Etoro is a great platform of foreign currency exchange and it was especially designed to be accessible and helpful for the beginning traders who have no experience of forex trading. Formerly, traders’ registers for eToro as well as downloads the software; a user can simply practice playing prior to performing a real trade or deposit some funds for trading of the real money. Traders get access to the electronic content along with actual time information concerning currencies’ exchange rates and the tools of the platform for performing transactions in the forex market online. The novel account can be easily funded with the minimum amount of $45, and there are lots of special promotions as well as incentives for new accounts.
Etoro presents lots of methods for funding the live trading account like as an instant deposit by using credit card, wire transfer, PayPal, Western Union as well as MoneyGram and so on. eToro as well presents weekly practice trading championships between members along with many cash prizes for those who will win.
This Etoro forex broker review shows that etoro’s client service line is 24/7 and support is generally presented in many languages such as English, German, Russian, Arabic, Chinese, French, Spanish and Italian. For the traders, support tools let in online chat; tutorials to be followed, a glossary, e-guide about trading and live training for the beginners over the phone.
Some good points about eToro
– Etoro webtrader
• It is a newbie friendly trading platform.
• eToro offers attractive bonuses on 1st deposit.
• It offers great customer support.
• eToro also offers Muslim-friendly accounts.
• Account can be funded with a minimum amount of $45.
• Lots of electronic payment systems are available for fund’s transfer.
Some bad points about eToro
Evidently, Etoro is also not perfect. Below is what I did not like regarding it:
• Many traders from United States are not accepted.
• It is a limited platform such as no charts as well as indicators.
eToro’s incentives on first deposit:
• First deposit is $100-399 and get bonus of $25.
• First deposit is $400 – 999 and get bonus of $100.
• First deposit is $1000 – $4 999 and get bonus of $250.
• First deposit is $5 000 – $9 999 and get bonus of $500.
• First deposit is $10 000 or more and get bonus of $1000.
Etoro is the best tool for the beginners and also for those who desire to get trading practice. Though, there might be some good tools for the experienced traders as well.