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I think investing requires a more balanced approach than simply looking for the fastest growing shares. The Iran war, higher energy prices, persistent inflation and rapid investment in artificial intelligence are changing the global economy at the same time. This creates opportunities in technology, energy, defence and infrastructure, but it also increases the risk of sharp market corrections.
For me, diversification is particularly important. I would rather spread money across different assets and sectors than rely entirely on one AI stock, commodity or economic theme.
There is no single investment that is suitable for everyone. In September 2026, areas I would research include diversified stock market funds, profitable AI companies, energy and infrastructure businesses, bonds and interest paying cash accounts. The right balance depends on how much risk I am prepared to take and how long I intend to invest.
Despite geopolitical uncertainty, US equities have remained relatively strong. The S&P 500 was up about 11% for 2026 as of 10 September, with SPY moving from roughly $681.92 at the end of 2025 to around $757.88, and it had gained more than 16% over the previous year. However, recent weakness in technology shares and higher oil prices show why I would not assume recent performance will automatically continue. For example, the index still traded through a sharp spring drawdown of more than 7% before recovering, a reminder that even a strong year rarely moves in a straight line.
The Iran war has become one of the biggest investment risks in 2026. Fighting and attacks on energy infrastructure have disrupted Middle Eastern oil supplies and important shipping routes. Brent crude pushed as high as around $97 a barrel in early September following strikes on Kuwait, and briefly traded near $108 later in the month after attacks on Saudi infrastructure and the Fujairah hub in the UAE, before slipping back below $105 as Gulf states pursued talks with Iran over safe passage through the Strait of Hormuz. That kind of swing, up nine percent in a week and then giving some of it back within days, is exactly the sort of volatility I try to plan around rather than react to.
The IMF expects global economic growth of about 3.0% in 2026 and 3.4% in 2027. The World Bank is more cautious, forecasting approximately 2.5% growth in 2026. Both outlooks highlight the effect of higher energy costs and geopolitical uncertainty, while also recognising that AI investment is supporting parts of the global economy. The International Energy Agency has gone further, warning that global oil demand could contract by as much as 2.5 million barrels a day in 2026 if higher prices and tighter supply keep weighing on consumption, which for me is a sign that energy markets are still far from settled.
I therefore see the current market as a competition between two major forces. War and expensive energy are putting pressure on consumers, businesses and interest rates, while artificial intelligence is creating unusually strong investment in chips, cloud computing, data centres and software.
US markets remain one of the first places I would look for long term investments because they provide access to many of the world's largest technology, financial, healthcare and consumer businesses. However, valuations matter more after several years of strong technology sector gains.
The S&P 500 was around 7,592 on 10 September 2026 and had returned approximately 11% since the beginning of the year, with dividends pushing the total return slightly higher again. Its five year annualised price return was around 11.2% to the end of August 2026, although past returns do not guarantee future performance.
I would therefore avoid buying shares simply because they have recently risen. Earnings growth, cash flow, debt, valuation and future demand are more important to me than short term technical buy points. A good example is how quickly sentiment shifted this spring, when a broad market pullback of more than seven percent reminded me that momentum can reverse fast when energy or geopolitical headlines change.
Artificial intelligence remains one of the largest investment themes in the market. Companies are spending hundreds of billions of dollars on chips, data centres, electricity, networking equipment and AI software. Nvidia, Microsoft, Alphabet and Palantir are among the companies I would watch, although their strong growth can also result in demanding valuations.
Nvidia has remained central to the AI infrastructure boom. For its fiscal second quarter of 2027, Nvidia reported revenue of approximately $96.2 billion, an increase of 106% from the previous year. Data Centre revenue reached about $89 billion, up 117% year on year.
Those numbers demonstrate the extraordinary demand for AI computing, particularly Nvidia's Blackwell architecture. However, I would also consider the risks. Expectations surrounding Nvidia are extremely high, competition is increasing and restrictions on sales to China continue to affect parts of the business.
For me, Nvidia represents both the potential and the risk of AI investing. Enormous revenue growth can justify a higher valuation, but a slowdown in AI infrastructure spending could cause the market to reassess that valuation quickly.
Microsoft is another company I consider when looking at AI because it combines artificial intelligence with an already profitable cloud and software business.
For the quarter ending June 2026, Microsoft reported revenue of $90 billion, up 18% year on year, while net income reached $35.8 billion. For the full 2026 financial year, revenue reached approximately $331.8 billion, also up 18%.
Microsoft Cloud generated about $214.4 billion during the financial year. I see this diversification as an advantage because Microsoft is not dependent on one AI product. It earns money from Azure, Microsoft 365, cybersecurity, enterprise software, gaming and other services.
