eToro Investing Guide: Everything You Need to Know

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Here are some of the features you can access on eToro:

Variety of Investment Options

eToro offers a wide range of assets, including global indices, currencies, and ETFs, as well as access to both domestic and international stock markets. Users can create personalised portfolios or opt for pre-built ‘smart portfolios’. In addition, eToro provides access to alternative asset markets, such as cryptocurrencies, forex trading and commodities, enabling users to create balanced and diversified investment portfolios.

Cryptocurrency Trading

Users can trade some 76 popular cryptocurrencies on eToro. The platform also facilitates crypto CFD trading and staking for experienced investors, with a dedicated platform and wallet for cryptocurrency enthusiasts.

Diversified Portfolios

‘Smart portfolios’ help investors explore pre-selected collections of assets to diversify their holdings, with options for industry-specific or strategy-based portfolios. This feature can make it easy to set up a diversified portfolio without spending hours researching which stocks should be included in your investment mix.

Interactive Community and CopyTrading Feature

Users can connect via a social media-style news feed to discuss news, strategies, and market updates. Choose between a public or private profile and receive personalised alerts and regular blogs. Follow and copy successful investors’ trades with the CopyTrader feature, making it simple for beginners or those looking to learn from others. You can visit your favour traders’ pages and read about their investment strategy and their portfolio mix. Popular investors can also earn rewards based on their number of followers.

Educational Resources and Tools

eToro Academy offers educational content on investment concepts, market interpretation, and asset types for various skill levels. New users can access a ‘practice account’ with a $100,000 virtual fund. Other resources and tools include CopyTrader; eToro Academy; eToro Plus, which features investment analysis; weekly crypto round-ups and insights, and ‘Digest & Invest’ podcasts across a range of investment topics.

SMSF Access

For those who want to use their investment earnings to help fund their retirement, you can also open a self-managed superannuation fund via eToro. Do your homework first, or speak to your financial advisor, to ensure this is the right path for you as SMSFs aren’t suitable for everyone.

eToro Club Membership

Investors with a minimum of $5,000 profit from sold assets can join the eToro Club, with additional tiers based on your equity level. For example, if you have $5,000 balance you can join the Silver tier subject to meeting the criteria, while top-tier Diamond members need a balance of $250,000. Benefits include personalised investment guidance and free webinars, as well as discounts on eToro fees, VIP events and complimentary subscriptions to financial publications.

Mobile Compatibility

eToro offers mobile apps for Android and iOS devices, making investing convenient on the go. The eToro Money account wallet app allows easy storage of your holdings and fiat currencies, as well as for those trading cryptocurrencies.

Platform Security

Licensed by ASIC in Australia, eToro takes user security seriously with advanced encryption and optional two-factor authentication for an added layer of protection. You can read more about eToro’s licensing in Australia here.