Etoro


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Summary
eToro is an Israeli multi-assets and social trading brokerage platform founded in 2007 by Yoni and Ronen Assia in partnership with David Ring. eToro allows users to purchase, invest, sell, and trade stocks and all sorts of cryptocurrencies and commodities. With more than 11 million users subscribed to the platform and about a thousand employees working in any eToro’s five locations around the world, the company has established itself as the leading trading platform around the world. If you are looking to invest, learn from popular investors, and make money sharing your money-making strategies, eToro is for you.
Features
eToro is known for its varied array of options you can take advantage of, including social trading, 0% commission stockbroker, investment management, copy traders, online Forex, and even CFDs.
eToro’s platform is extremely easy to use and provides users easy access to every movement and transaction, thanks to the graphics, lists, and other representations displayed. Its intuitive platform allows newbies and pros to access all features without a problem, making the entire trading experience a lot more enjoyable.
The company’s trading market is widely varied, allowing users to trade almost anything, from stock to cryptocurrencies, stock indices, ETFs, currencies, and even commodities like oil, platinum, or gold. This option help users to build a varied trading portfolio for future trading activities.
Thanks to eToro’s low and transparent fees, making a deposit or withdrawing the profits is easy to do, as the platform allows both transactions to be made using wire transfers, credit cards, and even crypto wallets. To withdraw regular currencies, the minimum withdrawal amount is $50 and the platforms charge a fixed $25 fee for every transaction. To trade commodities like sugar, platinum, aluminum, and even natural gas, each commodity has its own trading fee, so it’s important to have the fees’ list at hand prior to any exchange. On the other hand, when it comes to trading stocks, eToro’s 0% commission is a huge added bonus.
eToro’s copy trading feature allows users to copy every move that more experienced traders make in real-time. Also, to encourage advanced traders to keep the good work, eToro offers them the Popular Investors Program, which will allow them to earn a commission for every platform user that follows their lead.
eToro’s copy portfolios feature helps newcomers to start investing using predefined portfolios for common products and currencies like medical cannabis, stocks, and even newly released tech-savvy prototypes.
Terms
eToro’s $10 monthly inactivity fee will be charged after leaving the account inactive for more than 12 months. Although the inactivity fee applies as long as you have active funds in the account, it will stop completely as soon as you log in.
Trustworthiness
eToro’s is authorized by top European regulators that add trustworthiness to every transaction made on the platform. Also, the company respects your data and personal privacy, securing your information and never disclosing it without your permission.
According to many users, eToro’s reputable image is backed up by their eagerness to keep your money safe in the best banks in the world to avoid fraud attempts and losing money. On the downside, eToro’s exchange process is slow and pricey, so go at your own risk.
Conclusion
Thanks to its vast array of services and features, high revenues, and easy-to-use platforms on both browser-based and mobile versions, eToro is a great social trading platform to use. If you are starting to invest in Forex, the stock market, or want to make more out of cryptocurrencies, eToro surely worth the shot.
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