eToro Broker Reviews and Full Information

What's eTORO?

Virtually everything is becoming digitalized every minute from banking online as well as online buying. The most frequent question is why we don't trade? The answer is that we will provide the answers. We'd like to show you eToro which is a online platform for trading on social networks.

In 2006, the company was founded, and eToro has been able to elevate its profile to become the world's most renowned online trading site. In the beginning it was viewed as an unrisky, safe broker that was designed to be used for Forex or CFD trading. The world is changing constantly and everybody has to keep up. In this regard, eToro introduced Cryptocurrencies as well. Additionally, it has developed and integrated social features like CopyTrading as well as CopyPortfolios into its services. As of now, it's active in more than 140 countries and has a user base of 11,000,000 users to the present.


 

Pros

Cons

It provides a wide variety of cryptocurrency.

The costs are somewhat excessive.

The minimum amount required to invest and fund a start-up is extremely low.

Insufficient features.

Commission free-trading

 

 

 

 

10 Points Summary

Headquarters

Cyprus

Regulation

CySEC, FCA, ASIC.

Platforms

Proprietary

Instruments

ETFs, CFDs, Commodities, Metals, Stocks, Oil, Gold, Indices

EUR/USD Spread

3 pip

Demo Account

Yes

Minimum deposit

$200

Base currencies

USD

Education

Provided

Customer Support

24/5

How Secure Are You With eTORO?

If you're about to select a broker, take a close look at the security and safety policies of their company. It's quite obvious the fact that, when it comes to broker the main priority is security. If the broker you choose does not give you the best protection to protect you then it's not worth the investment.

In the case of eToro they ensure the safety of their customers extremely seriously. A variety of measures are implemented to safeguard investors, as CySec, FCA, and ASIC regulate the company to support their claims. The personal information of every client is protected and protected with SSL encryption. In addition, all the funds are secured the tier-1 banks. Are you thinking about what are tier-1 banks? Tier-1 banks provide the safest kind of bank account.

 

Pros

Cons

Regulations set out in the form of CySEC, FCA and ASIC

None.

Separate accounts are used to store funds.

 

Tier-1 banks.

 


 

Awards

The chance of a biased review in the mind of a reader is extremely high. It is, however, impossible to deny the validity of the awards awarded from the company.

eToro has won numerous awards for its exciting and cutting-edge service to its customers. among them:

Best show Award - Finovate Europe.

8th Invest Cyprus International Investment Awards

Best Social Trading Platform- FX Empire.

These awards represent a tiny portion of the recognition eToro has received for its work. We hope that it will help you gain their trust.

Is eTORO fraudulent or secure?

It's a normal occurrence that whenever you think of investing, you are skeptical about the legitimacy or credibility of the person who is offering the investment. This is the proper way invest in the right way as it's your hard-earned cash that is about to be invested.

When we speak of eToro and its services, there's no doubt regarding its reliability. It is a registered brokerage operating in over 140 countries, and is it is regulated through FCA (UK), CySec (Europe) as well as ASIC (Australia). The countries that it operates in are as the following:

Algeria

Belgium

China

Costa Rica

Denmark

Finland

Italy

Greece etc.

Account

eToro provides its customers with three kinds of accounts: Demo Standard, Standard and an Islamic account. The process of opening an account is simple.

Demo Account If you're novice to Forex trading, need to worry no further? eToro has developed a demo account for beginners who have just entered the world of Forex trading. Users will are offered a virtual amount of $100,000 to begin. One of the most interesting aspects about this demo account is the fact that it comes with no expiry date, and can be used as long as is needed.

Islamic accounteToro was extremely helpful to its Muslim customers, creating its first Islamic account. What's particular in the Islamic account? This kind of account is in compliance with all Shariah Laws.

Standard accounts opening the standard account is easy. But not literally! The procedure is simple since you need to transfer $50 to your account in order to begin. After your account has gone through verification, you are able to begin to withdraw funds.



 

 

 

Pros

Cons

Islamic account available.

None.

The minimum deposit amount is minimal.

 

Three different types of accounts available.

 


 

Trading Instruments

eToro offers a dazzling array of assets contrasted with other brokers. It gives its clients CFDs and FX pairs, indices ETFs, digital assets and shares. It offers the broadest selection of cryptocurrency.

 

Pros

Cons

A variety of cryptocurrency.

ETF CFDs can be a bit costly.

Equity CFDs are not subject to commissions.

The cost of financing is included.

 

 









 

Trading Platforms

The customers of eToro trade on its own platform. The most appealing aspect of the platform that is proprietary is that it can be access from any mobile or computer device, without the need to download any supporting software. It is recommended that you download the mobile application for trading via an mobile or tablet. It is compatible with several languages.

 

Pros

Cons

Multiple languages.

None.

User-friendly.

 

 

 


 

Trading Fees

eToro is built upon the pricing model referred to in the industry as "spread pricing". We'll guide you through a brief trip to discover what spread pricing actually is. A small amount of cost is charged on the cost of selling. It's like playing with children A small portion in fee will be paid on purchasing, while the rest is paid upon selling. When the worth of the cryptocurrency goes up it will require you to pay a higher cost. If luck isn't in your favor and the worth of the currency drops, the chances are you'll be able to claim a portion of your initial payment will be refunded.

