Brokers compatible with the NOVA

Scope

EU / ESMA if the client operates with eToro (Europe) Ltd, regulated by CySEC.

Ideal for

Basic users looking for a simple, visual, multi-asset platform, useful for ETFs, gold, stocks and thematic/copy portfolios.

Pros

• Good multi-asset experience; very user friendly
• Useful for those who want to trade ETFs, gold and investment instruments with an immediate interface
• Strong on copy trading; interesting for thematic portfolios / Smart Portfolios

To consider

• The simplicity comes with a fee structure to take into account; costs can generally be higher than on more technical, articulated platforms
• For EU retail clients, leverage on CFDs is reduced

Scope

EU / ESMA if the client opens with AVA Trade EU Ltd, regulated by the Central Bank of Ireland and MiFID-compliant.

Ideal for

Users starting from scratch or close to it, who want to learn to trade on their own with a regulated broker.

Pros

• Strong educational component; academy and training content
• Good perception of protection and guarantees
• Suitable for those who want to build a solid foundation in a regulated context

To consider

• Requires a bit more technical skill than eToro, as it is more oriented towards direct trading
• Within the EU, ESMA limits on leverage and CFDs still apply