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Onorio Review – Demo Account – top 100 Broker ?

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Onorio Forex Broker Review

Onorio Logo

Onorio Logo

Description

Onorio is a broker that was established in 2020. It serves clients from all over the world through its two branches in London and St. Vincent and the Grenadines. It offers a wide range of instruments, such as:

  • Forex
  • Metals
  • Energies
  • Cryptos
  • Stocks
  • Indices

Broker Specifications

Company Onorio
Website https://onorio.live
Broker type STP
Leverage 1:200 max
Minimum deposit 250 USD
Negative balance protection Yes
Regulations None
Trading platforms Webtrader. desktop and Mobile
Payments Wire transfer, Debit Card, Skrill, , ETH, BTC,
Min lot 0.01
Country Saint Vincent and Grenadines
Established in 2020
Number of instruments 350+

 

Onorio Broker Review

Onorio is an  Forex brokerage. , Onorio maintains segregated accounts for clients. Client safety is assured by way of rigorous auditing and standard AML and KYC compliance protocols

Overview/ background

Onorio is one of the leading providers of Forex trading services in Europe. Clients can enjoy lightning-fast trades on their webtrader. Onorio is renowned for its wide range of Forex trading services. At the time of writing, this online brokerage offered 40+ Forex pairs, including major pairs, minor pairs and exotic currency pairs. Clients can enjoy deep liquidity and trades with spreads with highly competitive rates.

Popular currency pairs include EUR/USD, AUD/USD, GBP/USD, and USD/JPY. Additional benefits for Forex traders include decent leverage (400:1). The no dealing desk accounts at Onorio offer full transparency of services in a global network of FX trades. There are 4 unique account types available to traders including ECN accounts and RAW accounts. Over three dozen currency pairs are available from Monday through Friday across multiple Forex markets.

 

Account Types

Onorio Accounts

Onorio Accounts

There are Four primary account types at Onorio . These include the Live Account, and the Demo Account. FX traders can open a live account in under 5 minutes, by submitting a few details such as: first name, last name, telephone number, email and individual/company, utility Bill (prove of residence) . Further details are required, followed by verification of data. The FX demo account does not require any additional registration, but once you have entered your account details, you can be up and running.

 

Onorio Trading Platform/ software

Onorio Trading Platform

Onorio Trading Platform

 

Onorio provides the software platforms for Forex traders. there is the WebTrader, Mobile Trading Apps, and desktop. These trading platforms and the software that they run on are geared towards lightning-fast trades, stability, and maximum functionality. Among the many benefits of using this software are the following:

Onorio Multifunctional Online Trading Platform

Trade from a browser of your choice, on your preferred device with no OS preference (Windows or Mac), without the need to download additional software.
The trading platform, which functions exclusively via the web browser, enables simple, fast and straightforward access to worldwide trading. The web-trader characterizes speed.
It offers the advantage of trading from anywhere – whether from home, on the road, or even abroad.
All you need is an internet connection and an up-to-date browser to discover the benefits of trading with ultra-fast execution speeds with access to real-time price quotes, with no re-quotes or third-party intervention.
The Onorio Web Trader web-based platform is exceptionally user-friendly, offering an intuitive trading experience for traders at every level, including the absolute beginners who have never traded before.

Onorio Web trader Benefits

    • Trade Forex, Cryptocurrencies, Share CFDs, Indices, and Commodities
    • leverage up to 100:1
    • RAW Pricing and no re-quotes
    • Ease of trading (no download required & starts in seconds)
    • Trade from anywhere
    • One-click trading
    • Multiple order types
    • Real-time price quotes
    • Online support 24/5 & Personal Account manager
    • Multiple language support
    • Fast and reliable HTML5 technology
    • Traders Trend feature

Onorio Mobile Trader

with the Onorio Mobile Trader, which is fully compatible with both Apple and Android devices.

