So this means you own 2.17% of an Alphabet (Google) share.<\/span><\/span><\/li>\n<\/ul>\nNot only is eToro's fractional share investing tool ideal for those on a budget, but it's also ideal for diversification purposes. For example, if you deposit $1,000 on eToro, you can buy 20 different stocks for $50 each. This allows you to create a risk-inverse portfolio.<\/span><\/span><\/p>\nCFDs on shares<\/span><\/span><\/strong><\/h4>\nWe mentioned above that when you buy stocks on eToro, you own them outright. That said, the online broker also allows you to trade stocks via CFDs. This will be of interest to those looking to trade in the short term. Indeed, CFDs on stocks allow you to benefit from additional advantages, such as leverage and short selling.<\/span><\/span><\/p>\nFor example :<\/span><\/span><\/p>\n\n- Traders in most countries will be offered 1:5 leverage on eToro when trading CFDs on stocks. This means you are able to trade stocks with five times the amount you have in your eToro account. ( <\/span><\/span>Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You will never lose more than the amount you invest in each position.<\/span><\/span><\/em> )<\/span><\/span><\/li>\n
- Stock CFDs also allow you to enter into a short-sell position on eToro. This means you can profit from a stock's decline in value.<\/span><\/span><\/li>\n<\/ul>\n
All stocks and exchanges that can be bought in the traditional sense can also be traded via CFD instruments.<\/span><\/span><\/p>\n2. Cryptocurrencies\u00a0<\/span><\/span><\/strong><\/h3>\nNow that we've covered stocks, in this section, we'll look at cryptocurrencies. This sector is divided into several digital currency markets and pair types, so we'll break them down one by one.<\/span><\/span><\/p>\nBuy Cryptocurrencies on eToro<\/span><\/span><\/strong><\/h4>\nIf you're a long-term cryptocurrency investor, you'll be happy to know that eToro allows you to buy and own 19 different digital tokens.<\/span><\/span><\/p>\nThis includes:<\/span><\/span><\/p>\n\n- Bitcoin<\/span><\/span><\/li>\n
- Ethereum<\/span><\/span><\/li>\n
- Bitcoin Cash<\/span><\/span><\/li>\n
- Ripple<\/span><\/span><\/li>\n
- Dash<\/span><\/span><\/li>\n
- Litecoin<\/span><\/span><\/li>\n
- Ethereum Classic<\/span><\/span><\/li>\n
- Cardano<\/span><\/span><\/li>\n
- IOTA<\/span><\/span><\/li>\n
- Stellar<\/span><\/span><\/li>\n
- EOS<\/span><\/span><\/li>\n
- NEO<\/span><\/span><\/li>\n
- TRON<\/span><\/span><\/li>\n
- Zcash<\/span><\/span><\/li>\n
- Binance Coin<\/span><\/span><\/li>\n
- Tezos<\/span><\/span><\/li>\n
- Chain link<\/span><\/span><\/li>\n
- Uniswap<\/span><\/span><\/li>\n
- Dogecoin<\/span><\/span><\/li>\n
- Wrapped BTC<\/span><\/span><\/li>\n<\/ul>\n
eToro is constantly adding new digital currencies to its list based on market demand. For example, a few days before this review was written, the broker added Dogecoin.<\/span><\/span><\/p>\nIn terms of ownership, you'll be purchasing the cryptocurrency of your choice with no strings attached, meaning you can hold onto your investment for as long as you like. Of course, you'll also need to consider how you plan to store your newly purchased digital coins on eToro.<\/span><\/span><\/p>\n