The risk is that AI infrastructure is extremely expensive. Investors therefore need to consider whether future AI revenue will justify the enormous amounts being spent on data centres and computing capacity.
Alphabet has also become one of the companies I watch most closely for AI exposure. Its business combines Google Search, YouTube, advertising, cloud computing and its Gemini AI ecosystem.
Alphabet reported second quarter 2026 revenue of $119.8 billion, up 24% on 2025. Google Cloud revenue was up 82% (incredible) to around $24.8 billion, while Google Services generated approximately a reported $94.5 billion.
The company has also substantially increased investment in AI infrastructure, with planned 2026 capital expenditure of approximately $195 billion to $205 billion. This creates the potential for further growth but also increases the pressure on Alphabet to generate adequate returns from its AI spending.
I would therefore look beyond Google's share price momentum and concentrate on whether Cloud, Gemini and AI enhanced Search can continue generating profitable growth.
Palantir is one of the more aggressive AI growth investments I would watch. Unlike Microsoft and Alphabet, it is considerably more concentrated around software, data analytics, government contracts and artificial intelligence platforms.
Palantir reported second quarter 2026 revenue of approximately $1.94 billion, an increase of 93% year on year. US commercial revenue grew 149% to $764 million, while US government revenue increased 90% to approximately $809 million.
The company also raised its full year 2026 revenue guidance to around $8.15 billion. These growth rates are exceptional, but this is exactly why valuation risk matters to me. When investors already expect extremely rapid growth, even strong results can disappoint if future growth slows.
I would view Palantir as a higher risk growth investment rather than treating it in the same way as a diversified index fund.
The AI boom is creating extraordinary revenue growth, but I do not think investors should ignore the risks. Technology companies are spending enormous amounts on GPUs, power generation and data centres, while some of that investment is increasingly being financed through borrowing.
In 2026, companies including Alphabet, Amazon, Meta, Microsoft and Oracle have issued large amounts of debt partly to fund AI infrastructure. This means higher interest rates can become increasingly important for the sector.
There is also uncertainty about how quickly businesses will earn sufficient returns from generative AI. If expected profits arrive more slowly than investors currently anticipate, highly valued AI shares could fall even while the underlying companies continue growing.
I am also watching the private technology market because several major AI companies could eventually become publicly traded investments.
OpenAI had been widely discussed as a potential IPO candidate, but Sam Altman said in September 2026 that the company would not go public during 2026. A future listing remains possible, but timing is uncertain.
Anthropic is another company being closely watched. Reports in September suggested it was preparing for a possible IPO, although valuation, timing and final terms can still change significantly before any shares become available to ordinary investors.
Databricks is also a major potential future IPO candidate. It raised approximately $5 billion in August 2026 at a valuation of around $190 billion. The company reported an annualised revenue run rate of approximately $7 billion and revenue growth of more than 80%, but it has continued raising money privately rather than rushing to the stock market.
SpaceX is another private company that regularly attracts IPO speculation because of Starlink and its rapidly expanding space and defence businesses. However, until a company formally files for an IPO, I treat suggested listing dates and valuations as speculation rather than guaranteed investment opportunities.
I would be particularly careful with highly anticipated IPOs. A well known company can still be a poor investment if its shares are sold at an excessive valuation. Newly listed companies can also be extremely volatile because there is limited public trading history and early investors may eventually sell their holdings.
For that reason, I would focus on revenue, profitability, cash flow and valuation rather than buying an IPO simply because the company is associated with AI.
The Iran war has made energy another important investment theme. Brent crude has swung between roughly $84 and $108 a barrel over the course of the conflict in 2026, with attacks on Saudi energy infrastructure, the Fujairah hub and shipping through the Strait of Hormuz repeatedly driving supply concerns higher, only for prices to ease when diplomatic talks resumed.
Higher oil prices can support the profits of large producers, but I would not assume that every energy company benefits equally. Refiners, airlines, transport businesses and industrial companies can face higher costs, while a ceasefire or recovery in Middle Eastern production could cause oil prices to fall rapidly. Iraq, for instance, cut output by around 1.5 million barrels a day at one point during the conflict due to storage limits and blocked exports, which shows how quickly regional supply can shift.
Energy exposure can therefore provide diversification, but it also comes with substantial geopolitical and commodity price risk.
Higher military spending has also increased investor interest in defence, aerospace and satellite businesses. The Iran conflict, the war in Ukraine and growing competition between major powers have increased government demand for missiles, drones, satellites, cybersecurity and intelligence technology.
