The value of your investments may go up or down. Your capital is at risk. Tax treatment depends on your individual circumstances.

The Benefits of eToro Stocks and Shares ISA has announced a partnership with Moneyfarm to offer a stocks and shares ISA, in addition to its existing trading and investment products. Those who choose to open the new service will be able to manage their Moneyfarm ISA alongside their standard eToro portfolio, with both accounts displayed on a single user interface. This new ISA product is aimed at those seeking professional management, with the company’s Moneyfarm team taking care of the investment decisions.

Those looking to trade a broader range of assets will also benefit from the move, with the ability to invest in more UK companies through the new product. These include those listed on the FTSE 100, which includes firms like pharmaceutical company Astra Zeneca and Unilever, which owns brands such as Dove and Persil. In addition, eToro’s deal with the London Stock Exchange will now see users get access to pricing data for many more stocks.

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Unlike some rivals, eToro does not charge for management or platform fees and offers zero commission on long, non-leveraged stock and ETF trades. However, it does have relatively high spreads and overnight FX charges. This can add up, especially for those trading small amounts. It is worth bearing these fees in mind when comparing the cost of an eToro ISA with those offered by other providers.