Therefore, you should choose eToro

Therefore, you should choose eToro

There are many trading networks out there . If you start with Norwegians’ user habits, you will find eToro and Binance in the top tier. With that said, these two trading networks are very popular in other countries as well.

However, if you are new to the game, then you may not have decided which trading network you want to be part of yet. It can also be quite difficult to find out which network you should really invest in. Is eToro a good choice, or will Binance be a better choice?

Choosing between eToro and Binance can be very difficult if you do not know exactly what you are doing. eToro describes itself as a platform where customers have the opportunity to work in a calm and safe way. They work continuously to improve so that every customer has the most diversified investment experience possible.

But how do they really work to ensure a diversified investment experience for their clients? In this article, we will take a closer look at what characterizes eToro as a trading network and in that way find out why you should choose eToro as your trading network.


eToro – a platform with many financial assets

Through eToro you get the opportunity to invest in various assets – not just cryptocurrency! Maybe you want to invest in stocks, other currencies or commodities? This is not a problem, because with eToro you get to do all this and even more.

Through eToro, you get the opportunity to operate with a total of 2,000 different assets in finance, if you want. That is a figure that is very impressive.

eToro is a good network for anyone considering investing , whether it is intended as a short-term, medium-term or long-term investment. At eToro, the investment opportunities are many – and available to anyone!

Customers pay 0% commission

If you are considering acquiring a non-leveraged position in equities or ETFs, eToro will make sure you get a good deal.

At eToro, customers pay 0% commission in connection with a non-geared position. In practice, this simply means that there are no hidden payments such as fees. If there is something to be paid, then you will be informed about this in advance.

When you become a customer of eToro, you automatically get access to the asset that you are interested in. This is more or less a process that goes by itself, and it is an element that really speaks in eToro’s favor.


Insurance of up to 1 million euros included – free!

eToro’s customers have the opportunity to insure their financial assets with insurance of up to 1 million euros, GBP or AUD.

For the customer, this is also completely free – it is included in the price you already pay. This is because eToro has purchased an insurance policy from Lloyd’s of London, and this insurance policy is solely for the benefit of eToro’s customers.

The only downside to this is that it is not certain that this insurance policy applies to everyone, such as eToro’s customers in the United States. At the time of writing, it only covers under from eToro Europe Ltd., eToro UK Ltd. and eToro AUS Capital Ltd.

Even though the insurance itself is free, it is important to understand that the insurance is linked to a deductible. This means that there is a small part that the customer himself has to cover, and then you can ask for compensation for the rest.

eToro is a social trading network

eToro is not just a trading network – it is a social trading network. Through this network you can communicate with people from all over the world, and that’s very nice.

eToro is a worldwide trading network – with over 20 million customers spread across more than 140 countries. It is a separate community, and this is a platform where it is very easy to get in touch with people who have the same interests as you.

If you do not know anyone in your immediate area who engages in cryptocurrency, then this is an activity that can be quite lonely. But since we live in a world that is very digital – and that is becoming increasingly digital – it does not have to be this way.

Through eToro, you get the opportunity to both try out how to invest in cryptocurrency, but you also get the opportunity to get to know new people across borders and continents – and that’s pretty cool!

Develop your own investment portfolio

Through eToro, you also get the opportunity to develop your own investment portfolio, or CopyPortfolios as it is also called. But this is not just your portfolio.

In such an investment portfolio, x number of assets or investors are placed together in a group. This is what eToro makes sure to do. The portfolio is based on a theme or strategy that has been decided in advance.

You can choose which investment portfolio you want to be part of, as there are different types. For one of the investment portfolios, the main focus is on the innovative market, while in another investment portfolio, algorithms, machine learning and AI play an important role .

At the time of writing, several investment portfolios are being cited by eToro as the most popular. Here are the first 10 that are listed on this list:

  • CryptoPortfolio.
  • RenewableEnergy.
  • CryptoEqual.
  • Napoleon-X.
  • DeFiPortfolio.
  • InTheGame.
  • Chip-Tech.
  • Four-Horsemen.
  • Driverless.
  • DividendGrowth.

Through these portfolios, you get the opportunity to interact with people who have a little more knowledge about this than you have. So in other words there are good learning opportunities too!

Security is top notch

Security is something eToro values very highly. In this trading network, it is the customer who is in focus, and they show this, among other things, by having good guidelines in connection with security.

eToro has good standards for network security, which are standards that they follow to the letter.

In addition to this, this is a platform that is regulated by the authorities in several, different countries:

  • FCA (UK).
  • ASIC (Australia).
  • CySec (Cyprus).
  • GFSC (Gibraltar).
  • FinCen (USA).
  • FINRA (USA).
Author Ludvig

Ludvig har lang erfaring med kjøp og salg av kryptovaluta. De senere årene har han tatt det til et nytt nivå og prøver å leve av kryptovaluta trading. Han følger godt med på markedet og har opparbeidet seg god kompetanse på teknisk analyse mm. Vi er veldig glad for å ha Ludvig med på laget, og er det noe du lurer på angående kryptovaluta er dette mannen du spør!