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- eToro
eToro
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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
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
eToro - Videos
