eToro Review

eToro Overview

With a simple to use social trading platform and user friendly, eToro  is the leading social trading platform for copy trading, with a trading community of over 5 million users in over 170 countries.

eToro has a patented Copy Trader system that you can easily find and start trading by automatically copying the entire portfolio of other expert traders on the platform.

eToro’s online platform attracts thousands of new accounts every day as one of the world’s premiere social investment networks.

With eToro you can trade a wide range of financial instruments from forex, metals, commodities, stocks and indices via CFDs.

They accept a wide range of deposit and withdrawal methods from Bank wire, credit/debit card, Paypal, Neteller, Skrill, 1-pay, Webmoney and Giropay.

They offer no commission trading and accept deposits from as low as $50. They have a super simple sign up process with the ability to quickly sign up with your Facebook or Google plus account.

eToro disrupted the online trading industry with their innovative social trading platform and they are one of the most popular choices for individuals looking for a copy trading platform.


eToro Account Types

eToro had 2 types of trading accounts, a standard trading account and a practice demo account.  To open a standard account, a minimum initial deposit of just $50 is required by eToro. At eToro, with the simplicity of the platform traders, especially beginner traders, will not be overwhelmed by the amount of decisions that they have to make regarding their trading account choices.

eToro Demo Account

For the demo account, traders who sign up for access to the account will be given an initial deposit of $100,000 risk free virtual account. “This platform will allow the trader to conduct trial runs of their trading strategies without any financial risk to them”. It also gives potential traders of eToro an opportunity to test out eToro’s services and trading platform before they commit any real money.


eToro Deposits & Withdrawals Options

eToro traders can fund their account in many different way including:

  • Credit / Debit card
  • PayPal
  • Wire Transfer
  • China Union Pay
  • WebMoney
  • Wirecard
  • Yandex
  • Giropay
  • Skrill Limited
  • Neteller

If traders decides to deposit funds by credit cards or eWallets like NETELLER and Skrill. The funds normally gets deposited to the trader’s trading account.

“The precise method used for the withdrawal of funds will depend on the method that was used to deposit the funds. For example, if a trader funds his trading account with his credit card, then the method of withdrawal will be through the credit card as well. The typical processing time required for a withdrawal request is one business day. However it will take additional time before the funds are actually posted to the trader’s bank account.”

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