eToro Openbook Trading Stocks

The eToro platform offers an excellent base for beginning, intermediate and experienced forex traders. Founded in 2007 in Lissamol, this trading broker uses social networking in a positive way to assist traders at all levels.

Connect with traders and investors – copy their trades

It is the social networking aspect that makes eToro one of the most popular available. Inexperienced traders can follow along and learn from those with more experience. The graphics also make it easy for beginners to learn what is really going on in the trading world, although some more experienced users report finding these features a little annoying. With eToro you can learn as you earn.

eToro forex community

The essence of eToro is the community. Interaction with other eToro users makes it possible to learn, discuss, and grow. While etoro offers a demo account for beginners this is really not necessary as users can simply copy a trader they see as a good option. Essentially, new users are encouraged to See (what others are doing), Follow (those who seem to be doing well) and Copy (what others are doing). This is an efficient and great way to learn the art of online forex trading. New users can use the GuruFinder search, or simply join the community and jump in. The Guru programme also allows experienced traders to earn extra money. New and experienced traders alike that takes the time to learn trading are doing better.

Trading forex on your mobile phone

Another advantage of eToro is that it can be used on any mobile device. This means a trader can be in touch with what is happening at all times. All major social sites are also supported including Facebook, Twitter, Linkedin, Google+ and You Tube. Traders can also view the well maintained blog site.

Free training courses and videos

For beginners eToro offers a number of free training courses and videos that help the user understand not only the platform but also some of the intricacies of trading. Working through these courses while interacting in the community leads to a deeper and faster understanding of the trading world. Using the CopyTrader option can also give new traders confidence as they learn the ropes and removes the fear that can often accompany new and intermediate forex traders.

Easy registration

Registration with eToro is very simple, and a $100 is the minimum fee to begin trading. From this point users can simply choose how much to use with each trade. The interface is user friendly and clear, concise tutorials are available. Users are also able to set various risk categories making the Stock site suitable for traders at all levels. Site support is available during weekdays.

A total of 16 currency pairs are available on eToro so users can choose from these along with trading in gold and silver. Compared to other trading brokers eToro offers a relatively high spread which keeps many experienced traders in the community.

eToro – Social networking, for anyone interested in forex

While not for everyone, eToro has excellent reviews as a forex trading site. Its main selling points are its superb social networking advantages and well thought out training and support for all levels. For anyone considering beginning forex trading, or for those wishing to make more from their skills eToro is well worth considering.

Disclaimer: This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor
accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can
afford to take the high risk of losing your money. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected
if something goes wrong.
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Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.