Buy Stocks.ai by Enda Trading
Buy Stocks for the Long-Term
eToro is currently one of the top trading platforms to buy stocks and is also a good investment platform for long-term trading. They have incorporated CFD trading and ETFs into their business model. In recent years, eToro has made numerous improvements that make it more suitable for long-term investors and was one of the first trading platforms to buy stocks with 0% commission and is the leading Copy Trading service.
Buy Stocks to Day Trade
TD365 provides commission-free day trading with tight fixed spreads, fast trade execution speeds, and leverage of up to 1:200. They offer a highly competitive selection of trading products and services suited for beginners. For commodities to stock indices, foreign exchange to individual stocks, as well as cryptocurrencies and bonds, TD365 is a user-friendly trading platform for beginners or experts and is where I buy stocks to day trade.
Buy CFD Stocks
Plus500 is a reputable global brand that provides online traders with an intuitive CFD forex trading platform, access to CFD share trading, and a comprehensive selection of other CFD assets. Plus500 is one of the highest-rated Forex trading apps on Apple's App Store and Google Play due to the fact that it is both user-friendly and packed with features for beginner forex traders, maybe not my first choice for buying stocks.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Past performance is not an indication of future results.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro - Buy Stocks for the Long-term and Copy Trading
What can you Trade on eToro?
You can buy stocks, ETFs, CFDs, commodities, crypto, and currencies with eToro.
Trade 2981 stocks for the leading exchanges in the world such as London, Nasdaq, Hong Kong, Paris, and many more.
Invest in 70 cryptocurrencies including Bitcoin, Ethereum, and other leading cryptocurrencies.
Trade the 264 of the largest ETFs from the Vanguard, iShares, SPDR, and many more.
32 commodities such as Gold, Silver, Oil, Wheat, Cotton, Sugar, etc.
All the top 15 Indicies such as UK100, NSDQ100, SPX500, GER40, DJ30, China50, AUS200, USDOLLAR, and much more.
49 currency pairs like the GBPUSD, EURUSD, AUDUSD, GBPJPY, and every other pair you need.
Copy Trading lets you automatically copy the trades of traders you choose in your own accounts. To put it simply, it is trading on financial markets with the help of traders from all over the world.
What are eToro Fees?
When you buy or sell stocks or ETFs on eToro, there is no commission, and the broker pays the regulatory transaction fees. In general, it's safe to say that eToro's fees are low.
Stocks: eToro also doesn't charge any fees when you buy or sell stocks, which makes it a serious trading platform for investors.
Crypto: When you buy or sell crypto assets on eToro's platforms, you pay a 1 percent fee.
Conversation Fee: eToro only works in USD, so any deposits will be turned into USD and charged the fee for doing so. This fee will also be charged when you get your money back in GBP.
Withdrawal Fee: There is a $5 fee for every withdrawal request.
Overnight/weekend CFD Fees: eToro, like the majority of other CFD trading platforms, charges overnight and weekend fees, which are essentially a tiny cost for lending you money to store the asset.
Spread Fees: Spread fees are incurred when purchasing any asset or instrument on eToro, including stocks and all other assets or instruments.
Inactive Fees: For accounts that have been dormant for over a year, eToro levies a $10 monthly inactivity fee.
eToro - Frequently Asked Questions
What is the minimum deposit on eToro?
The minimum deposit is £10 using a Credit/Debit card and Paypal and is instant. The minimum deposit using a Bank transfer is $500 and can take up to 2-3 days.
Where is eToro based?
eToro (UK) Ltd. office is based on the 24th floor, One Canada Square Canary Wharf London, E14 5AB, United Kingdom. eToro also has 9 other offices around the world.
Is eToro Regulated?
Yes, the Financial Conduct Authority (FCA) governs eToro (UK) Limited.
TD365 - Buy Stocks to Day Trade (fast with low fees)
What can you Trade on TD365?
You can trade the world's most important financial products from commodities to stock indices, foreign exchange to individual stocks, as well as cryptocurrencies and bonds, on TD365.com.
