Min. deposit
200$
Min. price
50$
Website address
https://www.etoro.com/
Profitability
*
Demo account
Yes
Currency
Supported languages

* “The amount that will be credited to the account in the case of a successful deal
https://www.etoro.com/
General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

A huge number of companies providing their clients access to the world financial markets significantly complicate the choice of a trading platform, which will enable to receive high and stable profits. The given problem is actual not only for beginning traders, but also for their more experienced colleagues. Another factor that everyone who is involved in online trading should remember is the presence of various fraudulent schemes on the World Wide Web. They provide an opportunity to deceive traders, regardless of their work experience, the level of theoretical training or other parameters that allow to distinguish decent brokers from scammers. Special interest of traders is evoked by the trading platform Etoro, which has been providing services for more than 10 years, and today has about 6 million users from 140 countries from all over the world.

Main features of Etoro

eToro is, first of all, the international Forex broker that uses advanced technology for copying trades of the most successful traders. This is a unique platform that provides the best conditions for social trading with indices, foreign currencies, shares of well-known companies and raw materials. Choosing among brokers with sufficient experience of activity in the Forex market, you should pay your attention to eToro.

New generation Forex social trading, make money with friends

eToro – revolutionary social forex trading broker

Currently, the number of active users of eToro is about 4 million from different parts of the world. This service is very popular, because of the proposed conditions for trading, which, in fact, are really unique and which attracts more and more traders every day. Actually, eToro is concentrated at the retail segment of the Forex market.

This broker refers to a social investment network, which gives a unique opportunity for traders to make transactions and communicate with each other using the eToro OpenBook application. In fact, using this internal app, you become the “subscriber” of the trader you like, regardless of whether he is your friend or any other trader. EToro OpenBook provides an opportunity to monitor the work of chosen trader, thereby learning the basics and subtleties of his trade. Moreover, this platform includes an additional set of social functions for the productive communication of traders. In other words, you do not necessarily have to be an expert to trade successfully. So, all you need to do is go to the search page of traders, choose the most successful or liked and start copying its transactions “with one click” using the CopyTrader function.

Key indicators and trading conditions of Etoro

If you decide to register an account on a trading platform, before doing so, be sure to check the terms of work on the resource you are interested in. The main indicators of activity of Etoro are:

Founded – 2008

Regulated – NFA

The minimum deposit – $200

The minimum transaction – $50

Leverage – from 1:2 to 1:400

Spread – from 2 points

Recharge methods – Credit card; PayPal; Skrill; NETELLER; WebMoney; Yandex money; UnionPay; Bank transfer; Promotional code.

Assets – raw materials, stocks, indices, currencies

Applications – mobile, tablets

Trading platforms – WebTrader.

Account currencies are American dollars.

There is a bonus for registration.

There are pages in social networks.

Well-known partners – Sberbank, Barclays, Commerzbank, Ping An, Spark Capital.

 

How to withdraw money or replenish an account with Etoro

In order to deposit money for the deposit or withdraw the earned financial means, there are provided:

• Visa and MasterCard (plastic cards).
• Bank transfer.
• Webmoney.
• Neteller.
• Giropay.
• Skrill.
• PayPal.
• Wirecard.
• Yandex Money.
• China Union Pay.

Where to invest

In order for the work on the Etoro trading floor to bring profit, the broker offers the following types of transactions and financial assets: CFD, currency pairs, indices, precious metals, commodities and military-technical cooperation.

In the section “Traders” filters for finding the right trader are placed, so that you will be able to find suitable treder according to chosen profitability, drawdowns, aggressiveness and other parameters you specify. Having copied the transactions of the selected trader, you, therefore, instruct the system to repeat all of his actions. So, you eventually, will earn the same percentage of the transactions as a chosen trader. And the main thing in this is that you can stop copying the actions of the trader at any time.

Control of activities and licensing of the broker

The company in question is registered in Cyprus, where it has a head office, and its work is controlled by CySEC (Cyprus Commission on Exchanges and Securities). In the UK, the broker received all the documents required by the Financial Supervision Authority (FCA), necessary for work in Europe. These organizations confirm the fact that Etoro is a reliable and sustainable, financially, a company.

Clients of the broker can’t worry about the safety of their deposits: they are stored in separate accounts in reliable banks. If you decide to leave the trading platform, you will receive timely and full refund of financial resources, after agreeing all organizational issues with broker representatives.

Training

Everyone is given the choice to make deals independently or to copy the actions of the selected trader. In cases where you are interested in independent trading, use the WebTrader 2.0 platform and do not invest in other traders. If you decided trading on your own, you will be available to use instruments from the following categories: exchange-traded funds, commodity markets, stocks, indices and currencies.

In addition to theoretical knowledge, users of the trading platform can be trained using the demo account on Etoro, with a balance of 100 thousand virtual dollars. This service allows you to check how the trading platform works and make sure that all the declared features of the web resource are not advertising, but the actual performance indicators of Etoro.

How to get started on the platform

Start trading with eToro is very simple:

• Firstly, you are going through free fast registration and create own account.

• Then, you need to refill the account for the amount of 50 to 1000 USD – the sum depends on the country and the requirements of local legislation (we hasten to note that for unverified users of eToro, the total amount of replenishment of the account can not exceed $ 2,250).

• In the section “personal cabinet” choose a real or virtual portfolio, as well as financial funds for personal investment, or copy transactions of other traders.

All trading accounts on eToro can be opened only in US dollars. Therefore, when making a transfer in other currency, the amount is converted at the current market rate to USD. It is important to remember that commission is always charged for every currency conversion.

The site also has an extensive database of studying materials, analytics and even an online course of trading. In general, there is more than enough information for a trader of any level. A convenient and intuitive interface makes all the proposed features of the site easy in use.

eToro offers an advantageous option for large investors as a portfolio “CopyFunds”. This portfolio can include at the same time financial markets and successful traders. Since the portfolio is composed of reliable and most profitable assets and traders, its owner can be sure of its profitability. In fact, you simply invest funds, and the company’s specialists independently diversify all the risks, doing independently all the trading process.

eToro – an ideal investment option for everyone!

If you are an experienced player then invest independently promoting your own trading strategy, and if you are new or unsure of your own abilities – copy successful traders and get a profit right now!

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ETORO social forex, cfd and cryptocurrency trading platform
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General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

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