eToro Review
Company profile
Initially designed for the Forex market in 2007 in Israel, this broker company favoured beginner traders. Significant investments in development assisted in creating a convenient trading platform. The company’s customers were always actively discussing stock trading on various forums and social media, and since 2010 Etoro appointed itself as a social trading platform.
The CopyTraider system was the platforms best feature allowing to copy other traders transactions. While other broker companies had similar functionality, Etoro went further by creating a full-fledged social network for stock gamblers. Each trader had a message feed, the ability to leave comments and put likes — remarkably, the brokers were offered a convenient platform for sharing experiences.
Nowadays, eToro is a global online brokerage service that allows users to trade various financial instruments. Intuitive mobile platforms alongside social trading functions led to prosperity and worldwide recognition.
Platforms representatives claim that they have over five million users in more than 170 countries around the world, collectively operating 250,000 million transactions. eToro’s official website is available in 19 languages.
Trading instruments
Overlooking the number of trading instruments, eToro occupies a middle position between Forex dealers and stock market brokers. The company offers the following tools:
- opening brokers account for independent trade
- copying successful traders transactions
- free of commission for the cases when investors allow copying your own transactions free of commission
- trading and investment tools
- 150 assets in different sectors( shares in various companies, currency pairs, futures, futures contracts, crypto(Dash, Ripple, Bitcoin, Dash, Ripple, Litecoin, Ethereum, etc.), CFDs (contracts for difference in prices), indexes, metals, raw materials.
- Clients who have opened accounts with eToro are guaranteed daily analytical support (paid and free). The data is provided on the official website.
Additional features
- Easy trading with Forex via software(installation or download is not required. Trade directly from the browser through the official eToro website). Both IOS and Android-based mobile devices support free App with multi-functional charts and fast transactions execution.
- The world’s largest social network of traders operates under the slogan «Grab a bull by the horns».
- A 100,000 virtual dollars demo account in eToro for trading on the stock exchange. It assists in developing trading skills risk-free, understanding the software and knowing how to invest with Forex. Available after enrollment.
- Easy top-up and withdrawal of funds available payment systems (PayPal, WebMoney, Yandex. Money, Neteller) and bank cards.
- $50 is a minimum amount available for deposit, and $100 for shares. At least $ 300 is required to create an investment portfolio and after authorization, deposits of up to $50 0000 are allowed.
- Technical support by phone, form on the official website, online chat, social media platforms.
Official website eToro
Open account
eToro is one of the largest currency trading companies operating currently on global financial markets. forex etoro was established in 2007, its headquarters are located in Limassol, Cyprus and broker etoro is a Cyprus licensed and registered investment company.