Can I buy ETFs at eToro as of November 2023?
Yes, you can buy ETFs at eToro.
How to reduce risk with ETFs
I've thoroughly tested eToro services with our analyst team by opening a real-money account and these are my most important findings:
- Diversification is an important aspect in investing
- With ETFs you can easily diversify your portfolio
- The cost of trading ETFs at eToro is low
One thing that keeps many investors awake at night is that they will lose money because of investing in the wrong assets. The easiest way to minimize that risk is to diversify your investments - that is, to buy as many different assets as possible, preferably across several asset types.
If that sounds like too much trouble, then ETFs, or exchange-traded funds, may just be the right investment for you. In short, ETFs are funds that invest in many different securities (often hundreds of them). By buying a single ETF, you're basically investing in all of those underlying assets. In essence, the ETF provider is doing the diversification for you.
Some ETFs focus on a specific sector, region or commodity, while others have much broader coverage. It's up to you how deep you want to diversify your holdings. And you can always diversify further by buying several different ETFs; the best brokers offer hundreds of ETFs to choose from.
Is it worth buying ETFs at eToro?
Yes, eToro is a good place to buy ETFs, because of their low costs.
💰 eToro ETF trading fees class | Low |
📃 eToro number of available ETFs | 420 |
💰 eToro withdrawal fee | $5 |
💰 eToro minimum deposit | $10 |
💰 eToro inactivity fee | Yes |
📃 eToro deposit methods | Bank transfer, Credit/debit cards, eToro Money, PayPal, Neteller, Skrill, Trustly, iDEAL, Przelewy 24, RapidTransfer, Klarna, Giropay |
🗺️ Country of regulation | UK, USA, Cyprus, Australia |
🎮 eToro demo account provided | Yes |
Data updated on November 11, 2023
eToro doesn't offer a wide selection of ETFs, which can make it more challanging for investors to diversify their portfolio.
At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.
To learn more, read our comprehensive guide to portfolio diversification, including pros, cons and the most popular strategies.
FAQ
Are ETFs a good investment?
ETFs are usually considered to be low-risk assets. Investing in ETFs can help in building a diversified portfolio.
Are ETFs good for beginners?
ETFs are usually considered to be low-risk assets. Investing in ETFs can help in building a diversified portfolio.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
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