eToro broker represents the largest investment network today with over 1.5 million traders all over the world.
Suitable for both experienced and novice traders, eToro offers simple, responsible and entertaining gateway to forex, commodities and indices online trading.
eToro broker represents the largest investment network today with over 1.5 million traders all over the world.
Suitable for both experienced and novice traders, eToro offers simple, responsible and entertaining gateway to forex, commodities and indices online trading.
Regulation
eToro is regulated by CySEC (Cypriot Securities & Exchange Commission) and MiFID (Markets in Financial Instruments Directive).
Registration and Languages
Registration process is simple and fast. The following languages are supported: Arabic, Chinese, Korean, Dutch, English, Finnish, French, German, Greek, Italian, Japanese, Norwegian, Portuguese, Russian, Spanish, Swedish and Turkish.
Payment Methods
Payment methods include: Credit Card, PayPal, Neteller / 1-Pay, MoneyBookers , WebMoney , GiroPay (available in Germany only), Wire Transfer, Western Union and MoneyGram.
Trading Accounts and Conditions
While writing eToro review, we have found out that the broker provides unlimited demo account for practice and strategy testing.
Minimum deposit is just $50; maximum leverage is up to 1:400; spreads start from 2 pips for major currencies.
Trading Platforms
eToro WebTrader
Webtrader is an online trading platform available from any computer, anytime anywhere. The interface of the platform is easy and user-friendly with innovative eToro trading features and social ability.
eToro WebTrader offers simple and most flexible interface. All necessary trading features are available at your fingertips.
Whenever you use the CopyTrader on eToro OpenBook, the WebTrader automatically synchs your account to replicate copied trades as well as your own trades.
The copied trades are automatically shown in your Open Trades panel where you can control and manage them as your heart desires.
The eToro WebTrader offers a set of professional technical charts armed with the latest analysis techniques.
With the charts you can draw the trend lines, support resistance levels and use wide variety of technical indicators to help you with decisions.
eToro OpenBook
The OpenBook is a social trading platform which brings you closer to millions of traders and enables you to enjoy the power of trading community.
eToro innovative OpenBook approach has changed the online trading industry forever, offering features such as CopuTrader and Guru Finder.
OpenBook is all about communication and sharing among traders. As a member, you are exposed to automatically shared information which can be implemented into your trading plan and decision making process.
OpenBook is not only about sharing ideas between traders. It enables you to copy the decision of the others.
CopyTrader is definitely the most amazing feature available today. It allows you to automatically copy the positions of the top traders. You can browse the top traders profile; see their risk percentage, their success rate, their current trades.
CopyTrader allows you to determine the percentage of your own funds to be dedicated to each top trader of your choice (maximum 20% for risk management). Even when you copy, you are still in full control of your account and can always take over the trade and stop copying a trader if you wish.
Mobile Trader
eToro Mobile Trader allows you to stay connected to OpenBook via a mobile device such as iPhone, Ipad and similar.
The Mobile Trader provides live feeds, up to date rankings, easy to access trader portfolios, and the opportunity to copy top traders’ activity from wherever you are.
The Mobile Trader enables you find a trader you want to add to your copy trading portfolio, whether in the live feeds or in the rankings, all you have to do is tap the trader’s name to view their profile, click on “Copy” button at the bottom of the screen, log in to your practice or live trading eToro account and select the percentage of funds you want to set aside for copying this trader. Your account will be immediately updated and you will start copying this trader’s positions automatically.