Trade the world's most important asset classes, such as indices like the Wall Street 30, the DAX, the UK 100, the Japan 225, and many more.
Access UK, US, and European stock markets.
FX: You can trade more than 30 pairs, including important ones like EUR/USD, EUR/GBP, and AUD/USD.
Trading Gold, Silver, Brent Crude Oil, and US Light Crude Oil are all examples of commodities.
You can buy and sell Bitcoin, Ripple, Ether, and other cryptocurrencies.
What are TD365 Fees?
Trading instruments are not subject to commission but the only trading commission charged by the day trading platform is $5 or 0.07 percent on stocks valued at more than $7,150. TradeDirect365 provides competitive trading fees and spreads beginning at 0.6 pips and 0.8 pips for EURUSD and GBPUSD, respectively.
Low Fixed Spread Fees: This is an important selling point! Trade the markets 24 hours a day with fixed spreads, UK100 is 0.4, SP500 is 0.14, US100 is 1, DE40 is 0.9, EUR/USD is 0.6, USD/JPY is 0.7. Low-cost spreads on stocks from the United Kingdom, the United States, and Europe are also available with no added commission.
Commodities: Trade Gold, Silver, and Oil with 3pt spread 24 hours a day, 5 days a week at no additional cost.
Cryptocurrency: Spreads for Bitcoin are 30 points, Ethereum is 1 point, and Ripple is 0.24 points.
Guaranteed Stop Loss Limits: There is a small fee for these.
Deposit/Withdrawal fees: You can deposit and withdraw funds via bank transfer with TradeDirect365. There is a fee of up to AUD 20 for international bank transfers. Deposits can only be made with credit or debit cards. TD365 doesn't charge any fees for using a credit or debit card, but clients will have to pay the fees charged by the card companies.
TD365 - Frequently Asked Questions
What is the minimum deposit on TD365?
TD365 does not require a minimum deposit and accepts credit cards, debit cards, and bank transfers.
Where is TD365 based?
TD365 main office is on the 1st floor, Bay View house 308 East Bay St, Nassau, The Bahamas.
Is TD365 Regulated?
Yes, TD365.com adheres to the stringent licensing requirements imposed by the globally renowned SCB governing body.
Plus500 - CFD and Forex Trading Platforms for beginners
What can you Trade on Plus500?
Plus500 provides clients with access to over 2000 CFDs, including forex, stock indices, individual shares, commodities, ETFs, options, and cryptocurrencies from all major markets, including the United States, United Kingdom, Germany, and more.
Plus500's forex CFDs cover more than 60 currency pairs, including EUR/USD, GBP/USD, and EUR/GBP.
Plus500 offers the trading of more than 20 CFDs on commodities. These include precious metals such as gold and platinum, energy products such as oil and petrol, and agricultural products such as wheat and coffee.
Index CFDs available for trading on Plus500 cover global stock market indices. There is the USA 500, the ASX 200, the NASDAQ 100, the UK 100, and the France 40.
Plus500 provides CFDs on call and put options for more than 20 popular stocks, indices, and currency pairs.
Plus500 enables CFD trading on over 1,000 shares from the UK, USA, Germany, and other countries.
What are Plus500 Fees?
Plus500 does not charge commissions on any trades. Plus500's primary source of revenue is comparable to a currency exchange at an airport, where a different rate is charged to buy back the currency or sell it to an individual. The difference between these interest rates is referred to as the spread. The market spread is 0.00008 percent if the buy rate for EUR/USD is 1.18263 and the sell rate is 1.18255. (or 0.8 pips).
Spread Fees examples:
GBP/AUD Spread - At the time of this review, in June 2022, the British Pound to Australian Dollar spread was 0.02 percent, and the spread per unit is $0.00029.
AUD/USD Spread - The spread between the Australian dollar and the US dollar is $0.0008 per unit or 0.01 percent. The exact spread at the time of this Plus500 fees analysis was 0.8 pips.
EUR/AUD Spread - The Euro to Australian Dollar spread is $0.00025 per unit. In June 2022, the spread was 2.5 pips, or 0.02 percent in percentage terms.
