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Etoro Reviews

Updated: 2014-10-05T00:39:14.312-07:00


Etoro Review


Finding a good and reliable Forex broker isn't an easy task. There are many stories about traders who had trouble withdrawing funds from their brokerage accounts, others tell tales of unstable trading systems, lack of support, and plain unprofessionalism. Let's just say that working with a bad broker can be a horror story.
Etoro is one of the most popular brokers in the world. Is it really good? Is eToro a broker worth working with?
There's little doubt that eToro is one of the best, if not the best, brokers for new and inexperienced traders. Its graphical platform allows new traders to ease into the world of trading and to find their comfort spot among all the currency pairs, charts, and price quotes. If you're just starting out with Forex trading, eToro is a good option for you.
In addition, Etoro requires a very low initial deposit and even offers various bonuses for new traders so this is a good way to begin your Forex trading experience.
But this isn't to say that Etoro is just for beginners. Many experienced traders use it as well. Etoro provides all the necessary tools for you to succeed, from detailed and updated pricing charts, through technical indicators, to training material and news updates. Basically, this is a broker for a wide range of Forex traders.
Of course, no broker can guarantee success. You need to know how to trade and to trade well in order to succeed in the world of Forex trading. The broker is simply the platform by which you operate in the market. However, you should have a smooth and simple experience with eToro, one which will allow you to focus on your trades without worrying about your broker.

Etoro Scam?


I have performed a thorough research and discovered the best forex trading platform to put it under my honest review. I am going to review it based on the benefit of using it. The name of this forex trading platform which the review is talked about here is Etoro Forex Trading Platform.

Etoro is one of the most advanced forex trading platform. It is not like the other types of forex trading platforms. It is simply ahead of them in terms of advancement. It is perfect for both new and experienced traders. It has an excellent trading visualization which beats other forex trading platforms. The advanced visualization which etoro uses will aid you to gain quick forex trading experience as you move along.  Etoro uses an easy to use and ground breaking approach. The same approach is applied to their innovative trading interface which is composed of every required FX trading tool which an expert trade requires.

Ease of installation
Etoro trading platform is easy to install. It can be set up using just a click of your mouse. Once you click on the download link on their download page, the platform set up icon will download to your pc in few minutes and from there you can set it up.

A lot of forex trading brokers require you to send verification documents in order to trade using them, but the case of etoro is different. You will not be asked for documents to get a live trading account with them or to begin to trade. Although you will need the document when you want to withdraw the money you have made.

Unlimited demo account funds
Etoro offers unlimited amount of forex demo account. If you run out of the initial fund you got for your practice, all you need to do in order to get extra funds is to click on the “click to deposit” button which can be found at the practice section.

Minimum amount
Etoro has a low minimum amount which you require to begin to trade. If you can not afford as tiny as $50, you can begin to trade with them. The most amazing part of it all is that you are offered up to $500 in extra bonus when you make your first deposit.

Method to deposit
Etoro offers many ways which you can use to deposit money to your live account. You could chose from credit card (all kinds of cards like visa, diners and MasterCard) paypal, wire transfer, money gram, and western union and money bookers. The fact is that you can also withdraw your money from your account using any of these means.

Your account is secure when you trade using etoro. It makes use of the most up-to-date ssl encryption technology to see that your money will not be tampered by any second party.
In conclusion, you must have seen from this review that etoro is not a scam. You can begin to trade with it because it is not.


EToro Forex Trading Platform


Many forex traders are asking "What is eToro?". eToro is a forex trading platform that does its best to reduce the complexity of forex investing. A problem that many new forex investors have is that forex is a bit too complicated for them. There are so many things to know and to analyze that it can be too much for someone who isn't accustomed to that kind of investing. Even stock market investors can have problems learning forex and then trying to trade at a profit. eToro has numerous tools that attempt to make it easier for forex traders to trade currencies.

For example, eToro visualizes trades in a way that makes it easier for traders to understand exactly what is going on. Everyone knows that when you can see something as it happens it becomes much easier to understand and process. eToro tries to apply that to forex investing by displaying images and videos that mimic how your trades are progressing. While they look almost silly at first, they are a great way to see what is happening as it happens. Most trading platforms do not have these kinds of features available to their users.
eToro also emphasizes community in its platform by enabling traders to chat publicly and privately with each other about anything they feel like talking about. Chat rooms are available for this, and many users have found this feature very helpful and enjoyable. Being able to chat really doesn't directly relate to forex but it is still a good feature that most platforms do not incorporate.

Overall, eToro has taken the idea that simpler is better and applied it to the forex trading industry. This is how it sets itself apart from the other trading platforms out there. While I cannot neccesarily say that this all adds up to a better user experience, I will say that it is an interesting departure from the forex trading norms.