19.09.2024
Mirjan Hipolito
Cryptocurrency and stock expert
19.09.2024

Broker eToro launched a new ETF screener

Broker eToro launched a new ETF screener Broker eToro launched a new ETF screener

In a move aimed at simplifying the investment process for its users, eToro, a leading global social trading and investment platform, has introduced a new exchange-traded fund (ETF) screener. 

This tool is designed to help users more easily discover and evaluate ETFs, providing greater transparency and flexibility in their investment decisions. The introduction of the ETF screener aligns with eToro’s broader mission of democratizing financial markets by offering accessible and intuitive tools for retail investors.

According to FNG, the new ETF screener is an addition to eToro’s suite of investment tools and features, enabling users to sift through a wide range of ETFs based on various criteria. Investors can filter ETFs according to parameters such as asset class, UCITS ETFs, dividend yield and geographical focus. By offering customizable filters, eToro aims to provide its users with a more streamlined way of identifying ETFs that align with their financial goals and risk tolerance.

ETFs continue to grow in popularity among retail investors, who favor their low costs, diversification, and flexibility. With more than 7,000 ETFs available worldwide, the screener is intended to simplify the process of finding suitable investment options, particularly for newer investors who may be overwhelmed by the sheer volume of choices.

eToro’s move to introduce the ETF screener is part of a broader industry trend toward providing retail investors with sophisticated yet user-friendly tools traditionally reserved for professional investors. The platform is well-known for its commitment to making investing accessible through features like social trading, where users can follow and copy the portfolios of more experienced investors. The ETF screener enhances this mission by enabling users to make more informed and independent investment decisions.

With the introduction of the ETF screener, eToro is further solidifying its position as a leading platform for retail investors seeking comprehensive financial tools. As ETFs continue to attract investor interest due to their cost efficiency and diversification benefits, eToro’s latest feature is likely to attract even more users to the platform, particularly those looking to take control of their financial futures without the complexity of traditional investing platforms.

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