro offers the possibility of acquiring portfolios developed by other traders using the platform via its 'CopyPortfolio' feature.
eToro's trading platform is simple to use and has an excellent user experience.
Opening an eToro CFD Trading Account from Croatia
Opening a Forex and CFD trading account with eToro from Croatia is a process that takes only a few minutes and requires a valid ID and proof of address (electricity, water bills, etc.), which are scanned through the platform. Should everything be approved by eToro, the account would be operational in less than a day. You may deposit and withdraw money through:
International Bank Transfer
eWallets like PayPal, Skrill, Neteller, WebMoney, UnionPay
Opening a Demo Account is free, so you may try the Demo, test it, and then decide whether you will deposit funds or not.
Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, 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. 68% 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. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro
HOW TO TRADE WITH ETORO FROM CROATIA [0% COMMISSION ON STOCKS]
You have reached our guide on eToro, a trading platform that offers a range of financial assets to traders and investors worldwide. With over 30 million registered users worldwide, eToro has become a popular choice for those looking to trade various assets, including stocks, commodities, currencies, and cryptocurrencies.
In this article, we'll provide a step-by-step guide on how to open an account to start trading with eToro from Croatia and answer the most common questions about the platform. So, let's get started.