The eToro Guide
Why will someone do some re-inventions with the wheel? This is not written to be ethical and there are no intentions to sound literal, however, why will you, really re-invent something that actually works? Nevertheless, this could have been the most challenging for eToro. It was during the discovery of the firm back in 2007.According to eToro (forex etoro review), they are a big investment network across the globe; they are actually an investment network. This is a motto that they have been practicing and because the idea is so famous, it has grown dramatically. They now have a customer based that will be more than 3M traders across the globe and in a hundred and forty countries, the rate is still growing. The firm has grown old through time with a group of workers to a more accomplished worldwide group situated in the offices they have in Israel, Australia, and Cyprus and even in the UK. eToro went on and is still in the process of developing. The forex trading has been readily obtainable online for some time now; it has been a decade ago to be exact. It has been a developing market; however the founders of eToro absolutely made sure that a method to categorize each and every product that they have been innovative for every broker.
The company has suspected that the proper timing to mix social media is also enormous, because of the ever developing famousness of a social media as it open its way to the masses in 2006. They have clearly seen the famousness and all the attention in the every growing social trading enormously since year 2007. However, some of the brokers giving trading platforms with the standard platform, to those who are familiar, eToro stayed as the innovator as well as it houses social trading as well.
The Trading platforms and the structures
The topic is approximately re-inventing the move from the start of this writing. An expected from this company that has been in the social trading industry for decades now, the platforms now offer technology that is just exclusive to eToro. That means that you cannot get the same experience with the other trading platforms. The company offers you 3 different platforms to use when it comes to forex along with CFDs. They call these the eToro OpenBook, Mobile Trader and WebTrader. While some of the brokers give different platforms that may be standalone, the platforms being offered by eToro at some extend may be seen as an leeway of each other. They work in a symbolical manner to give only the best to their clients. They want to give an exclusive and comprehensive manner of trading experience. To better understand every platform, so of the illustrations are given.
1. eToro WebTrader
This serves as a complete collection controlling platform. It has several choices and that includes those that will enable you to do the trading while managing our manual and CopyTrade portfolios. CopyTrader is a big retailing plug of the said platform. It will enable the clients to view the progress of the other trades and then copy them effectively using the techniques with just a click of the finger. Close to the platforms eToro offer a WebTrader platform is imposing a sleek yet very simple edge to emphasize live rates, complete charts, orders and others. It will enable every trader to easily do some editing to prevent losing and then collect all the profit orders, they are even allowed to accomplish their Copy Trading movements. WebTrader is well coordinated with the OpenBook activity, thus it is just the best place to keep all of the trading folios. It is also suited for Mac and for other devices.
2. eToro OpenBook
It is among the primary social media trading platform of ultra. The platform is smooth and spontaneous, it will enable the user to link with the worldwide network of eToro live and it shows a wide choice of info useful to the traders. It is obtainable in some acquainted social media format. The eToro persuades the traders to mingle with, so it will give the pin walls, different feeds and even private notes. The platform also enables you to flow the traders to get certain information about the activities along with the tool of the CopyTrader to enable you and then to grab the trades as well in just new clicks of the hand.
The clearness about the success of the traders and the techniques may be very much persuading to the traders even if they do not have enough information or background about it. However, the veteran traders will be given rewards, since their trades will be copied to boost the traders to be a famous investor. This tag will make them earn added cash rewards. This is truly a fun experience and a better option to conventional and an inaccessible way to trade.
3. eToro mobile dealer application
eToro gives free applications that are suited for all kinds of devices, that means it is suited for both android and IOS powered devices. You can download it at the play store or on the App store. The applications were checked to make sure that they will function at your convenience, but the scaled dejected type of the eToro Openbook is also available. The application users can now check the current trends and hot topics, feeds and even market pages. The users can also keep the trading folios through checking on the real time rates, open & close positions; they can also edit and stop it if they want to. These will enable the traders to have the best trader experience just by simply keeping the connection with the trading network offered by eToro.
4. The support systems
Just like any other dealers of this kind, the customer support systems must be highly prioritized. eToro on the other hand has a support team that you can reach by simply calling, sending emails and even chats and they offer different alternatives for you through the online platform support systems. The company suggests that the clients must visit the FAQ page for some answers to common queries. The eToro will show you some of the biggest quantity of helpful and dependable information available and some of your needs will be addressed to in just few minutes. The support team is readily available to give help 24/7.
You just need to sign up to be able to penetrate through the support service. As soon as you are registered, the live chat support services will be available for you 24/7, that will be from Monday until Friday. This is a good source for all the traders who are newbies in this industry. The online support like the customer service wall will be open 24/7 and it will be readily available to give assistance to the clients right away. Those who want to use the email to send their concerns can also do so with the email support service being offered online. There is a form that will be available for registered and non-registered clients. You are just required to fill up the forms online and then wait for an agent to get back to you in 2 days’ time.
The platform being offered by eToro only enables the trading in US dollars, since there is a united currency, which is needed to give a clear feedback to the global network. You can also deposit through different currencies, however, the deposit will be converted to US dollars before you trade it. $50 is the minimum deposit amount need for the credit as well as debit cards, Neteller, Skrill, PayPal, Webmoney and others. For wire transfer on the other hand $500 is required. You need to keep in mind that a lot of e-payment methods that includes the world renowned PayPal will enable every trader to credit the account and then do the trading in just a few minutes, however, the wire transfer system may take around 7 banking days. Just as the same, the company suggests that you check the account upon signing up to prevent hindrance upon withdrawals. As soon as the account has money and it has been verified, you can just trade as usual. If you are ready to do the withdrawals, the process may not be simpler.
The eToro Guide