How to buy stocks & shares on eToro in 2024
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You can buy real stocks on eToro, or trade them via CFDs. Both options are commission free, and fractional shares are available. This page explains the steps you can take to buy stocks and shares on eToro.
How to buy real stocks on eToro
There are over 2500 stocks and shares available on eToro and you can buy any of them with just a few clicks. When you buy real stocks on eToro, you will actually own shares in the company you’re investing in.
Buying real stocks is best suited if you’re planning to hold your position for the long term. Here are the steps to follow to buy real stocks on eToro.
1. Log into your account
Log into your eToro account and click the ‘discover’ tab in the left toolbar.
2. Find your stock
Click stocks at the top of the page. Now you can filter by exchange and sector or just enter the stock you want to buy into the search bar.
3. Open an order ticket
Once you’ve selected your stock, you will be taken to its home page. Click the invest button to open an order ticket.
4. Enter your trade information
Make sure buy is checked at the top of the ticket and fill in your trade information. Set the price at which you want to buy and the amount you want to invest. You can also include a stop loss and take profit.
5. Buy your stock
Press the open trade button and your order will be placed. You can now manage your position in the portfolio section of your account.
51% of retail CFD accounts lose money. Your capital is at risk.
How to buy CFD stocks and shares on eToro
If you want to buy stocks, but want to trade rather than invest, then the CFD option is the best choice. CFDs have some benefits over real stocks, most importantly the ability to buy with leverage. Buying CFD stocks and shares on eToro is easy and the process is similar to buying real stocks. Here are the steps you can follow to buy CFD stocks on eToro.
1. Log into your account
Log into your eToro account and click the ‘discover’ tab in the left toolbar.
2. Find the stock you want to buy
Click stocks at the top of the page. Now you can filter by exchange and sector or just enter the stock you want to buy into the search bar.
3. Open an order ticket
Once you’ve selected your stock, you will be taken to its home page. Click the invest button to open an order ticket.
4. Enter your CFD trade information
Make sure buy is checked at the top of the ticket and fill in your trade information. Set the price at which you want to buy and the amount you want to invest. You can also include a stop loss and take profit.
5. Buy your CFD stock
To buy stocks using CFDs, you will need to adjust the leverage settings. Select the amount of leverage you wish to use and click the open trade button. Your trade will now be live and you can manage it in the portfolio section of your account.
51% of retail CFD accounts lose money. Your capital is at risk.
What types of stocks can I buy on eToro?
On eToro, it is possible to buy a wide range of stocks from several worldwide exchanges. When searching for stocks, you can filter by the industry or exchange they belong to and new companies are frequently added, especially following IPOs. Here’s a breakdown of the sectors and number of stocks available on eToro.
| Industry | No. of stocks |
|---|---|
| Energy mineral | 99 |
| Tech | 194 |
| Consumer durables | 110 |
| Software | 330 |
| Retail | 157 |
| Financials | 616 |
| Medical tech | 292 |
| Entertainment | 169 |
| Consumable non-durables | 148 |
| Media | 105 |
| Transportation | 99 |
| Manufacturing | 197 |
| Healthcare | 47 |
| Processing | 121 |
| Utilities | 162 |
| Minerals | 114 |
Are penny stocks available to buy?
No, penny stocks are not available on the eToro platform. eToro offers only listed companies on global exchanges. Penny stocks trade over the counter (OTC) and can only be bought using a full-service broker.
What are the fees for buying stocks and shares?
When you buy real stocks on eToro, you will not incur any fees. There is zero commission in addition to no markup, rollover, and ticket fees. It is important to remember that zero fees only apply if you select x1 leverage when buying stocks.
For buying stock CFDs, there will be some fees to consider. Below is a list of the fees you will be required to pay when buying stock CFDs on eToro.
- Spread. This is the difference between the buy and sell price for any share. Spread will be variable and will be different for each stock. However, it generally starts from 0.15%.
- Overnight fees. If you keep a stock CFD buy position open overnight, you will be charged a rate of 6.4% plus the Libor rate of 1.99%. These two rates will be added together and divided by 365 to give the daily overnight rate.
- US-listed stocks. If you buy a US-listed stock with a price of less than $3 there is a charge of 2 cents per united traded.
Does eToro pay dividends on stocks?
Yes, eToro pays dividends on all stocks or ETFs where it is applicable. Dividends are paid directly into your account on the date set by the company you are invested in. To find your dividend payments, you can simply log into your account and navigate to the account settings section, where you can find your statement.
51% of retail CFD accounts lose money. Your capital is at risk.
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