Our Onorio Trading Application is a high-tech Forex app developed by Financial and GUI specialists that has the most user-friendly interface for online trading and investing in the financial markets.
This powerful mobile app for online trading was designed to boost your trading experience regardless of if you are a beginner or a pro.
The global markets are always moving, and so are you.
For those traders that look to Keep the financial markets at their fingertips and react to sudden market movements in real-time, the Onorio Mobile Trader is the answer.
Onorio Trader allows for cross-device trading, which means you can open a position on your desktop and close it on your mobile phone.

More Mobile Trader Advantages

  • Support for both iPhone and Google android mobile handsets
  • Open, close or modify a position in seconds on your live trading accounts
  • Advanced charting tools and technical indicators.
  • A wide choice of currencies, cryptocurrencies, stocks, commodities and indices
  • Real-time, accurate streaming market price quotes
  • Immediate execution of multiple order types

Deposit Fees And Options

A convenient method to save on currency conversion charges is opening a multi-currency bank account at a digital bank.

Deposit options at Onorio include a number of credit cards, debit cards, bank wire transfer methods and cryptocurrencies.

Range of Markets

Onorio Range of Market

Onorio Range of Market

Besides FX currency pairs, multiple other markets are currently supported including indices trading, commodities trading and cryptocurrency trading. The following financial instruments are available under each category:

Forex trading – AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD, CAD/CHF, CAD/JPY, CAD/SGD, GBP/CHF, GBP/CAD, GBP/AUD, EUR/USD, EUR/SGD, EUR/JPY, EUR/CHF, GBP/JPY, GBP/NZD, NZD/CAD, NZD/JPY, NZD/USD, USD/CAD, USD/SGD, USD/NOK, USD/CNH, USD/CHF and many others.

Indices trading – SPA200 DAX30, SP500, FTSE 100, ASX S&P 200, China A50, Hang Seng Index, NASDAQ 100 and others.

Commodities – gold, silver, oil, natural gas, and soft commodities.

Cryptocurrencies – Bitcoin (BTC), Ethereum (ETH)

Shares – Amazon, facebook, aliexpress, General Motors and many others

 

Bonuses

Onorio offers multiple promotional offers including a  friend referral bonus.

most of the real promotions thou are for the higher accounts , like the VIP account holder received a 200% deposit bonus and the Platinum account holder receives 100% deposit Bonus

 

Customer Support

 

he Onorio team is committed to providing 24/7 customer service.
For all questions, security issues, product related inquiries and business proposals please reach us at [email protected]

 career

they’re looking for experienced traders, engineers and marketing talents.

Send an email with a subject ‘Job application’ to [email protected] with your CV if you’re interested in joining Onorio team.

 

Ease of Use

Onorio offers forex traders complete transparency in all dealings. Besides FX trading, there are multiple other assets to trade include commodities, cryptocurrency, indices and more. Each category of financial instruments is listed clearly on site, and drop-down menus make it easy to use this broker. Multiple tools are provided, including a comprehensive education section for newbies and established traders. The presence of a demo account is a great way to learn to trade online, before you switch to a real money account.

 

Final Thoughts

Onorio offers web, PC, and mobile access to the currency markets. These world-class trading platforms are the gold standard in the FX industry. Onorio easy to use, and there are plenty of bonuses and promotional offers to keep clients happy. their range of Market is good and the rates are competitive , in short this is a good brokerage to start your trading with and for the more seasoned traders there is enough that would make this a worthwhile option

 

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Broker Reviews

NSFX Demo Account Review | 2018 Must Read |

NSFX best forex demo

NSFX Demo Account Review

 

NSFX Demo Account ReviewThere are brokers that work without making too much noise but are at the same time one ofthe top brokers in the industry?

 

 

 

 

NSFX.com is worthy of your consideration, even though they just opened their doors for business in 2012.

The firm is subject to some of the strictest regulatory compliance regimens on the planet, and it has taken specific steps to segregate your deposits in Tier-1 banks in separate accounts, far from their operating capital.

