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Why eToro Is Better For Stock Traders Than Plus500?

plus500vsetoroIf you consider stock trading on Plus500 or social investment network eToro, I would recommend you to choose eToro Openbook.

Why?

There is one major fact why eToro is better choice when it comes to stock trading. I will explain on a simple example:

Imagine you would like to buy Alibaba stock. At this moment, stock price is around $111.  In Plus 500 you need to buy min. 50 units of this stock. Leverage is 1:20 and min. margin is 5%. Thus you need at least $277 to trade Alibaba.

On eToro you can buy this stock from as little as $10! You can decide how much you can invest.

How is that possible?

eToro allows you to buy full stock (1 unit) for $111 or just smaller part of it. You can invest any amount you wish. You can buy for $50 or $20. Minimum investment is $10.

eToro puts all orders to one basket and that´s why you are allowed to invest like this. This way you are able to trade and invest in more stocks or to buy expensive stocks even with a relatively small budget.

Other advantages of eToro:

– eToro is a social investment network where you can interact with other traders same way as on Facebook.
– you can copy other successful traders and investors
– by becoming a popular investor you can earn up to additional $10,000 monthly on top of your own trading earnings

Warning: Trading carries risk. Only risk capital you are prepared to lose. Past performance in not an indication of future results.

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