eToro Pros & Cons: My Honest In-Depth Review

[@SmartMoneywithKai]

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[@katsaplias2003]

What is your opinion about bitcoin ETFs (ETN) ,like VBTC or WBTC , Kai ?

[@SmartMoneywithKai]

If you don't want to hold BTC directly, those could be great options. Though I find them too expensive, plus I prefer owning the actual asset, that way I can use it, move it, earn interest on it as I do now. Just full flexibility which I much prefer vs an ETF. Cheers

[@KingOfShallots]

The only reason to use etoro is if ure European and want to invest in US etfs.. Only available in CFDs sadly.

[@SmartMoneywithKai]

Hi and yes, that is yet another reason though I would not suggest to buy US ETF's as European, better to go with UCITS version to avoid things like US estate tax👌

[@lukeditrana5722]

So it is fact that if you have invested in a US ETF with no leverage, you don’t own the asset and it is indeed a CFD?? People are saying that if it’s not leveraged, you do own it?

[@SmartMoneywithKai]

@ No from Europe you cannot own the US ETF it’s still gonna be a CFD. But a UCITS ETF without leverage you will own the real deal 👌

[@MarcoSilva-b2n]

10:06 10:13 Hi, kai I am from Portugal. I use many brokers just like you, I always invest in US dollars, I use Freedom24 to buy my American etfs, this broaker doesn't have CFD, we are also can not buy share fraction. I really like. Have a great time, see you.

[@lukeditrana5722]

@@SmartMoneywithKai Thanks very much - I can see over the past year the UCITS ETF's are trading similar to the US counterparts which is good!

[@boetvanolphen]

Hi Kai, I noticed you are invested in CNDX.L and not QQQ. What are the cons of trading in CFD in your opinion? Thanks in advance!

[@SmartMoneywithKai]

Hi mate. Great question. I prefer CNDX.L because it’s a physical ETF listed on the London Stock Exchange, making it tax-efficient and straightforward for long-term investing, especially for investors outside the US. On the other hand, CFDs are better suited for short-term trading due to leverage and the flexibility to go both long and short. The downside of CFDs, in my opinion, is the cost-there are overnight fees, spreads, and potential tax implications depending on your country. Plus, CFDs don’t offer ownership of the underlying asset, so you miss out on dividends. Cheers

[@AlejandroGarcia_O]

​@@SmartMoneywithKaiI have been using etoro for quite some time and even if you own an ETF as a CFD you still receive your dividends. For example with SCHD as a CFD, you get your dividends. There is no downside. 👍

[@AlejandroGarcia_O]

I have been using etoro for quite some time and even if you own an ETF as a CFD you still receive your dividends. For example with SCHD as a CFD you still receive your dividends as if you'd own the actual ETF. So there is no downside 👍

[@boetvanolphen]

​@@AlejandroGarcia_Ocorrect, I did switch from SCHD + SCHG to SXR8.DE though, for the sake of owning the actual asset. Feels more secure imo

[@SmartMoneywithKai]

@@AlejandroGarcia_O Ok, nice to hear that, thanks for sharing, didn't know as I never bought a CFD before. Cheers