The foreign-currency exchange eToro’s platform was especially designed to be accessible and useful for beginning traders plus assumes that novel traders have no experience normally in the forex trading. Though, the tools are strong enough to be utilized by expert traders as well as have been built for the trading in all main currencies in the worldwide market. The forex trading platform of eToro is a web trader, which offers mutually a practice area plus an actual and live trading arena. eToro as well permits trading in silver, gold and oil besides the forex.
Once any trader generally registers for eToro, the area of trading is exhibited as a simple, complete visual set of tools, which permits the user to focus on policy rather than the mechanisms of forex trading.In Etoro forex broker review we see that user can spend limitless time in practice prior to perform an authentic trade. There are a number of methods in order to fund any live trading account like an instant deposit by the help of credit card, Neteller, or paypal or other payment methods like as wire transfer, Money Gram or Western Union, which takes some days to fund. Thus, a new account easily can be funded along with a minimum amount of $40, and there are lots of special promotions as well as incentives for new accounts.
All traders have simply access to the similar levels of trading as there is not any account level. Traders get access to the electronic content, valuable information regarding exchange rate of many currencies, and tools of the platform for making transactions usually in the foreign exchange market of the internet. eToro as well presents practice trading championships among members along with many cash prizes for those who win. Support tools for the traders let in online chat, tutorials to be followed, and a glossary, forex trading e-guide and live training for the new traders over the telephone. The client service line is open for 24 hours and customer support is presented in many languages such as English, Arabic, German, Chinese, French, Spanish, and Italian. eToro also presents Islamic account terms.
First deposit is $100- $399 and get bonus of $25.
First deposit is $400 – $999 and get bonus of $100.
First deposit is $1,000 – $4,999 and get bonus of $250.
First deposit is $5,000 – $9,999 and get bonus of $500.
First deposit is $10,000 – $19,999 and get bonus of $1,000.
First deposit is $20,000 and even more get 10% on the amount of their first deposit. Therefore, if a trader normally deposits $100,000, so he will get the maximum bonus of $10,000.
All in all, it looks like a very good tool for the beginners as well as for those who want to get trading practice. However, at the same time when you are working as an experienced trader, this also offers many tools as well as professional mode options of trading. eToro has as well received the award of World Finance for the most advanced forex trading platform in 2009.