Live account signup link : Etoro
Why eToro?
eToro
has solidified itself as the world’s leading social trading platform. eToro
offers both short-term options for day traders and long-term options for
investors.Easy to use, and all of the information on the platform accessible on
both web interface and in mobile app.More
than 6 million people worldwide choose eToro as their preferred trading
platform.
Check out list of great features:
Year founded: 2007
Solid Regulation: FCA, CySec, NFA, ASIC
eToro Pros:
√ eToro
has a fun, easy-to-use trading platform
√
√ eToro
trading fees are low
√ Account
opening and funding your account are quick and seamless
– eToro Markets and Trading Instruments
With eToro’s CFDs you can trade, copy trade and build your
investment portfolio on the following markets:
forex, with 47 available currency pairs
10 among the main cryptocurrencies
Hundreds of stocks from stock exchanges in New York,
Frankfurt, London, Paris, Milan, Madrid and Zurich
13 of the world’s main equity indices
The 6 main commodities
58 ETF funds
There are many tools you can use to trade with eToro. You
can use:
Social Trading related tools
Copy Trading related tools, to create automatic replication
strategies
innovative funds, called CopyPortfolios, to diversify risk
by investing on different securities in a few clicks
with the Top Trader CopyPortfolios you can benefit from the
same concept, diversifying traders from which to copy operations instead of
products. The Traders will become the assets of your portfolio
in case of normal retail trading, eToro supports all the
main Stop and Limit orders
eToro, like all other brokers, cannot offer any Bonus or Offer for the first deposit.
Deposit and Withdrawal:
The minimum first-time deposit is $200
An
example: Spread EUR/USD = 3 pip
China Union Pay – Immediately
Credit/Debit Card (Visa, Mastercard, Diner’s Club) –
Immediately
Giropay – Up to 1 business day
Neteller – Immediately
PayPal – Immediately
Skrill Limited UK – Immediately
WebMoney – Immediately
Bank Wire – 3-5 business days
Wirecard – 2-3 business days
Yandex – Immediately
As regards withdrawals, the minimum amount if of 50$, and
there is a 25$ commission fee.
The minimum first-time deposit is $200
– eToro Leverage:
Here is a list of the maximum leverage per market:
Forex values: x400
Cryptocurrencies: x1 (the market is too unstable to allow
leverages)
ETF: x5
Stocks: x10
Indices: x100
Commodities: x100
– Commissions, Spread:
eToro applies Spread and Overnight (roll-over) commission
fees.
Moreover, since eToro is an STP broker, spreads are not
fixed, they depend on different market factors in every single moment. It
should be pointed out that the minimum spreads eToro applies are slightly
higher than the average.
– eToro Account Types:
In addition to the Demo Account and the Islamic Account,
eToro offers 4 types of Live accounts, which depend on the amount of funds
deposited. The greater the deposits, the more and better additional services
will be offered by eToro:
Bronze: Capital within $5,000 – Basic access to platform
functionality
Silver: Capital beyond $ 5,000 – Basic access to platform
functionality
Gold: Capital over $10,000 – personal Account Manager,
access to three premium webinars per quarter and a daily professional analysis
of Trading Central for three months
Platinum: Capital* of over $25,000 – personal Senior Account
Manager, full access to premium webinars, Trading Central professional daily
analysis for a year, consultations with a senior eToro analyst and a credit
line
– eToro Trading Academy:
The eToro Trading Academy consists of 3 subsections:
Live webinars
eCourse
Trading Videos
eToro Cons:
√Poor customer service
√Withdrawal fee $25
√Trading platform outages
√Limited product range, mostly CFDs