Unlike many of the top online foreign exchange market brokers, eToro does not give its trading software or platform its own unique name. Instead, the software and platform that you will trade on when using eToro is simply called eToro. Despite the simple moniker, though, the eToro platform is very streamlined, efficient, intuitive and user friendly. In fact, eToro is one of the best platforms available today for those who don’t have a lot of forex trading experience. Beginners will enjoy an easy introduction to the world of trading foreign currencies when they use eToro.
The eToro software is characterized by a simple interface and bold, vibrant fonts and graphics. Getting comfortable with the eToro platform takes no time at all, but there is more to using eToro than its software. Learn more about the key benefits, features and characteristics of trading with eToro by reading on below.
Minimum Deposit Amounts
When you consider the $500 bonus that you’ll receive for signing up with eToro, the $50 minimum deposit doesn’t seem prohibitive at all. Indeed, $50 is all that is needed to get going with this simple and engaging trading program.
Account Set-Up
Assuming that you’ll be setting up your eToro account online, the process won’t take you very much time at all. You just need to fill out and submit a brief application, wait a day or two for approval and then download the eToro software to get going with your forex trading experience.
Demo Accounts
Before jumping into foreign exchange market trading with eToro, you can download and use it absolutely risk-free with a practice account. After completing a brief registration, you’ll be prompted to download the eToro software. Setting up a practice account is highly recommended, since it allows you to get a feel for how eToro works without parting with a single penny.