eToro

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Founded: 2007
License: CySEC
Markets: Stocks, Indices, Currencies, Commodities
Instruments: CFDs
Trading platform: eToro OpenBook, WebTrader, Copy.me, Mobile Trader
Min deposit: $50
Leverage: 1:400
About:

eToro is one of the well-known market places to trade currencies, indices, commodities and stocks online in a transparent and simple way. eToro broker provides social investment network as an opportunity to “channel the collective potential of a diverse trading community into individual benefit.” So, traders can search for Forex gurus, follow other traders, learn from each other, interact with each other and even automatically copy other traders in real time.

eToro broker strives to provide its clients with unique trading experience: dedicated customer support, numerous innovative trading platforms, including web-based and mobile, and social trading network.

eToro trading platforms include OpenBook, Copy.Me, WebTrader, as well as Mobile Trader and Android-based trading platform. OpenBook represents a social networking used for copying and interaction with other traders; Webtrader can be synchronized with OpenBook and offers analytical and charting tools, while Copy.Me allows copying the orders of other traders.

eToro’s activities are regulated in accordance with legislation of many regulating agencies in the UK, Australia, the US, Germany and Denmark. A minimum deposit for opening an account is only $50 and leverage ratio varies depending on what a client is trading on.

eToro FX broker offers extended educational program “Trading Academy”, as well as live webinars, eToropedia, trading articles and research. eToro Forex customer support is available in many languages via live chat, phone and e-mail: representative offices are located in New York, the Virgin Islands, Cyprus and New South Wales.

According to eToro reviews, the advantages of trading with eToro are:

• An opportunity to follow and copy Forex experts with the eToro Openbook
• Guardian Angel software as a foundation of responsible trading
• A wide range of trading instruments
• Quotes for all major currencies
• Islamic accounts

Location: Cyprus
* - Our website does not bear any responsibility for erros in the provided information. Please visit the official website of a considered broker to get the most recent data on trading conditions.
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Rate:
132
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Last reviews
26.03.2014 Marco

Pluses: platform is easy, even for beginners, simple copying system, the social side is useful and ... rovides much helpful info on trends and sentiment
Minuses: high spreads, slow, exit fees, not many currencies to choose from, no connection to other platforms like MT4
Serious traders should probably look for a better broker
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