User-Friendly Platform Educational Resources Social Trading Features
Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Nick Zelver Fact checked by Nick Zelver
Updated Feb, 2024

Prelude

Silver, a key industrial metal, sees its value fluctuate more than gold, largely influenced by the demands of new technological advancements. Its extensive use in electrical appliances, industrial equipment, medical products, microcircuits, batteries, and superconductors ensures silver's continued high market value.

This valuable metal is also available for trading on eToro's platform. For more detailed insights, including my personal experiences, be sure to read through this guide.

Trade Silver!

76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

Trading Silver via CFD

When trading silver on eToro, you're engaging in CFDs (Contracts for Difference) rather than owning the physical metal. The allure of CFD trading lies in its ability to speculate on market movements without the need for physical possession.

 

Why I Prefer Trading Silver with This Broker?

Having traded silver on this platform multiple times, I've observed several benefits:

  • User-friendly interface: Regardless if I'm using the app or the website, the interface is intuitive and easy to navigate.
  • Flexible trading schedule: I'm able to trade whenever it suits me.
  • No transaction fees on commodity trades: This makes trading more cost-effective.
  • Leverage opportunities: Allows for larger positions with a smaller investment, enhancing potential profits.

 

The Silver Asset Page on eToro

Upon accessing the Silver asset page on the platform, you'll land on the Overview section. This default view includes several elements:

  • Graph: Displays the asset's performance over time.
  • About: Provides brief information about Silver.
  • Latest News: Offers the most recent news related to Silver, sourced from CityFALCON.
  • People Also Bought: Shows other eToro commodities popular among traders.
  • Copy Investors: Lists top traders investing in Silver. You can easily start copying a trader's strategy by clicking the "Copy" button, which redirects to the copy trading window.
  • Discussions: Here, traders engage in conversations about Silver. You can filter to view top or all discussions and interact by liking, commenting, or sharing posts.
eToro Silver trading page
eToro Silver trading page

 

Tools for Trading Silver

eToro's platform includes several useful tools for trading Silver:

  • Chart: Offers a live chart for Silver, adjustable from 1 minute to 1-week intervals.
  • News: Keeps you updated with the latest commodity news, powered by CityFALCON. It also indicates the news mood (positive, negative, or neutral) and features a Sentiment Trends section, quantifying the news sentiment over a 30-day period with daily sentiment averages and top stories.

 

Trading Silver on eToro

Want to how do I invest in Silver on eToro? To trade this commodity, search for the asset, select "BUY" or "SELL," enter your investment amount, set your trade preferences, and execute the trade.

Buying Silver on eToro
Buying Silver on eToro

 

Applicable Fees

You may incur an overnight fee for trading this asset if you decide to keep it open overnight. But what are the overnight fees on silver on eToro? The exact amount can vary depending on market conditions and is charged per unit per night for both buy and sell positions.

 

Endgame!

That concludes my guide on trading Silver with eToro, available through both their web-based platform and mobile app. Remember to apply these insights wisely on your online trading journey.

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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76% of retail investor accounts lose money