Company Name: RetailFX Ltd
Address and Contact Details: 7 Omirou Street, 2nd Floor,
Limassol, Cyprus 4046.
Sign Up Offer: Yes
Demo Account: Yes
Social Trading: Yes
Minimum Deposit: US $50
Regulator: e Cyprus Securities Exchange Commission (CySEC), Financial Services Authority (FSA). ASIC Regulated through its partner IC Markets.
- OpenBook Winner of FSTech 2012 Award
- OpenBook Winner of the 2011 Superior Trading and Resource (STAR) Award
- Best of Show Award at FinovateEurope 2012
The company is one of the biggest investment networks of the world. eToro was founded in the UK in the year 2007. The Financial Services Authority serves as the regulatory authority of eToro. The eToro company headquarters are situated in the Virgin Islands and the administrative offices are situated in Cyprus.
The company has trading facilities in numerous cities which include Singapore, New York, Sydney, Dubai and Australia. In 2008, the company launched its web-based trading platform called WebTrader.
In the year 2010, eToro became the first trading company to launch the first social trading investment network of the world. In 2011, the company introduced its mobile apps to trade using mobile devices like Android Phones, iPhones and Blackberries.
eToro’s new social trading network allow all its customers to find other traders, expert traders to learn and follow according to their record.
Brokering Features and Fees
- Min stock commission: No commission
- Monthly fee: 200$
- Minimum funds to open account: No minimum amount required
The company offers online software which provides flexibility to trade based on people’s requirements. The eToro platforms are very fast and easy to use.
OpenBook is the social trading platform which keeps people in touch with numerous trading partners. It changes the online trading industry and leads in a new way as a social trading solution.
WebTrader is the flexible web trading platform, in which people can find the community trading features and trading tools. It is synchronized with OpenBook activity which is the perfect place to monitor, manage and analyze the market movements.
Mobile Trader is easy for the traders to stay in touch with OpenBook investment and maintain the copy trading activities by iPad, iPhone, Android, Blackberry and some other smartphones. It provides the user with the live feeds, OpenBook ranking, easy access to trading platforms and options to copy the best traders.
The eToro is designed with various features which make monitoring, trading and interacting very easy. The eToro features contain visual representation, practice mode and trade. In visual representation, the trader is provided with numerous creative representations, and they can monitor the activities easily. It allows traders to polish the trading skills.
eToro OpenBook is the largest social trading network. Follow and interact with all other traders of the eToro community.
eToro has a perfect Forex broker tool and state-of-art applications to facilitate their customers. The smart platform is highly effective to trade fruitfully. eToro provides with aggressive charts that are the first-rate instruments to calculate the market at a quick glance.
From chart analysis, to checking open trades and even maintaining with online news, the WebTrader interface makes sure that all the choices are at the fingertips. The eToro WebTrader offers a bunch of skilled technical charts made with the recent analysis methods.
OpenBook Social Trading
Social media trading permits traders to do business online with the aid of others. Social trading cuts the learning curve from beginner to skilled Forex trader.
eToro OpenBook enables you to:
- See all trades of other traders in real time and spot new market opportunities and trends
- Follow the strategies of your fellow traders and monitor their success rates
- Copy the trades you’d like to do yourself
Webtrader is simple and easy to use on the browser without installing any software. Access all eToro trading tools. Both trade for real and practice.
Ready to try WebTrader? Click here.
The trading platform of eToro has established a Mobile Trader platform that creates an easy way to open or close deals while on the go. This mobile trader provides customers with the facilities of checking online fees, latest rankings etc. The platform offers easy to connect dealer collections and the chances to copy best dealers’ action from any preferred place.The mobile trader is web based software for tablets and smart phones.
Ready to try Mobile Trader? Click here.
The eToro is one of the biggest saving networks of the world. As a leader in social trading, the eToro offers an easy visibility and satisfactory methods to provide trading in indices, currencies and commodities online. More than 1.5 million people globally make financial trading with eToro.
eToro provides trading opportunities in about 20 currency pairs, commodities like oil, gold and silver and indices such as SPX500, DJ30, UK100 etc.
Deposit and Withdrawals
eToro offers quick and simple fund depositing facilities into their trading accounts. There are many methods through which a user can fund his account. A trader can easily select whichever technique that he thinks best for him. The deposit methods are:
- Credit Card
- Neteller / 1-Pay
- Skrill (MoneyBookers)
- GiroPay (available in Germany only)
- Wire Transfer
- Western Union
All transactions take place using the SSL technology, ensuring that the individual’s details are secure.
Withdrawal of funds
eToro offers several options for fund withdrawal which include Credit Cards, Paypal, Moneybookers, Neteller, Western Union and Bank Transfers. For withdrawing funds for the first time, there are some essential documentary requirements that the trader needs to fulfill. eToro charges withdrawal fees that depend upon the amount requested for withdrawal. The process of withdrawal usually takes five business days.