Overview
With more than 20 million registered members worldwide, EToro, one of the top social trading and multi-asset brokerage companies, was founded in 2007. The broker began operating in the United States in 2018 and is now accessible in 45 states as well as Washington, D.C., Hawaii, Minnesota, Nevada, and New York. Tennessee does not have access to it.
Despite the large range of assets that eToro offers, including equities, exchange-traded funds, commodities, and other assets, U.S. customers can only trade currencies on the platform.
Account Types
Even though eToro offers four different account types, the great majority of users are assigned to the standard plan. This is because Islamic traders, professionals, and corporations are the intended users of the other account types.
For US customers, the initial deposit requirement is a mere $10.
On the other hand, corporate accounts must have a minimum balance of $10,000, whereas Islamic accounts demand a minimum of $1,000.
Deposit/Withdrawal
Customers of eToro have access to a range of payment options for deposits and withdrawals, including wire transfers, credit cards, and others. Low minimum deposits and uniform fees are available on eToro.
Trending Platforms
Some online brokers provide a selection of external platforms, such as MT4 or cTrader. In contrast, eToro offers a proprietary platform that can be accessed by a desktop or mobile web browser.
It only requires entering a username and password to access the eToro account, which is especially helpful for novices.
User Experience
If you don't feel like depending only on your research, you can imitate other users' transactions on the site, which features an easy-to-use interface. Since eToro allows you to invest in various currencies and will soon expand the range of assets you can trade, it is also ideal for traders who wish to diversify their investment portfolios.
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VISIT SITE- Safe broker for trading forex and CFDs.
- Excellent for social copy trading
- User-friendly web platform
- Ideal Mobile app for casual and beginner investors
- Multi-asset broker with over 3,000 symbols available
- Indemnity insurance of up to EUR 1 million
- No account & custody fees
- Low minimum to fund an account
- No video identification for new accounts
- VIP-style perks for club members & popular investors
- Alerts on the latest volatility & market events
- Safe broker for trading forex and CFDs.
- Excellent for social copy trading
- User-friendly web platform
- Ideal Mobile app for casual and beginner investors
- Multi-asset broker with over 3,000 symbols available
- Indemnity insurance of up to EUR 1 million
- No account & custody fees
- Low minimum to fund an account
- No video identification for new accounts
- VIP-style perks for club members & popular investors
- Alerts on the latest volatility & market events