eToro Review

Originally founded in Tel Aviv, Israel by two brothers, Ronen and Yoni Asia. They brought in a partner, David Ring, the same year and began aiming for the vision of becoming a leading currency broker and trading partner for anyone interested in trading. eToro specializes in social trading where you can copy successful currency traders with the same investment philosophy and risk as yourself. The company has grown significantly in recent years and is one of the largest companies in trading. With over 10 million customers from over 170 countries, there are many that you can get inspiration from, both through stocks, currencies, commodities, CFDs and indices. eToro's mobile trading platforms are in a class of their own and can be appreciated by both iPhone, Android and Windows users.

Are you wondering how quick is it to register at eToro? Luckily, the entire registration process is really quick and easy, and you can be enjoying your time at the site in a short while. Go to the platform's official website and choose "Register". On the page, you will be required to enter your name and email address.You can also create a username and password for yourself while on this platform.

Once you have registered, go to the "My Account" tab, and select "Settings". Go to the "Account Security" section and enter your preferred 4-digit PIN before clicking on save changes.Go back to the sites homepage by selecting "Home" from the menu in the top left corner of the page.From the home page, select "Deposit Funds" under the menu on the left-hand side of the screen. Here you will be required to enter an amount in your selected currency you want to fund for trading on the site's platform.You can use your debit card, credit card, or bank transfer to fund your account.Once you have successfully funded your account with an amount of choice, follow the prompts to confirm the transaction. This will help you get started with investing on the site.

Leverage refers to the number of times an investor can borrow from a broker in order to make a trade. If the leverage ratio is 1:1, this means that you can only use your capital when trading, whilst if it is 1:100, for every $100 you have in your account, you will be able to borrow $1,000 from your broker to make a trade. The higher the amount of leverage you use, the more risk it entails.While on the site, you may be able to borrow between 1:2 up to 1:400 when trading on the platform, depending on your account type and what asset you are using. For instance, you could borrow 1:2 when trading Forex (or currency pairs) and commodities like Gold, Wheat or Sugar. But if you wanted to trade Stocks or Indices, you would not be able to use any leverage at all.The site has been designed to provide a secure trading environment for its users. The company uses the latest technology and has global offices in Cyprus, Israel, and the UK. In January 2018, the platform also opened an office in New Jersey, USA, where it was regulated by the Securities Exchange Commission (SEC). Thanks to this regulatory oversight, the site is a low-cost platform with a simple fee structure and transparent pricing.

This is a socially-trading platform that allows users to follow, mimic, and learn from other people who have expert knowledge of markets. Like any other platform, it has several fees and costs to facilitate your trades. Here are some fees involved: Inactivity Fee: $50 per month. This fee is charged if the account has no trades and no withdrawals or deposits for a whole month. Withdrawal Fees: $35-$60, depending on the currency. Different currencies have different rates applied to them by banks and financial institutions when transferring. Deposit Fees: Transfer fees are only charged when transferring your balance to or from the platform, to manage risk sufficiently. Transfers between the accounts are always free of charge. The same applies to withdrawing money from eToro to an external bank account.The site is a safe, secure platform that has been running for many years. The company is regulated by the Cyprus Securities Exchange Commission (CySEC) and the Financial Conduct Authority (FCA).This means your money is safe, always available for withdrawal whenever you want it, and there are no hidden fees to worry about. the platform helps people interested in learning how to trade.

The site prides itself on offering its clients a smooth time while on the site. Clients can quickly deposit and withdraw funds at the comfort of their homes. After all, they want to make trading more accessible and more convenient for you.1. Bank TransferIt boasts of various payment methods, with the most popular one being bank transfers. You will only have to provide the bank details registered under your name for deposits to be made into your trading account. It is free of cost and generally credited within one to three working days.2. SkrillSkrill is an option to fund your trading account on the site. The minimum deposit here is $25, while it costs nothing to make a withdrawal. It usually takes one business day for deposits to reflect in your trading account, while withdrawals are credited within 10 minutes of transaction validation. 3. PayPalAs for PayPal, you can fund your account with a minimum of $25 and withdrawals are made within 10 minutes once the funds have been credited to your account. It is also a free cost.4. Credit CardA credit card is another payment option available on the site that you can use for funding your trading account. Credit card deposits usually reflect in your trading account within 48 hours, and PayPal withdrawals are instant. The minimum deposit here is $25, while you can withdraw funds when your account balance exceeds $100 once per day.Other popular methods include Neteller, VISA, and MasterCard, Sepa, and Maestro.

+ Select your favourite trader to copy among millions of users.
+ You get more than fifteen cryptocurrencies.
+ Clients enjoy a low minimum to fund your account and start investing.
+ The platform offers more social trading and the ability to match the trading moves of the greatest investors.
+ It has an exciting and navigable layout for both mobile and desktop users.

- The service is limited to the UK, EU and a few more jurisdictions.
- The minimum set for cryptocurrency might be a little too high.
- It has relatively wide spreads for cryptocurrency trading.
- eToro's customer support needs improvement.

There are several platforms that you can use for Skilling here. These platforms include:eToro CopytraderWhile on the platform, you get to copy the trading moves of top investors within a few minutes. If you have been looking to connect with great investment ideas, this is where you should start.eToro's Android PlatformThis is an excellent platform for you to use when on the go. The Android mobile and desktop app enable you to check your investment portfolio wherever you might be. You can access all of your charts, live news feeds, market updates, and other relevant information that will enable you to make the right investment decisions.eToro's iOS PlatformThis allows you to have the same experience in managing your investments on iOS devices. You can enjoy access to all your relevant information, charts, news feeds, market updates, and more.

The platform boasts superior customer support service. You will only have to pick up the phone and dial the given numbers in order to get someone on the other end of the line who would listen to your issues and provide necessary solutions. Even better, there is a live chat option available on the site for quick responses.

eToro are licensed within EU, for example Cyprus, according to the below jurisdiction(s).

EU license, in Cyprus: Yes, eToro (Europe) Ltd, #109/10
License in the UK: Yes, eToro UK Ltd., org nr 7973792
License in Australia: Yes, eToro AUS Capital Pty Ltd, 1139

Is eToro a reliable broker?

Etoro is regulated by the Cyprus Securities Exchange Commission (CySEC) (license no. 247/14). It is a reliable broker with an excellent track record in the financial industry.

Can I change the background colour of my account?

Yes. You can change your screen colour to match your taste or work environment using the settings. (Settings, select "Other colours")

What does the word eToro stand for?

The platforms name is a combination of the words "Ethereum" and "oro", which means that eToro transactions exploit cryptocurrency/gold trading pairs.

How does eToro make money?

The platform earns its revenue by charging fees for transactions made on the platform both through the brokerage service (maker-taker fee) and through spreads. You can find more information about different types of fees that could apply to your trades on this website.*Who created eToro?The company was created in Tel Aviv, Israel.

Who created the company?

The company was founded by brothers Yoni and Ronen Assia together with David Ring. Look into the right part of our website below "founders" to learn more about the creators of this amazing corporation.