Author Topic: Etoro - Anybody using?  (Read 3676 times)

erwintwr

  • Jr. Member
  • **
  • Posts: 92
  • Karma: +8/-0
    • View Profile
Etoro - Anybody using?
« on: December 18, 2015, 09:23:55 am »
hi guys

international investing is becoming more and more tempting, and i saw this platform linked in a mybb post earlier today :
http://www.etoro.com/en/customer-service/fees/

The only thing that bothers me - is that i cant understand their Fee structure. the above link, if you move over to stocks, mentions :
Quote
please note: we will not charge holding fees for non-leveraged buy positions.

thus the only fee should be on trading, and also depositing/withdrawing your money.

This blog post indicates that a fee of 0.1% will be charge on buying a stock, and then $25 to withdraw $500 or more(5%). - eg withdrawing larger amounts is the only way to avoid the fee's.

http://www.savethestudent.org/make-money/stock-market-investing.html


They are obviously catered for the trading persona, allowing you to copy other traders with a % of your investment, which seems tempting as well - but i will rather buy and hold.

does any one see any other catches i might need to know about?


« Last Edit: December 18, 2015, 09:41:21 am by erwintwr »