Trading and Investing platform eToro teams up with the London Stock Exchange to offer eToro users access to over 1,000 additional UK stocks
25 July 2024: Trading and investing platform eToro is adding more than 1,000 UK stocks to the platform after enhancing its access to London Stock Exchange market data. eToro users will also now have access to higher quality data supporting them to make informed investment decisions.
The collaboration provides eToro’s global users with much better access to the London Stock Exchange’s breadth of stocks, enabling them to trade smaller stocks alongside the 400-plus UK companies they already have access to. The additional stocks will be added to the platform in a phased approach over the coming months.
The addition of far more UK stocks is the latest example of eToro’s focus on localising its offering across key markets, with the company launching its first tax wrapper product in the UK last year. This March, eToro also began a gradual rollout allowing users in the UK and the EU to invest directly from their GBP/EUR eToro Money accounts.
As well as giving users access to data on many more stocks, the deal with the London Stock Exchange will also see eToro users benefit from higher quality pricing data, enhancing the trading experience on the platform.
Commenting on the news, Yossi Brandes, VP of Execution Services at eToro, said: “Our vision as a business is to open up global markets so that people can invest and trade in a simple and transparent way. Our new relationship with the London Stock Exchange aligns with this goal perfectly and will enrich the equity investing experience for eToro users, with more than twice as many UK stocks soon to be on offer.
“This relationship is just one example of our focus on enhancing the trading and investing experience on eToro by ensuring our offering meets our users’ global and local needs. Stay tuned as we have lots more exciting news to come.”
Data from eToro’s latest Retail Investor Beat, based on a survey of 10,000 retail investors across 12 countries, reveals that the UK is the third most popular region in terms of exposure in the portfolios of retail investors globally. Around one in six (16%) hold UK equities, after Europe (51%) and the US (35%).
Geoff Hammond, Head of Market Data, London Stock Exchange, said: “We are delighted that eToro has chosen London Stock Exchange data to power their trading and investing platform, delivering better outcomes for eToro users looking to invest in UK-listed companies. We continue to invest in our market data products to ensure investors have access to the best information available when investing in our markets.”