Why eToro is Great for Long-Term Investing

If you’ve already heard of the eToro trading platform, chances are, you’ve learned that it’s a good platform for trading stocks, forex, and cryptocurrencies.

But, on the other hand, if you’re really not planning on trading but instead you want to invest in the long-term, you might ask: “is eToro actually a good platform for long-term investing too?

If so, we got you covered.

Here are 6 reasons on why eToro is great for long term investing.

1. eToro is beginner-friendly

eToro’s desktop interface

eToro‘s interface is so simple and beginner-friendly that it’s as easy as using your favorite social media sites like Facebook and Twitter.

The designers of eToro‘s user interface really designed the platform in a way that investing your money won’t be difficult and complicated like with most older trading and investing platforms.

Buying and selling stocks and other assets are really easy too, that it almost feels like you’re just buying virtual items in a video game.

2. Invest in your favorite stocks

Your favorite stocks on eToro!

Want to invest in your favorite companies such as Apple (AAPL), Amazon (AMZN), Facebook (FB), Disney (DIS), or 2020’s favorite, Tesla (TSLA)? eToro has them all!

eToro has a huge selection of stocks, from famous ones like listed above, down to the lesser-known stocks.

Also, if a certain stock you want to buy isn’t listed on eToro yet, you can easily make a suggestion to them through the help section to hopefully get them to list that stock.

3. They have a good amount of ETFs

eToro’s watchlist page

If you want to have a safe long-term investment, going for ETFs is also a great choice. Fortunately, on eToro, they have a good amount of ETFs listed on their platform.

Currently, they have your favorite ETFs like:

  • Powershares QQQ (QQQ)
  • SPDR S&P 500 ETF (SPY)
  • Vanguard Total Stock Market ETF (VTI)
  • Vanguard S&P 500 ETF (VOO)
  • Vanguard Total Bond Market ETF (BND)
  • Vanguard Real Estate ETF (VNQ)

and that’s just the tip of the iceberg. If you want to check out the other ETFs, check out eToro here.

Disclaimer: 75% of retail CFD accounts lose money. Trade with caution.

4. Zero-commission Trading & Investing

No fees!

You’ve heard that right.

You can hold stocks, ETFs, and assets like gold or bitcoin for decades-long without any commissions at all as long as you don’t use leverage.

Having no fees is definitely something you’d want if you’re planning on investing for long periods of time.

NOTE: eToro has an inactivity fee of $10/month. It’s very easy to circumvent this though. All you need to do is to login into your eToro account once every 12 months, and you wouldn’t need to pay any fees at all.

If you don’t have an eToro account yet, you can easily create an account here:

Disclaimer: 75% of retail CFD accounts lose money. Trade with caution.

5. eToro is regulated

Financial Conduct Authority

eToro Ltd is a registered and regulated company in Cyprus, Isreal, United Kingdom, United States, and Australia.

Instead of showing you screenshots(that could easily be cheated and manipulated), take a look at their filings yourself instead.

Here are the links to their registered filings:

If you’re going to invest your money in any platform, you’d definitely want to make sure that the platform is regulated.

6. Fractional shares!

Only planning on buying $50 of a certain stock? No problem!

Do you want to buy highly-priced stocks like Amazon($2000+) or Google($1000+) but don’t have that much money at the moment?

Fortunately, eToro supports fractional shares! You can simply buy a very small fraction of a stock, with as low as $50.

7. Mobile support

eToro’s great mobile interface

Being available on both the Google PlayStore and the Apple App Store, with their mobile app having the same look and feel as their desktop app, you can easily check how your long-term investment portfolio is doing wherever you are, as long as you have an internet connection.

Final Thoughts.

First of all, congratulations to you for the fact that you’re planning on investing. While we suggest making an eToro account early on so you can get your account activated as soon as possible, make sure to do your research first as to know what you’re actually buying first. You wouldn’t want to invest blindly!

Leave a Comment