eToro Forex Broker Adds LSE Shares
Through a new partnership with the London Stock Exchange, eToro has significantly increased its UK stock options, now providing investors with over 1,000 new options.
Forex broker eToro is set to upgrade its trading platform by significantly expanding its UK share offering. In a major move, forex broker eToro has partnered with the London Stock Exchange (LSEG)to add over 1,000 new UK stocks, giving users access to more equity and market data.
The addition of new shareswill be introduced gradually over the next few months, marking a new chapter in the copy trading broker's commitment to provide localized and comprehensive trading solutions. With this expansion, eToro will double the number of UK shares available on its platform, a particularly exciting development for UK retail investors.
According to eToro's latest data, UK-listed equities are the second most popular asset class among UK retail investors, trailing only behind cash. 22% of these investors believe that the UK market offers the best long-term returns, even outperforming major markets such as the US and emerging markets.
Dan Moczulski, UK Managing Director of eToro, expressed his excitement about the partnership: “We have been part of the UK retail investor community for over a decade. This partnership with the London Stock Exchange allows us to significantly improve the equity investment experience for our users. We are very pleased to deepen our coverage in the local market.”
Geoff Hammond, Head of Market Data at LSEG, also shared his enthusiasm: “eToro's decision to integrate our data into their platform will provide superior market insight to its users. Our commitment to high-quality market data ensures that investors have the best information at their fingertips.”
This forex broker news underscores eToro's mission to offer a more customized and localized trading experience, strengthening its position as the leading social trading broker strong> globally.