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eToro is a licensed European broker that provides thousands of clients with access to the Forex market. The main feature that distinguishes eToro from other brokers is a social trading network. In other words, every trader can see trade process of other eToro clients and their history of transactions. Moreover, eToro clients can copy deals of successful traders and use their algorithms for an additional fee. The company use WebTrader platform for trading.
eToro’s legal address is registered in the Republic of Cyprus. The company is governed by CySES, CIF, FCA, and MiFID.
eToro traders can invest in currencies, CFDs, stocks, oil and metals.
You can register in the system as a trader or as an investor. Investors have an opportunity to make their account public. If you have a public account, you can allow other users to see it, as well as start blogging or manage other accounts, which will bring you an additional profit.
I see that many people have joined eToro, so I'm interested in joining them. Right now everything is going well. Hopefully I can get the profit that I expect.
eToro has nothing good with its services and platform. I feel so guilty after I joined eToro for trading. I got the worst execution and $410 losses. I was unable to trade on their platforms due to slow execution. my order didn't execute huge slippage and the position got lose, even I can't close my order in the running market
I have colleagues from different countries. And most of them think that this broker is not good. Many bad influences for our money. And 3 months ago I had put my deposit of $ 8000. However, when my colleague gave evidence that this broker was very detrimental, I immediately withdrew all my money. Within two days I was straight out away of this broker.
eToro is quite popular all over the world. That is why I decided to open an account with them. However, I did not expect that they charge very high trading fees. It was so unreasonable because I can end up broker just because of their fees.
I traded with them for 2 months and I request to withdraw my funds $400 left, before I lose them all. I closed my account and move to another broker. I opened a live account with Trade com after I tried their demo account which worked fine. I deposited $500 with Web Money. The funds were in my trading account the next working day and I started to trade on their Meta Trader 4 platform right away. They have manipulated trading circumstances. Platform delays frequently. From a spread of 2 pips up to 5 pips during volatility times on EUR/USD, they aren't the lowest in the market.