|Official Website URL||www.eToro.com|
|Support Types||Live Chat, Phone, Contact Form, E-mail
|Minimum 1st Deposit||$200|
|Open FREE Demo||Open FREE Demo|
|Deposit & Withdrawal Methods||VISA, PayPal, Neteller, Skrill Moneybookers, Diners Club, JCB, MasterCard, Web Money, Yandex
|Number of Assets||50+|
eToro is a cryptocurrency trading broker. According to many prominent and reputable finance experts this company has managed to revolutionize the aspect of cryptocurrency exchange, by introducing new features and methods that traders can take advantage of in order to accumulate stable results from dealing with bitcoin trading etc.
One interesting fact related to the brand and the name of the crypto broker is the fact that its founders say that the letter “e” for the word eToro has the meaning of easiness because trading with online platforms is really simple. We conducted initial research related to the broker and the results we gathered show that the company is definitely one of the leading in the field of cryptocurrency trading. Maybe the most positive and important service that the broker offers is copy trading. In other words, the members of the platform are able to copy or just follow experts and their trading history with the eToro Openbook. Also, they can also use various tools that can help them become more proficient.
Review Verdict: eToro is Not a Scam
Visit eToro Official Website
At the moment, the broker works with 3 trading platforms: Openbook, Webtrader, and Mobile Trading platform. Webtrader is the classic platform users can utilize to deal with their preferred cryptocurrencies such as Bitcoin. There are some additional features such as live-chat section. You can use this options to interact with other investors and share experience and ideas with them.
The interface of this platform is user-friendly and easy to understand and follow. You only need Internet connection to access it. eToro Openbook is something like the Facebook of crypto trading. It allows users to see what other traders are doing in real time. We believe that this platform provides people with an interesting social aspect. They are able to learn from more experienced investors in order to become more profitable and successful. Also, in case you do not want to learn how to trade, you can simply copy expert traders.
The Mobile Trading platform is a free app available for both iOS and Android mobile devices. You can trade on-the-go by using it.
eToro Account Types
The crypto broker has ensured that its members have access to various account types depending on their specific needs and preferences. Now, we would like to provide readers with more information about each one of the 5 tiers:
- Bronze Account (Open Account Here) – the smallest account type which is perfect for beginners and requires initial deposit of just $1000.
- Silver Account – it is perfectly suitable for intermediate investors that already have some knowledge and experience. The minimum deposit is again $1000.
- Gold Account – this account type is for more proficient investors as it has more features and additional options. The needed sum to open it is $10,000.
- VIP Account – the most proficient account type for which you will need at least $20,000 in deposit.
- Islamic Account: For the Muslim faithful, the Islamic account at eToro allows for ‘No Riba’ trading principle.
Broker Special Features
The cryptocurrency broker offers to traders many incredible special features and additional services which can take the trading experience to a whole new level.
The trading platform is really advanced and innovative but at the same time it is designed in a 100% user-friendly manner.
eToro Deposit &Withdrawal Methods
The eToro cryptocurrency broker offers Demo account to its members so they can first check the performance of the platform before investing real funds in it. The minimum initial deposit amount is as little as $200 and you can also select the Premium Investors program in case you are a trader who wants to deal with high-volume trading.
We checked the performance of the customer support center and we can confirm that it is available 24/7. Furthermore, it provides assistance in 8 languages and the staff consists of genuinely friendly and highly experienced online traders. They are perfectly trained and ready to help you at anytime. Finally, our research also revealed that the deposits and withdrawal process at eToro are smooth, fast and simple thanks to the great variety of available payment methods.
Is the eToro a Scam?
The platform is absolutely reliable and 100% legit. The best advantage of the broker is that it provides unique social trading experience and a plenty of useful and free special features. The interface is wonderful and the customer support service is reliable. Not only that, according to the results from our in-depth investigation, this crypto broker offers really satisfying results to all of its members thanks to the powerful implemented trading algorithms.
This is why, our final conclusion is positive and we recommend the platform to all our readers.
When it comes to trading with cryptocurrency it is of utmost importance for investors to find a legit and reliable platform to place their trades in. Nowadays, the market is full of bogus and fraudulent products. Thankfully, this is not the case as we personally checked the performance of the broker and we confirm its authenticity and proficiency. You should definitely opt for it to commence a really great online trading experience of your own.