Etoro claims to be offering thousands of various financial assets for trade. The platform has tools in place designed for each category of asset trading.
The different markets include;
Conventional stocks such as Apple, Google, and Facebook.
Commodities markets such as Gold, Oil and Natural Gas.
Forex trading pairs such as the EUR/USD, USD/JPY, and EUR/GBP.
Exchange traded funds markets together with SPDR Gold (GLD), Proshares Ultra S&P 500 (SSO), and Emerging Markets Index (EEM).
Indices from stock markets such as Nasdaq (NSDQ100), DAX Index (GER30), and Dow Jones (DJ30).
Cryptocurrency trading for 10 Cryptos such as BTC, ETH, XRP, DASH, ETC, ETH, EOS, XLM, LTC, and BCH.
In each market, there are different terms and conditions pertaining to open leveraged trades as well as “buy” (long) or “sell” (short) positions. Some of the markets are regulated by relevant authorities such as the FCA while others are not.
Etoro also offers CFD trading for select asset classes.
Thematic Social Trading
Social trading is the foundation of the Etoro trading platform. This model seems to allow other traders “to work for you” according to CEO Yoni Assia.
Under this section, there are CopyPortfolios, Partner CopyPortfolios, as well as Popular investor provisions that allow traders to copy the positions of others to make optimal decisions.
Further, this includes a dedicated social media platform that allows traders to interact with each other and brainstorm on strategies that optimize gains.
Trading Enhancers
The multi-asset trading platform has a Blog that informs traders about the latest news that dictate the direction of key markets.
On the other hand, there are dedicated sites on the investing tab where important events such as Brexit, Economic events, and markets are analyzed to inform traders about the optimal position to make.
Conclusion
Etoro is a platform that offers social trading services in real time. The positions are easy to make and the gains depend on strategy.