Dealing Desk
eToro doesn’t use a dealing desk in the traditional sense of the word. Like many other up-and-coming forex brokers, eToro believes that dealing desks can compromise the trading experience by letting individual brokers exert too much influence over traders’ accounts. Instead, eToro uses an automated dealing desk that does away with the potential for human errors and other issues.
Leverage Limits
Leverage limits run the gamut at eToro, depending on which of the 15+ currency pairs you are dealing with. Limits range anywhere from 1:5 to 1:400 for currencies that are traded using eToro. Therefore, it is possible for traders of all sensibilities to find a currency that they will be comfortable trading with on eToro. Without a doubt, leverage limits are quite flexible and easy to work with on eToro.
Trailing Stops
Oddly enough, eToro does not offer trailing stops to its traders. Stop loss and automatic stop loss orders are, of course, available; trailing stops are not.
Trading Spreads
eToro touts itself for offering fixed spreads that can be as low as two pips. Popular currencies have the most competitive spreads, which is typical for an online forex broker. For example, the spread for EUR/USD is commonly right around three pips. When stacked up against other popular foreign exchange market brokers, eToro’s spreads are very competitive indeed and are sure to win it over many new clients as time goes by.