eToro is a company founded in 2006 by two brothers in Israel and a partner from outside. The brokerage platform is one of the oldest out there and one that offers a variety of trading and investment options. As such, it is suitable for everyone. Since 2006, eToro has been growing along with the growth of currencies – and especially the growth of cryptocurrencies lately. Currently, it is ranked among the best brokers for Bitcoin on the social networks.
The company has headquarters in Cyprus and London and is authorized and regulated by the FCA which allows it to operate under the MiFiD. Currently, the platform has more than 5 million users in over 170 countries. The brokerage platform has been improving year after year and offers a lot of new features and trading options suitable for everyone.
You can test the eToro trading practice through a demo account or even an initial deposit of up to $100,000 in virtual currency. With no commissions on trades, eToro only relies on quoting the customers with a wider spread in order to compensate themselves. The eToro trading software was primarily geared towards new and inexperienced traders, it nowadays holds people of all experiences and levels.
One thing everyone should know is that eToro only allows trading in US dollars. This makes it easy to convert any deposit to the currency upon receipt. The minimum deposit to open a live trading account ranges from $50 to $1,000 depending on the regional regulations.
eToro – Your Social Investment Network
eToro’s customer support is available 24 hours per day each working day Monday to Friday. You can reach them via phone or email (email gets a 48 hour response time) and there is no live chat function. The platform is among the safest out there with a special policy to keep their information safe and a SSL technology that ensures security online.
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