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eToro Forex Broker

eToro Forex Broker
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eToro is a Forex broker regulated fully by the CFTC and a member of the NFA which offers a high degree of safety of funds. They are setup as an online trading platform for both beginners and seasoned traders alike. Etoro has a clientele in excess of 50,000 at last count which accounts for their ability to provide a high level of reliable liquidity.
They have a lot of options to assist traders to succeed regardless if they are new traders or experienced. Some of which are; updated detailed price charts, technical indicators, news updates as well as training materials.
eToro is also a community that has an active internet trader forum. This feature enables beginning traders both public and private chat opportunities, full network capabilities. The support staff, forums, and various other online tutorials and guides help the beginning trader. These all translate into a quicker learning period for the beginner.
The easy to read layout of their website really caught our eye as most Forex brokers can be difficult to learn. We like the fact that their software uses advanced graphics to help the trader visualize their trades. This one feature alone makes eToro one of the easiest trading platforms to work with. 
Visit the Official eToro Site  

Consumer Feedback

Forex Trading Pal recognizes eToro as one of the leading Forex brokers in the market. eToro excels in making Forex trading easy, understandable and fun. This broker is especially suited for beginning traders but more experienced traders will also like some of the highly advanced futures that eToro offers."
Portion of actual user review from forextradingpal.com
"I have been actively trading with them for about 6 months now, I have been making money on a consistent basis, and have even won some money on the site in the monthly forex comps. So far I have had no problem withdrawing any money. The platform is fun, and has only gone down a couple times since I had it. I have always got very prompt customer service."
Portion of actual user review from forexpeacearmy.com
"The interface is very to the point. This may be off topic, but OMG what I gained in one sitting's trading this platform: 2887 bucks!"
Portion of actual user review from forexfinder.com
 

Our Verdict

One of the things we found appealing about eToro was the no-nonsense design of their website. When we looked at other types of platforms we found it very challenging to find our way around because of their complexity. Etoro provided us with what we needed while not having to search around for them when we needed them.
eToro is easier to sign up with as their document requirements are minimal compared to other brokers which is a feature we like.
eToro attempts to make forex trading available to all people. In that goal it does a great job. The way it displays it's charts is unique and easy to use visually. The platform is very simple to work with and well fitted to the beginner Forex trader. If you are an experienced trader you can probably use it or not.
Is eToro worth signing up with? If you are looking to do your Forex trading fast and simple then this is certainly a solid pick. If you are more of a complex experienced trader and have a system you are confortable with already then this one might not be for you.
You can give this broker a test run with a free trial test account and if it isn't for you can cancel with no further commitments, or you can jump right in with a real account if you choose. A sign up bonus listed below is also offered for real accounts.
Visit the Official eToro Site

Specifications

Company Info: eToro is a brand name owned by eToro, Inc. The domain name etoro.com was registered under this company in 2004.
Currencies Traded: All Major Currency Pairs
Spreads: From 2 Pips
Delivery Format: Online Trading Platform (Supports 10 languages including English, Spanish, Italian, Portuguese, Russian, Chinese, Arabic, German)
Deposits & Withdrawals:

Deposit Info - Credit Card, PayPal, Moneybookers, Neteller, Western Union, MoneyGram, Wire Transfer, By phone

Withdrawal Info - No commission on profit withdrawals, Withdrawals to credit card permitted.

Delivery: Instant Download
Price: $50.00 Minimum
Warranty Information: 30 day cancelation policy
Created By: Jonathan Assia
Customer Support: Phone, Email and Online
Official Site: www.etoro.com

Customer Reviews

Submitted By Joe on 23 March, 2010
"Hi, I trade with eToro for about half a year and I really love this freiendly and simple platform. Why making the life complicated using MT4, if you can analyse the market and open the trades with just a few clicks!"
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Visit the official eToro Site