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Abstract:eToro has added 44 Australian stocks to its trading platform, continuing its policy of zero commission on these assets. This follows the recent inclusion of five new commodities. eToro, a regulated social trading platform, allows users to trade a wide variety of financial assets.
In an exciting move for the online brokerage world, eToro has announced the latest addition to its growing assortment of tradeable assets - 44 fresh Australian stocks.
Block Inc ($SQ2.ASX)
News Corporation ($NWS.ASX)
Fisher & Paykel Healthcare Corporation Limited ($FPH.ASX)
Auckland International Airport Limited ($AIA.ASX)
The Lottery Corporation Limited ($TLC.ASX)
Reece Limited ($REH.ASX)
Atlas Arteria Limited ($ALX.ASX)
Treasury Wine Estates Limited ($TWE.ASX)
TPG Telecom Limited ($TPG.ASX)
Spark New Zealand Limited ($SPK.ASX)
Carsales.com Ltd ($CAR.ASX)
Seven Group Holdings Limited ($SVW.ASX)
Orica Limited ($ORI.ASX)
Ampol Limited ($ALD.ASX)
Cleanaway Waste Management Limited ($CWY.ASX)
ALS Limited ($ALQ.ASX)
Lendlease Group ($LLC.ASX)
Pro Medicus Limited ($PME.ASX)
Bendigo and Adelaide Bank Limited ($BEN.ASX)
Harvey Norman Holdings Limited ($HVN.ASX)
Challenger Limited ($CGF.ASX)
New Hope Corporation Limited ($NHC.ASX)
Qube Holdings Limited ($QUB.ASX)
Bank of Queensland Limited ($BOQ.ASX)
Altium Limited ($ALU.ASX)
The A2 Milk Company Limited ($A2M.ASX)
Viva Energy Group Limited ($VEA.ASX)
AMP Limited ($AMP.ASX)
NEXTDC Limited ($NXT.ASX)
Beach Energy Limited ($BPT.ASX)
Metcash Limited ($MTS.ASX)
Technology One Limited ($TNE.ASX)
Ansell Limited ($ANN.ASX)
Nine Entertainment Co. Holdings Limited ($NEC.ASX)
Virgin Money UK PLC ($VUK.ASX)
Coronado Global Resources Inc ($CRN.ASX)
Nib Holdings Limited ($NHF.ASX)
Downer EDI Limited ($DOW.ASX)
Charter Hall Long WALE REIT ($CLW.ASX)
Breville Group Limited ($BRG.ASX)
The Star Entertainment Group Limited ($SGR.ASX)
Perseus Mining Limited ($PRU.ASX)
Champion Iron Limited ($CIA.ASX)
Corporate Travel Management Limited ($CTD.ASX)
Further to this, the firm has made clear that the Zero Commission policy will also extend to these new stocks and ETFs (where Zero Commission is in effect). This policy entails no extra fees on top of the raw market spread for your stock & ETF holdings. Additionally, there are no restrictions on commission-free positions, and the ability to purchase fractional shares remains available.
This new addition of Australian stocks follows recent expansions in eToro's offerings. Earlier in the month, five commodities were included in the platform's trading instruments, namely $OrangeJuice, $RICE (Rough Rice), $OATS, $SoyOil, and $SoyMeal.
Just two months prior in March, European Natural Gas was introduced to the platform's commodity assets, marking a steadfast commitment by the broker to broaden its scope and cater to a wide array of investor preferences.
eToro is a prominent social trading platform around the globe. Founded in 2007, eToro offers a trading platform for a broad range of financial assets such as stocks, commodities, cryptocurrencies, and more. One of eToro's distinguishing characteristics is the notion of social trading, in which users may follow and duplicate the transactions of expert traders.
Regulation is an important aspect of the financial services business, and eToro is no different. eToro is regulated by numerous top-tier financial agencies throughout the globe as a worldwide platform.
The Cyprus Securities and Exchange Commission (CySEC) regulates eToro in Europe. For UK users, the platform is regulated by the Financial Conduct Authority (FCA), an independent organization whose mission is to protect consumers, improve market integrity, and encourage competition.
Furthermore, the Australian Securities and Investments Commission (ASIC) regulates eToro in Australia. This enables eToro to provide its services to Australian citizens in a regulated setting.
eToro USA LLC is registered with the Financial Crimes Enforcement Network (FinCEN), an agency of the United States Department of the Treasury, for consumers in the United States.
These regulatory agencies compel eToro to follow stringent consumer protection, financial reporting, and operational transparency criteria. It is crucial to remember that these laws are in place to offer users a secure trading environment and to protect against financial crimes such as money laundering and fraud.
The notion of client money segregation is one component of regulation that consumers should be aware of. This implies eToro must maintain its clients' monies distinct from its own operating cash. Client money is normally safeguarded in the case of financial trouble or bankruptcy.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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