etoro logo
eToro
Name: eToro
Website: etoro.com
Established: 2007
Regulation: FCA, CySEC, MiFID
Country: Cyprus
U.S. Clients Allowed: No

eToro Review

eToro is a leading social trading network that offers world-class user-friendly trading platform with advanced features, taking user trading experience to the next level. The broker has managed to attract more than 5 Million customers from all over the globe during last ten years. At eToro, users can access a wide range of tradeable assets and technical tools that help traders make effective trading decisions.

Regulation

regulated by the world’s most reputable regulatory bodies such as Financial Conduct Authority (FCA) of the United Kingdom and Cyprus Securities and Exchange Commission (CySec) of Cyprus, it also leverages low fee structure and keeps clients investment in segregated bank accounts being maintained with investment grade A banks.

Platforms and Social trading

eToro was formed with a view of providing a web-based trading solution to its clients so that higher number of traders could access platform and enjoy world-class trading services. The social trading network is continuously striving to be the best among its competitors. eToro is a pioneer in introducing the concept of “one-click” trading. It also offers educational materials to make clients learn trading and trade successfully.

The platform allows traders to Buy or Sell underlying assets and exercise advanced features such as take profit and stop-loss in order to make the best use of investment. In addition, there is another innovative feature offered by eToro which is none other than trailing stop loss, ensuring that the loss margin is minimized in case a trade moves in opposite direction.

eToro is known to be a pioneer in introducing the world’s first social trading platform. The platform enables its users to interact with each other, share trading ideas, copy trades and compare each other’s trades.

Accounts

The platform welcomes novice traders by offering them demo accounts so they can learn and practice different trading strategies without risking their real money. Demo accounts at eToro are pre-funded with a balance of up to $100,000, this provides enough margin to learners for developing trading skills without the risk of losing their own money.

ufx account types

Copy Trader System

As mentioned above, eToro also offers a copy trading solution to its clients. It is considered ideal for those having no previous trading experience. By using eToro’s CopyTrader, users can copy trades of experienced and successful traders by selecting them from the list of traders available on the platform. The best part is that eToro lets everyone see the trader’s name, trading score, and success/failure ratio along with their trading history so users can decide which trader they should attach their funds with. Clients can also use the “people search” tool available at the eToro’s platform by filtering their preferences.

Popular Investor Program – PIP

It also runs a popular investor program whereby every successful trader is given a chance to become a part of it, provided that minimum eligibility requirements are met. There are ranks that have been devised by the platform. Traders with the lowest rank are known as a cadet whereas Elite rank is reserved for the most popular traders. Monthly payment of up to 100% followed by 2% of AUM (Assets Under Management) and spread rebate are offered in this program. Remember, investors can withdraw their winning on an immediate basis.

CopyFunds

CopyFunds feature has just been a new addition to the eToro’s trading platform. There are essentially two types of CopyFunds offered at eToro including market copy funs and top trade copy funds. Market copy funds contain assets having pre-evaluated trading strategies whereas top trader copy funds features successful investors on the platform. To manage each type of funds, a sophisticated algorithm is used.

Conclusion

eToro has one of the most trusted trading platform, having multiple regulations and offer low deposit accounts. It offers competitive spreads with a leverage of 400:1. Demo accounts are also available at eToro. Considering the needs of all stakeholders, it also offers swap free or Islamic accounts for Muslim traders. A range of deposit and withdrawal methods are available at eToro. It provides multilingual customer support to its clients five days a week.

eToro Features

COMPANY INFORMATION
Broker’s Name : eToro
Headquarter : Cyprus
Regulation : FCA, MiFID, CySEC
ACCOUNT INFORMATION
Type of Broker : Market Maker
U.S. Clients Allowed :
Minimum Deposit : $200
Maximum Leverage : 1:400
Commissions / Spreads : Spreads
Account 1 : Standard
Account 2 : Premium
Demo Account :
Islamic Account :
Segregated Account :
Managed Accounts :
Institutional Accounts :
Deposit Options :
Withdrawal Options :
INSTRUMENTS TRADED
CFDs :
Commodities :
Metals :
Oil :
Gold :
Binary Options :
Indices :
TRADING PLATFORMS
Type of Platform : Web-based, CopyTrader, CopyFunds
Platform Languages : English
OS Compatibility : Windows, Mobile, iPhone, iPad, Linux
Trading Signals :
Charting Package :
Market Analysis :
Chart Trading :
Automated Trading :
Scalping :
Hedging :
Mobile Alerts :
E-mail Alerts :
Trailing Stops :
Guaranteed Stop Loss :
Guaranteed Limit Orders :
Guaranteed Execution :
One-click Execution :
OCO Orders :
Interest on Margin :
Web-based Trading :
Mobile Trading :
CUSTOMER SUPPORT
Website Languages : English

eToro Platforms

eToro offers two platforms: CopyTrader and Mobile trader.

CopyTrader

eToro’s unique and social platform. By using eToro’s CopyTrader, users can copy trades of experienced and successful traders by selecting them from the list of traders available on the platform. The best part is that eToro lets everyone see the trader’s name, trading score, and success/failure ratio along with their trading history so users can decide which trader they should attach their funds with. Clients can also use the “people search” tool available at the eToro’s platform by filtering their preferences.

CopyFunds feature has just been a new addition to the eToro’s trading platform. There are essentially two types of CopyFunds offered at eToro including market copy funs and top trade copy funds. Market copy funds contain assets having pre-evaluated trading strategies whereas top trader copy funds features successful investors on the platform. To manage each type of funds, a sophisticated algorithm is used.

etoro copytrader

Mobile Trader

A single app that makes all features available on a single interface. Works for both android and iOS, and helps you perform any action that comes to your mind using your smartphone or tablet.

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • BTCBitcoin(BTC)$3,747.272.86%
  • ETHEthereum(ETH)$138.1611.49%
  • XRPXRP(XRP)$0.3102782.85%
  • LTCLitecoin(LTC)$44.621.86%
  • NEONEO(NEO)$8.450.4%

Latest

Bitcoin Technical Analysis: February 17, 2019

The price of Bitcoin has been trading in $3 500-$3 700 range for a while and according to technical analysis, the downtrend is still...
US500 (S&P500)

S&P500 (US500) Technical Analysis: February 15, 2018

The index price of S&P500 (US500) slid down on Monday, decreasing the price to less than $2800 in pursuit of some major economic news...
GBPUSD

GBPUSD Technical Analysis: February 15, 2019

The Great Britain Pound (GBP) rose against the US Dollar (USD) on Friday which led to an increase in the price of GBPUSD making...

USD/CHF Technical Analysis: February 15, 2019

The USD/CHF is pressured currently by the poor US data, the US December Retail Sales weakened around 1.2%. Despite this, the US economy remains...

AUD/USD Technical Analysis: February 15, 2019

The AUD/USD is advancing supported by the poor US data, the US December Retail Sales weakened around 1.2%. The Aussie is also supported currently...