
eToro (Tradonomi, LLC) has been around since 2004 and is one of the most popular forex trading platforms in the world, with users all around the globe. It’s worth noting that unlike many forex trading websites, it is far from a scam company like the countless smash-and-grab rackets that have given legitimate forex trading companies a bad name.
What they offer: eToro offers a very solid web based platform that makes forex trading fun. A vibrant social atmosphere and an easy to use, fun way to learn how to trade in the forex market.
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The Verdict: Whether you’re new to forex trading or a seasoned expert, eToro has something to offer you. Sign up for a free account if you want to have a little fun, practice and learn, or jump straight to an expert account to enjoy more advanced tools with their so-simple-a-monkey-could-use-it platform.
Where to join: eToro operates 2 seperate websites for International and USA customers.
Only click the link that applies to you (Or see bottom of this page for special promo codes)
Click here to open a free eToro International account
Click here to open a free eToro USA account
In-Depth eToro Review
Setting Up An Account:
Signing up for an account at eToro is quick and painless. You can start out with a free account to test it out, or deposit the minimum $50 to activate a real account. You can fund your account with any major credit card, PayPal, wire transfer, or money order.
Set up an eToro International account now.
Set up an eToro USA account now.
Fees/Commissions:
- No maintenance or inactivity fees.
- Fixed spreads as low as 2 pips (please see the eToro website for up-to-date spreads).
Leverage (Currencies):
- Maximal leverage x400 (For all pairs)
- Minimal margin 0.25% (For all Pairs)
- Minimal Lot size: 10,000 units
Leverage (Commodities- Gold & Silver):
- Maximal leverage x25
- Minimal margin 4%
- Minimal Lot size for Gold : 10 units
- Minimal Lot Size for Silver-: 10 units
Investments Offered:
- Foreign exchange & commodities.
- Major currency pairs.
- Gold (XAU/USD)
- Silver (XAG/USD)
Ease Of Use:
It’s safe to bet that the main reason eToro has exploded in popularity around the world is primarily it’s easy to use interface. They’ve done away with the over-complicated screes that characterise most forex trading platforms. Instead, the eToro platform is intuitive, powerful, quick, and elegant.
Check out this video to see for yourself.
Trading/Investment Tools:
- 24/7 access to forex market.
- Live streaming quotes, trend charts, watch lists, live market news
- Fixed spreads, guaranteed stop losses, ability to hedge, phone dealing.
- Withdrawing money is also easy, as many methods of withdrawal are supported (it usually takes 3-5 days depending on where you withdraw to).
- Chat feature is cool if being social is your thing. Network and learn from more experienced traders that have been trading with the platform for longer than you.
- See what others are trading with “most popular trades”.
Customer Service/Support:
LiveChat customer support 24/7. Friendly, helpful staff, and sometimes even friendlier, more helpful users willing to give you a hand.
Customer support is available in Arabic, Chinese, English, Finnish, French, German, Greek, Italian, Japanese, Portuguese, Russian, Spanish, Turkish
Security:
eToro USA is registered with NFA (the National Futures Association, a self-regulatory organization for the US futures industry that strives to safeguard market integrity and protect investors.
Awards:
“2010 Most Innovative Trading Platform” awarded by World Finance Magazine
The Final Word…
Whether you’re a newbie looking to learn or a seasoned vet looking for a change of scenery and a little bit of fun, eToro offers good tools, a solid platform, and an unmatched user experience. And it costs nothing to check it out for yourself.
Open an eToro International account now!
Open an eToro USA account now!
Current eToro Promo Codes:
eToro International is currently running the following bonus program.
(Please click only one link to claim.)
Open and fund an account at eToro International with $100 or more and receive up to $1,000!
eToro USA is not currently running any promotions.
Open an account at eToro USA here.
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