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eToro

eToro eToro
Status Recommended broker
License
Trading software eToro WebTrader
Trading conditions Min. deposit: $50
Leverage: 400:1
Commissions: 0
Free trial: Yes
Pip Spread on Majors: 2
Address Angelica Court 2 - Flat 203, Ambelakion 20, 4046 Germasogeia, Limassol, Cyprus Phone: +357-2-5030251 Fax: +44-866-350-0881

About eToro

eToro is the world’s largest investment network, with over 1.5 million users in over 130 countries and thousands of new accounts opened each day. eToro leads the social trading revolution through its community powered network, which enables every investor to see, follow and automatically copy the actions of other investors in real time. eToro’s mission is to open the financial markets to every individual and make them accessible through a simple, transparent and more enjoyable way to trade currencies, commodities and indices online. Based on a wide range of innovative web-based and mobile trading platforms that appeal to every level of trading expertise, eToro’s investment network facilitates information exchange between investors, accelerates knowledge sharing and shortens the learning curve for those who want to bring their trading experience to the next level.

eToro is an innovative Forex trading platform that enables novice traders to easily enter the exciting arena of currency trading, through a friendly interface. The platform is based on visual representation of financial transactions, allowing users an intuitive approach to Forex trading, while combining special features such as a community chat and championships with prizes.

eToro solves the biggest hurdle faced by competing financial platforms, which is how to appeal to non professional traders. eToro accomplishes its goal to enable non professionals and people interested in learning and practicing trading, by easing the way into this world through a user friendly environment. The trades are represented in a clear graphical visualization, coupled with online tutorials, live support and the embracing community communication through the in-platform chat and the forum.

eToro revolutionized the Forex trading arena with a novel approach that broke through the old bank-like interface and brought it straight into the web2.0 style interface and community, allowing everyone to participate in the biggest and most exiting market of currency trading.

Established in order to provide services to the growing retail sector of the Forex community, eToro created a visual trading platform that is easy to understand and easy to use. The overall offering that eToro introduces to its users is the most inclusive trading experience available to both novice and experienced traders, so they can experiment, further learn, and polish their trading skills.

eToro Offerings:

eToro makes it faster and easier than ever to execute trades, watch your trading activity, share, and enjoy financial information - using real or virtual money.

View your trades interactively: Trades are visually represented so you can watch your trades run marathons, rise and fall between countries and more.

Practice: Apply your trading skills with real-market rates on virtual money.

Compete with other traders: Various free-to-enter championships are held so you can get a chance to win top prizes and become the top trader.

Chat: Interact with friends and fellow traders either privately or publicly.

Trade: Trade for real money with real-time trade execution.

Low Spreads: eToro is offering some of the lowest spreads on the market, starting with 2 pips spreads.

Actualization date4 May 2010
Participation in the rating
Regulated byCySEC
PlatformsWebTrader
LanguagesEnglish, Spanish, Chinese, Japanese, Arabic, Hebrew, Italian, Norwegian, Korean, German, Greek, Russian, French, Turkish
Other instrumentsno
Payment methodsCredit Card, PayPal, Wire Transfer
Mini account$50
Standard account$50
Leverage400:1
Pip spread on majors2
Commissionsno
24 hour trading
Demo account$20,000
24 hour support
Free phone1-866-350-0881
Mobile forex trading
1st deposit bonusup to $10.000
Forex contests, competitionsyes
Free forex education
HeadquartersAngelica Court 2 - Flat 203, Ambelakion 20, 4046 Germasogeia,Limassol
WWWwww.etoro.com
Interest charges on the balanceno
Trust management
Partnership programs
 

Latest forex broker news

11 November 2011   eToro
United States Says We Are Doing Just Fine
The U.S. trade deficit narrowed in September as exports rose. The trade deficit dropped 4% to $43.1 billion from $44.9 billion in August...
10 September 2010   eToro
eToro Declared Winners In The MoneyAM Online Finance Awards 2010
eToro (www.eToro.com), one of the world’s most popular online financial trading and investment platform was announced as the winner of a MoneyAM Online Finance Award.
30 June 2010   eToro
The Most Innovated Trading Platform Award
Thanks to the ongoing support of our over a million traders, eToro was announced The Most Innovative Trading Platform in the 2010 World Finance Awards...

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24 June 2010   eToro
Get an iPad from eToro on June
Bring 10 New Traders between 23-30.6.2010 and Get an iPad...
30 December 2009   eToro
eToro announces British Trading Challenge winners
Top ten novice foreign exchange and commodities traders achieve over £56,000 profit in eToro

Latest comments

27 April 2012   Albert Answer this comment   eToro Add new comment for eToro
Anyone who want to play this such of thing ust see for the comments to this company, if there is bad comment according to this company, so better to think for twice, because in this site, anyone can use different name, so i guess pierre and nomi6224 r the extoro team, so u must think for twice to believe them. i have no idea about ex toro, but maybe it's better for us to go find another company, because of the bad comment in etoro
29 November 2011   nomi6224 Answer this comment   eToro Add new comment for eToro
i am using etoro and i have used almost 7 others, but really guys, etoro is the best of all. it is very user friendly.
the support team is available to you 24/7 and they are amazing while helping you in your problems.
thanks etoro suppot team, you rock!!!!!!!!
14 November 2011   ex etoro user Answer this comment   eToro Add new comment for eToro
oh c'mon don't even try to put some water on the fire "etoroteam", i used etoro for some time as my broker, firts of all i didn't got my money from the challenge, i sent my identification card, a letter from the bank with my adress, my driving license, everything that was asked even the 250$ to fund the account, nothing, then to withdraw the money i recieved half the money i requested on my account by money transfer, it took 17days, a wire transfer, i complained to etoro, they said they would take a look on the withdraw, another week they said it was mistake they were going to withdraw the rest that was missing, another week, finally i recieve the money, i complained on the chat several time to other users, i was blocked for 2/3 days, couldn't "log in", was more like a "shut up", when i finally got my money back, 2months were gone and a lot of headache.

P.S. everytime i was winning money or loosing the connection got slow and sometimes i couldn't log on to close position, lost some money with that, although i had a superfast ADSL network.

There was a lot of things i just can't find words to express what my review is from etoro, i mean, it's so bad, so bad, please get metatrader4 or something else as a broker
27 October 2011   Kevin Answer this comment   eToro Add new comment for eToro
Almost openend an eToro acount. that was close!
I had an account with iForex, try getting profit or your money back from those guys!
Are all the Brokers based in Greece and Cypres dodgy? Tough for me to say as I am part Greek.
Will go to 4XP. I have not really heard any bad stuff about them.
Adios

Successful trading with NordFX

Successful trading with NordFX. Direct access to ECN, which will expand your trading opportunities: The best prices from Interbank market; Lowest spreads; No Dealing Desk; Market Depth. Base technology with all necessary instruments and best conditions - Metatrader 5 (and Metatrader 4): No requotes! A paradise for scalpers! REAL instant execution without manual dealers – less than one second. Usage of supplements (expert advisers, signals) without any restrictions. Variety of fund transfer methods (local deposits in some countries).Good luck in trading!
11 October 2011   Pierre Answer this comment   eToro Add new comment for eToro
I used different platforms over time. Etorro is simply the best and easy to use for newcommers. There is a difference between losing because you made the wrong decisions and a poor site. Most of the comments on this site tell me more about a poor loser than Etorro.






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