eToro is a world leader in social trading and networking that aims to transform the money management market and improve its accessibility to people all over the globe. The company boasts of over six million registered users and a range of innovative trading and investing tools at the disposal of its customer base. Founded as an entrepreneurial project by three entrepreneurs, eToro had a mission to make the accessibility of trading more available to anyone anywhere in the world and to reduce the over dependency on traditional financial systems for social trading. When talking about social trading, eToro having established its status in the financial management sector is a name that is hard to miss.
A decade later, it suffices to say that eToro has been successful, to say the least. With successful launches of new products from the year 2007 through to 2017, eToro has been able to transform the money management industry while making its mission a success at the same time. In January 2007, eToro launched its Visual FX trading platform, a platform that makes it easy to understand trading by the use of graphic depictions of various financial instruments. A year later, in January 2009, eToro launched its WebTrader, a new eToro product which allowed users to trade online anywhere and everywhere. January 2011 saw the birth of OpenBook, a platform that enabled users to join the fintech revolution. The new product even won the Finovate Europe Best of Show in 2011.
The following subsequent years saw eToro’s success story continue with the launch of a new product every January.
These new eToro products included the introduction of stocks in 2012, a new mobile app in 2013, a new innovative interface in 2015, introduction of CopyFunds in 2016 and lastly addition of Cryptocurrencies to the company portfolio in 2017.
Trading with eToro is an easy and fulfilling process. Their website even has a help and education section where new users can familiarize themselves with the trading options, learn how to use the various financial instruments available for use, learn about markets and also get a professional overview of the markets to inform their trading decisions. Opening an account with eToro is an easy and hassle-free process. Depositing into your eToro account after opening and verification is also simple and easy, with various payment methods available to choose from. These payment methods include Paypal, Neteller, and Skrill.
Moreover, the payment process for eToro is secure and safe, communicated with a technology called Secure Socket layer technology that ensures privacy and confidentiality of user information. The minimum deposit for an account depends on the regulations according to country or region and varies between $200 and $10000. Additionally, the website provides useful procedures on how a user can deposit into their accounts according to the different available deposit methods at eToro.
Withdrawal options offered by eToro, just like the deposit options available, are reliable and efficient. Funds are withdrawn using the same methods and into the same accounts that were used during the deposit process. The withdrawal process can be done anywhere at the user’s convenience with the funds taking up to one business day to process by eToro staff and personnel. Receipt of the funds into the account, however, is dependent on the customer’s financial provider. It is also worth noting that the minimum withdrawal amount at eToro is $50 with a fee of $25 for any amount above $50. Notification of a withdrawal transaction is via Email, once the process is completed.
There are a number of trade markets available of eToro. These include stocks, commodities, currencies, ETFs, Indices, and Cryptocurrencies. Information containing everything a user should know about this markets are traded is available on the website. Also available for each asset class is a variety of investment strategies and techniques that can be learned on site, through the education and help section. Moreover, the site offers a demo account that users can use to learn how to trade without the risk of losing their money. The portfolio available at eToro matches those provided by some of the best financial institutions world over.
In conclusion, eToro has been able to fulfill the mission it had set on a decade ago. Social trading has never been easy like it is before, and at eToro, a user can access the financial market at any time, in any place in the world and in the convenience of their handled electronic device. eToro offers fast, reliable, efficient and secure services, it is, therefore, a good choice for anyone venturing into social trading of financial markets including currencies, commodities, and stocks.Visit Now