A Review Of The eToro Website
What is the URL to go directly to it?
You can go straight there by visiting this link etoro.com
What is the site like?
It’s a pretty impressive site right from the word go. The home page is nice and welcoming and you will see two invitations on the far right hand side. One is to open a trading account and the other is to open a practice account. We’ll check those out in a moment, but suffice to say the practice account is your best bet initially.
Moving on swiftly you will see that the home page reveals a lot about this site. It focuses on both beginners and professionals and tells you why you’ll love using the site in both cases. You can also learn a lot from using the site and take part in the community aspect of it as well.
What else can you find there?
As always the menu across the top of the site tells us a lot about what else we can find here. For starters it is a good idea to check out the ‘Why eToro?’ section as it will help you to decide whether this site is the one for you when it comes to Forex trading.
This has a video tour of the site and it also enables you to read the FAQs and find out about the Forex Bonus they currently have in place. In short, there is plenty here to twist your arm if you haven’t yet decided whether to press ahead with an account.
But we’re not done yet. eToro is particularly notable for having a comprehensive section on learning about Forex. Since beginners to Forex will very likely have a limited knowledge of the subject, it’s good to know they can find everything they need in the one place.
There is a superb trading guide as well as a comprehensive glossary. Pay particular attention to the eToro Platform Guide too, because this is what you will be using to get started on this site.
Information about opening a trading account for potential users
If you have decided this is the site you want to use for Forex trading, go back to the main page and select the appropriate sign up link on the right hand side. We suggest you try the practice account before signing up for real, since it gives you a chance to try out the platform and the process of Forex trading. The account gives you $2,000 of practice virtual money to use, which should be plenty to get the hang of it. The page that opens when you go for this option shows you the three steps that are involved in trading.
Opening a proper trading account is a little more involved, as you would expect. But this is by no means a problem because it still is a quick process to complete. You’ll need to fill out your username and personal details to get the ball rolling, ensuring that each field is filled in properly and correctly. Make sure you click the link to read the terms and conditions before you carry on.
The next step is to download the trading platform used by eToro. If you wish you can register your account initially and then download the platform later just before you want to start trading. Either way this is the second step – you are then free to make your first trade.
In conclusion
As you can see this is one user friendly site that is worth hanging onto if you want to start Forex trading online. It is particularly worthwhile using for its forum, and although it only has a few sections it is quite active and has plenty of members to talk to and take part in discussions with.
But whether you use the forum or not you will certainly make the most of this site by exploring the various sections it has. And you can also go head to head with other traders using eToro as they have prizes on offer from time to time as well.
In short this is a great site with plenty of benefits to the Forex trader. Once you get started you will surely make the most of every inch of it.
