eToro Review

eToro
Up to $10,000 per month
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Overview

eToro harnesses the power of social media to offer an innovative concept in the forex industry. Through integrating social media functionalists to their platform, traders can share information, follow other traders, and use this to improve their success rates. This concept gives traders a great advantage in the market, and is only one of the reasons we rank it as one of the top Forex brokers.

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Details

Broker eToro
Website URL http://www.etoro.com/
Founded 2007
Headquarters Limassol, Cyprus
Support Number +357 2 5030234
Support Types Email:support@etoro.com
Languages English, French, Spanish, German, Russian, Italian, Chinese, Arabic, Turkish, Portuguese, Japanese, Polish, Greek, Dutch, Swedish, Finnish,
Trading Platform eToro OpenBook, eToro WebTrader, Mobile Trader
Minimum 1st Deposit $50
Minimum Account Size $50
Welcome Bonus Up to $10,000 per month
Leverage 1:400
Free Demo Account Yes
Regulated Yes
Regulation NFA, CySEC, ASIC, CFTC, MiFID, FCA
Commissions Yes
Deposit Methods Credit Card, PayPal, Neteller / 1-Pay, Skrill (MoneyBookers), WebMoney, GiroPay (available in Germany only), Wire Transfer
Withdrawal Methods Credit Card, PayPal, Neteller / 1-Pay, Skrill (MoneyBookers), WebMoney, GiroPay (available in Germany only), Wire Transfer
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 85/100

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Wide range of leverage available Superb interface platform Great videos for starters

Cons

  • No CFDs No Indicies

Full Review

eToro harnesses the power of social media to offer an innovative concept in the forex industry. Through integrating social media functionalists to their platform, traders can share information, follow other traders, and use this to improve their success rates. This concept gives traders a great advantage in the market, and is only one of the reasons we rank it as one of the top Forex brokers.

When it comes down to trading, eToro leads the way. In addition to their Social Trading tools, they allow initial deposits as low as $50 and offer a generous welcome bonus that can amount up to $10K/month. Once you begin trading, eToro offers educational tools, trading tips, and a broad selection of tradable assets with leverage of 1:400.

eToro is regulated by six different agencies (FCA, CySEC, ASIC, NFA, MIFID, and CFTC), and is committed to the highest standards of service, security, and transparency. As a result of this compliance, they are also allowed to accept U.S traders; a right reserved to few Forex Brokers.

Both making a deposit and withdrawing your earnings can be simply done by using major credit cards or by electronic payments such as Paypal, Neteller, Moneybookers, etc. In addition, an international staff of brokers, analysts, and customer service representatives are available 24/7 in virtually every major language.

If you’re looking for a forex broker with a fresh take on the industry, a rock-solid reputation, and tools to maximize your money’s potential while minimizing your risk, trading with this top forex broker is a wise decision

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