eToro Review UK has a wide range of services to offer customers. As well as offering the ability to trade shares, ETFs, commodities, cryptocurrencies and indices, they also specialise in social investing and copy trading. This allows users to copy the portfolios of other eToro investors and potentially make profits from their investments. eToro is available as a desktop, browser or mobile app.
eToro Review UK – A Complete Guide for UK Investors
In addition to a wide selection of assets, the eToro platform offers a good level of education for those looking to get into investing. There are a number of useful guides on topics such as the impact of interest rates and how to invest in bonds. However, some of the educational content was not as holistic as I would have hoped and felt that it was missing key context in certain areas. For example, they provide detailed resources on fixed income, but don’t actually offer this asset class to trade.
In terms of fees, eToro is one of the few online brokers to charge no commission on equity or CFD trading. However, there are a few other charges to be aware of such as the cost of currency conversions, withdrawals, and inactivity fees. Customers should also bear in mind that the eToro platform is operated in USD, although you can change this under the settings menu. As a result, any investments in currencies other than GBP are exposed to currency exchange risk. This could affect the value of your investment in sterling terms, even if it rises in USD terms.
