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Forex Trading With Etoro

Forex Trading With Etoro

We are glad at the news that you want to make yourself a successful trader in the forex world

. We do understand that at this point you have gained sufficient knowledge about how the forex system works. You ought to be familiar with all the terminology associated with the forex currency trading. Thats great. You are now in need of an assistance of a forex broker regarding all your forex requirements. Well this short article will introduce you to eToro, one of the worlds largest investment networks. eToro is a well-established network of over 1.75 million users worldwide. Everyday hundreds of people are joining in eToro making it one of the biggest trading networks in the world.

Launched in the year 2007, eToro developed gradually to become one of the most traded networks. eToro introduced the WebTrader, a web-based trading platform in the year 2008. They created a trading policy in 2010 and brought to light a new feature named OpenBook enabling it to be the first social investment network. The next amazing feature namely the CopyTrader that helps in creating investment portfolios was implemented in the year 2011. And finally in the year 2012, another service namely the Guru Finder was incorporated into their trading system that helps traders follow or copy. These are some of the exciting features that were introduced in their rewarding trading system over the years enabling them to be one of best in the business. As far as concerning the opening of a trading account, eToro does not require the traders to submit any of their documents as long as they get into the trading and earn some funds. eToro requires the traders to provide the documents only at the time when they want to withdraw their funds. Another great thing about eToro is that they provide you with a credit of 10,000 for your demo or training account initially and once your funds get over eToro refills more enabling you to practice more.

This platform is a great place for first time traders to get the taste of trading. The only thing that eToro advises the first time traders is that they have to get familiar with the trading process using their demo account before they opt for the real trading. This is very important as it enables you to get good understanding and training of trading successfully. The minimum deposit requirement for the real trading account is only 50$ and automatically you get up to 10,000$ bonus as soon as you do the first deposit. You can fund your account using any of the following methods Credit Card, PayPal, Wire Transfer, Moneybookers or Skrill, MoneyGram, Western Union, WebMoney and Neteller. eToro offers different range of leverages starting from 1:5 up to 1:400. In spite of all these proven positive qualities, eToro has been criticized by many traders for their improper customer service, delays in executing matters etc. With whatever trading brokers we are associated with, our success in trading depends on how we trade skillfully.

by: onlyaboutforex
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Forex Trading With Etoro