Financial professionals that understand the business and know how technology can reshape the competitive playing field founded NSFX.com in 2012.

The firm has operating licenses issued by the Malta Financial Services Authority (The MFSA), files monthly compliance reports with major regulatory bodies, and is in full compliance with the European MiFID (Markets in Financial Instruments Directive), the FSA, and many other regulatory bodies across Europe.

The company distinguishes itself, however, in its approach to technology.

They use the Metatrader 4 line of products, but they have gone one step further, utilizing the best, designers, software developers, and analysts to create an innovative framework not seen from other brokers. The term their new approach as “MyNSFX”, defined as “a unified client and partner management console that incorporates the trading platform with every tool no more than one click away and is fully integrated into the core system.”

PURE ECN: NSFX offers Electronic Communication Network technology, which seeks to guarantee that traders always trade under the best trading conditions.

The firm’s obvious goal is to immerse you in the next generation of forex trading.

NSFX Beginners’ and Customer Support

The NSFX.com website may be viewed either in English & Arabic. An account manager is assigned to each new account, and customer service representatives are available “24/7” that speak each of the above languages with the exception of Turkish.

The Trading Academy is also free and is full of resources that will benefit beginner and veteran alike from learning the basics to developing complex trading strategies. There are weekly webinars on all aspects of trading and a vast library of video tutorials.

they have an very extensive academy for the new traders, this part they offer a video Course.

FX Video Courses  | NSFX Demo Account Gives access

Features of NSFX

Why trade with NSFX.com? The firm lists these reasons:

  • NSFX is in compliance with all major regulatory agencies across Europe;
  • Client deposits are 100% segregated in Tier-1 bank accounts, separate from the firm’s operating capital;
  • The firm has partnered with Barclays, CitiFX Pro, UBS, Bank of America and Deutsche Bank to secure the stability, safety and liquidity that only large banking institutions can provide;
  • Negative balance protection is provided on all accounts;
  • Trade 70+ currency pairs, choosing fixed or variable spread trading methods;
  • Trade from any device with the company’s proprietary trading platform or use one of the many MT4 trading offerings for either traditional or ECN type trading efficiency;
  • Leverage varies by platform choice but can be as high as 200:1;
  • Spreads can be as low as 0.9 pips on the EUR/USD pair;
  • A personal account manager is included with each account package;
  • Registration is free, but the minimum deposit is $300;
  • Major credit and debit cards, wire transfer, and a variety of local payment methods ensure prompt and easy movements of funds;
  • Full range of educational and training materials, ebooks, and tutorials;
  • Customer service reps are available “24/7” and speak English, Arabic, Italian, and German, while the website can be read in each of these plus Turkish.

Account Comparison

MT4 FIXED MT4 ECN JForex
Initial Minimum Deposit 300 USD 3,000 USD 5,000 USD
Lot Size (FX) 100,000 Units 100,000 Units 100,000 Units
Minimum Trade 0.01 Lot 0.01 Lot 0.01 Lot
Maximum Leverage Up to 1:50 Up to 1:50 Up to 1:50
Spreads Fixed Variable Spreads Variable with Market Depth
Instruments FX Majors 50+ Currency Pairs, Commodities, Indices 50+ Currency Pairs, Commodities, Indices
Deposit Currency USD, EUR, GBP USD, EUR, GBP USD, EUR, GBP
Deposit Options Bank Wire, Credit Card, Skrill Bank Wire, Credit Card, Skrill Bank Wire, Credit Card, Skrill
Margin Call 20% 20% 20%
MAC/Linux friendly Web-based Web-based Full Download Version
Mobile Trading/Tablets iOS & Android iOS & Android iOS & Android
Live Support 24 / 5 24 / 5 24 / 5
Daily Analysis Free Free Free
Execution Instant Execution Market Execution Market execution
Hedging Allowed Allowed Allowed
Scalping Not Allowed Allowed Allowed
Expert Advisors Disabled Enabled (MQL) Enabled (Java)
Personal Account Manager Yes Yes Dedicated
*Commissions on Trades No Commissions $8 per lot R/T $8 per lot R/T

Spreads and Leverage

Spreads using an ECN approach can be as thin as 0.9 pips for the Euro. Leverage varies by trading platform from 100:1 to 200:1.

