eToro Review

eToro
$20 no deposit bonus
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Overview

eToro social trading Social Trading got a new meaning since the release of eToro’s Openbook social trading software. Via eToro Openbook you can browse traders with a certain succes rate… more

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0/5

Details

Broker eToro
Website URL www.etoro.com
Founded 2006
Headquarters London
Support Number +357-2-5030234
Support Types phone, fax, live chat, email
Languages English, French, German, Dutch, Arabic
Trading Platform eToro Openbook, eToro Webtrader, Copy.me, Android App, Mobile Trader
Minimum 1st Deposit $50
Minimum Account Size $50
Minimum Trade Amount $5
Maximum Trade Amount $10,000
Bonus $20 no deposit bonus
Payout within 5 business days
Leverage 10:1 to 400:1
Spread 1-2 pips
Free Demo Account Open Demo
Regulated Yes
Regulation Regulated by CySEC
Commissions Yes
Commission Info No hidden commissions or fees
Account Types demo account, real money account
Deposit Methods wire transfer, credit card, Paypal, Neteller and Skrill/moneybookers
Withdrawal Methods wire transfer, credit card, Paypal, Neteller and Skrill/moneybookers
Trading Methods social trading, forex trading, CFD trading
Number of Assets 3000+
Types of Assets forex, commodities, stocks, ETF's, CFD's and indices
Trading Currency all major forex pairs, most minor forex pairs and even exotic ones like USD versus Bitcoin
Account Currency eToro accounts are fundable by euro's,dollars and pounds
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 6.8

Full Review

eToro social trading

Social Trading got a new meaning since the release of eToro’s Openbook social trading software. Via eToro Openbook you can browse traders with a certain succes rate for instance a minimum profit of 300%, a maximum drawdown of 10% or other criteria.

How does social trading work on eToro?

What you have to do, is select successful traders from the available traders to follow and ‘copy’ their actions on the financial markets by ‘following’ them. When you choose a trader to ‘copy’ you can choose with how much money or percentage of your available trading balance you want to do so. The social trading software automatically opens and closes traded the same moments the ‘followed’ trader does so as well.

If you are a professional trader yourself you can begin building your reputation by having other traders follow you. eToro has a top 100 leaderboard containing worlds top traders and most followed traders and each of them gets a commission for belonging to the top. Most often this commission is paid out in bonus money and bonus stocks.

eToro no deposit bonus coupon

At the moment every new trader that wishes to try eToro receives a free $20 no deposit bonus coupon to try social trading at eToro out with for free. Whenever you feel like trading with real money on the eToro social trading platform you can deposit funds using your credit card, conducting a wire transfer or make a deposit with Paypal, Neteller or Skrill/Moneybookers from $50 upwards.

✓ $20 free no deposit bonus social trading coupon

✓ Copy other traders and don’t make decisions yourself

✓ Many types of financial assets available

✓ Reliable and regulated social trading broker

✓ Available on smartphone and tablet

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Pros

  • $20 free no deposit bonus social trading coupon
  • Copy other traders and don't make decisions yourself
  • Many types of financial assets available
  • Reliable and regulated social trading broker
  • Available on smartphone and tablet

Reviews

  • User experience:

    1.5
  • Platform:

    2
  • Reliability:

    1
  • Customer Service:

    1.5
  • Payouts:

    1.5
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(2 Reviews)
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Decleration:
I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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