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eToro

eToro
SKU:
Brand: FX Brokers
Category: Forex Broker

  • Platform
    Metatrader4 (MT4) (eToro USA - min deposit $20 000),

  • Min deposit
    $50

  • Min lot
    0.01 lot

  • Spreads
    3 pips

  • Broker Type
    STP

  • Regulated
    CySEC, eToroUSA: NFA, CFTC

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

eToro is a Forex Broker . It started opening it’s doors to clients in 2007 , establishing it’s offices in Cyprus , United States, United Kingdom. eToro (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $50.

eToro offers accounts in: USD Account with fixed spreads. The lowest spread offered in EuroDollar is 3 pips.
It’s platform (MT4 Desktop (eToro USA – min deposit $20 000), ) can be traded on Desktop| , it offeres a Personal account manager feed. The platform is set on GMT and it offers a 4 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 400 : 1 Standard Account

On it’s platforms: MT4 (eToro USA – min deposit $20 000),, you can set No Trailing Stoploss, OCO orders, One click trading, furthermore it offers Mobile trading, Webtrading and 31 fx pairs. Among the foreign exchange products you can also trade, Gold, Silver, Indices, Commodities, Energies, Stocks.

eToro (Forex Broker) is regulated by CySEC, eToroUSA: NFA, CFTC, and is a Independent broker, and also introducing broker for IC Markets – in Asia Pacific, FX Solutions – in US..

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Credit Card, PayPal, Skrill, WebMoney, Neteller, Giropay, Inatec Payment AG, Worldpay, Wirecard, China UnionPay, 1Pay, Yandex Money

Withdrawals from your FX account:Bank Wire, Credit Card, PayPal, Skrill, WebMoney, Neteller

Please take the opportunity to review eToro, your feedback is appreciated.

 

eToro - Specs

Broker

Broker Type STP
Broker Country Cyprus
Regulation CySEC, eToroUSA: NFA, CFTC
Indipendant Broker Independent broker, and also introducing broker for IC Markets - in Asia Pacific, FX Solutions - in US.
Year in Industry 2007
International Offices United States, United Kingdom

Account

Accept US Clients Yes
Mini account deposit $50
Standard account deposit $50
Trading account currency USD Account
Leverage Account 400 : 1 Standard Account
Minimal size lot 0.01 lot
Leverage Mini account Mini Account, Standard Account

Payments

Funding method Bank Wire, Credit Card, PayPal, Skrill, WebMoney, Neteller, Giropay, Inatec Payment AG, Worldpay, Wirecard, China UnionPay, 1Pay, Yandex Money
Withdrawal method Bank Wire, Credit Card, PayPal, Skrill, WebMoney, Neteller

Costs

Commissions no
Costs & Spreads fixed
Costs/Lowest spreads on EURUSD 3 pips

Trading

Premium trading Personal account manager
Scalping no
Hedging
EAs allowed no

Platform

Trading platform type MT4 Desktop (eToro USA - min deposit $20 000),
Platform time zone GMT
Decimal pricing 4 digits
Trailing stops No Trailing Stoploss
OCO orders OCO orders
One click One click trading
Mobile trading
Webtrading
API Solutions

Products

Currency pairs 31 fx pairs
Gold Silver Gold, Silver
CFD Trading CFD trading
Other instruments Indices, Commodities, Energies, Stocks

Other

MAM PAMM LAMM no
Managed Accounts No
Swap free accounts Yes
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests Yes

eToro - Reviews

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  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection

eToro - Videos

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