 

Pros

Cons

Trading fees are extremely low.

None.

CFD advertisement Forex fee is not too high.

 

 

 

 

 



 

 

 

Deposit & Withdrawal Options

Transfers and deposits are easy. A minimum deposit of $200 is needed to begin trading. To deposit money, a variety of options are offered to clients to make the process easy. The depositing options are as follows:

PayPal

Credit Cards

Wire Transfer

Web Money

Neteller

Money Gram

It is like depositing in that it comes with the requirement of a minimum sum, which is $30. The minimum amount is $30. be deducted from the account. In addition, a charge of $5 is imposed for every withdrawal. A typical time period of 3-7 days is provided to deposit funds to the account of the bank. Similar options are offered for depositing and withdrawal.

Education

eToro is committed to providing a variety of educational tools to its customers and those who are interested in trading. Contributing to community involvement and bringing more traders into the world of trading employs a variety of strategies to share information, including online webinars and podcasts, trading schools as well as tutorial videos. The webinars online are around 90 minutes in length and conducted by experts It is a guarantee that you'll discover something new and exciting to improve your skills in the world of trading. Users who are registered with eToro can access the school of trading to take advantage of different classes. Not to mention videos can assist in understanding the platform.

 

Customer Support

At eToro live chat is accessible 24 hours a day to its users to talk to for any issues. In addition, a FAQ section is provided with all the answers needed to limit the volume of chats to the live chat and is accessible for any more serious issues. To ease the burden of the users around the world, customer support is available in multiple languages that can be reached. The support via email is also offered with a response time that ranged from three minutes to three days. Overall, eToro has excellent customer support

 

Pros

Cons

Multiple languages supported.

None.

Live chat is available 24/5.

 

Email support.

 



 

 

 

Conclusion

Trading isn't an easy job, and it requires expertise and experience to succeed in this area. It can also be a route to earning quick money and a way out of the boring 9-5 job. For some it's thrilling since it is a the risk of.

eToro is the top social trading platform which has made trading accessible to everyone. It is user-friendly and enjoys an outstanding reputation in the marketplace. It is only a payment of just $200 needed to start trading and try your hand at. If everything goes as planned you might be able turn your the $200 you have put in into $200,000. Start now!

Frequently Asked Questions (FAQs)

What's the minimum deposit amount for a bank account??

The minimum deposit amount needed by eToro is $200.

How do I open an account on eToro?

The online form is available through which you can apply for registration.

How do I withdraw funds via eToro?

Go to"withdraw funds" and then click on the "withdraw funds" tab and follow the directions to withdraw your cash.

Is eToro regulated?

eToro is controlled in the United Kingdom by CySec (Europe), FCA (UK) and ASIC ( Australia).

What is the location eTORO operating from?

The head office is located in Cyprus.

Summary
Properties Values
Name
eToro
Minimum Diposit
$ 200$
Leverage
1:30
Regulation
CySEC, FCA, ASIC, USA FinCEN,,,,,,,,,,,
Headquarters
Cyprus and offices in UK, Australia
Established
2007
Address
24th floor, One Canada Square Canary Wharf London, E14 5AB United Kingdom
Platform
MT4,MT5,,
Payment Method
Visa,Mastercard,Wire,Skrill,Neteller,,
Overview
Properties Values
Spreads
1
Min Position size
0.1
Broker Type
MM ( Market Maker),STP (Straight Through Processing),ECN (electronic communications networks),NDD (N
Account Type
Mini account,Islamic account,Standard,,
Brokers by Country
UK Forex Brokers,Cyprus Forex Brokers,,
Techniques
Spread Betting Brokers,Day Trading Brokers,Copy Trading Brokers,,,,
Instruments
Gold Trading Brokers,Stock Trading Broke,Oil Trading Brokers,Commodity Forex Brokers,Metal Trading Brokers,Indexes Trading Brokers,,,,
Account currency
,USD,,USD,,USD,,USD,,USD,,USD,,USD,,USD,,USD,,USD,,USD,
Tools
Economic Calendar,Charting Software,Volatility Calculator,Pip Calculator,Margin Calculator,Profit Calculator,,,,
Website Languages
en,,,,
Support languages
en,,,,
Bonus
No
Reviews Rating
4.5
Withdrawal Fee
No
Trading Signals
Yes
Free Education
Offered
Daily News
No
Demo account
Yes
Swapsr
Yes
Pors
1. Fast digital deposits, including Neteller	
2. 0$ deposits	
3. Withdrawal requests take up to 3 days	
Cors
1. Withdraw money fee – 5$
2. USD is the only one base currency
Display Analysis
No
Serving country
AU,CY,GB,US,,,,
Not Serving country
BE,BR,CA,CU,,,,
Contests
Yes
Market analysis
No
Copy Trading Brokers
No
Bitcoin Forex Brokers
Yes
Social trading
Yes
Web trading
Yes
Forex pairs
Yes
CFDs
Yes
Crypto
Yes
Hedging
Yes
PAMM
PAMM,Mql5 signals,,,,
Mobile Trading
Yes
Scalping
Yes
Automated Trading
Yes
Partnership Programs
Yes
Free Phone
+44-866-350-0881
Customer Support
24/5
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