Etoro review
eTore is situated in Cyprus and holds a position on the Forex market since 2006. Their
goal is to simplify the Forex trading and open a trade platform suitable to everyone,
beginners and professionals, interested in Forex trading.
eToro proves that the Forex Market can be both fun and challenging. Therefore, it isn’t a
suprise, that eTore makes more and more people join the Forex market. In fact, eToro just
started and with 50,000 traders on their platform, we are curious about the future of this
programme.
Spreads eToro (costs)
eToro provides you with very attractive spreads. Compared to their competitors, eToro
offers you very competitive spreads of about two pip.
As a trader, the spread of a broker is the most important factor for you. The spread is, after
all, the difference in bid and ask price. Therefore, a lower spread means a better outcome,
as your costs are lower. So, a Forex broker with a low spread is your first profit.
Despite the very user-friendly software, eToro’s programme can feel a bit inconvenient
when using it for the first time. To support you, we uploaded a video, covering the trade
system and functions within the software. When you are about to download the software,
you might find it interesting to watch as well.
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Deposit options
| Neteller, Creditcard, Bank transfer and Paypal.
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Free demo accounts
| Yes, unlimited practise money.
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Bonus for new clients
| Up to $1000
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The spreads
| Two pipes for the most currencies.
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Minimum deposit
| $50 is the minimum.
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Maximal leverage
| 400:1
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