eToro Review
Rating:
Price:
no commissions, $25 fee for wire transfer withdrawals
Overview
eToro is a relatively new Forex trading platform that claims to have found an innovative one of a kind forex trading software displaying Forex data in a simplified way. Trades are visually displayed in the downloadable software. The trader can choose four trading areas similar to video games to trade the market which is unique in Forex trading. Customer focus is mainly on novice Forex traders.
eToro provides a demo and real account. Software download required to access trading platform.
Visit the official eToro Site here
Company
eToro company founded in 2006 and it's head quarter is located in Limassol, Cyprus. Funding: $1.7M (financing by private investors in January 2007). Call center support from 10 countries. The domain etoro.com has been registered in November 2004. For more information about this company search the BBB
Product Details
eToro has designed a cornucopia of features that claims to make trading, monitoring, communicating and staying informed simpler than ever. These features include:
eToro`s Features:
- Software download required
- 4 trading areas / games: Forex Marathon, Dollar Trend, Globe Trader and Forex Match
- minimum deposit: $50
- no commissions
- spreads on major currencies: 2-4 pips
- payment options: accepts bank wire, credit card and Pay Pal
- demo account available
- customer support from 6am - 10pm GMT
- Visual representations: Trades are depicted through various creative representations, so you can monitor your activity with ease.
-Competitions: Compete against fellow traders for cash prizes and Forex glory - with no entry fees.
-Chat: Discuss forex signals with other traders.
- Support ten languages like English, Italian, Spanish, French
Reviews
"...Good for beginners. It is in the form of a forex game. It puts the fun back into trading."
Portion of actual user comment on ForexPeaceArmy.com
"...Also, it works unceasingly, and it runs expeditiously fast. This eToro is very great! Excellent. We all liked it. It's pleasant, fast and exact..."
Portion of actual user comment on forexfinder.net
The eToro trading platform is an innovative new concept that makes trading Forex fun and entertaining.
It's a recommended alternative for novice Forex traders or regular traders who don't want to deal with complicated trading platforms.
With its excellent customer support, forum, competitions & chat functions we see eToro as the perfect platform for Forex beginners.
