eToro Reviews
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eToro ’s foreign
currency exchange platform was designed to be user-friendly and
helpful to beginning traders, and assumes that new users have no
experience in forex trading. However, the tools are robust
enough to be used by professional traders and has been built to
trade in all major currencies in the international market.
Based in Cyprus, the eToro company is led by a group of finance
professionals, software developers, and marketing experts.
eToro’s platform is a Webtrader (non-downloadable platform) that
offers both a practice area and an actual, live trading arena.
Besides forex, eToro also allows trading in Gold & Silver, Oil &
CFDs.
Once a trader registers for eToro, the trading area is displayed
as a simple, visual set of tools that allows the user to
concentrate on strategy rather than the mechanics of forex
trading. A user can spend unlimited time in practice before
performing an actual trade. There are a variety of ways to fund
a live trading account – an immediate deposit by credit card,
PayPal, or Neteller, or payment methods such as wire transfer,
Western Union, or MoneyGram that take a few days to fund. A new
account can be funded with a minimum of $50, and there are many
special promotions and bonuses for new accounts.
There are no account levels; all traders have access to the same
tading levels. Traders receive access to electronic content,
real time information about the exchange rate of currencies, and
the platform’s tools for executing transactions in the internet
foreign exchange market. eToro also offers weekly practice
trading chamionships among members, with cash prizes for the
winners.
Support tools for traders include online chat, guided tutorials,
a glossary, trading e-guide, live training over the phone.
Accountholders also have access to economic info, market
analysis, charts, live trader forums, and technical analysis.
The customer service line is a 24-hour operation and support is
offered in English, German, Arabic, Russian, Chinese, Spanish,
French, and Italian. eToro offers Islamic account terms.
eToro has just launched the ground breaking eToro OpenBook
application. It is a one of a kind social trading network that
transforms the way people trade and invest online. From now on
any trader can See, Follow and Copy the trading strategy of the
most successful eToro traders. This feature is unique to eToro
and not available with any other forex broker.
Start trading Forex with eToro and receive up to $10,000 bonus on your first deposit!
Care for some extra trading cash to get you started? Make your first deposit with eToro and you'll automatically receive a bonus gift of up to $10,000 instantly. To determine the exact bonus you'll be receiving please refer to this convenient guide.
The eToro bonus reward program:
Your Deposit |
Your Bonus |
| $100-$399 | $25 |
| $400-$999 | $100 |
| $1,000-$4,999 | $250 and qualify for a Silver Trading Account |
| $5,000-$9,999 | $500 and qualify for a Gold Trading Account |
| $10,000-$19,999 | $1,000 and qualify for a Gold Trading Account |
| $20,000 and more | 10% and qualify for a VIP Trading Account |
If
you are depositing above $500 via Wire transfer, please contact us directly to
receive more information about a special offer we provide.
To deposit funds into your account log into the eToro platform and click on the account balance icon.
Your deposit bonus will be applied to your FIRST successful deposit only. This bonus will be given only once per account, person, household and/or any environment where computers are shared.
Open an account for FREE and begin trading today.
eToro's First Deposit Forex Bonus is subject to terms and conditions.
Please note that eToro's ‘First Deposit Bonus’ promotional offer does not apply to traders from the USA.
Go to the official eToro Platform site >>
eToro Review
| General Trading Features | |
| Minimum Deposit | $50 |
| Accept Us trades? | No |
| Minimum Transaction Size | 1000 Units |
| Non-currency Forex Products | Commodities |
| Currencies Traded | All Major |
| Spreads | From 2 pips |
| Commissions & Charges | |
| Commission free trading? |
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| Commission free deposits & withdrawals? |
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| Unique Trading Features | |
| Accepted currencies for deposits | US Dollars (USD), Euros (EUR), British Pounds (GBP) |
| Base account currencies | All Major |
| Speedy Buy/Sell | Yes |
| Stop Loss executed exactly on rate | Yes |
| Trading Hours | |
| Customer Access | 24X7 Web Access… Live Customer Support Monday till Friday between 06:00 and 22:00 GMT |
| Normal Trading Hours | Trading closes at Friday, 21:00 GMT and re-opens on Sunday, 22:00 GMT |
| User’s Interface | |
| 24 x 7 Access |
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| Customer Support | Via Phone, Email and Online Chat |
| Ease of Use | Very User Friendly |
| Online Trading |
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| Web Interface |
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| Website Languages | 17 including English, Arabic, Dutch, French, German,
Italian,Japanese,Spanish,Russian,Turkish, Norge,Korea,Nederland |
| Supporting Tools | |
| Demo accounts |
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| Live Training |
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| Online Chat |
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| Deposits & Withdrawals | |
| Fund withdrawals to credit-card account |
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| Data Security & Handling | |
| Transaction Security |
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Support & Customer Service:
eToro has several different contact options available, including phone, email and online chat. These contact options are available Monday through Friday, 6am till 10pm, GMT. They also have a callback feature available, which can be convenient if you do not have time to wait on the line for them to be available, or if you need to talk to someone at a specific time.
Minimum Deposit:
The minimum deposit is $50 but you also have the opportunity to get up to $500 in bonus money so make sure that you look for this option whenever you first open your account.
Payments Accepted:
If you want to have your money credited immediately, you must
use PayPal, Moneybookers, a major credit card or NeTeller. You can also find
your account with a wire transfer, Western Union or money gram
but that money will not be available in your account until it is
approved by the processor.



