Buy cryptocurrencies and many other assets and sell them at a bargain price with eToro. This well-known trading platform is considered the fastest growing worldwide, so skipping it would be an unforgivable mistake. To prevent this, we have compiled an eToro review to help you learn more about this popular site.
About eToro
eToro calls itself an international social trading platform. Its owner is eToro Ltd., headquartered in Limassol (Cyprus). It originated in 2006, but it has become trendy relatively recently. The impetus for the rapid development and popularization of the brand was a sizeable financial injection into a marketing company covering all continents. So eToro advertising appeared everywhere, and its logo began to show off on the shirts of many famous football clubs from Europe. The significant financial investment was not in vain. They have helped eToro become the most recognizable trading brand.
eToro strives to intelligently combine the capabilities of a trading platform with a dedicated social network for traders. This combination gives a chance to work and communicate, learn from experience, and develop. The platform is ideal for buying/selling cryptocurrencies. Also, a popular area is trading indices, stocks, ETFs, and other assets. Every eToro customer has the option to use the copy trading option. It will allow you to make good profits by simply repeating the actions of professional traders.
Most clients will like the transparency in withdrawing commissions for financial transactions. A whole section on the eToro website is dedicated to this, where the percentage that the user will lose is indicated. All commissions are minimal compared to competitors. There are no costs in some cases (for example, when trading ETFs and stocks). This approach to pricing is not unusual. However, it shows the desire of the company to please customers and do everything for their comfortable work.
Important features
eToro crypto gives customers access to mutually beneficial cooperation. The first step towards it is to identify the desire of the user to operate this platform. It is also necessary to perform several standard actions that teenagers can handle.
Walkthrough:
- Start by going to the eToro website. On the main page, find the “Start Investing” button (if registered in advance, click eToro login).
- After clicking on it, the account creation form opens. Enter your data or immediately create an account using Google or Facebook.
- You agree with the terms of cooperation and the rules for using the services.
- Click “Create account” and confirm the desire to register an account.
- At the next stage, go through verification. To do this, upload scans of documents proving your identity and confirming your residence address.
- Choose a web version or download the appropriate mobile application.
- Next, go to your account and, if necessary, change the settings.
- Deposit money into your trading account and start trading.
eToro has no secrets from its customers. However, a simple layman planning to begin using the company’s services should learn various details about it. This approach will help to find common ground and make future work more fruitful.
Important features:
- Demo version. It is of sufficient quality and is not much different from the real one, so users must agree to use it. This approach will help assess the platform’s capabilities and practice working with various assets. The demo version has no restrictions, so the only difference from the real one is the virtual money in the account.
- Affiliate program. She is another reason why you should try partnering with eToro. Its conditions are such that each trader registered through your link can bring you additional income. Specific amounts are paid for his actions, which depend on the user’s activity, trading performance, and many other factors.
- Training. eToro can teach every client how to make money with social trading. To do this, the company has developed an educational curriculum that covers many interesting topics. It contains exceptionally high-quality materials that will be useful even to an experienced trader.
- Customer support. For eToro, this service does not work very quickly. The company will explain this to many users who ask many questions. Answers can often be found in a special help section available on the official web resource. You can use e-mail to communicate with operators. An alternative to it will be a feedback form.
- Interface. The popularity of eToro in different countries forces the company to create a multilingual platform interface. It is implemented quite qualitatively, and mistakes in words are infrequent. Traders have the opportunity to use 20 available languages. The company plans to continue working in this direction and increase the number of supported languages.
- Replenishment/withdrawal of money. Both operations can be performed in 8 different ways. Most often, customers use bank cards and popular international payment systems. In all cases, a fee is charged for financial transactions. Its size depends on several factors, so it isn’t easy to calculate it in advance.
Buy bitcoin with eToro and other assets as simply and profitably as possible. That is why this platform is one of the best in the world, and its popularity among traders is constantly growing. So that you can understand all its attractiveness, you must carefully read all the available information. This will allow you to choose the right approach to eToro and forget about financial difficulties.
