The end of the year has been a boom for all the traders out there. From trading in stocks , cryptos and the launch of IPOs of several top companies, the financial market was gaining huge attention. In this season, we have come up with you on How to Trade stocks on Etoro. If you are interested in learning how to start trading on this popular platform then read on to find out.
About Etoro
Etoro is a trading and brokerage company based in Israel. It was founded in the year 2006. The founders of the company are Ronen Assia, Yoni Assia and David Ring. The founders initially came up with the idea when they were torn about the working system of trading and finance. Fed up with the whole system, they took it upon themselves to come with a fix. Therefore, Etoro was born. It became the fix for traders who no longer had to depend on the rules and regulations of the Financial Institutions about every issue related to finance. They could access the social trading website for all the purposes. The headquarters of the company are based in TelAviv, Israel. In addition, for international purposes the offices are also located in London and Limassol. It has been one of the leading organizations in the Financial Technology platform. For over a decade, it has been in the business serving the purpose of social trading and brokerage for its customers.
It began growing rapidly over the years due to its commitment towards using innovation and technological tools to help its customers. In the second year of business, they came up with advanced graphics technology to help the customers to understand and identify the financial institutions better. In 2009, they designed a platform for the clients so that they can trade financial assets online itself. This platform was known as Webtrader. It would help the customers to acquire assets on real time basis from any location. The intuitive technology was a boon for the professionals as well as the amateurs. In 2010, they came up with a feature that would help the novice traders to copy the acts of the advanced traders know as Copytrader. This feature would help the people to notice and learn the techniques of the advanced traders and copy their moves accordingly. This changed the whole trading game itself. Therefore, it received the Finovate Europe Best of Show award for 2011. In 2012, it made it even easier for its customers when it designed the mobile app- Etoro. This app could be accessed through any apple or android featured mobile phone. In addition, you can also access the features of Webtrader and Copybook through this mobile app. In 2013, the app added a new feather to its cap. It also added stock trading to its app. Previously, the trading option was available only for commodities and currencies. This helped the traders to dive into investment in the international market and it looked for their portfolio as well.
In 2015, it merged the Webtrader and Copybook features into one platform. So, traders could use it through the same medium. The technologically advanced members at the company have designed the efficient working of the website and medium. In 2016, it made a revolutionary move by adding Bitcoins to its app. Initially, it started with the Bitcoin cryptocurrency but later it expanded to other cryptos such as Ethereum, Litecoin and others as well. The next year , it allowed trading in cryptocurrencies in the US market. It ventured into the US market with all the features from trading assets to cryptos.
How to buy stocks on Etoro
Before learning this , we wanted to give you a heads up. If you want to get educated about the know-how about trading stocks, cryptos, investing, portfolios or anything about Finance related under the sun, then the app provides an Online Trading Academy. Here, you can access all the beginner and advanced level courses which has been curated and taught by professionals.
- First, you have to register and create an account on the official website- HERE. After you have successfully registered in the site, you will be able to login into your account.
- Once you login, you can access the Markets page in the next step. In this page, you have to click on the Stocks in the drop-down list.
- There is a feature in the website in the homepage- Trading and Investing. This shows you about the current market analysis of the available stocks in real time basis. We recommend you to be aware about the market conditions before beginning to trade.
- You can select the Stock of the company that you are willing through the option of Buy.
- You have to enter the details about the unit of shares that you want to buy and the amount that you want to invest.
- Once entering the details are done, you can click on Open Trade option to finally complete the procedure
If you want to buy stocks through a CFD account then you have to follow the steps that are mentioned above but the only different thing will be- you are allowed to set the leverage parameter to n times. This means you can handle a large sum of money with ease on this website.
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