One of the leading multi-asset social investing platform Etoro (Etoro Group Ltd.), announced an IPO on March 16, 2021, through a business combination with FinTech Acquisition Corp. V. It was a long-awaited announcement that many investors were waiting for. You probably don’t want to miss this one and get a piece yourself in the early days and learn how to buy Etoro stocks today.
What is Etoro?
Etoro is a global multi-asset trading platform. With Etoro, investors can invest in stocks, currencies, ETFs, equities, commodities and even cryptocurrencies. It was founded in 2007 and has grown tremendously in the last two years. With a user base of 20 million, it is the leading social trading platform in the world. In 2020 alone, Etoro has managed to attract 5 million new users. Based on the results in January 2021, when the company attracted 1,2 million users, Etoro is on track to add even more in 2021.
Your capital is at risk.
How to buy Etoro stocks?
Approximate time needed: 15 minutes.
A simple guide on how to buy Etoro stocks in 6 steps.
- Pick a broker that has listed FTCV
I.e. Etoro, where you can buy stocks commission-free. FTCV – is a ticker that Etoro Group Ltd. is traded under after they merged with FinTech Acquisition Corp. V. You may support the company by investing via the Etoro platform itself since it’s also available for trading on the Etoro trading platform.
- Create an account
Register an account with a broker and verify your identity. It’s a standard process when a broker requests additional documents to verify your identity, address and proof of funds.
- Deposit funds to your broker account
Choose the amount you want to invest in the stock market and transfer to the account specified by the broker. Usually, the funds can be deposited via wire transfer, credit card or electronic payment. Depending on the broker, the money usually appears in your trading account within 24 hours. You must deposit at least the minimum amount required by the broker.
- Find a ticker FTCV on the trading platform
Find a company with a symbol FTCV – Fintech Acquisition Corp V (Traded on NASDAQ) and choose the amount you want to invest or the number of stocks you want to buy.
- Pick an order type
Market order – buy the stock at best available market price.
Limit order – buy at a limit price or below.
Stop order – buy the stock when a stop price is reached.
- Review and submit your order
That’s it! You’ve just bought a FTCV stock, which is a ticker for Etoro trading platform.
Is Etoro stocks a good buy?
According to Etoro press release on March 16, 2021, the company is experiencing a spike of interest in their provided services. It receives more new registered users than previously. Based on Google trends interest data it can be seen that the popularity of the platform has increased.
Here’s what the international analyst’s think about investing in Etoro stocks:
- The leading social trading platform in the world with a user base of 20 million traders.
- A regulated trading platform in the U.S., the U.K., Europe, Australia and Gibraltar.
- Diversified asset classes for investors to choose from.
- A tremendous user base growth in the last few years.
- Patented technology that protects the business from being copied.
- Feature-rich and a user-friendly trading platform even for beginners.
- Experienced management and team.