Can anyone recommend eToro? - Forex Forum

Rica74 · #1 (**permalink**) 9th January 2009, 06:29

I see they got a few good votes here on the broker’s poll, and I read a good review about them on Dailyforex.com (who are also offering a bonus for signing up with eToro) but wanted to hear some opinions before I go ahead with them.

effx · #2 (**permalink**) 19th January 2009, 18:13

What i like about etoro is their unique platform and the bonuses! Even though they're not regulated, i haven't heard any serious problems related to this broker.

Sinnerman · #3 (**permalink**) 24th January 2009, 16:45

eToro is definitely not a scam like some other brokers, if that's what you mean (eToro USA is regulated by the NFA), but I'm not sure that in itself should make it your top pick. You should carefully weigh their pros and cons against your particular trading style. The trading conditions they offer are great for certain types of traders and for certain market conditions, but not for all. Their spreads are high and the platform doesn't offer many advanced features, but on the other hand, their customer support is very good, the platform is easy to use and they don't apply overnight interest (swap) on their positions. So basically, they are better suited to longer-term novice traders in a bear market than say, an experienced scalper. Have a look at this eToro review and article on choosing a forex broker in general. Hope that helps you in your decision.

FXexpert · #4 (**permalink**) 28th January 2009, 03:18

Most people have good experiences with etoro. Their platform is excellent & they are proven to a be an easy broker to work with. Be careful though, they don't accept new traders from Singapore or the states.

Sinnerman · #5 (**permalink**) 3rd February 2009, 16:10

Quote:

Originally Posted by FXexpert

Most people have good experiences with etoro. Their platform is excellent & they are proven to a be an easy broker to work with. Be careful though, they don't accept new traders from Singapore or the states.

eToro USA accepts traders from the States. Not sure about Singapore.

ForexTrader · #6 (**permalink**) 7th February 2009, 18:43

I was under the assumption etoro was just a USA service perhaps I am wrong though, just something I read a while back. It was on a different Forex forum though.

Sinnerman · #7 (**permalink**) 16th February 2009, 13:03

Quote:

Originally Posted by ForexTrader

I was under the assumption etoro was just a USA service perhaps I am wrong though, just something I read a while back. It was on a different Forex forum though.

eToro (Tradonomi, LLC) itself does not accept US-based traders, but eToro USA, which is regulated by the NFA, is designed specifically to target American traders.

WalkieTalkie · #8 (**permalink**) 19th February 2009, 03:15

Do they offer Metatrader paltform?
________

Enivid · #9 (**permalink**) 19th February 2009, 06:46

Quote:

Originally Posted by WalkieTalkie

Do they offer Metatrader paltform?

No, currently eToro doesn't offer MetaTrader platform.

jimb12345 · #10 (**permalink**) 4th March 2009, 05:16

i have heard alot of good things about etoro. On several forums that i am they say very good things. I have not used in personally.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Trade With Etoro with $50	panda32	Advertisements	1	9th August 2009 06:45
Trading with Etoro	panda32	Advertisements	0	30th July 2009 06:28
ETORO TRADING AS LITTLE AS $50	panda32	Advertisements	0	28th July 2009 16:23
Recommend a Forex Platform	forexgirl	Advertisements	4	25th May 2009 04:40
Get up $500 Bonus with eToro	hastano	Advertisements	1	29th January 2009 17:53

Currently Active Users Viewing This Thread: 3 (0 members and 3 guests)