Are you looking for reviews on eToro? Opinions and information on this topic are the themes of this article: you have come to the right place, because on zuplas.com you will find valuable advice to invest your money in a conscious way.
Getting informed is definitely necessary before relying on any service, so asking yourself if eToro is reliable is certainly legitimate and justified in a complex sector such as that of online trading.
Before starting to enter into the merits let's try to explain what we are talking about: eToro is a relatively young platform, especially when compared to the sacred monsters of online trading, but it is no less widespread.
Thanks to an intuitive system and good support, even for beginners, it has quickly established itself as one of the most used brokers in the world of investors.
But is there really one to trust? What are the advantages of trading Forex or buying stocks with this platform? What are the opinions and expert reviews on eToro?
Let's see together what is good and bad for this specific company for direct investments without intermediaries.
A fun and easy to use platform
The arrival of eToro on the market was a real revolution. In fact, we have gone from gray interfaces with cold graphics and incredibly difficult to understand, to a decidedly more playful and, perhaps more interestingly, more didactic approach.
Yes, because the first thing that catches the eye of those approaching the eToro platform for the first time is its simplicity (even if you can dig much deeper and have all the complex functions offered by the other platforms), as well as its didactic aspect.
eToro continues, even after registration, to provide its traders with a lot of material to learn and understand what is happening on the markets, as well as to keep up to date with the most important news, the ones that can really move the markets.
In addition, eToro also provides a newsletter, which keeps us constantly updated on developments in the currency market, on macroeconomic data affecting national currencies and on everything that can be useful for investing your capital in the best possible way.
In terms of pre-investment support, therefore, there is nothing to contest with eToro, one of the most complete platforms, at least from an information and educational point of view.
In addition, and we will see this too later, eToro uses a Demo system with virtual money that allows you to approach the world of investments without investing real money.
>> Try eToro Free: Open an Account Now <<
eToro's Security
But who do we interface with when we operate on this platform?
eToro is a Israelian company, which however is authorized to operate on European soil thanks to the NFA and CySec certifications, which guarantee the solidity of the company, both from a technological, financial and economic point of view.
As for the more purely technological aspect, eToro offers a system that uses the highest standards available on the market for IT security and encryption.
128 BIT SSL and separate cold account, so that even a possible hacker intrusion cannot harm our capital are the structures on which the entire investment platform is organized.
Main features of the platform
eToro is by far the most innovative and unique platform on the market today.
It is organized to give even those with very little experience in Forex the opportunity to immerse themselves immediately in the platform, with a learning curve that is calibrated precisely on the beginner and not on those who already have a great experience in the trading sector.
This obviously does not mean that there is also no room for more advanced investors, but rather that the focus of the entire company is on those who have just started trading.
Even the Web interface, which is by far the most used among new subscribers, is as solid as it is easy to use and generally does not present any type of problem, at least as regards the use even without knowing the functioning of the markets.
On the platform it is also possible to intervene with stop losses and automatic closing of positions, as well as using trailing algorithms that allow you not to close a position when you are continuing to see interest accrue, even if you have set closing limits instead. position.
In terms of instrumentation, therefore, and even in the web version, eToro does not seem to be missing anything.
>> Try eToro Now: Open an Account Now <<
The Social function of eToro
The real revolution, however, brought to the investment market by eToro concerns the possibility of participating in "social" investments: for each type of share, financial security or underlying in fact it is possible to consult not only what the market expects (with a percentage of purchases and social sales by eToro subscribers), but also to read what are the comments of the subscribers to the website.
This is a new way of investing that allows us to therefore also have the analyzes, comments and sharing of those who, like us, have chosen eToro to invest.
On eToro the top traders are defined as popular investors: it is possible to study the winning strategies of the best, trying to grasp the principles that govern them. There are two criteria for choosing and highlighting traders:
- best history: it is possible to filter on the basis of the history, it being understood that past returns are not indicative of future ones;
- risk exposure: opting for those who adopt a more conservative strategy, one operates more prudently.
To access this benefit, just sign up and deposit as little as $50.
Taking into account the fact that one of the tips for beginners is never to move like salmon, or against the tide, being aware of how at least the investors registered with eToro are moving can be of great help, especially for those who are taking their first steps. .
Purchase of Zero Commission Shares
eToro is very popular compared to other platforms because it allows the purchase of shares on the market at zero commissions.
In addition to the well-known financial instruments typical of trading platforms such as CFDs, in fact, with eToro you can directly buy shares or fractions of shares without leverage and with direct access to the market: eToro, in fact, guarantees the purchase of the underlying security.
The advantageous thing is that you do not pay commissions for purchases and sales: consider that a bank account, on average, costs €8-10 per operation and makes small investments inconvenient.
With eToro you can invest even a few hundred euros in shares without paying absolutely any purchase and maintenance costs.
If you want to try this feature, I recommend you do it in demo by registering.
Payments and withdrawals
Payments on eToro can be made using the most widely used and safest payment methods on the internet, such as the credit cards of the most used circuits (Visa, MasterCard), as well as internet circuits such as Skrill and PayPal.
Any interest obtained with our investments can be brought back to the cash desk using the same methods that are used for payments, which in a maximum of 72 hours will reach our card or our bank account.
There have never been, at least to date, delays in payments or problems relating to both the payment and the withdrawal of the money on the platform.
A simple platform to use
The criticism that more experienced investors move to eToro is on its perhaps excessive simplicity.
You can invest very easily with the tools made available by the platform, even if it is perhaps relatively more difficult to operate at a lower level, organizing one's investments in a more articulated way.
In addition to the stop loss and the stop gain, there is not much else that is made available to those who want to invest on the platform and therefore those used to more complex investment structures may not find everything they need, by organization. of the interface and structuring of investments, which may already be used on a similar platform.
The fact remains that eToro continues to follow a trend that it has contributed to popularizing itself: ease of access.
A more advanced investor might look at this with little interest but if you are at the first approach to trading, ease is to be considered a value.
By registering on the platform you can realize it yourself: once registered, just $ 200 is enough to access the strategies of the top traders.
eToro Demo
The great advantage for those who have decided to operate with eToro is the possibility of accessing a demo platform that allows you to get to know the tools made available by the platform.
This is an excellent school to go and understand, before investing real money, how to behave on the platform: 100,000 virtual dollars are made available to start investing "for fun" and take measures to the types of investments that we plan to go to use.
To access the platform it is not necessary to make any payment: it will be enough to register with your email to have access to the eToro Demo and start investing virtual money and see if we can really make a profit, even if not real.
Even those who have worked with other brokers should take a week to use the Demo and fully understand how the investment system offered by eToro works.
Opinions are positive: eToro is a good platform for beginners
Despite the grumbles of the most experienced investors, eToro must be recognized for its ability to have attracted, through an easy-to-use platform, many investors who previously would have had to switch to banks and institutional investors, and who today can instead invest in absolute autonomy, with everyone. the advantages and disadvantages that this entails.
The platform, as we have seen, is safe and also provides a Demo phase which is of sure importance both for beginners and for those who are an old fox of the markets.
One of the features that is mostly preferred is direct access to the stock market at zero commissions.
The ability to copy from other traders is certainly useful for beginners and, if combined with a little study, it can represent an excellent starting point in a complex sector.
You can try eToro by opening an account on the official website.