eToro Forex Broker Review

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eToro, based in Cyprus, are a member of the NFA making them a highly credible company. They are well respected in the world of Forex and have been on-line since 2007. eToro’s mission is to bridge the gap between individual traders and the big institutional companies.

This was achieved by the development of their highly acclaimed trading platform, which I will have to admit, is quite advanced.eToro thrive to make the trading experience of all their clients as simple and pleasant as possible by providing all the necessary tools needed to succeed. These tools come in the form of professional platform, fast execution, free trading tutorials and trading challenges that may help you better yourself. Their aim is to create a community that can share their success and experiences.

Now let’s dig deeper and see how you may benefit being a client of this broker.

Apart from the points above here is what you may expect:

• Leverage ranging from 1:5 up to 1:400
• FREE Live training (worth considering)
• Weekly and daily Market analysis
• User friendly platform
• Good customer support
• Muslim-friendly accounts available
• Bonus on deposit
• Web-based platform available

These are the main features you will be exposed to once you become a customer of eToro.

OK, as for the drawbacks of this company:

• Does not support MT4 platforms
• Tend to close all open position on week-ends (you may want to look into this matter before opening a live account with this broker if you are a medium to long term trader)

Those are the main disadvantages you may be faced with down the track.

On the whole this broker seems to be loyal to their reputation and receive very little complaints from clients. Their user friendly platform and free course tends to be well-received among the new comers. I may be opening an account soon with this broker considering their good reputation.

Happy trading,
Ash Naeck

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