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eToro Online Forex Brokers Review

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Etoro
If you are a new trader this is great for you and even if you are a seasoned veteran the end result is still an amazing increase in the user friendliness of this particular interface.
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eToro Forex Brokers Review

Etoro Features of eToro
eToro has made a name for itself as an all round trading platform that delivers a user friendly and community oriented trading experience. At eToro, traders can easily learn, share and trade forex, commodities and indices with low spreads and a wide range of leverages. Most importantly eToro has combined the world of financial trading with online social networking by developing various community tools, the most recent of which, eToro OpenBook, enables traders to follow each other's activities, comment on trades and even copy trades instantly.
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In depth review of eToro Forex Broker Site

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Account Types
eToro offers four types of live trading accounts as well as an unlimited demo account. The eToro account system is designed to suit a wide variety of traders, from absolute beginners who have the option of opening a bronze account with just $50, to professional traders who have access to perks such as personal account managers, one on one trading sessions and faster payouts with silver, gold and VIP accounts. New eToro account holders can also get a bonus of up to $1000 for their first deposit.

Payment Options
eToro traders can fund their accounts with the following payment methods:

Visa
Mastercard
Diners Club
PayPal
Neteller / 1-Pay
MoneyBookers
WebMoney
GiroPay (available in Germany only)
Wire Transfer
Western Union
MoneyGram

Platform
The eToro platform is comprised of three trading modes. The eToro visual mode is designed to give novice traders an intuitive grasp of the market through the use of graphic visualizations. The eToro expert mode is an interface that combines a wide variety of analysis and trading tools for the experienced trader in an intuitive layout that makes trading comfortable. Finally, the eToro WebTrader presents the trader with an online version of the platform, enabling them to avoid downloading and to trade on the go.

Help for Beginners
eToro Forex presents beginner traders with ample opportunity to learn and practice forex trading before and while taking their first steps in the live market. Novices can learn the ropes using eToro's forex guides, video tutorials, forums and custom made e-course. Then they can practice with live market rates in eToro's demo mode. Finally, as they start trading, the eToro visual mode enables them to literally see their positions and how they are affected by market fluctuations.

Security
eToro uses every available measure to ensure the security of client information and funds. Every transaction at eToro, whether it is the transfer of personal data or of funds, is fully encrypted so as to allow no access to third parties of any sort. The personal information submitted to eToro is used for only for support and for the purpose of protecting our clients' funds.

Conclusion
There is a reason for the fact that eToro is currently the number one visited forex trading website online. That reason is that eToro truly stands out as a forex provider that takes an innovative, user centered and social approach to trading. As recognition of our efforts eToro has recently won the World Finance and Money AM awards for Best and Most Innovative Platform of 2010. But the best way to find out what eToro's all about is to simply open your own free account and check it out for yourself!

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Short Info.

Forex Brokers
Website: www.etoro.com
Foundation Year: 2006
Location: Cyprus
Regulation: -
Platforms: The eToro platform
Software: Independent
OS: Windows
Max Leverage: 400:1
Currency Pairs: 16
Spreads: 2-17
Min. Deposit: $50
Minimum Transaction: $5000
USA: Yes
Bonus: $1000 First Deposit Bonus
Phone: + 1-866-350-0881
E-Mail: support@etoro.com
Address: 13, Grigoriou Xenopoulou Str.,
Elegant house, Suite 103,
3101-Ayios Nicolaos,
Limassol, Cyprus.
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WARNING: Trading foreign exchange, commodity futures, options, precious metals and other over-the-counter products carries a high level of risk and may not be suitable for all investors. The high degree of leverage associated with such trading can result in substantial losses, as well as gains. The past performance of any trading strategy or methodology is not indicative of future results, which can vary due to market volatility; it should not be interpreted as a forecast of future performance. You should carefully consider whether such trading is suitable for you in light of your financial condition, level of experience and appetite for risk, and seek advice from an independent financial advisor, if you have any doubts.