The eToro platform is a popular trading and investing tool that allows users to capitalise on rising market prices, as well as add another dimension to their investment strategies. However, there are significant risks involved when implementing short positions and traders should always consider consulting with a financial advisor to ensure that their strategy is aligned to their personal risk tolerance and financial goals.Resource : theinvestorscentre.co.uk
eToro is a regulated broker by ASIC, CySEC, and FCA, providing a secure environment for trading. However, it is important to remember that trading on any asset involves risk and you should never invest more than you can afford to lose.
How to Short Stocks Using eToro: A Step-by-Step Guide
The platform is beginner-friendly, equipped with easily accessible features and navigation tools to help new traders get started. In addition, the platform integrates a social community with advanced technical analysis tools. For example, charting is powered by a top-tier third party provider (TradingView) and offers users access to 9 different chart types, dozens of technical indicators, and customisable charts.
EToro also offers a wide selection of assets, including stocks, ETFs, and currencies. Its CFD offerings include over 1000 stocks and ETFs, spanning all sectors and markets. However, CFDs should only be traded by experienced investors willing to accept high risk – half of all traders lose money when trading them on average.
eToro also offers a wide range of support options, including email, live chat, and phone. Additionally, the site provides multilingual support and has a dedicated FAQ section.