eToro has the most known companies that one can invest in. Also, the minimum threshold is only 200$ which is acceptable for a beginner with a small budget. Last but not least, eToro provides a cool feature called "trailing loss" which dynamically sets the closing price of the stock. Recently, eToro added more markets which gives more choices to users. Another feature that this trading platform provides is copying other users which makes it easy for beginners to trade by copying other users.
A lot of hidden fees, for example, when withdrawing money a fee need to be payed about 20$. Also, when we try to change the "Stop loss" a fee will be deducted from the available balance. A minimum of 500$ is required to open a new trade with a leverage X1 which is a high threshold. An annoying thing I should mention is people how are promoting themselves to get more copiers and filling the feed with their portfolios results ...
eToro helps in making trading easier. In fact, with some clicks, you can open positions in different companies. eToro helps me to learn how to trade and follow the stock market and get an insight into how the stock market evolve.
eToro offers several benefits to traders and investors – the following three add the most value to my investment goals. eToro makes it easy for me to trade different financial assets, such as stocks and exchange-traded funds (ETFs) listed on the NYSE and NASDAQ and cryptocurrencies, which would have otherwise been challenging or a hassle for me as I live in Southeast Asia. The sign-up process was straightforward. Trades are done in real time, and I have not encountered any issue over six months of trading activity. Another feature I like about eToro is that it offers different ways of depositing funds into my eToro account, including wire transfer, credit/debit card, and PayPal. Not many online trading platforms accept PayPal deposits; the fact eToro does was one of the reasons why I decided to join. eToro offers a range of services and tools according to the customer's membership tier, which depends on the customer's realized equity. As an eToro Platinum+ member, I especially appreciate the complimentary digital subscriptions to The Wall Street Journal and The Financial Times Standard Edition. Both publications provide insightful news and editorials.
Although eToro facilitates trading on several different stock exchanges, I have found that not all stocks and ETFs listed on them can be traded on eToro. This issue is not a significant issue for me as most, if not all, companies with the largest market capitalizations can be traded on eToro. If an ETF in which I am interested is not available for trading on eToro, I am usually able to find a similar alternative ETF that is.
With eToro, I can easily trade stocks and ETFs listed on the NYSE and NASDAQ, as well as cryptocurrencies – as a trader and investor in Southeast Asia, trading and investing in these financial assets would have been more difficult otherwise. The ability to deposit funds into my eToro account by different methods, including PayPal, is convenient. Finally, the digital subscriptions to The Wall Street Journal and The Financial Times as perks of my Platinum+ membership are value-added benefits I appreciate.
I like the platform because it´s user friendly and easy to use for people starting in the investment world, it offers the option to follow some experienced traders and copy their portfolio, you can also invest in some cryptocurrencies that are available like bitcoin. You can also follow a miz of trader or company sectors recommended by the tool. I feel the fees are ok. The onboarding process was easy to follow and I was able to invest immediately after the deposit was made. I love the option of virtual portfolio, it gives you the option to test the tool before using real money. I recommend using the virtual portfolio first to learn how to use the tool and then to invest your own money on the platform itself. The mobile app is user friendly as well as the web-based platform. I wanted a tool I could invest some money without the need to check daily, i is working for me as a social trading app and a midterm long term investment strategy. I donñt have daily trading knowledge. so it fits my needs in a great way
i feel the documentation and user guides can be improved, the crypto trading can be improved as there ate not enough options to choose from, only the most popular ones. The risk score is not clear and sometimes is confusing
i´m able to invest some money following the steps of more experienced investors and traders
I like the ease of signing up and confirming the identification process. You can start fast and it is easy to navigate through the options as well on the computer or the phone. It is always working. Easy to make a purchase or a sale. There is a great network of traders that you can copy and choose from. Very low fees or there are no fees sometimes. You can get the money out fast and back to your bank account in a respectable time period.
Disabling the eToro account if you are just temporarily in another country... for me was a difficult process to set it up again. There is too little regulation on the people you can Copy on the trades as you don't know if that is their full time or part-time commitment and it is hard to find a good person to follow. When the opening and closing position there is a little fee every time.
I solved the problem of investing and putting money to a tool that it can grow it if I didn't need it to be easily accessible.
eToro is a trading or e-commerce platform that has been in the market for several years, but has become more popular, with computer applications and applications for mobile devices, it is a very reliable wellet to save your income and even improve it as it works With trading system through a social platform that constantly studies the stock market of more digital currencies, you can recharge balance in a wallet through PayPal. Netller, bank account, credit card, Skril, WebMoney and Giropay, is an extremely reliable platform, and can issue money withdrawals under a small commission.
One of the negative aspects of etoro, is that the first motenary entry to the platform is 2000euros, a sipher quite high for the capacity of the system, I really do not know if it is worth entering so much unless you have a lot of domain of trading and you can multiply that figure, apart from that, it has a very high exchange commission, and it would really be good if they improved their prices because part of what we earn is stuck in the withdrawal and trade commissions.
We were looking for a system to save money and in turn be able to multiply it a little, sales were down and the company lost a lot of income in expenses and maintenance, thanks to our financial manager, and our marketing studies, we found this application, and thanks to its real-time market analysis, we were able to increase our company by increasing the capital invested and improving the company's passive income.
I like that Etoro's platform is intuitive and easy for people who may not have experience with other brokers or who are starting in the world of investments, we must remember that the broker is only the intermediary between the owner companies or stock exchange, it does not mean that by entering our money we will become rich overnight.
Like most brokers the Swap costs and commissions in some operations can be quite high so if you do not have good knowledge of the StopLoss or amount of lots or investment to make you can lose a lot of money, however you must train yourself before entering.
It has allowed me to diversify my savings, with a lot of responsibility, that is to say, I took part of my savings and I have been investing it in different stocks, withdrawing partial withdrawals, so it is a good solution to obtain returns, but remember that the risk is also great as you can obtain good returns you can also lose them.
what I like the most about Etoro is the copying trade from professionals feature that makes it easier for non-professionals to trade. Even better it' s withdrawal fees are so low compared to other trading websites. I also like the fact that I can see what other traders are doing, their trades, and their profile.
I really don't like the fact I have to wait for three to five days to receive my money. Etoro trading currency is only in US dollars. I'd wish they introduce other currencies especially for traders in Africa.
I have been looking for alternative means of earning a livelihood and Etoro helped me do it. I'm now earning extra money just working at home and on the move as I do the things I love most; traveling. I realized I didn't have to have knowledge on forex trading and waste all my time trading while I can just copy trade from other experienced traders. it's so easy.
Not a thing. I could say you can find your way around the app easily, but it's not that easy. You have to spend quite some time on it.
I tried using eToro first without making any deposits. Since I've used a few other platforms that caused issues when withdrawing funds and in different situations, I wanted to try the eToro's virtual account out first. I've run into problems like when I tried to change my password, no eToro platform will allow it, not the site, not the app. I've sent SEVERAL messages asking eToro to help me out, but they just send me automated replies saying they're not going to help me until I've deposited some money. But honestly, I CANNOT make any deposits if that's the message they're sending me.
The problems I've had are still there. EToro will not reply to me until I've made a deposit, but as I said previously, I DO NOT feel comfortable depositing money to a company that's clearly not willing to help out a prospective customer one bit. I DO NOT RECOMMEND ETORO!