Category: Broker Review
Thursday 29-03-2012

Exclusive letter

Currency Trading became a well-known topic within the financial industry.

Usually we will find people calling this type of trading as “Forex”. More and more individuals are looking for alternative ways to invest and let their money work for them. There are many financial vehicles that offer increasing your portfolio. When it comes to Forex, individuals have to consider that there are no miracles and they should take this type of trading very serious if they are willing to gain profits. It might be very difficult to decide with which Broker one should open an account and personally I recommend doing the following:

  • Surfing the internet for reviews like this and to read several from different sources. Please note that there are reviews that are written by active traders and reviews that are written by affiliates. I recommend going through both types
  • Asking traders in forums about their experience with brokers

I really recommend investing the time before deciding about the Broker to start with as it will pay you off later.

To make it easier for people to take a decision about the company, the following is a summary table of our point of view of the trading platform Review Details

Trading Features of Etoro
Official Logo
Visit Official Website
Min. Deposit Amount 100 USD
Min. Size of Trade Micro lot 0.01
Forex Products (Non-currency) Commodities, Indices, Stocks
Traded Currencies All Major Currencies
Spreads Starting at 2 pips
Charges and Commissions
No Commission on trading? (Commission free)
Are deposits & withdrawals commission free?
Trading Features on Etoro
Currencies allowed for deposits USD,EUR, GBP
Currencies in accounts? All Main currencies
Fast Sell/ Buy? Yes
Stop Loss on rate? Yes
Operating Hours
Open to Customers 24 / 7 Web Access, Online Customer Support. Monday to Friday, 06:00 to 22:00 GMT.
Trade Hours Close: Friday @ 21:00 GMT, Open: Sunday @ 22:00 GMT
Trade outside usual trade times Not Possible
User Interface
24 / 7 Access
Customer Support Email, Phone, Live Chat, Live Webinars, Offline training courses
User Friendly? Yes
Online Trading available?
Web Interface?
Website Languages available? 20 : English, Portuguese, Spanish, Chinese, German, Italian, Russian, Arabic, Polish, Czech, Dutch, etc,
Etoro Tools Available
Demo accounts
Online Training Personal Account Manager
Withdrawals & Deposits
Profit withdrawal commissions? No
Credit Card account fund withdrawals?
Deposit Services PayPal, Money Booker, All Credit Cards, Liberty Reserve, Wire Transfer, Fast Bank Transfer, Web money, Moneybookers, Neteller, MoneyGram, Cash U
Data Safety & Conduct
Trade Security

We believe that the supplied information about will be used for you in your selection of a forex broker.