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eToro Review

eToro is the world’s largest social trading and investment network. It boasts over 1.5 million customers in more than 130 countries across the globe, including Australia, Canada, India and indonesia as well as thousands of new trading accounts created daily. etoro broker pioneers the social trading and forex trading development having launched a community powered network, which allows any eToro trader to view, follow and automatically copy the trades of the experienced traders online to make money with the broker easily. etoro forex broker sees its mission in opening the international financial markets to any individual trader and making the markets easily accessible due to transparent and user-friendly mode of trading currencies, indices and commodities online. eToro’s network is based on a wide range of advanced web-based and mobile trading software suitable for any level of trading experience. The etoro trading platform simplifies data exchange between traders, speeds up sharing experiences and reduces the period of learning for traders who want to bring their trading techniques to a higher level. etoro rating is mainly quite high in the opinion of traders throughout the world. etoro USA offers its services to USA citizens.

etoro forex features advanced and revolutionary currency trading software that enables FX beginners to easily enter the exciting world of forex trading via a user-friendly interface and a highly customizable platform. Trading software provided by eToro gives a visual representation of transactions, which helps intuitive trading a great deal; at the same eToro brings together social and promotional features such as traders’ community chat and trading contests. Metatrader and webtrader include charts  and calendar  and are available in a practice account mode and demo account mode. The app is available for android and ios. The minimum deposit is 50 dollars. The broker does not offer other instruments such as gold and futures.

eToro claims to have resolved the most serious obstacle known by the majority of the existing financial platforms, namely, how to meet the needs of the inexperienced traders. Broker does this by offering unrivaled user-friendly conditions to the clients thus simplifying their way into the world of finance. eToro social trading network provides that the trades are depicted in a simple and comprehensible graphical visualization. Along with this, the broker offers online tutorials, 24/7 customer support and easy communication via the built-in platform forum and chat. The additional features of the broker are affiliate program, promo code, partner program and various cashier bonus offerings.

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eToro — Forex Boker information

Status No status
Broker type Broker, ECN
Traders reviews 1 Review
Foundation 2007
Regulation CySEC, ASIC, CFTC/NFA
License CySEC, 109/10
Languages English, Spanish, Chinese, Japanese, Arabic, Italian, German, Greek, Russian, French, Turkish
Support phone 1-866-350-0881
Address Angelica Court 2 - Flat 203, Ambelakion 20, 4046 Germasogeia, Limassol
Offices in British Virgin Islands, Cyprus, United States
Headquartered in Limassol

Forex Trading information

Accepts US traders Yes
Trading conditions Min. deposit: $50
Leverage: 400:1
Commissions: 0
Free trial: Yes
Pip Spread on Majors: 2
Trading platforms eToro Trader
Other trading instruments
Leverage 400:1
Pip spread on majors 2
Minimum position size 0.1
Digits after the dot in quotes 4
Spread Type Fixed
Min. spread 2
Margin call level, %
Stop-out level, %
Minimum distance to stop/limit orders, pips
Guaranteed stop loss No
Guaranteed limit orders No
VPS for traders
Rebates per 1 standard lot, $
24 hour trading Yes
24 hour support Yes
Mobile trading Yes
Trading by phone Yes
Automated trading Yes
One-click trading Yes
Hedging No
Scalping No
Swaps No
Pending orders No

Forex Account information

Payment methods Credit Cards, PayPal, Wire Transfer
Account currencies EUR, USD, GBP, JPY, CHF
Mini account, $ 50
Standard account, $ 50
ECN account, $ 1000
Institutional accounts No
1st deposit bonus 15% bonus on your first deposit each month (up to $2,000)
Commissions No
Demo account Yes
Bonuses, Promotions Yes
Forex contests, competitions Yes
Free education Yes
Daily analysis Yes
Expert advisors No
Trading Signals No
Partnership programs No
Affiliate program Yes
Trust management No
Personal manager No
Managed accounts No
Segregated accounts Yes
Interest charges on the balance No
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eToro Reviews

  1. eToro’s social trading network is something fabulous. When I have just come to the forex market I had no ideas how to trade and what to do. But I started from copying trades of other traders and by the way of magic they very mostly successful. Nowadays I can trade myself and even my trades are being copied by other novices.

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