I’m utilizing Trading212 and I’m in a position to purchase the VUSA ETF that tracks the S&P500. My pal desires to begin investing and needs to be accountable (not yolo in gme and tsla) so I advised him to only put money into the S&P500, particularly till he learns in regards to the world of investing and might choose some shares with part of him cash. I suggested him to enroll to t212 as nicely, as I’m aware of it and it has labored nicely for me.
Trading212, nonetheless, would not enable individuals to open accounts now, so I advised him to make use of eToro, as I really feel like that is the second most suitable choice for a reduction dealer in Europe. However, as we got here to understand, eToro is actually simply an enormous playground for newbie traders to lose cash. Most ETFs are simply CFD with in a single day charges and your entire platform is constructed round stockpicking investing and daytrading.
Is there no means to purchase an S&P500 following index on eToro that is not a CFD? Which brokers aside from Trading212 enable them?