Yes, eToro is a stock broker. eToro is a multi-asset investment platform that allows users to trade stocks, among other financial instruments.
As a stock broker, eToro gives users access to a wide range of shares from global markets including the US, UK, Asia, and Europe. You can buy and sell real stocks with zero commission (specific countries only), provided you're not using leverage or opening a short position.
Aside from traditional stock trading, eToro offers fractional shares, which allows you to invest with smaller amounts. It also supports CopyTrading, which lets users mirror the portfolios of other investors who trade stocks.
☝️ What makes it better than other stock brokers?The reason why I prefer eToro rather than other stock brokers is that it operates under financial regulatory licenses in multiple regions. For example, in the US, it is registered with FINRA and SIPC. In Europe, it is regulated by the Cyprus Securities and Exchange Commission (CySEC), and in the UK by the Financial Conduct Authority (FCA).
The bottom line? It's safe and under the supervision of financial authorities.
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