Platforms

MetaTrader4

 Developed in 2000 by MetaQuotes Software Corporation, the MetaTrader4 trading platform fast became one of the most popular trading platforms in the world. The MT4 platform is dynamic and user- friendly, providing traders with a powerful range of features and tools including:

Deposits and Withdrawals

All major credit/debit cards, Moneybookers (Skrill), banking wire transfer, and CashU are supported, making deposits and withdrawals a convenient and easy process. in addition The minimum deposit required has been set at $300, and withdrawal requests will be handled promptly, as long as internationally mandated identity documentation is already on file.

NSFX demo account review - funding methods

NSFX REGULATION & LICENCE

NSFX Ltd. holds a Category 3 investment services License no. IS/56519 issued by the Malta Financial Services Authority (The MFSA).

Regulated by MFSA

Malta Financial Services Authority

The Malta Financial Services Authority MFSA is the single regulator for financial services in Malta. It was set up by special Act of Parliament, the Malta Financial Services Authority Act, 1988 as amended in 1994 and 2002 taking over supervisory functions previously carried out by the Central Bank of Malta, the Malta Stock Exchange and the Malta Financial Services Centre. The Authority is a fully autonomous public institution and reports to Parliament on an annual basis.
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MIFID Compliant

Markets in Financial Instruments Directive

NSFX Ltd. complies with the European Markets in Financial Instruments Directive (MiFID). MiFID provides a harmonized regulatory environment for investment services across the European Economic Area (EEA). The main objectives of the MiFID Directive are to enhance financial transparency, increase competition, and offer greater consumer protection in investment services.
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NSFX Ltd. is authorised to operate within the EEA and the following regulatory bodies have given their approval for NSFX Ltd to provide cross border investment services in their country:

FCA

Financial Conduct Authority

United Kingdom – Registration Number: 595195


The Financial Conduct Authority (FCA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000. It is a company limited by guarantee and financed by the financial services industry. Read More »

BaFin

Federal Financial Supervisory Authority

Germany – Registration Number: 131055


The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) supervises banks, financial services providers, insurance undertakings and securities trading. The objective of financial supervision is to ensure the proper functioning, stability and integrity of the German financial market.
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ACP

French Prudential Supervisory Authority

France – Registration Number: 74397


The French Prudential Supervisory Authority (Autorité de Contrôle Prudentiel – ACP) is an independent administrative authority, which monitors the activities of banks and insurance companies in France. It operates under the auspices of the French central bank, Banque de France. Read More »

Consob

Italy – Registration Number: 3597


The supervisory authority for the Italian financial products market; its aims are to protect investors and the efficiency, transparency and development of the market. Read More »

CNMV

Comisión Nacional del Mercado de Valores

Spain – Registration Number: 3354


The Comisión Nacional del Mercado de Valores (CNMV) is the agency in charge of supervising and inspecting the Spanish Stock Markets and the activities of all the participants in those markets. It was created by the Securities Market Law, which instituted in-depth reforms of this segment of the Spanish financial system. Read More »

FINANSTILSYNET

Denmark – Registration Number: 9221


The Danish FSA is part of the Ministry of Business and Growth and acts as secretariat for the Financial Business Council, the Danish Securities Council and the Money and Pension Panel. Read More »



NSFX Demo Account Review

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Broker Reviews

EasyMarkets Demo Account Review | 2018 Must Read |

EasyMarkets Demo Account Review

Background

Have you heard of easyForex.com? Have you heard of easyMarkets.com? The latter name is actually the re-branded new look and feel of the former. After a successful ride of over twelve years as a traditional retail forex trading broker, the firm decided to transition to the easyMarkets brand to signify that it was now much more than just forex.


