eToro Review

Overview

eToro is a social investment network. Their platform was designed for peoples without experience in Forex trading and because of this; it’s the best Forex trading platform for beginners. eToro… more

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Details

Broker eToro
Website URL
Founded 2007
Headquarters Limassol, Cyprus
Minimum 1st Deposit $50
Free Demo Account Open Demo
Regulated Yes
Regulation CySEC, FCA, MiFID , NFA , ASiC , CFTC
US Traders Allowed No
Overall Score

Full Review

eToro is a social investment network. Their platform was designed for peoples without experience in Forex trading and because of this; it’s the best Forex trading platform for beginners.

eToro Review – eToro is a social investment network. eToro’s brokering services in Europe are provided by RetailFX Ltd, In Asia Pacific, eToro’s brokering services are provided by IC Markets and In the USA the brokering services are supplied by FX Solutions.

Quick Facts

Founded in: 2007

Headquarters: Limassol, Cyprus

Minimum deposit = $50

Web Site = www.etoro.com

Regulation: CySEC, FCA, MiFID , NFA , ASiC , CFTC

Platforms: Desktop application, web, OpenBook and Mobile trader.

Payment: Credit Card, PayPal, Neteller / 1-Pay, MoneyBookers, WebMoney, GiroPay (Germany only), Wire Transfer, Western Union, MoneyGram

Major Benefits

Easy to use trading platform – the main advantage of eToro over other trading platforms is the simplicity of the trading platform. eToro suggest user friendly and easy to use trading platform that is ideal for beginners.

Free demo account – every new trader get $10,000 virtual account to practice with.

Ability to see, follow and copy the best traders – You can review the trading history and risk profile of the leading traders in eToro network and with click of a button copy their trades.

Support – eToro provides Live Customer Support Monday till Friday between 06:00 and 22:00 GMT. The support is available via online chat, phone and email.

Coupons / Gift Cardss – special coupons for trying eToro social investment network  available here.

Key Disadvantage

No MetaTrader software support.

eToro Review Summary

eToro is a young and innovative company. Their platform was designed for peoples without experience in Forex trading and because of this; it’s the best Forex trading platform for beginners.

Etoro leading the social trading and let traders interact with each other and use their interaction to deliver real benefits to their trading. On the bottom line it’s highly recommended to open demo account and try eToro platform

Proper Disclosure – I’m affiliate of eToro. On the review above I tried to provide details and facts. The considerations to choose affiliate programs are similar to choosing trading platform (reliable partner, ease of use, good reputation, good tools, good support…) here you can find info on eToro affiliate program.

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