Etoro Review

Categories: Forex Trading Platform Reviews

On the whole, forex trading platforms platforms tend to be a bit dull and business like. eToro, however, has broken away from the norm. Instead, they offer a trading platform that is visually stunning and eye-popping which adds to eToro’s philosophy that forex trading should be exciting & fun. Established in 2006, eToro has rapidly become one of the most well-known & respected online forex brokerages in the world.

eToro Features

	Innovative user-friendly interface – execute trades with on click of a button.
	Unlimited practice – practice your trading techniques with virtual money and live rates
	Streaming news – get the latest forex updates as they happen
	Low spreads – trade with the lowest spreads online, as low as 2 pips spread.
	Superb execution – trades are executed immediately with great precision
	Low margin requirement – start trading forex with only $50, and get a first deposit bonus of up to $1000!
	Commodities Trading – trade Gold, Silver and Oil on the eToro platform.
	Webtrader – no need to download the trading platform to your computer.
	Community experience – connect with you fellow traders using public and private chats and forums
	Trading challenges – win prizes simply by trading, no entry fees required!

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Trading Platform

Well known for their trading platform, eToro have focused on simplifying the trading experience. They have achieved this by developing a revolutionary platform that creates a user friendly visualization of the trading arena in the platform’s beginner mode, and an ultra innovative interface for expert traders as well.

The Expert mode includes one click trading enabling you to activate trades in one simple click on your chosen currency. The Expert mode also includes trade history, charts, and the ability to manage trading orders. You can also browse the latest Forex news and view an updated calendar of the latest market events. All this from within the platform itself.

Minimum Deposit Amounts

$50 is all that is needed to get going with this simple and engaging trading platform. Funding your Etoro account is also a simple & straight forward experience. Deposits can be made via Paypal, MoneyGram, Neteller, WebMoney, in addition to credit card deposits and wire transfers.

Account Set-Up

Registration is easy, you just need to fill out and submit a brief application, then download the eToro software and you can get going with your forex trading experience.

Demo Accounts

eToro do offer demo accounts that you can use absolutely risk-free. This is a great way to get used to the eToro trading platform and how it works without having to part with any money. eToro also offer a free forex e-course and personal coaches that can have you trading like a pro in no time at all.

Trading Spreads

eToro prides itself for offering fixed spreads that can be as low as two pips. The maximum leverage Etoro support is 400:1, this is the highest we have come across with any Forex trading platform. When compared to other popular forex platforms, eToro’s spreads are very competitive indeed.

Conclusion

If you are looking for a fresh, fun approach to trading forex you will be very pleased with eToro. Likewise, beginners wishing to ease themselves into trading forxex will be quite at home with eToro’s simple design and ease of use. Having an automated dealing desk, it can be said that eToro increases traders’ odds of obtaining the most competitive forex trading opportunities online today.

Low minimum deposit requirements and a clean user interface combine to make eToro one of the most innovative and exciting forex trading platforms in the world right now…

Whether you’re just getting started or have quite a bit of experience, eToro comes highly recommended.