An industry leader and innovator, the broker opened its doors for business in 2003, but by 2013, over 100,000 active traders were using its platform and had amassed over $1.5 trillion plus in accumulated trading turnover in those initial ten years.

The firm has since broadened its product offering to include CFDs in commodities and indices, while adding forward forex contracts and vanilla options, two service offerings that you would be hard pressed to find at any other brokerage house in the retail forex trading space.

This management team has already earned a reputation for simplicity and transparency, another reason that traders across the globe have jumped onboard. easyMarkets is licensed and regulated by the Cyprus Securities Exchange Commission (CySEC) under the CIF license #079/07, and in Australia, by the Australian Securities & Investments Commission (ASIC) under AFSL number 246566.

Regulatory compliance with two major agencies ensures client deposit safety and segregation in Top-Tiered banks and that order execution is quick and without slippage. There is one standard account process, but customer service assistants will also brief you on possible account upgrades that will provide access to enhanced spreads and support.

 

Download your own eBook for beginning Traders

 

The firm provides a broad array of currency pairings from major through exotic, and, when combined with CFDs and vanilla options, one can access over 300+ market instruments on a given day.

A portion of the firm’s success comes from its innovative proprietary trading platform that includes features that you will not find elsewhere. It is a “no nonsense”, web-based type system that keeps you focused on what you need to know to be successful.

If you prefer to trade with what is familiar to you, then you can always opt for the Metatrader4 platform option of your choice, both desktop and mobile. Spreads are fixed and vary by account status and asset type.

A VIP member can avail themselves of 1.8 pip spreads for most major pairs. A Standard account starts at 3 pips, with leverage up to 400:1. Free SMS signals and alerts and Negative Balance Protection are also here for the asking, as are promotions and contests. Lastly, customer service representatives are available “24X5” to assist you in every way, while the firm’s learning and support center is both comprehensive and designed to serve every level of trader. Unfortunately, U.S. customers are not accepted at this time.

 Open Live account with EasyMarketsOpen EasyMarkets Demo Account

 

Features

Why trade with easyMarkets.com? The firm lists these reasons:

  • Founded in 2003 as easyForex and headquartered in Limassol, Cyprus;
  • Additional branch offices in Sydney, London, Warsaw, and Shanghai, with operating licenses in both Europe and Australia;
  • Regulated by both CySEC and ASIC;
  • Numerous industry awards (see the company’s timeline for details);
  • Client deposits segregated from operating capital in Top-Tier bank accounts;
  • 136 major, minor, and exotic forex pairs, including spot, forward, and vanilla options;
  • 300+ markets can be traded via forex, vanilla options, and CFD offerings;
  • Standard trading account may be upgraded to receive lower fixed spreads (spreads can vary from 1.8 to 3 pips based on account class);
  • Free Demo and Islamic accounts;
  • Minimum Deposit = $25;
  • Leverage can range by asset class up to as high as 400:1;
  • Metatrader4 trading platform or firm’s proprietary web-based platform;
  • Mobile applications supported;
  • Free Trading Signals and SMS alerts;
  • Negative Balance Protection, scalping, hedging, and Expert Advisors (EAs) are supported, as well;
  • Comprehensive learning center for every level of trader, supplemented by daily market commentary and advanced charting tools;
  • Customer service “24X5” via live chat, email, fax, phone, or direct contact through its global network of offices.
  • Risk Free Trades with DealCancellation*

*Terms and Conditions Apply

Risk Free Trading Simulator

Learn to trade under live market conditions

Trial your strategies before you trade live

Try the easyMarkets platform with a Demo account and experience simulated trading under live market conditions. No obligations, no cost and no risk. You can trade the world’s markets, discover our trading platform and see for yourself what works with this broker.

trade on their simulator to  improve your techniques and hone your skills. you are allowed to use and try this system for 8 days and once you have created a real account you also have your lifetime demo account to practice trading strategies before you open live deals.

