Zero commission means that no additional broking / dealing fee has been charged when trading stocks. Most brokers add a dealing charge when you buy or sell stocks through them, generally called a “commission”. We do not charge commissions. However, general fees may still apply, such as FX conversion fees on non-USD deposits and withdrawals, withdrawal fees, and (if applicable) inactivity fees.
A market spread also applies, although this is not a “fee” charged by eToro. Many brokers also charge a quarterly management fee and/or administration fee. eToro never charges any management, administration or ticketing fees. eToro even absorbs Stamp Duty and Financial Transaction Tax for clients where applicable: an additional saving of 0.5% in the UK, 1% in Ireland, 0.3% in France, 0.2% in Spain and 0.1% in Italy.
When you invest with a traditional broker, you first pay commission which eats into any potential gains — meaning that you will lose a part of your profits before you have even begun trading. With eToro, you won’t pay any markup on the shares you buy, so that the commission stays in your pocket, instead of going to your broker.
A stock is a type of security that represents ownership in a corporation. When you purchase a stock, you are buying a small piece of the company. As an owner, you have the potential to make money in two ways: through dividends, which are payments made by the company to its shareholders, and through an increase in the value of the stock, which can be sold for a higher price than what you paid for it. Stocks are traded on stock exchanges, such as the New York Stock Exchange or the NASDAQ. It's important to note that buying stocks can be risky, as the value of a stock can fluctuate greatly and there is no guarantee that you will make money.