Etoro Review
Etoro Trading Platform
Etoro is a well know and trusted platform with 3 user interfaces.
The main Etoro platform is user friendly and great for both beginner and advanced traders. It has 17 cryptocurrencies and you are also able to trade currencies, commodities, stocks, ETS’s and indices. For beginners the Social trading is a winner as you are able to follow and trading strategies of other pro traders, note that most require a minimum of $200 for each copy trade. Included in the platform is market research and analysis tools which are an essential tool for trading or investing. You are also able to practise trading with the virtual option where you don’t have to risk real money till you are ready.
Etoro app is optimized and available on IOS, android and goolge play devices, for desktop/laptop users only the web browser version is available as the desktop app was discontinued. Both the website and mobile app are nearly identical in functionality.
EtoroX Exchange
The etorox platform might be preferred by advanced users which is majority cryptocurrencies with news that tockenised stocks and commodities to be added to the platform in the future.
Etorox has trading view integration with the common and special order types , incuding a news and analysis section. Etorox is only available through a web browser which includes the FIX API protocol for faster integration and authentication.
To create a Etorox you first need to create a trading account on etoro, once you have been verified you will be able to sign into etorox by using your etoro username and password.
Etoro Crypto Wallet
Etoro money crypto wallet app is available which is used for storing cryptocurrencies and the ability to send and receive cryptos from other wallets or exchanges, for now the app supports more than 120 crypto currencies with the ability to change/swap 500 plus pairs to other crypto assets on the app.
Crypo currencies bought on the etoro trading platform can be transferred to the wallet. With etoro wallet you are able to store, recieve and tranfer the crypto currency anywhere on the blockchain with a private on-chain address.
To create a Etoro Crypto Wallet you first need to create a trading account on etoro, once you have been verified you will be able to sign into etoro Crypto wallet by using your etoro username and password.
Etoro Support Support
Live Chat support:
Etoro provides live support to any customer that has made a deposit, 24 hours a day from Monday to Friday. Click on:“Still need help? Chat with a representative” in help center.
Help Center Page:
On the help center page you will find support for most inquiries.
Customer Service Center:
In the customer service center you can open a ticket for any enquiries you may need which may take up to 48 hour receive and answer. You can also see the status of your current customer service ticket and any previous ones you have submitted.
Etoro Fees
Deposit Fee: Free
Withdrawal Fee: $5 (Min withdrawal amount is $30)
Conversion Fees: From 50 PIPs
Inactivity Fee: $10/Month (Only if you have not logged in for 12 months)
Stocks & ETF: 0% commission (Min investment $50)
Cryptocurrency Spread: 0.75% to 4.9% (No Overnight fees)
CFDs: Stocks & ETFs 0.09% – Currencies from 1 PIP – Commodities From 2 PIPs – Indices from 0.75 Points – Cryptocurrencies from 0.75%
Deposit methods:
Credit/Debit Card, Bank Transfer, Klarna, Sofort. E-wallet(Paypal,Skrill,Neteller).
Security
Etoro has excellent security measures in place and operates in accordance with FCA, SySEC and ASIC regulations. Funds are kept secure in top-tier banks and personal information is guarded under SSL encryption.
It is highly recommended you secure your login with Two Factor Authetication (2FA) which can be activated with etoro in their setting tab, the 2FA option available is via sms.