GET A US$10 BONUS When you buy ASX shares
GET A US$10 BONUS When you buy ASX shares
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Whether you’re a gadgets lover, a fashion fanatic or a brewery buff, why not invest in the companies you know and love? With over 120 true Aussie shares, you can invest in the brands you grew up with.
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eToro offers you the opportunity to join a leading collaborative community for traders and investors — a place to connect, share, and learn. View millions of other traders’ portfolios, stats, asset allocation, and strategies. Chat with them, discuss investment ideas and benefit from their knowledge.
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FAQ
How are you able to offer commission-free stocks on eToro?
eToro’s goal has always been to open the financial markets to everyone in a simple and transparent way. We strongly believe that anyone, anywhere, can and should have access to the financial markets. Making our platform easy to use, and removing entry barriers such as commission on stock investments, serves this purpose. It also attracts more customers to eToro, enabling us to grow our user base. eToro serves millions of clients in more than 140 countries. The larger our user base, the easier it will be to lower our fees further.
Alongside our stock selection, we also offer other financial assets and features, such as leveraged trading and short orders, which incur fees that help to finance eToro’s operations and are clearly displayed on the platform. You can read more about the fees which eToro charges on this page.
Alongside our stock selection, we also offer other financial assets and features, such as leveraged trading and short orders, which incur fees that help to finance eToro’s operations and are clearly displayed on the platform. You can read more about the fees which eToro charges on this page.
Which users can buy stocks commission free?
Zero commission stock investing is available to all eToro users, excluding the US.
To which stocks does zero commission apply?
When you invest in the underlying asset — in other words, when you open a non-leveraged, BUY (long) stock position, you will pay zero commission. Zero commission does not apply to CFD stock positions:
On eligible positions, the “Open Trade” window will show the message: “You are buying the underlying asset commission free.”
- Leveraged positions.
- SELL (short) positions
- Positions on stocks traded on exchanges not specified here.
On eligible positions, the “Open Trade” window will show the message: “You are buying the underlying asset commission free.”
Why my account is in USD and not AUD?
While the eToro platform currently operates in USD only, you can choose to display your portfolio value in AUD using the General Settings menu.
For more information, visit the “'Can I change the currency of my eToro account?”' page.
For more information, visit the “'Can I change the currency of my eToro account?”' page.
Is eToro the custodian of the shares?
Unlike investing in CFDs, when you invest in an underlying asset on eToro, the stock, including any fractional shares, is purchased under your name or on your behalf, making you the owner of your investment.
Do you offer franking credits?
Yes, eToro does offer franking credits.
To help prevent shareholders from being taxed twice on the dividends they receive, some Australian companies offer franking credits. These credits, also known as imputation credits, are declared by the shareholder at tax time, letting the Australian Tax Office know that tax has already been paid and helping to avoid double taxation.
It is important to remember that not all dividends will be fully franked (having had the total amount of tax paid by the company). Some dividends may not be franked at all, while others will only be partially franked, with a portion of the tax paid.
To help prevent shareholders from being taxed twice on the dividends they receive, some Australian companies offer franking credits. These credits, also known as imputation credits, are declared by the shareholder at tax time, letting the Australian Tax Office know that tax has already been paid and helping to avoid double taxation.
It is important to remember that not all dividends will be fully franked (having had the total amount of tax paid by the company). Some dividends may not be franked at all, while others will only be partially franked, with a portion of the tax paid.
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Zero commission means that no broker fee will be charged when opening or closing the position and does not apply to short or leveraged positions. Other fees apply including FX fees on non-USD deposits and withdrawals. Your capital is at risk. For more information, click here.got it