eToro Review
eToro claims to have found an innovative new kind of Forex trading platform which haven’t been seen before. The trading software shows the Forex markets in graphic illustrations that look like games.
Is eToro’s innovative trading platform just a scam or gimmick for beginners? Or is it a simple to use and reliable Forex trading platform for all type of Forex traders? Read on to find the results of the eToro review.
eToro Company info
eToro’s head quarter is based in Limmasol, Cyprus. The company has been founded on 2006 and is funded with $1.7 million. They support centers in 10 different countries.
Their domain name eToro.com has been registered in November 2004. For more information about eToro you can search the BBB.
Consumer Feedback, Reviews, Complaints and Comments
EToro gets a lot of good customer feedback from trading beginners who love the easy trading interface in the form of a Forex game. They report that the software is easy to install and runs fast and stable.
The customer support was rated as excellent.
Cons: The feedback I collected is primarily from novice Forex traders.
What service does eToro offer
eToro provides the following online trading services:
- Minimum deposit: $50
- No commissions
- Spreads on major currencies: 2-4 pips
- Payment options: accepts bank wire, credit card and Pay Pal
- Demo account available
- Customer support from 6am - 10pm GMT
- Visual trading software: Trades are depicted through various creative representations, trade activity can be followed with ease.
- Chat function: real-time discussions of signals with other traders
- No Metatrader support
- 10 languages are supported (including English, Spanish, French)
The Verdict
eToro is an innovative Forex trading platform & broker that is well suited for novice Forex traders and traders who like a simple to use interface.
Very good customer support. No commissions are charged and the software is fast and reliable.
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