TRADING WITH ETORO IN THE UK [0% COMMISSION ON UK STOCKS]

Key Features and Benefits of eToro

• Wide Range of Financial Instruments: eToro offers access to various financial instruments, including stocks, commodities, currencies, and cryptocurrencies. With over 2,000 assets available to trade, eToro provides traders and investors with ample opportunities to diversify their portfolios.

• Social trading features: One of eToro's unique features is its social trading capabilities, which allow users to follow and copy the trades of other successful traders on the platform. CopyTrading is a valuable mechanism for beginners looking to learn from experienced traders or for busy investors who want to take a more hands-off approach to trade.

• User-friendly interface: eToro's user-friendly interface makes it easy for users to navigate the platform and access the various trading tools and features. Whether you're a beginner or an experienced trader, eToro's intuitive design ensures a smooth user experience.

• Regulated platform: eToro is regulated by reputable financial authorities in multiple jurisdictions, including the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) in Australia, which ensures that the platform adheres to strict security, transparency, and financial stability standards, giving users peace of mind when trading on the platform.

• Education and research tools: eToro offers a range of educational and research tools, including webinars, video tutorials, and market analysis, to help users improve their trading skills.

Depositing Funds at eToro from the UK

There are two things to consider when you deposit funds at eToro (and on any other broker). First, it supports your preferred banking method, and second, the minimum deposit amount.

Here is a list of eToro's depositing methods available to local clients:

• Credit and Debit Cards: Available for deposits in USD, GBP, EUR and AUD. It supports Visa, MasterCard, Visa Electron and Maestro. Transactions will appear as 'Etoro' or 'www.etoro.com' in your statement.

• Bank Transfers: Funds will reach your trading account in 4-7 days. Remember to quote the Transaction ID to prevent delays in crediting the funds.

• PayPal: Available for deposits in USD, GBP, EUR and AUD. You may use funds in your PayPal account or use the credit/debit card linked to it.

eToro is very accessible regarding the minimum deposit; the UK minimum deposit is 50 US Dollars.

Financial Assets offered by eToro

• Stocks

• ETFs

• Cryptocurrencies

• Forex

• Indices

• Commodities

• CopyTrading

• Smart Portfolios

eToro's Regulation for clients in the UK

Since eToro is a multi-asset broker serving millions of users worldwide, it is regulated in the following jurisdictions:

• UK: eToro (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA)—Firm Reference Number: 583263.

• Australia: eToro AUS Capital Limited (eToro Australia) is regulated by the Australian Securities & Investments Commission ("ASIC") for the provision of financial services and products—Australian Financial Services Licence number: 491139.

• Seychelles: eToro (Seychelles) Ltd. is licenced by the Financial Services Authority Seychelles ("FSAS") to provide broker-dealer services under the Securities Act 2007, License number: SD076.

• USA: eToro USA LLC is a registered Money Services Business ("MSB ") with the Financial Crimes Enforcement Network (FinCEN) in the United States (registered number: 31000204884179) and holds Money Transmitter Licenses ("MTLs ") in the States where applicable. eToro USA offers a platform for US customers to buy and sell cryptocurrency.

Does eToro offer Islamic accounts? Is eToro halal?

Yes - eToro offers Islamic accounts. And how do they work? An Islamic account is a halal trading account available to clients who respect the Quran and wish to invest in accordance with Islamic finance principles. Islamic trading accounts differ from regular Forex accounts in several ways. 

Sharia law prohibits the accumulation of interest; traders with Islamic accounts do not pay or receive interest rates. Also, transactions in Islamic accounts must be completed without delay, so currencies must be transferred from one account to another immediately, and transaction costs must be paid at the same time. Islamic accounts are also known as swap-free accounts because of this, and they follow four basic principles to be considered Halal:

• Prohibition of payment and receipt of any interest rate (Riba)

• Immediate exchanges in the context of trading operations

• Prohibition of gambling

• Distribution of risks and benefits

Disclaimer: eToro is a multi-asset platform which offers both investing in stocks, as well as trading CFDs.

Please note that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. 

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. 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