eToro - the best
What makes eToro special? How to get started? How to use eToro? How to benefit from it? These are only few of the questions that should be in the back of your mind when attending eToro for the first time. These are questions that you should ask yourself, and these are questions to which we will attempt to give you an answer.
eToro is a revolutionary trading platform that simplifies Forex trading for the end user. eToro offers many useful tools for its users. Educational tools include a glossary and an explanation about the Foreign Exchange Market, both which help traders navigate the site specifically and the Forex market generally. eToro also offers market news and events that are updated on a regular basis.
To further simplify things and make trading accessible and inclusive, eToro offers a step-by-step explanation on how to get started - once again - both on their site/with their software and in the Forex world in general. These explanations also discuss the various eToro trading arenas: Forex Marathon, Dollar Trend, Globe Trader and Forex Match. All arenas offer different visualizations of trading. The explanation section also elaborates on the other services that are available on the eToro software/site: Trading Log (details of users' activities), Championships (option of winning money prices) and Chats (users can communicate with friends and fellow traders). Via its services, eToro establishes a strong sense of community in which traders interact with each other and can gain from such interactions.
eToro explains to depth the procedures of depositing and/or withdrawing money into and/or from your account. It is a simple process in which users must first install eToro's trading platform, then open a 'Real Account'. Once they have done this, they can deposit funds into their account. At any time during the process, the customer is encouraged to turn to eToro's support and/or accounting team in case s/he runs into problems. Funds can be deposited via credit card and/or wire transfer. eToro's uses a Secure Online Credit Card System, which is fast, user friendly, and most importantly, secure. Limitations on depositing funds into user's accounts (per deposit as well as per month) are set.
eToro offers many free services. It is free (and easy) to download the software, to install it, to open accounts, to participate in championships, and to practice trading as much and as long as desired. Users of the eToro platform enjoy spreads as low as 2 pips for all pairs. There are no commission. Users can open accounts with as little as $50 and with minimum trades of $25. They experience real-time trade execution without any dealer intervention. On eToro, the leverage is at 400:1. To make matters easier for its international community, eToro is translated into several languages: French, German, Russian, and Arabic amongst others.