they are broker...can buy normal stocks n etf

Please note that some of the instruments on the eToro platform are traded as real assets, while others use CFDs. CFD stands for Contract for Difference.

All non-leveraged BUY positions for ETFs, cryptocurrencies (since 3 September 2017) and stocks (since April 2018) are traded as real assets*. Commodities, indices and currencies are traded using CFDs.

*Please note: All trades performed by clients of eToro Australia under Australian Securities and Investments Commission (ASIC) regulation are executed as CFDs, with no ownership of the underlying assets. In addition, all stock trades made on the Milan Stock Exchange (Borsa Italiana), Helsinki Stock Exchange, Copenhagen Stock Exchange and Oslo Stock Exchange are executed as CFDs, regardless of the account regulation. All stock trades opened by users resident in the following countries are only available as CFDs: Afghanistan, Angola, Australia, Belarus, Congo Republic, Côte d'Ivoire, Democratic Republic of the Congo, Iraq, Liberia, Libya, Myanmar, North Macedonia, Nauru, New Zealand, Nigeria, Sierra Leone, Zimbabwe.