Once a trader registers for eToro and downloads the software, the trading area is displayed as a simple, visual set of tools that allows the user to concentrate on strategy rather than the mechanics of forex trading. A user can spend unlimited time in practice before performing an actual trade. There are a variety of ways to fund a live trading account – an immediate deposit by credit card, PayPal, or Neteller, or payment methods such as wire transfer, Western Union, or MoneyGram that take a few days to fund. A new account can be funded with a minimum of $50, and there are many special promotions and bonuses for new accounts. There are no account levels; all traders have access to the same tading levels. Traders receive access to electronic content, real time information about the exchange rate of currencies, and the platform’s tools for executing transactions in the internet foreign exchange market. eToro also offers weekly practice trading chamionships among members, with cash prizes for the winners.

Support tools for traders include online chat, guided tutorials, a glossary, trading e-guide, live training over the phone. Accountholders also have access to economic info, market analysis, charts, live trader forums, and technical analysis. The customer service line is a 24-hour operation and support is offered in English, German, Arabic, Russian, Chinese, Spanish, French, and Italian. eToro offers Islamic account terms.

Click Here To Visit The Official eToro Site

eToro’s Offers – First Deposite Bonuses:

• First deposit $100-399 get $25 bonus
• First deposit $400 – 999 get $100 bonus
• First deposit $1000 – $4 999 get $250 bonus
• First deposit $5 000 – $9 999 get $500 bonus
• First deposit $10 000 or more $1000 bonus

Click HERE To Get Up to $1,000 Bonus with eToro

Our Reasearch on eToro:

The Good…

• Simple user interface: eToro’s simple interface and user-friendly graphics make it easy for beginners to understand basic Forex concepts and begin trading.
• Attractive 1st deposite Bonuses: eToro offers very attractive 1st deposite bonuses upto $1000.
• A variety of support tools: eToro provides tutorials, online help, and phone support to members.
• Practice trading function: Beginners can use the practice trading function and “play money” to learn Forex concepts; there is no limit to the amount of practice one can employ.
• Low account minimum & Low spreads: Users can begin trading with as little as $50 in an account; there are no defined account levels with extra features. Spreads as low as 2 pips.

The Bad :

Cartoon-like interface: The simplicity of the interface “dumbs down” forex trading and makes the process seem cartoonlike rather than reflecting the complexity of trading.

The Bottom Line:

Overall, this looks like a good tool for beginners and those who wish to gain trading practice, but there may be better tools for experienced traders.

Overall eToro Ratings:

Value of Service: 4/5

Support : 4.5/5

User reviews : 3/5

Overall rating: 3.5/5

Company Info:	13, Grigoriou Xenopoulou Str., Elegant house, Suite 103, 3101-Ayios Nicolaos, Limassol, Cyprus.
Product Specifications	- Software download trading platform - Practice and live trading arenas - Customer Service line, online chat, and expert advice - Online learning tools and training videos - Upto $1000 bonus for 1st Deposite - Support in different languages
Price:	No commissions; fees based on fixed spreads.
Min Deposite	US $50.00
Min Transaction Size	US $10,000.00

Download eToro for FREE today for a new kind of forex experience!