The foreign exchange industry actually makes the mind boggle. It is absolutely huge and there is over 3 trillion dollars a day traded in it. Many people also make their living as full time traders. It's not easy though and to do so you need a good system, as well as a good Forex broker.
eToro was set up with the vision to create an extremely usable trading platform that traders from novices up to professionals could use.
For those new to Forex there are video tutorials to take you through the first few trades, the platform also takes on a game like atmosphere to make everything as easy and fun as possible.
Of course, as traders progress through the different levels of experience then they can change over to the professional platform mode. It carries the same level of usability but everything is as it normally would be.
The spread of a forex broker is like a fee that is payed, or could even be considered as a commission. It is the difference between the bid and the ask price. the spread at eToro will go down to 2 pips, which is extremely good in the industry, where the average can hang around the 5 pip mark. This makes trading much cheaper.
They also have a very reliable platform, which is essential. Many brokers in the industry also experience 'slippage' or re-quoting, which means that a trader cannot buy or sell at the price they want and have to be re-quoted at a less advantageous price.
The service teams at eToro are around all day everyday to deal with customer queries and issues. There is also a great forum to bounce thoughts and ideas around.
There is also a full comprehensive training program and free practice accounts for those who would like to gain confidence, or develop their trading strategies.
Traders can start their first real money trades with as little as $50. This means that traders only ever have to start trading with what they can afford to lose, which is very important.
eToro was set up with the vision to create an extremely usable trading platform that traders from novices up to professionals could use.
For those new to Forex there are video tutorials to take you through the first few trades, the platform also takes on a game like atmosphere to make everything as easy and fun as possible.
Of course, as traders progress through the different levels of experience then they can change over to the professional platform mode. It carries the same level of usability but everything is as it normally would be.
The spread of a forex broker is like a fee that is payed, or could even be considered as a commission. It is the difference between the bid and the ask price. the spread at eToro will go down to 2 pips, which is extremely good in the industry, where the average can hang around the 5 pip mark. This makes trading much cheaper.
They also have a very reliable platform, which is essential. Many brokers in the industry also experience 'slippage' or re-quoting, which means that a trader cannot buy or sell at the price they want and have to be re-quoted at a less advantageous price.
The service teams at eToro are around all day everyday to deal with customer queries and issues. There is also a great forum to bounce thoughts and ideas around.
There is also a full comprehensive training program and free practice accounts for those who would like to gain confidence, or develop their trading strategies.
Traders can start their first real money trades with as little as $50. This means that traders only ever have to start trading with what they can afford to lose, which is very important.
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