A recommended broker in this case is eToro. If you want high flexibility and frequent trading, then the transaction costs should be as low as possible. It pays to compare the different online brokers and stock trading features you require before you buy stocks. In fact, you can get to grips with the platform for free courtesy of a demo option that gives you $100,000 in practice funds to play with, which can be used to build your knowledge and experience before risking any real money. You can open an account with as little as $200, so dipping your toe in and sampling the eToro experience is relatively affordable. This allows you to follow and replicate the positions of high performing traders, which is a great way to learn the ropes. If you're new to trading, you can try out the CopyTrader tool. While eToro charges a $5 withdrawal fee, there’s zero-commission and no stamp duty to pay on stock purchases, so you don’t have to worry about accumulating fees when you invest. Alternatively, you might prefer to trade ZM without actually buying the stock, in which case, you can trade Zoom CFDs and speculate on the stock’s price movements by taking long or short positions and use leverage to boost the value of a trade. If you want to buy Zoom stock (ZM), eToro makes it easy to purchase the underlying asset by opening a long (BUY) position. These days, eToro is well-established as one of the world’s leading stockbrokers, offering a wide range of stocks and equipping users with a variety of ways to trade or invest. It succeeded in making trading more approachable by introducing smart, easy to navigate UX and an interface that mirrored popular social media platforms.
EToro launched in 2007 with a fresh, innovative ‘social trading’ platform.
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