eToro is one of the online trading platforms that many are using, whether a new or experienced trader, many are enjoying the provided features. If you have interests in starting your career in online trading, here is an eToro review to guide you before you start.
eToro Overview
eToro is one of the largest online trade-off platforms in the world. It was founded in 2007 with over 8 million users and various markets to trade. It is regulated by ASIC, CySEC, and FCA. You can start with an initial deposit of $200.
Copy Trading
According to eToro reviews, a feature that they find most useful is the Copy Trading, which allows you to copy trades of successful traders in the platform. You can select from many traders online, and you can simply click on the profile and copy. By doing this, you allocate a portion of your funds to that trader, meaning that you will profit whenever your trader profits.
How To Start?
To start your eToro experience, you just need to do the following:
Register An Account
The registration is easy, and it’s free. Once done, you can start first by trading your virtual money, which can help you be comfortable in trading and hone your skills.
Make A Deposit
You can start by making a minimum deposit of $200.
Copy Traders
Though you can also open your own manual trades, it is recommended that you copy trades of experts to help increase your success rate in this field. You just need to learn about who you should copy.
Market Reviews
One of the best highlights of this platform is that it has one of the broadest selection of assets that you can trade. eToro provides stocks across the globe, new cryptocurrencies, and significant forex pairs. Here are some of them:
Commodities
You can sell oil, silver, gold and several other products.
Forex
eToro offers all the major forex pairs.
Stocks
eToro offers leverage for you to be able to trade stocks from various markets worldwide.
Cryptocurrencies
eToro added cryptocurrency a few years ago, which allows you to trade Ethereum, Bitcoin, Dash, Ripple, and a lot more.
Conclusion
eToro can provide you with ways to earn money. You just need to understand how the platform works and you can have a successful online trading career. Aside from that, you can avoid eToro scam if you have an idea of what eToro is all about.
