eToro is Now a FINRA Member And Offers no Cost Trading
The social trading and investing platform eToro announced that its office in the United States would allow traders to invest, open and close positions at no cost.
According to a press release published by the company, eToro is also reporting its new affiliation with FINRA starting last month, and platform plans to support stock trading in the United States.
eToro currently supports Contracts for Difference, or DCF, for crypto trading globally and in the United States. Now, the company will expand to multi assets.
Yoni Assia, CEO and Founder of eToro, said:
Globally, we have seen trading volumes on eToro increase by over 200 percent compared to the first three months of last year, we currently have more than 13 million users around the globe who are actively trading, investing and interacting with our social community.
In the United States, eToro has seen trading volumes between January and June 2020 surpassing 600 billion dollars.
Founded in Israel in 2007, eToro offers services globally and promotes social trading, including copying others and being copied by others through its CopyTrader solution.
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Mauricio is a newer member of the team and a very welcome addition. He is a financial journalist and trader with over ten years of experience in stocks, Forex, commodities, and cryptocurrencies. This experience means he has an excellent understanding of the markets and current events.