Open Live account with EasyMarkets Open Easymarkets Demo Account

 

Spreads and Leverage

Spreads and leverage vary by account class and asset type. For forex pairings, spreads are fixed as low as 1.8 pips, if you have VIP status, or 3 pips, if you do not. Leverage will vary for CFDs and other instruments, but currency trading leverage can be as high as 400:1.

 

Platform

The firm’s innovative proprietary trading platform is worth a look. It is totally web based, no tricky downloads necessary. It has been stripped down to the very basics, while still being augmented with unique features like “Trade Controller”,  “Inside Viewer”, and “Freeze Quote”. The broker also supports the highly popular Metatrader4 product line, as well. You may employ your favorite “Expert Advisor” and enjoy swift execution without slippage or re-quotes. Mobile applications are also supported. Security and safety are assured by the company’s use of the latest in encryption technology protocols to protect both your trading activity data, as well as your personal identity information.

 

Deposits and Withdrawals

Deposits follow the familiar path of credit and debit cards or bank wires, but, if you prefer a local payment system to handle your money transfer needs, then the firm also supports other payment alternatives like Skrill, Neteller, WebMoney, and others. To ensure a smooth withdrawal process, be sure to keep your personal identity data, as required by international AML regulations, up to date and in order, as prescribed by the website.

Beginner’s and Customer Support

Customer service representatives are available “24X5” during market hours to answer your queries and to provide guidance and instruction. They can be accessed by live chat, email, fax, or phone, but the firm has also staffed several regional offices (Limassol, London, Sydney, Warsaw, and Shanghai) to serve you, as well. The firm’s learning center includes videos, ebooks, glossary, FAQs and training articles for all levels of expertise. Daily market commentary, trading charts and tools, and an economic event calendar round out the package.

Download your own eBook for beginning Traders

 open live account with easymarketsOpen easymarkets Demo Account

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Broker Reviews

eToro Demo Account Review | Must Read |

etoro demo account review

eToro Demo Account Review

eToro is a  fast-growing brokerage firm with over 5,000,000 traders in over 140 Countries. Unlike the vast majority of brokers, eToro aims to entertain its clients, while educating and preparing them for the difficult and stressful atmosphere of currency trading.

Nervousness and unease are common features of a beginner’s experience with forex since the vast majority of new traders have little knowledge, understanding or experience with the dynamics of this giant market.

All the various types of analysis, news flow, charts, and indicators can be very confusing and intimidating for beginners. eToro aims to tackle all these issues by its friendly platform and innovative attitude to trading.

Practicing is Easy!

Now you can learn to trade without having to invest any of your own capital. eToro makes it easy for you to learn the trade without breaking the bank. When you log into your account, it’s as easy as selecting between practice mode and real trade mode.

eToro Demo Account Review 2018

Account Types |  Etoro demo account

Social trading – as distinct from more traditional or conventional financial trading – uses the technologies and techniques of social media platforms, such as crowd-sourcing and content that comes from users – in a market trading platform environment.

Just as the power and popularity of a social media platform can be based on the user-generated content – posts, articles, videos and galleries that are linked from a social media page to be found in your virtual feed or on a virtual wall – social trading platforms operate on similar principles.

The eToro platform is a transparent social trading platform, enabling users to follow and emulate others in their social trading activities, without compromising their entire portfolio. It means that just as you can stay informed of news of any kind on a social media platform with commentary, advice, opinion, and facts from respected experts, you can also follow and copy successful social traders in an open and clear manner on a social trading platform.

 


An Easy and Accurate Tool

With the new features added to the practice account, you can feel assured that its exactly the same as the real account will be so what you see is what you get.

This gives you an amazing advantage when you actually go to make trades in the market. This tool will put you at the forefront of trading and help you feel at ease with their system which is a bit different from the other brokers you know.


