Trading stocks is the trend today, and people are very much keen about knowing where to start their first stock investment. Do you wish to know what is the best app for trading stocksis? If yes, then you are in the right place. Even though there are diverse platforms that have the ideal features for both beginners and experts to trade stocks, eToro stands out in the crowd all the time.
It is a very popular platform and has been in the limelight since its launch in 2007. It is highly preferred mostly in USA and is also adopted by most of the traders across 140 countries in the globe. There are many features within this platform that proves its efficacy for providing you ease to trade stocks.
To help you get more clarity on this, here are some of the attributes of eToro highlighted in this article to give you a better insight into its features.
Table of Contents
Safety Aspects of eToro
It is a very renowned platform that is registered and licensed on all legal terms. It is a licensed brokerage firm that is regulated by various institutions to prove their credibility. Some of the popular institutions who have assured the safety aspects of eToro include FCA, CySEC, MiFID, ASIC and many more.
eToro is linked with top banks for getting the funds of people deposited within the platform securely without any cyber hassle. Moreover, it also has SSL encryption for guarding the data of clients to give them a safe and sound experience while trading stocks. For more information on this topic, you can refer to this eToro review article.
Beginner-Friendly Stock Trading Platform
For your information, eToro has made it easy for the people to start with stock trading aspects. There are many beginners who want to get into stock trading but are usually demotivated by the complex interface of diverse platforms. It is not the case with eToro as it offers a user-friendly interface over the website and mobile application.
Moreover, it also has a demo account feature where people can practice trading without involving their real funds. Once, you feel like you have understood the stock trading tactics, you can convert your demo account to livestock trading account for buying, selling and trading stocks. Get detailed insight on this topic over this eToro review article.
Trading & Non Trading Fee Charged by eToro
eToro charges a very nominal trading fee from the clients for maintaining the services and facilities offered by the platform. The charges are different for the diverse services that the platform has to offer. As compared to other brokerage platforms, eToro has a competitive trading and non-trading fee. The non-trading fee might be higher over the platform as compared to the low trading charges.
Know more about the different types of fees charged by eToro over this review article.
These are a few of the things that answer your question, “what is the best app for trading stocks?”. These attributes state that eToro is one of the best stock trading platforms for both beginners and experts. If you wish to get into stock trading to make immense monetary profits, make sure you turn up to eToro to explore its impeccable features and services.
TradingGator is a trading review website where you can read about everything from CFD signals to the best European forex brokers. Find the top trading platforms and courses to become lazer sharp in your execution. We even cover the best forex affiliate programs and show you step-by-step how to get started. TradingGator - For Traders, By Traders!