Why eToro Is Better For Stock Traders Than Plus500?
If 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 $10,000 monthly on top of your own trading earnings.
Sin up in Etoro with this link and get 100$ free.
If you choose 500plus you can get 25$ free.
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