Investing in the stock market has traditionally been a pursuit reserved exclusively for the wealthy. Many barriers existed for most of the world’s population, hindering them from freely entering the stock trading arena.
Over a decade ago, eToro set out to change that, challenging the status quo and presenting innovative solutions to those barriers. Today, over 10 million registered users have simple, affordable access to the global financial markets through the eToro platform and with “Zero Commission” now in place, eToro is breaking down yet another entry barrier to investing in stocks.
Most brokers add a dealing charge when you buy or sell stocks through them. Zero commission means that no additional charge has been added.
In addition, many brokers charge a quarterly management fee and/or administration fee. eToro never charges any management, administration or ticketing fees. eToro even absorbs Stamp Duty and Financial Transaction Tax for clients where applicable: an additional savings of 0.5% in the UK, 1% in Ireland, 0.3% in France, and 0.1% in Italy.
When commissions are charged by your broker, what this means, practically speaking, is that part of your profits will be lost to you before you have even begun trading. Even if your stock trading is technically profitable, you will need to account for the markups involved when calculating actual gains. Since the point of trading is, of course, to be profitable, commissions are obviously no small factor for many people when considering whether or not to buy stocks.
Your gains go to you, not your broker
eToro, however, is all about making investing accessible and easier for everyone. We have already lowered barriers to entry with low trading minimums and a platform that’s very simple to navigate. Now, with zero commission, stock investing is simpler than ever. There are no markups to calculate, and no worry about commission eating into your profits.
How does it work?
Whenever you open or close a non-leveraged BUY stock position, you will not pay commission — no markup, no ticket fees, no management fees. Simple as that.
Fill your portfolio with a variety of leading stocks commission-free and without limits on trading volume.
For more information, be sure to visit the new Zero Commission page here.
Zero commission is available to clients of eToro (Europe) Ltd., eToro (UK) Ltd. and eToro AUS Capital Pty Ltd. (AFSL 491139).
For clients of eToro AUS, only stocks traded on US stock exchanges are available as underlying assets and with no commission. These stocks are offered through eToro Service (ARSN 637 489 466), operated by Gleneagle Asset Management Limited ABN 29 103 162 278, and promoted by eToro Australia Pty Ltd. CAR 001281634. Refer to our FSG and PDS before deciding whether to trade with us. All other stocks are offered as derivatives and bear commission.
Zero commission does not apply to short or leveraged positions. Zero commission means that no broker fee will be charged when opening or closing the position. Other fees may apply. For additional information regarding fees, click here. Your capital is at risk.
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