|Regulation||NFA, CySEC, ASIC, CFTC, MiFID, FCA|
|Trading software||eToro webTrader, etoro Openbook, eToro Mobile Trader|
|Headquartered||eToro (Europe) Ltd. 7 Omirou St., 2nd Floor 3095 Limassol, Cyprus|
eToro is one of the largest currency trading companies operating currently on global financial markets. forex etoro was established in 2007, its headquarters are located in Limassol, Cyprus and broker etoro is a Cyprus licensed and registered investment company. forex broker etoro operation and services are regulated by the Cyprus Securities and Exchange Commission.
Broker etoro offers its customers trading at eToro WebTrader trading platform with real trading accounts starting from as low as $50. The maximum leverage at forex broker etoro reaches as high as 400:1. The broker offers auto copying services as a part of so called social trading community. This feature allows even an inexperienced trader to commit profitable trades. Social trading within the etoro forex community network allows each trader to view, follow and automatically copy the trading orders of professional traders. Currently broker etoro clientele counts more than a million and a half traders from more than one hundred countries worldwide. Besides real accounts forex broker etoro offers demo accounts to those who want to test and review the company’s products without risking their funds. At the same time thousands real of trading accounts are opened with the broker on a daily basis.
EToro offers its customers trading most major currency pairs, some exotic currency pairs, futures, precious metals, oil, binary options and many other trading assets. The broker’s client support works on the round-o-clock basis and is very responsive and helpful. During the nine years of operation the company has received a range of prestigious awards from major financial media resources.
On the broker’s profile page on this site you can find etoro reviews posted by the company’s clients as well as you can leave reviews of your personal trading with the broker.
|Address||eToro (Europe) Ltd. 7 Omirou St., 2nd Floor 3095 Limassol, Cyprus|
|24 hour support|
|Forex contests, competitions|
|24 hour trading|
|Accepts US traders|
|Digits after the dot in quotes||4|
|Minimum position size||0.1|
|Pip spread on majors||2|
|Standard account, $||50|
|Mini account, $||50|
|Popular payment methods||Credit Cards, PayPal, Wire Transfer, Bitcoin|
|Account currencies||EUR, USD, GBP, JPY, CHF|
|Languages||English, French, Spanish, German, Russian, Italian, Chinese, Arabic, Turkish, Portuguese, Japanese, Polish, Greek, Dutch, Swedish, Finnish|
|Platforms||eToro webTrader, etoro Openbook, eToro Mobile Trader|
|Regulation||NFA, CySEC, ASIC, CFTC, MiFID, FCA|
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On the long run the fees that they take will take more than you get out of trading or copying a trader. Stay away, fees are to high.
EToro is NOT the trading company I would suggest. I opened a Canadian account about 5 yers ago. Since I am still working full time, trading was limited so I decided to set my bids on certain companies and let it ride. By mid December 2017, last time I checked, I pretty well doubled what I had invested, which was most likely not significant to Etoro but a lot for me. Thinking I was doing well, I checked again in March and my account had disappeared, I googled and found out U.S. and Canada were cut off. Even though I read there was supposed to be an email to American clients TWO weeks before the deadline, that we were being cut off, there was NO warning; I never received the email with their generous 2 week notice. It must have been very low profile because I had no idea until I searched inline. I contacted customer support and received NO reply. I was ignored. Not significant enough for this big trading company, I am just a little fish in their big pond who is not worth their time. Shame on you Etoro. I am hoping everyone will read this to find out what EToro is really about and people think about it twice to invest money with these insensitive crooks with their 2 week one time notice and then walk away with your money. Again, I did never see that email.
I highly suggest to get to know the company first before trusting them fully. I went through the usual problems the clients face with eToro in ... You'll be surprised on what you can find.
Looks like this broker is competitive compared to other companies. On other side, the trading software and services are far more appealing and easier to use than in other companies. Also, I have the opportunity to use trading signals feature that is getting probably the main competitive solution among brokers that I have traded with. In addition to developing trading strategy, broker offers effective software and metrics for continuous process innovation and improvement of trading strategies.
It is new and it grows fast attracting a lot of traders by quite comfortable trading conditions and I am among those traders. eToro pays attention to education making forex easy for the beginners. It creates wide informational space using crowd-sourcing and comments of other clients – why not? it is cool and helpful to get the needed answers to the questions from people trading within eToro. I’ve learnt rare expert opinion and experience here. I like the eToro platform – here I can play in forex gaining retail trader experience! It is simple and flexible. The access to financial market is fast and steady. I am impressed by the broker’s perfect personal service. They send news and traders insight reports developed by their analysts. I can see, follow and copy the successful trading systems of other investors through the broker’s investment network. I enter it and can get the access to trading history of any trader. This is really like a game. There are no difficulties and tension, just amusement leading to the profit!