Best Trading Broker for Beginners in the UK

Best Trading Broker for Beginners in the UK

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Best Trading Broker for Beginners in the UK. Free Practice Trading Account - https://med.etoro.com/B19861_A92762_TClick_Sstarcourt.aspx My Website - https://www.buystocks.ai eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs and neither does it represent or assume any responsibility for the accuracy or completeness of the content of this publication, prepared by What is Bitcoin, as a partner, using information available and public and not specific to the eToro entity. Welcome to my video on finding the best trading broker for beginners in the UK! In this video, Enda from Enda Trading shares her insights and experiences with the platform that helped him kickstart his trading journey. He discusses why eToro stands out as an ideal choice for beginners, long-term investors, swing traders, and even day traders. Join Enda as she provides an in-depth analysis of eToro's features, pros and cons, trading options, fees, account security, and more. Enda begins by introducing himself as an experienced trader who has been running the Enda Trading channel for over a year and eight months. Having transitioned to full-time day trading, he emphasizes that eToro played a pivotal role in her trading success. Established in 2007 by Yoni Assia and his brother Ronen Assia, eToro is a popular trading platform in the UK, and Europe, and recently launched in some states in the USA. One of the standout features of eToro is its zero percent commission on stocks, making it an attractive choice for traders. Enda explains that while there are spread fees involved, eToro's advanced and user-friendly trading platform justifies the slight increase in costs. He highlights eToro's copy trading service, which allows users to replicate the trades of successful investors, making it ideal for beginners looking for guidance. Enda encourages viewers to sign up for a free practice account through the link provided in the description to experience eToro risk-free. The video delves into the wide range of trading options available on eToro. Users can trade stocks, ETFs, CFDs, commodities, cryptocurrencies, and currencies. Anda showcases the platform's intuitive interface, demonstrating how easy it is to explore and invest in various assets. With over 2,981 stocks, 70+ cryptocurrencies, 264 ETFs, 32 commodities, and major indices and currency pairs, eToro provides ample opportunities for diverse trading strategies. A thorough examination of fees on eToro follows. Enda highlights that opening a free account incurs no management fees, and there is zero percent commission on stocks. However, there are spread fees associated with asset purchases. He discusses the one percent fee for buying cryptocurrencies, conversion fees for depositing in USD, and a withdrawal fee of $5. Enda advises viewers to use eToro's money account or Revolut to avoid some of these fees. Additionally, she cautions against overnight and weekend fees that apply to CFD trading or leveraged trades. Addressing concerns about eToro's safety, Enda shares the platform's robust security measures. eToro encrypts all user data using TLS and employs firewalls and cold storage. The company hires hackers to identify vulnerabilities, and its security professionals continuously monitor accounts. Enda assures viewers that their money is stored separately in a separate bank account, ensuring it's protected even if eToro were to face financial difficulties. Furthermore, she mentions eToro's insurance policy that covers losses up to £1 million for UK residents. The video concludes with a brief overview of eToro's news feed, which allows users to stay informed about market trends and interact with other traders. However, Enda suggests turning off notifications for this feature if it's not of interest. If you're a beginner trader in the UK seeking the best trading platform, Enda recommends giving eToro a try. He invites viewers to sign up for a free demo account using the link in the description and encourages them to like, subscribe, and provides feedback for future videos on different platforms. Join him on this exciting trading journey with eToro as your trusted partner.