de | cn | ru

Brokers News

Forex Broker eToro Expands Its Stock CFD Offering

Jul 01 2013
By
Forexbrokerz.com

We are guessing that eToro wasted quite a lot of time of its ridiculous portfolio view upgrade but fortunately that's now over and the broker can move on to more substantial tasks – like introducing some of those new stock CFDs it promised a few weeks back.

 
Wait, that was uncalled for – in fact the first batch of the new stock has already been added by the broker and its customers can now trade CFDs of the following stocks: 
 
- Coca-Cola
- PepsiCo
- Manchester United
- Nike
- Sony
- Toyota
- Vodaphone
- Time-Warner
- Deutsche Bank
- Walt Disney (I'm guessing Disney's stock price will go up after releasing Finding Nemo 2. I'm just kidding. Don't trade based on that advice.)
 
With this the total of stock CFDs offered by eToro reaches the dull and unimpressive number of 18 but hey – it's a start. Besides, the broker approaches this expansion with quite an enthusiasm, as we can judge from the broker's blog post on the new stock addition. 
 
“We’re excited for you to start investing in brands that you have known throughout your life, and you will see that your familiarity with them will come in handy when making investment decisions,” shares eToro. 
 
What draws one attention is the type of stock that eToro has decided to introduce for trading – all the included companies are market leaders and carry brands that are well known even in the fartherst ends of the planet – have you ever heard of someone who doesn't know Coca-Cola? Nope, me neither. 
 
At a first glance, this seems like a weird choice – there are many assets that probably present a lot more trading opportunities in terms of price movement, however we should keep in mind eToro's general strategy and target groups here: after all the broker aims at attracting everyone, from the professional forex traders (who can enter the network as eToro Gurus and provide signals) to beginners who have never traded before in their lives and can jump right on the forex train by copying the trades of more experienced traders. With the latter group being significantly larger by comparison, it only makes sense for the broker to offer stock on brands that people are aware of. 
 

What's next

 
More stocks on well-known, lifestyle brands will be introduced in the near future, or so we are being promised. As per eToro's plan, the total of stock CFDs offered will reach 50 – which is adequate as per the market standard, and still nowhere close to the offering of other brokers like Liquid Markets for example (in fact, it would appear that currently Liquid Markets offers the biggest choice of CFDs on all sorts of assets, including Dow 30 stocks, stock indices, cash stock indices, etc.). 
 
 
 

About eToro

 
eToro is a Cyprus-based forex broker regulated by the Cyprus Securities and Exchange Commission. It offers reasonable trading via proprietary trading platforms, variable spreads from 1 pip, and leverage of up to 1:400.
 
Recently the broker obtained a license from the Financial Conduct Authority (FCA) in the UK, and is expected to set up offices in London soon. 
TAGS: forex trading  forex broker  forex  eToro  Liquid Markets  CFD  contracts for differences 

More news about eToro

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Brokers News

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

  As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus!   This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand Trading.com

Jul 03 2019 14:19:28

  Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Trading.com. Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

de | cn | ru