Practice Mobile Trading!

this is what some other brokers are lacking since everyone now also needs and wants to trade on their mobile it helps if the demo account is fully functional on mobile.

etoro demo account

eToro social investment network

The eToro philosophy has as one of its core aims to encourage everybody to engage in social trading – and this inclusivity extends to the WYSIWYG interface, the ease with which you can set up an account and start putting and calling on trades, and the various ways in which the platform engages you – whether you’re committed to any trades, or you’re simply browsing to see which currencies to trade.

The people at eToro appreciate that the end-user experience when it comes to market trading has been traditionally boring and dry, but through mobile apps and the online platform that taps into the market and a massive online trading community of almost three million eToro users worldwide, eToro makes trading both fun and socially engaging in ways that even its direct rivals try to emulate.

Social Trading  How Does Social Trading Work?

Powered by millions of users from over 140 countries, eToro has been able to refine their knowledge and experience into practical trading tools. For example, their CopyTrader™ technology enables clients to replicate another trader’s portfolio and trading activity automatically. Our social trading platform enables anyone to become a leader and a follower, and even if you simply want to trade on your own – we will still make sure you have the best trading experience possible.

Why Social Trading?

  • Simplicity: Using social features for trading assets online is intuitive, and easily accessible for both new and experienced users.

  • Diversity: Diversity is key for lowering risk when trading. On eToro you can spread out your invested capital across various markets by copying different traders.

  • Profitability: Since the launch of copy trading in 2010, around 78% of all copied trades were closed in profit (data was taken in August 2017).

  • Reliability: Since it operates under strict regulations, eToro’s social trading network is trusted by more than 6 million users worldwide.

  • Transparency: Exposing each trader’s portfolio, risk score, and track record, helps all clients to make smarter decisions when choosing who to copy.


Safety

The company owning the eToro online trading software in the United States, Tradonomi LLC, is registered with the CFTC and is a member of the NFA.

Apart from compliance with the regulatory requirements on capital and the various rules aimed at ensuring a fair and honest trading environment, eToro implements the industry-standard secure socket layer (SSL) technology for data encryption. The firm’s privacy policy states clearly that client data on credit history, net worth or other personal information is never shared with any person or institution.

 

Account Deposits

eToro accepts deposits via Paypal, MoneyGram, Neteller, WebMoney, in addition to credit card deposits and wire transfers. Depending on the funding channel used, the minimum initial deposit requirement can be either 200 or 500 dollars. In order to withdraw funds, the client must fill and submit an online form. eToro’s website offers extensive guidance on account deposits and withdrawals.

Trading Platform

By far the most unique and innovative trading platform that is on offer in today’s market, the forex trading program of eToro enables gaming like experience for the retail trader.

The eToro brand is a great introduction to the concept of social trading – for both novices and experts alike.

Experts can build up a following using the eToro social trading tools – they’ll be copied by their adherents, adding financial weight to their calls and puts.

But anyone can weigh up the likelihoods and probabilities by seeing the direction in which the majority of traders are trading in – for example – a particular currency pair. The tools are provided on the interface that clearly shows which way the majority is headed. Then you simply choose which way you trade, you commit to the trade – often just a one minute trade – and you sit that minute out to see if you’ve won the trade. You can have more than one trade going on at the same time.

Additional cool features at eToro include mobile apps and stock trading

The mobile apps that are available make quick trades on the go incredibly easy. Apps such as the eTrader mean that you don’t require to be at a computer to make your trades. Versions are available to run on a variety of different phones and androids, and they have some great technology on the app, such as the way in which it can prevent your phone from hibernating when you’re actively trading – just in case you need to make a split-second decision.

Unlike other social trading platforms, eToro also has functionality when it comes to investing beyond currencies – with the option to trade in a variety of stocks.

Beginner Support

Apart from the demo account, eToro offers numerous guides, tutorials and a trading forum where traders can share their experiences and discuss the lessons learned with others. The support staff is very professional and patient. As the firm specifically targets the retail segment of currency trading, traders of all experience levels are welcomed to ask questions and seek help from the knowledgeable and helpful support team.

 

Your Social Investment Network

 

 

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