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Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Nick Zelver Fact checked by Nick Zelver
Updated Feb, 2024

Intro

Investing in the Dow Jones Index, commonly known as DJ30, US30, or simply Dow, is a strategic way to monitor the pulse of Wall Street's equity performance. The Dow Jones Industrial Average Index comprises 30 prominent U.S. companies, representing a broad spectrum of American industry. Fortunately, eToro simplifies the process of investing in this index, offering an accessible platform for investors.

For those interested in diving deeper into investing in the Dow Jones Index with eToro, I've prepared a detailed guide. It includes my personal insights, which could be invaluable in navigating this captivating asset class. So, keep reading for more information.

Trade Dow Jones!

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 Dow Jones via CFDs

It's important to remember that trading the Dow Jones Index on eToro involves dealing with CFDs (Contracts for Difference), not direct stock exchange trades. The allure of CFD trading lies in its ability to enable speculative trading on index market movements, bypassing the complexities of traditional index trading.

 

Why I Prefer Trading Dow Jones on eToro

Having traded this asset on eToro on multiple occasions, I've identified several key benefits:

  • A user-friendly interface.
  • Flexibility to trade according to your schedule, including setting pre-orders outside of index hours.
  • Zero transaction fees on indices trades.
  • Leverage options allow for larger positions with smaller capital commitments. Note that leverage limits vary based on your country of residence.

 

Exploring the Dow Jones on eToro's Platform

When you visit the Dow Jones asset page on eToro, you're first greeted by the Overview section. This default area includes several key elements:

  • Graph: Displays the asset's performance through a basic graph, with a more detailed version available in another tab.
  • About: Provides a brief description of the index.
  • Latest News: Features up-to-date news related to Dow Jones, sourced from CityFALCON.
  • People Also Bought: Highlights other popular eToro indices that traders are investing in.
  • Copy Investors: Shows top-performing traders focused on this index. Clicking the "Copy" button next to a trader's name will direct you to their copy trading window.
  • Discussions: Here, you can engage in conversations with other traders about Dow Jones, filter discussions, and interact with posts similar to social media platforms like Facebook and Twitter.
eToro Dow Jones trading page
eToro Dow Jones trading page

 

Integrated Trading Tools on eToro

My experience with eToro revealed a seamless integration of trading tools within the platform, eliminating the need to switch between apps or screens. Key tools include:

  • Chart: An advanced live chart for Dow Jones, customizable from 1 minute to 1-week time gaps.
  • News: Current Dow Jones news powered by CityFALCON, complete with sentiment analysis indicating whether news is positive, negative, or neutral.

 

Sentiment Trends: This section quantifies the general mood around the index, displaying a 30-day average sentiment alongside daily sentiment averages and top stories.

 

Trading Process for Dow Jones on eToro

To trade this index, simply search for the Dow Jones asset, select "BUY" or "SELL," enter your investment amount, set your trading preferences, and execute the trade.

Buying Dow Jones on eToro
Buying Dow Jones on eToro

 

Navigating eToro for Dow Jones Investments

In summary, these insights should equip you to invest in the Dow Jones Index via eToro. Remember, these tips are applicable to both the web-based platform and the mobile app. Keep these pointers in mind, apply them judiciously, and enjoy your journey on this versatile trading platform!

 

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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