The Forex market is growing and with it, so is the number of Forex brokers. But, there are some names you will always hear mentioned among the market’s leading brokers.
Some of these leading brokers offer the most advanced trading platforms, others the best customer service, and then there are a few brokers that offer the best all around experience for their customers.
eToro is one of those brokers.
It is very clear when examining every aspect of the Etoro experience that they had the end user in mind. Their website is clear and simple to use.
All the information a trader would have to go digging for on most other broker sites is right there in front of your eyes when first accessing Etoro.com.
Etoro is known primarily for their trading platform, which focuses on simplifying the trading experience. Etoro developed a revolutionary platform that makes a
user friendly visualization of the trading arena in the platform’s beginner mode, and an ultra innovative interface for expert traders as well.
The Expert mode includes one click trading enabling traders to activate trades in one simple click on the requested currency.
The Expert mode also includes trade history, charts, and the ability to manage trading orders. You can also read the latest Forex news and view an
updated calendar of the latest market events. All this from within the platform itself.
Etoro offers their platform in a downloadable format as well as a Web based environment, which allows flexibility for traders with different needs.
Funding your Etoro account is consistent with the trading experience, ie it is simple and user friendly. You can fund your account using the standard credit card,
wire transfer, Paypal, Neteller, Western Union, MoneyGram, and Webmoney.
Etoro supports all the major currency pairs with a spread of as low as 2 pips for the majors. You can also use the Etoro practice account before trading real money and with one click, start the actual trading with as low as a $50 initial investment. The maximum leverage Etoro support is 400:1, which is the highest I have come across with any Forex broker. In addition, Etoro allows you to trade with a few different base currencies in addition to the US dollar.
Etoro also offers a commission free trading experience, as well as all the vital features found in most trading platforms such as Stop Loss, Take Profit, and much more. There is also support for various commodities, and a top notch customer support infrastructure. In addition, Etoro focuses a lot of energy on their community with advanced social features found in both the trading platform and Etoro’s websites. Some of these features include chat, forums, a designated Forex blog, a top traders insight, as well as various trading contests between Etoro members.
In summary, Etoro has made a name for itself with its game like beginner platform, but there is a lot more to Etoro than what people know. Their all around service is par excellence and their
trading tools help make Etoro into one of the top brokers in the overpopulated space of Forex brokers.
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