Companies connected to AI and defence can benefit from this trend. Palantir, for example, generates substantial revenue from government customers, with US government revenue up 90% to approximately $809 million in its most recent quarter, while private businesses such as SpaceX have become increasingly important providers of satellite and communications infrastructure.
However, defence shares can become expensive when geopolitical tensions are already fully reflected in their valuations, so I would still consider price rather than investing purely because defence spending is rising.
I think cash remains more attractive than it was during the near zero interest rate period. The effective US federal funds rate was approximately 3.63% in early September 2026, meaning savings accounts and money market products can still provide meaningful interest without the volatility of shares.
The disadvantage is that inflation can reduce the real value of those returns. Cash can therefore be useful for short term needs and emergency funds, but I would not normally rely exclusively on cash for long term wealth creation.
If I did not want to analyse companies such as Nvidia, Microsoft, Alphabet or Palantir individually, I would consider a diversified index fund or ETF instead.
An S&P 500 fund spreads money across hundreds of major US companies, while a global equity ETF can provide exposure to thousands of companies across different countries and industries.
This reduces the risk of one company's earnings disappointment destroying a large proportion of my portfolio, although index funds can still fall substantially during recessions or financial crises. The spring pullback of more than seven percent earlier this year is a small scale example of how quickly a diversified index can still lose value in a difficult stretch.
Bonds have also become more relevant because yields are significantly higher than they were during much of the 2010s. Bond funds can provide income and diversification, particularly for investors who do not want all of their capital exposed to equities.
However, bonds are not risk free. Their prices can fall when interest rates rise, while lower quality corporate bonds carry default risk. In the current environment I would pay particular attention to inflation because higher oil prices caused by the Iran war could keep interest rates higher for longer.
Dividend shares can be useful when I want a combination of income and potential capital growth. Established businesses in sectors such as healthcare, consumer goods, banking, utilities and energy often return some of their profits to shareholders through dividends.
However, I would never consider a dividend guaranteed. Companies can reduce or suspend payments if earnings deteriorate, and a very high dividend yield can sometimes indicate that investors expect problems ahead.
Target date funds remain useful for investors who prefer a more automated approach. They normally combine shares and bonds and gradually reduce investment risk as the selected retirement date approaches.
I find this approach useful for long term retirement investing because portfolio rebalancing happens automatically, although costs and asset allocation still need to be checked.
Robo advisors can provide another straightforward way of creating a diversified portfolio. After assessing risk tolerance and investment objectives, the service normally allocates money between ETFs, bonds and other investments and then rebalances the portfolio automatically.
The main advantages are simplicity and diversification, although investors should still understand the fees and underlying assets being purchased.
For money I could not afford to lose, fixed term savings products or insured certificates of deposit can be more appropriate than shares. They generally provide a known rate of interest without normal stock market volatility.
The principal risk is inflation. If my savings earn 4% while prices rise by 5%, my purchasing power is still falling even though the account balance increases.
I think the investment environment in 2026 offers significant opportunities, but it is also more complicated than simply buying whichever technology stock has risen the fastest. The Iran war has pushed oil prices past $100 a barrel at times, inflation remains a concern and interest rates could remain higher than investors previously expected.
At the same time, artificial intelligence is producing extraordinary growth. Nvidia reported quarterly revenue growth of 106%, Palantir 93%, Alphabet 24% and Microsoft 18% in their latest reported quarters. These numbers explain why AI remains a major investment theme, but they do not remove valuation risk.
For long term investing, I would personally focus on diversification rather than trying to predict one winning company. A portfolio combining broad stock market exposure with selected growth shares, bonds and cash can reduce dependence on any single outcome involving AI, interest rates or the Iran war.
Historically, major US equities have produced strong long term returns, but those returns have included recessions, wars and substantial market crashes. For me, that is why time in the market, diversification and controlling risk remain more important than trying to identify a perfect moment to invest.
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Compare Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
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IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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SpreadEx
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EasyMarkets
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FXPro
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| Regulation | International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd | RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France | FCA (Financial Conduct Authority reference 522157) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority) | Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (SD 130) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 | Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
| Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | No minimum deposit | 25 | 100 |
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| Used By | 200,000+ | 730,000+ | 40,000,000+ | 2,000,000+ | 15,000,000+ | 830,000+ | 400,000+ | 200,000+ | 60,000+ | 250,000+ | 11,200,000+ |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 52% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 57% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 62% of retail CFD accounts lose money | 76% of retail investor accounts lose money when trading CFDs with this provider. | 74% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
SpreadEx Demo |
easyMarkets Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, TR | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, CA, IR |
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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. 52% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here.
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.
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Losses can exceed deposits