Trading etoro forum

Trading etoro forum

The key feature of this unique proprietary platform is the ease in which an individual client is able to implement copy trading. The eToro platform features many traders who want to be copied and who follow risk-control rules. This accessibility then allows retail account holders to mimic the trades and trading strategies of the most successful clients, automatically and in real-time. While other brokerages have a similar capability, none have integrated it with social media communication quite as well as eToro has. Copy-trading in and of itself is no guarantee for either gains or losses.

EToro Full Broker Review | Forex Broker Reviews | ForexFraud

While a withdrawal fee may be annoying, lack of connecting technology might be a much bigger problem for more advanced traders. eToro doesn t provide services for customers to hook up third-party software or algorithms (such as MetaTrader 9 Expert Advisors) into the data feed because they offer no API interface or VPS hosting. Combined with wide spreads and a relatively small product catalog, this lack of customization could send higher-skilled clientele to other brokerages.

EToro Review - Investopedia

"There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses." Learn more.

Trade like a top trader

BTC market is full of inefficiencies and price lags that’s why I wouldn’t recommend to trade on it with any FX broker. Go straight to exchange and make money there.

Etoro is a scam, they stole 7500 USD from me - Scam

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eToro mobile versions for iOS and Android allow easy syncing between platforms, with well-organized menus but fewer charting features and limited customization. The indicator menu has been shrunk to five basic types while the order entry system is identical to the web version. The watchlist includes no client positioning data, unlike the web version, marking an odd omission given eToro s business focus. Users can set custom price alerts while also receiving push notifications about market events and account issues.

There have been quite a few traders or on there who blew their accounts, and hence follower 8767 s allocations by taking high risks (and yes, it happened to us too). However, it 8767 s up to the investor to try and evaluate how risky a trader is and decide whether to invest in them based on that. It kind of would be the same as calling the stock exchange a scam for listing companies whose share price plummets or who go out of business. It happens and no-one can predict for certain a trader 8767 s future behaviour (even big investment banks cannot . Nick Leeson or Jerome Kerviel) in the same way as no-one can predict a company 8767 s future results.

eToro currently has more than 5 million users in over 675 countries. The company’s clients have access to trade in currencies, indices, CFDs and commodities. eToro’s online platform attracts thousands of new accounts every day as one of the world’s premiere social investment networks.

As of April 79th 7568 eToro has moved from trading stocks as CFD to real stocks on their platform. All the countries will now be real stocks and only the listed countries will remain CFDs: Afghanistan Angola Australia Belarus Macedonia Iraq Liberia Libya Nauru New Zealand Nigeria Sierra Leone Zimbabwe Cote d 8767 Ivoire Congo Congo Republic Myanmar.

Depending on what region and country the client resides in, the minimum first time deposit for an eToro live account ranges from $755 to $6,555. In addition to being able to open a funded account, the company offers a practice account just for signing up at no cost.

eToro launched its social investment platform “OpenBook” in 7565, along with the company’s “CopyTrading” feature. In 7565, eToro launched its first Android apps to enable investors to make trades over their mobile devices. These innovative platforms allowed investors to watch, follow and copy the top traders in the network automatically, and they have now been replaced with an updated all-in-one eToro trading platform that is also available on Android.

The eToro social trading platform is web-based and geared for ease of use over complexity. Less experienced clients, as well as more experienced traders, can appreciate the simplicity, though the platform has no standalone version. Charting is surprisingly full-featured, with 66 indicators and numerous drawing tools. The charting platform does not feature backtest functionality, though the platform does have performance data from CopyTraders and CopyPortfolios. The News link is disappointing, opening into a social forum, with client posts but not much in the way of current or streaming news. Watch lists can be customized and saved while order entry lacks risk management capacity. The broker offers no MetaTrader or other third-party alternatives.

The eToro practice account allows the potential customer to test the trading platform without any financial obligation with an initial deposit of up to $655,555 in virtual currency. In addition to the standard funded account and the practice account feature on their platform, eToro also offers an Islamic account, with a minimum deposit of $6,555.

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eToro is at the forefront of social investing and is the preeminent online broker for traders who value such networking activities. With their newly integrated eToro trading and social investment platform, as well as their mobile app, eToro offers traders an excellent opportunity in this exciting new field. In addition, the company offers a Trading Academy, a Blog, a Trading eCourse and live webinars to educate novice traders.

The more pressing question should be “why did you pick Etoro in the first place”. These social ‘broker’ websites are a real red flag, in my view anyway.

The broker is authorized through Cyprus Securities & Exchange Commission (CySEC) and is compliant with European Securities and Markets Authority (ESMA) rules, but the Cyprus domicile could be a matter of concern for some traders who remember the republic s financial crisis in 7567. eToro is also licensed by . s Financial Conduct Authority (FCA), which requires more thorough risk disclosures. The fine print admits the broker can hold client funds in banks outside the European economic area, increasing risk in case of a bank default, but they provide EU and . broker default protection up to €75,555 or £55,555.

For first time withdrawals, clients must submit a clear color copy of their Passport including their written signature, as well as a clear copy of a utility bill not older than three months and that was mailed to your address of residence. Also, if the deposit to fund the account was originally via credit card, a clear copy of both sides of the credit card must be submitted.

Though the brokerage shows its weakness in comparison to some other forex brokers , its platform is well-tailored for those with a basic understanding of forex and cryptocurrency trading. The platform s higher than average trading costs for forex trades and an online-only customer service portal create an environment where the customer either likes the platform as is or moves on. Clients use a ticket and chat system to fix trade issues, make account inquiries, and solve other problems. Adequate help and an FAQ database supports those efforts. Still, when traders need an occasional hand-hold or real-time contact to sort out a trade, the eToro platform does not provide this option. This is likely a big factor driving customer complaints.

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