When you open a non-leveraged BUY (long) position on a stock, you are investing in the underlying asset, and the stock is purchased in your name. This also applies to fractional shares: for example, on eToro, you can invest as little as $50 to purchase part of a share whose price per unit is $1,000.
When you open a non-leveraged BUY (long) position on a stock, you will pay zero commission* — no markup, no ticket fee, no management fee.
eToro also offers additional functions using CFD trading. With CFDs, you can open SELL (short) positions and use leverage. Keep in mind that if you hold a CFD stock position, you do not actually own the stock. Any CFD trade will be marked 'CFD' in the trade line.
The eToro trading platform is not an exchange or a market. This means that you can only buy and sell stocks within the eToro trading platform. It is not possible to move open positions out of your eToro account to another broker or to another person. If you open a stock position on eToro, you are not issued a stock issuance certificate or allocated voting rights. Nonetheless, should the company issue dividends, your balance will be updated in accordance with your holdings.
Zero-commission is available to clients of eToro (Europe) Ltd, eToro (UK) Ltd and eToro AUS Capital Pty Ltd (AFSL 491139).
For clients of eToro AUS, only stocks traded on US stock exchanges are available as underlying assets and with no commission. These stocks are offered through eToro Service (ARSN 637 489 466) operated by Gleneagle Asset Management Limited ABN 29 103 162 278, and promoted by eToro Australia Pty Ltd. CAR 001281634. Refer to our FSG and PDS before deciding whether to trade with us. All other stocks are offered as derivatives and bear commission.
Zero-commission does not apply to short or leverage positions. Zero-commission means that no broker fee will be charged when opening or closing the position. Other fees may apply. For additional information regarding fees, click here. Your capital is at risk.
In addition, all stock trades made on the Milan Stock Exchange (Borsa Italiana), Helsinki, Copenhagen and Oslo Stock Exchanges are executed as CFDs, regardless of the account regulation. All stock trades opened by users resident in the following countries are only available as CFDs: Afghanistan, Angola, Belarus, Côte d'Ivoire, Iraq, Liberia, Myanmar, North Macedonia, Nauru, Nigeria, Sierra Leone, Zimbabwe.
To find out which regulation your account is under, please click here.