there is always spread in stocks and cfd... 0 commission for stocks means they didn't "artificially" increase the spread to include commission... do you have proof they did this?

I know what is a spread fee lah bro...

btw...the website you link me to says... "Since late 2019, eToro doesn’t have spread fees anymore, however, this only applies when you are buying unleveraged stocks.

so etoro is not misleading people lah like you were thinking...

I think maybe is you that misunderstood...lol

anyways, I no interest in etoro... ciao...

what it tells me is only this... current price or last done price is 1443.43... the current asking price is 1445.43... the bidding price is 1442.13... to me nothing wrong or unusual... willingly buyer /seller

I can only guess that the buy and sell button is for easy quick market buy and sell... but there "should" be a limit order somewhere you can enter your own price... a lot of platforms are like this... also I cannot imagine a platform without ability to enter limit orders...

to further check...if I take the mid price ± 0.09%... I don't get the bid/ask prices... if I take the current price and do the same... doesn't come back either

you should look at the level 2 DOM...should be quite evident if etoro is doing price spreading...where the spread is always constant or has a minimum gap beyond the min price for the instrument

btw... goog closed at 1451.12.... with a bid/ask spread of $6.79 that is much bigger than your example

This post has been edited by dwRK: Jun 18 2020, 07:51 PM

I'm sure... was waiting for our bro's reply... I think he needs to learn more about the platform and what the info means... he did say he's not totally familiar so I'm happy to help...

0.09% fee is actually quite reasonable also...some platform charges more...but their crypto fee is too much

looks like trading against their dealing desk... most likely liquidity crunch and they gave up and stop so they don't lose more money to you...lol

shit happens when losers can't balance out winners... sometimes you get deleveraged and closed out even when winning... happens on other cfd platforms too

iceheart mentioned that etoro's spread is negligible in earlier post... I reply that it's reasonable for stocks n etf, but etoro's fee for crypto is too much... it wasn't a reply directed at you

your case is thinking etoro is misleading and hiding a 0.09% fee somewhere in the spread whilst advertising zero fees... you look at the bid/ask/last done prices and see the spread is big and say aha...guilty!... I don't think they are but I also don't trade here so can't say for sure...if it goes through a dealing desk, the prices you see may likely be different from the exchange which could add to confusion

all the major brokers in the U.S. have moved to a zero commission model for U.S. stocks and etf... so etoro doing the same is no surprise

afaik... etoro has 2 "sections" ... "etoro stocks" and "etoro cfd"... if you trade stocks on "etoro stocks" which is not leveraged, it's zero commission... if you trade stocks on "etoro cfd" you pay 0.09% fee.

someone here said zero fee is applicable to etoro UK accounts only. if you open account here, it defaults to etoro Australia and cfd trading... however on etoro site... "Zero-commission means that no broker fee will be charged when opening or closing the position and does not apply to short or leveraged positions. Other fees may apply. Your capital is at risk. For clients of eToro AUS Capital Pty Ltd. AFSL 491139, only stocks traded on US stock exchanges are available to trade with no commission. Other stocks are offered as derivatives and bear commission." ...

you should have a detailed account page that will show all your trades and fees paid for each. anyways...you choose to believe they are cheating is fine by me too i'm not here to defend them...

This post has been edited by dwRK: Jun 20 2020, 10:21 PM