Overnight Funding - When holding a position after a certain time, the overnight funding amount is either added to or subtracted from your account.
Inactivity Fee - A monthly fee of up to USD 10 will be charged if you do not access your trading account for at least three months. This fee will be charged monthly if the account is not logged into from that point forward.
Guaranteed Stop Order - Charged via a wider spread to guarantee a position closes at a specific price.
Deposit Fee - Plus500 charges no deposit fees.
Withdrawal Fee - Plus500 charges no withdrawal fees.
Plus500 - Frequently Asked Questions
What is the minimum deposit on Plus500?
Plus500 has a minimum deposit amount of $100 via Credit/Debit card, Paypal or Skrill, or via a bank transfer.
Where is Plus500 based?
The main office is based at Plus500CY Ltd, 169-171 Arch. Makarios III Avenue, Cedars Oasis Tower, Floor 1, 3027, Limassol, Cyprus.
Is Plus500 Regulated?
Yes, the Financial Conduct Authority (FCA) authorizes and regulates Plus500UK Ltd.
Buying Stocks - FAQ
What is the Best Trading Platform for Buying Stocks?
eToro - Commission-free trading, Massive variety of stocks, Free to use and configure, No trade restrictions.
eToro allows you to buy stocks, currencies, ETFs, and bonds commission-free. Withdrawal and exchange costs are extra. eToro offers shares from the LSE, NASDAQ, NYSE, and Euronext. It has intermediate-level charting tools. Free account creation and no trading limits.
TD365 - Numerous financial instruments, User-friendly MetaTrader 4 platform CloudTrade platform Proprietary commission-free trading, Limited fixed spreads, Rapid market execution speeds, Individual currency accounts, Free demo account trading, Low $1 deposit minimum, Excellent client service.
TD365 was created to make buying Stocks, Indices, Forex, Cryptos, and Commodities affordable and straightforward. TD365 offers cutting-edge solutions for web, desktop, and mobile trading, including the CloudTrade platform and MetaTrader 4 (MT4) The broker offers commission-free trading, tight fixed spreads, rapid transaction execution, and 1:200 leverage. They offer trading goods and services for all experience levels and trading styles.
Which Trading Platform used to Buy Stocks has the lowest fees?
TD365 - Has the lowest fees of all the trading platforms to buy stocks mentioned on this page.
TD365 is one of, if not the best value broker since it provides traders with reasonable, up-front trading fees in the form of fixed spreads and low commission rates.
What are Trading Platforms?
Trading platforms let you buy and hold stocks, bonds, and funds online. These options can make investing in ISAs or mutual funds straightforward. Old-fashioned stockbrokers face competition from innovative investment platforms. This is because platforms provide low-cost, easy access to investment for novices. A trading platform allows investors and traders to place trades and track accounts. Trading systems include real-time quotations, charting software, news feeds, and premium analysis. Services can be customized for equities, currencies, options, or futures markets.
How do Beginners Buy Stocks?
First, find a trusted platform, eToro and TD365 are fully regulated and secure, learn as much as you can about trading, and practice perfecting your technique with a demo trading account. After you feel confident start trading with real money.
Invest wisely. Read market analyst news, analysis, and insights, as well as company fundamentals using P/E and EPS.
Asset selection. Choose whether you will trade stocks, cryptocurrencies, ETFs, bonds, and other financial commodities.
Trade direction. Based on your research, decide whether to 'buy' or sell' the stock. Your research will determine whether the stock price rises or falls. Short sellers should avoid a stock market short squeeze.
Choose a strategy. Once you know which shares your trading and its direction, you can determine entry and exit points based on your trading plan. In your trading plan include risk management guidelines.
Determine position size, then buy or sell. Speculate on an asset's price action if the trade fits your trading plan. Stop-loss and take-profit orders can help you manage risk.
Stop trading. Follow your trading plan to close trades. Unless risk-management conditions have already closed it.
Assess and monitor. Analyze what went well and what could have gone better in your trade. Track your performance using your trading plan.