Investing is often thought of as something reserved for an elite found on Wall Street, the BMV and other major financial areas of the world. But the truth is that anyone can become a trader. This, because there are more and more options and tools that allow a part of the patrimony to be dedicated to the stock market. Do you think it is not possible because you do not have much money? Well, these tips could be for you:
Find platforms to invest online
On sites like eToro, users do not need to have a lot of money to create their portfolio, nor do they have to go through the difficulties of interacting directly with the markets. These types of interfaces allow people to choose stocks, indices, currencies, and other assets for future growth. In this way, you can save many of the commissions and charges of brokers and other intermediaries. But it is not the only advantage that these types of initiatives offer.
Eliminate intermediaries with online platforms
One of the most important costs of investing using traditional tools is that you generally need to hire an intermediary to help you make financial decisions. Brokers, although they help people to enter this market, can significantly reduce the final profits for their assets due to the trading fees they have. And on online sites like eToro, people have the freedom to choose their assets directly.
Choose different assets to invest from one place
Not all the goods that can make up a portfolio have the same cost for people. Shares in companies like Apple, while very attractive for their recent performance, can be very expensive. However, on platforms like eToro, it is not only possible to acquire securities of other promising companies, whose assets are more affordable. It is possible to opt for ETFs, commodities and other resources with slightly lower barriers to entry.
At eToro, users are also not forced to purchase full shares of the brands. This implies that the portfolio can have the money that the user wishes without losing flexibility or diversification. Additionally, through the concept of Social Trading, people can see and learn from other investors within the community. And even, if they wish, even copy the asset allocation of other experts who have a similar appetite for risk.
Invest now, no matter the size of your portfolio
eToro is a regulated entity, in Europe by the Cyprus Securities and Exchange Commission and in the UK by the FCA. Likewise, it is registered with the CNMV within the Investment Services Companies section of the European Economic Area in Free Service. It also has the Australian ASIC regulation. CopyPortfoliosTM is an investment management service provided by eToro Europe Ltd., which is authorized and regulated by the Cyprus Securities and Exchange Commission. Your capital is at risk. CopyPortfoliosTM are a portfolio management product. CopyPortfoliosTM should not be considered as an investment fund in the stock market, nor as a hedge fund. This content is for informational and outreach purposes only and should not be considered as investment advice or recommendation. Past performance is not an indication of future performance.