eToro Forex Review 2013
Description
Overview of eToro Forex features and characteristics, including clients coverage and regulation, account types, markets covered, commission structure, trading technology, educational resources, available analysis and research tools, and customer support facilities.
Document Sample


Review of
eToro
01/09/2013
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Company Profile
Registered Name: eToro (Europe) Ltd.
Headquarters: 7 Omirou St.
2nd Floor
3095 Limassol
Cyprus
Foundation: 2006
Status: Independent Broker
Entity Level: Parent Company
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Broker Type
• CFDs
• Forex
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International Reach
Clients Coverage: International - over 75% international clients
US Clients Allowed: No
Not Accepting Clients From: United States
Website Languages: Arabic, Chinese, Dutch, English, Finnish, French,
German, Greek, Hungarian, Italian, Japanese, Korean,
Norwegian, Polish, Portuguese, Russian, Spanish,
Swedish, Turkish
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Regulation and Safety
Regulated: Yes
Regulators: ACP (France), AFM (Netherlands), ASIC (Australia), BaFin
(Germany), CBFA (Belgium), CFTC (United States), CMC
(Greece), CMVM (Portugal), CNMV (Spain), CNVM (Romania),
CONSOB (Italy), CSSF (Luxembourg), CYSEC (Cyprus), FI
(Sweden), FIEE (Estonia), FMA (Austria), FSA (Norway), FSA
(Denmark), FSA (United Kingdom), NBSSK (Slovakia), NFA
(United States), VPK (Lithuania)
Money Segregation: Yes
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Accounts and Opening
Types of Accounts: Basic Account
Premium Account
Account Opening Process: N/A
Time To Open an Account: N/A
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Account Types
Demo Account: Yes
Islamic (Swap-Free) Account: Yes
Managed Account: No
MAM/PAMM Account: No
Portfolio Management Account: No
Retirement Account: No
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Currencies and Funding
Account Currencies: EUR, GBP, USD
Funding Options: Bank Wire, GiroPay, MasterCard, MoneyGram, Neteller, PayPal,
Skrill/Moneybookers, Visa, WebMoney, WesternUnion
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Exchanges and Partners
Member of Exchanges: N/A
Execution Partners: eToro USA
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Underlyings Covered
• Commodities
(Gold/Silver)
• Currencies (Majors)
• Stock Indices
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Commissions
• CFDs: 0.1% min. $0.01 per transaction
• Forex: Spread
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Trading Platforms
• eToro Mobile Trader by eToro
• eToro OpenBook by eToro
• eToro WedTrader by eToro
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Trading Channels
Web: Yes
Desktop: No
Mobile Yes
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Integrated Modules
News: No
Charts: No
Indicators and Studies: No
Custom Indicators: No
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Trading Features
One-Click Trading: Yes
Chart Trading: No
Hedging: Yes
Scalping: No
Fractional Pips: Yes
Guaranteed Stop-Losses: Yes
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Auto-Trading
EA (Expert Advisors) Allowed: No
Social Trading (Follow/Copy): Yes
Custom Auto-Trading System: No
DDE Capabilities: No
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Order Types
Market Order: Yes
Limit Order: Yes
Stop Order: Yes
Trailing Stop Order: No
OCO Orders: No
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Forex Execution
Dealing Desk (DD): Yes
Non-Dealing Desk (STP): Yes
Instant Execution: Yes
Direct Market Access: No
ECN: No
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Forex Spreads
Spread Type: Fixed
EUR/USD: 3.0
USD/JPY: 2.0
GBP/USD: 4.0
USD/CHF: 3.0
AUD/USD: 3.0
USD/CAD: 3.0
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Education
Platform Guides: Yes
Seminars: No
Webinars: Yes
Tutorials: Yes
Personal Coaching: No
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Tools, Analysis & Research
Charts: Yes
News: No
Financial Calendar: No
Screener: No
Market Analysis: Yes
Trade Strategies: No
Online Community: Yes
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Customer Support
24/7 Support: Yes
Phone Support: Yes
Phone Dealing: No
Call-Back Support: No
Email Support: Yes
Live Chat Support: Yes
Skype Support: No
Personal Account Manager: No
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Ratings
Rating N
Average Rating by
3.75 1
Professional Review Sites:
Average External Sites Users
2.54 2207
Rating:
Average BrokersWiki Users
4.40 10
Rating:
Weighted Average Final
3.64 2218
Rating:
Max. rating: 5.00
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More Information
To find more information, ratings, reviews, comparisons, and news about eToro,
click here:
eToro Forex Review
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