eToro forex broker provides a social trading platform that is unique in the industry. See how this broker compares to the best currency traders
eToro is considered one of the most reputable brokers. Its services are now provided by RetailFX, a company authorized by Consob. It has many years of experience and uses proven technology and reliable. eToro is an excellent operator for beginners. The company seems to refer specifically to new traders. The broker aims at sharing information, not only in the sense of news and analysis, but also among the traders.
It also offers “eToro OpenBook”, the evolution of the classic trading platform that integrates a mirror trading system to copy the efficacy of other experienced traders who use a real account. In this way, if you want to follow a particular trader which is considered good because of a historical sound. With just a few clicks you can see, follow and copy operations, all this with only 20 dollars as a first time depositor
eToro uses 3 different platforms: eToro Web Trader , eToro OpenBook (a social platform that allows you to follow other traders) and eToro MobileTrader. Note the availability of the MT4 platform, for the exclusive use of selected customers in compliance with certain requirements. With regard to assistance, eToro offers customer service via live chat, email and phone available in over 20 languages.
Another feature is that eToro offers fixed spreads and no commissions, but it should be noted that the spreads in this broker are higher than those found elsewhere, for example with Zulutrade or Plus500. The justification for this is given by the inclusion of value-added services available to traders to guide and assist them in all their operations .
eToro also provides a rich section dedicated to teaching and forex news and invites its users to follow the new weekly courses , organizes weekly trading challenges with final bonuses for the top finishers .
eToro deposit bonus for new traders
With eToro you can deposit and withdraw either by bank transfer or credit card with electronic systems such as Paypal, MoneyBookers and the like. There are commissions on withdrawals. The payouts are very fast, while withdrawals have long lead times .
The first payment is provided a welcome bonus that is an average of 10%, reaching up to a maximum of $8000. eToro also encourages its users to submit other members recognizing an additional $100 bonus for every new account opened .
All the above features make this broker one of the best brokers on the Forex market. The choice is to trade eToro OpenBook point, accepting the challenges to only those customers who have shared their operations on OpenBook.
Go to the eToro Download section for more information.