Is eToro forex broker overrated? Discover the truth of the matter

Is eToro forex broker overrated? Discover the truth of the matter

Throughout my seven years of live forex trading experience, I have switched brokers over and over and researched different platforms with the ultimate aim of discovering the best trading platform that best makes actual trading quite exiting and uncomplicated. Through my close relationship with several other forex traders using various trading platforms, I have come to discover the best, ground breaking interface for forex trading available today. Etoro Forex trading platform today is clearly the winner as explained by my honest review below.

Brief prologue

Etoro, unlike several other brokers, currently parades the most advanced forex trading platform available in our time. It is the ideal platform for novice and expert traders alike with superb trade visualizations that make forex trading exclusively intuitive, interesting and exciting especially for new traders to get their first real forex trading experience. Etoro adopts a simple, yet very powerful approach to trading that puts all the right forex tools you truly desire right at the tips of your finger, generally providing the supreme forex trading settings for every existing and prospective trader.

Etoro trading platform

At the click of a mouse, Etoro trading platform can easily be installed. This can be done quite simply once and for all at the download page. However, another exciting thing about eToro is that the trading platform need not be downloaded. The web trader features enables real time immediate trade executions without necessarily initiating platform download.

Account Verification and Authentication

Several Forex brokers online require certain authentication documents to be submitted before an account can be verified and approved to carry out actual trading. This is not the case at all with eToro forex broker. Such documents are not necessarily required before live trading is allowed on an account. What this means is that you can actually begin live forex trading with your new account even though it has not been upgraded to verified status. The documents will however be needed to verify your account whenever you intend to make withdrawals from the money you have made.

Deposit Requirements

Etoro has a low margin requirement that enables you to start trading live forex with only $50! Amazingly, as a new account holder you will be offered up to $1000 in extra bonus when you make your first deposit. Etoro also provide diverse means of making deposit into your live forex account. You could use your credit card (visa, Master Cards and diners), PayPal, money gram, wire transfer, money bookers and western union. Money can also be withdrawn using any of the aforementioned means.

Account Safety

Etoro utilizes the most up-to-date ssl encryption technology that ensures your money will be safe and impossible to penetrate by any second party. Etoro's advanced approach combines all the advantages of the forex market, its scale, its liquidity and its extent of opportunity, with all the advantages of online technology in order to create a user friendly access to a massive and complex industry.

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