Image Credit- Coindesk.com
eToro, a retail broker and social trading company has made an announcement on Monday morning that they have recently launched the commission free trading in stocks and ETF’s
eToro claims to be offering a direct access to the stocks and ETF’s rather than just CFDs for a period of time as compared to other firms in the retail trading market, but for now the firm charged multiple fees for the access of financial instruments
The announcement made on Monday claims that the firm will discontinue to charge the commission or the management fees. The social trading company said that it would be turning down any stamp duty costs and that they want to encourage more people to invest in the stocks and that this move of being commission free is just a first step which is not enough and that they want to get people excited about investing
