Investing does not have to be hard. If you have money you can lose, eToro can be a great solution for you. We will be talking a little bit about the things this trading platform can do for you so you can make your money grow safely at all times. So read on if you want to find out more about this opportunity that might change your life if you know what you are doing.
Who is behind this Broker?
Etoro gets its brokering services from eToro Ltd. This is registered CIF or Cypriot Investment Firm. The registration number of this company is HE20058. So you can use this number to find more information about them online if you want to. The CySEC regulates the operations of this Forex broker under a famous license, the 109/10. The FCA regulates the activities of Etoro in the United Kingdom. The firm`s reference number is 583263. Both eToro LTd. in Europe and eToro Ltd. in the UK both comply with and operate under the famous MiFID.
- What sort of trading do they offer? EToro offers what is called social trading. In this type of trading, you will be following what others are doing. if they are doing well, you can copy their strategies in no time so you can have fun right away. - What trading platforms are available/supported? You will not be using Meta Trader4 with eToro and instead, you will harness the power of the famous eToro OpenBook. This app is not about indicators and charts but about portfolio statistics. You will also get tons of trading signals from the famous Social Alerts. - What type of accounts are available? You can get a free and a paid account.- Deposit and withdrawal options? The minimum deposit is $50. You can fund your account even with PayPal. But you can also use MoneyBookers, credit cards, Neteller and Webmoney. A wire transfer can also be used, but you will have to make a minimum deposit of $500.- Do they offer free signals? Bonuses? Other special features? EToro does not seem to offer free signals, but you can get a weekly update about Forex for free. You will get a $100,000 free virtual account upon signing up.
- You will manage to invest in a wide array of sexy things such as Ripple, Ethereum and Bitcoin.- This is the smart investment vehicle that you need to get today.
- You might not have the money to make the minimum payment.
What are the advantages and disadvantages of this broker?
One of the advantages of eToro is its easy-to-use trading platform. One of the disadvantages is that you might not have the money to make the $50 minimum payment.
Etoro is very well regulated. This investment platform has been around for a long time, and they are also very well regulated. You can easily find information about them online, and they seem to be doing the trading job pretty well. Remember that you can use eToro to follow other traders so you can get what you need in no time. This trading platform is here to stay for a long time.