During this review, I’ll reveal the detailed facts about eToro from own perspective, as a professional trader. This analysis will provide you with a clear picture when deciding which broker to trader with.
Background
eToro was founded in 2007, and are now one of the largest investment networks in the industry. They thrive off delivering a rewarding trading experience for all of their clients. Etoro currently has over 1,5 million clients circulated in more than 140 countries.
Social Network
eToro main unique selling proposition, is based on the social network concept for trading, where traders and communicate and learn from other individuals with a various level of trading knowledge, unique trading styles and skill sets. The community is very diverse, which allows interaction via their web based platform.
You have the opportunity to trade using your own account, or if you are new, lacking confidence or you dont have a trading plan, then there is a Copy Trader system which allows you to select which trader you will like to copy based on their previous results. This takes the guess work out of trading and place the responsibility on an experienced trader.
Trading Features
Learn all about eToro’s trading features & terms
General Features
Minimum transaction size after leverage 1,000 Units (USD) Minimum deposit US $50 Leverage ratio 1:2, 1:5, 1:10, 1:25, 1:50, 1:100, 1:200, 1:400 Spreads From 2 pips (more)
Quotes on all major currencies All major currencies Full leverage on funds Enabling total use of funds for leverage, no extra collateral
Charges & Commissions
Commission free deposits Yes Commission free trading Yes Withdrawal commission fee Yes Islamic account terms Yes Deposit facilities: Western Union Yes
Support Tools
Online chat Yes Guided tutorials Yes Live training Yes (phone) Real accounts Yes Economic news / charts / technical analysis Yes
Withdrawals & Deposits
Fund withdrawals to credit-card account Yes Deposit method: PayPal Yes Deposit facilities: bank transfers Yes Deposit facilities: credit card (MasterCard) Yes Deposit facilities: credit card (Visa) Yes
Currencies and Margins
Maintenance margin No Accepted Currencies for Deposits USD/EUR/GBP Base account currency USD
Trading Hours
Technical maintenance During Sundays when the market is closed Regular trading hours Sundays 10PM(GMT) until Fridays 9PM(GMT) (more) Customer access 24/7
User interface
Ease of Use Simple & friendly interface Customer Support Through email, phone or chat Online Trading (independent, no need for a Dealer) Yes Registration form Easy; in various languages Account control by user Full; real-time; direct Total Transparency: phone contact with site personnel Yes Trading site access 365 days a year Yes Customer Support languages Arabic; Chinese; English; French; German; Italian; Russian; Spanish Website languages Arabic; Chinese; Korean; Dutch; English; Finnish; French; German; Greek; Italian; Japanese; Norwegian; Portuguese; Russian; Spanish; Swedish; Turkish; Hungarian
If you open a free account by using the below link, I’ll send you an informative audio interview, which I conducted with a beneficial traders coach. The details revealed challenging interview could help you in understanding how to overcome losses, self sabotage, coping with drawdowns made a consistent profitable plan, in order to name some. Normal value $97. You furthermore mght will receive FREE having access to my live trading room webinar, that may enable for your requirements to put on a better understanding regarding how the fx market works. Normal value $297.
Furthermore may will receive FREE access to my live trading room webinar, which is able to enable to you personally to gain a better understanding regarding how the fx market works. Normal value $297. Without this sound foundation, a big percentage of traders struggle to make profits permanent. This can be a MUST for brand spanking new traders, and people who have been trading for a while, nevertheless for no reason cannot make consistent gains.
Action Action+Education= Success
If you would like to open an account and receive the Free bonuses, first Click here to open an account