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.
What does “zero commission” actually mean?
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 any non-leveraged BUY stock trade, you will not pay any commission — no markup, no ticket fee, no management fee. Simple as that.
You will be able to trade any stock offered on eToro, and there’s no limit on trading volume, either. Fill your portfolio with a large variety of stocks from leading global markets, commission-free.
- Sign up for free
- Make your first deposit (as low as $200)
- Choose your favorite stock
- Click Trade
Watch the video tutorial:
For more information, be sure to visit the new Zero Commission page here.
Zero commission is only available to clients of eToro Europe Ltd. and eToro UK Ltd., and does not apply to short or leveraged stock trades. Zero commission means that no broker fee has been 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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