EToro Review – is EToro Scam or Legit Broker?

eToro

3.7

Rating

3.7/5

Pros

  • OpenBook
  • WebTrader
  • Mobile Trader
  • eToropedia is a useful educational resource

Cons

  • Dependent on the speed of your Internet Connection

A societal trading platform on very top of its own class. Stateoftheart applications, superb customer care and also a trading platform which isn’t just reliable, but in addition enjoyable make eToro a high choice if you are searching to get a Forex broker.

Overview/Background

eToro is before all else of all a societal investment system. Among many universe ‘s most revolutionary initiatives, eToro provides traders having a top-tier platform to trade CFDscurrencies, commodities, and even indices. The way trades are ran is immersive and engaging. Finally count, eToro sports that a trader base more than 4 million people across 140 nations. The profit of employing the eToro trading platform is the fact that it includes traders the tools to obtain the absolute most out of these trading actions. By copying and after different traders in actual time, traders in eToro can get a worldwide marketplace of opportunity at the click of a single button. EToro Ltd is governed by CySEC – the Cyprus Securities Exchange Commission with the subsequent license 109/10.

Account Types

There are several Special account kinds readily available at eToro such as the next:

  • Basic Level Account – Bronze Trading Account
  • Intermediate Level Account – Silver Trading Account
  • Advanced Level Account – Gold Trading Account
  • Professional Level Account – VIP Trading Account
  • Islamic Accounts – Trading using all the Riba Principle

As the financial value of this capital available for you increases, so too do the profits and features offered for you together with your own trading accounts. Like a VIP Trading Account holder, then you qualify for the deposit are slightly 20,000. Like a Bronze account-holder you qualify for the deposit has been under $1000.

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Trading Platform/Software

eToro is aimed towards easy gambling. The eToro trading platform is the one that is not difficult to browse through and utilize. You will find 3 exceptional trading platforms accessible in eToro, such as the next:

  • eToro OpenBook
  • eToro WebTrader
  • eToro Mobile Trading

eToro OpenBook is a somewhat distinct trading platform. It uses the energy of social networking to improve the advertising experience. OpenBook is what its namesake implies – an Open Book. Traders is able to view what other traders do in realtime plus so they could acquire invaluable insights to the strategies employed by different traders while they’re going along. With the use of OpenBook, eToro traders may get invaluable insights in to the apocalyptic world of Forex trading plus they’re able to followalong with talk about, and replicate the trading activities of other traders since they see fit.

Thanks to this functionality of WebTrader, eToro traders may access an abundance of trading options directly from the conveniences of anywhere they go – given there was a Internet connection. Due to the exceptional look of this WebTrader platform, there’s not any jumble and the available trades, history and news are simple to browse through. Plus, the societal component is enriched by means of discussion functionality. WebTrader additionally allows for personalization of prominence in order that traders may actively participate together, or move incognito once they would like to discover the trading actions without being upset.

The eToro Mobile Trading platform is all of the anger. Because most traders now have gone mobile, the cellular trading program is quite a lot rewarding to utilize. By minding the cell trading program, eToro customers can quickly participate together and keep joined with their investments in actual moment. The cellular trading program is designed for Android and iOS apparatus also it’s ideally suitable for tablets tablet computers, phablets plus much more. Even the eToro Mobile Trading platform offers instant accessibility to OpenBook along with WebTrader and you also don’t need to be on your PC to obtain things done.

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Deposit Options

eToro offers traders multiple deposit options. These include Wire Transfer, GiroPay, Credit Card, PayPal, Neteller, WebMoney, and Skrill. All deposits at eToro are 100% safe and secure, after all all transactions utilize SSL technology to process payments.

Markets

There are 4 categories of marketplaces available at eToro. These include Stocks, Indices, Currencies (Forex) and Commodities. Popular assets include Apple, Google, and Facebook. Popular indices include SPX500, NSDQ100, and DJ30. When it comes to currencies trading, there are multiple popular pairs including EUR/USD, GBP/USD, NZD/USD and others.commodities like oil, gold and silver are among the most traded at eToro.

Bonuses

eToro offers traders bonuses for signing up and trading with real money. There are multiple trading bonuses and these vary according to the promotions of the moment. Traders are invited to chat with eToro about the deposit bonuses on offer. eToro also offers friend referral bonuses to traders.

Customer Support

Customer support is available during the course of the week, 24 hours a day. There are several support options available in telephone support, email and live chat functionality. As an added extra, eToro also offers international clients toll-free telephone numbers. The true value of eToro’s customer support service is with its nanoRep technology. This intuitive database – a knowledgebase – allows traders to obtain up-to-date answers from a self-populating knowledge base.

Safety

eToro is licensed and regulated by CySEC. The highest encryption protocols are in place at all times and there is complete segregation of client funds from company funds. All deposits and withdrawals are guaranteed safe and secure too.

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Ease of Use

eToro provides multiple user-friendly trading platforms – OpenBook, WebTrader and eToro Mobile Trading. With so many options, it’s a c1 getting started and trading indices, commodities, currencies and assets. Each of the tradable stocks is provided in a way that is easy to access with multiple tradable options available.

Final Thoughts

eToro is truly at the top of its class in terms of what it offers – a social trading platform. Further, traders are presented with state-of-the-art software and resources to make their social trading experience reliable, enjoyable and profitable. With multiple deposit and withdrawal options available and the very best customer support services – eToro is definitely a cut above the rest.

Internet Site:
www.etoro.com
Telephone:
61-1800-778-583
Legislation:
CySEC, FCA (UK)
Pairs provided:
20 such as EUR/USD, GBP/USD, NZD/USD
Minimum Deposit:
$200
Spreads From:
2 PIPs
Max Leverage:
400:1
Markets:
Forex, CryptoCurrencies, Indices, Commodities, Stocks