This page contains a candid review of the eToro Online Forex and Stocks Trading platform and members website
Does eToro Work?
Is eToro a Scam?
eToro Executive Summary
Not Applicable (free to join)
eToro is a full service forex and stocks trading platform including training, trading, funds management, member website and user community
Jonathan Assia (CEO) – Run a background check (where available)
Jonathan Assia (CEO) is a former software group manager with over 8 years of experience in the fields of software development and management. Assia has accumulated over 10 years of experience in investments and Forex trading
Top selling trading platform, training services, membership site and winner of numerous awards including “2010 Most Innovative Trading Platform” and “Best of show” (Finovate Europe 2011)
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eToro/eToro Online Trading
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Does eToro Work?
So what is it which differentiates the most popular of forex trading platforms from the ‘has beens’? The question is intriguing and certainly worth investigating.
In terms of popularity eToro is king and has remained so for quite some time. It doesn’t take much more than a quick look around the site to see why.
A new, revolutionary platform in trading is finally here. With all things online trending towards socially shared knowledge and information, with sites such as Facebook, MySpace, or Friendster, investment trading has recently joined the pack, allowing people to trade and invest while following other successful traders.
eToro has provided an exemplary network for budding retail investors and entrepreneurs that, like yourself, are looking to trade and follow the trades of fellow investors and interact socially through a platform designed to share information of the most important factor investors have in common – successful trading and market trends.
eToro boasts the largest social trading network, OpenBook which finds itself home to more than 1.5 million members. With formats that include both at home and on the go, there are many ways to stay in touch with your community of investors and stay competitive in the field of investment trading.
No other format or network on the market today can allow you such open access to your investments. How else could you give and receive feedback from other investment community members from across the globe instantly? Exclusively offered through eToro, you have unparalleled access to the investment community and the network is as easily integrated into your social networking as checking your email. With ease of use, OpenBook through eToro is able to keep you trading efficiently and seamlessly.
With eToro, you are never trading or investing alone. Being able to contact fellow investors allows you to trade with confidence, knowing that there is always someone available to answer your investing questions, or someone to whom you can look for advice in trading. With so many investors connected to OpenBook, you are effortlessly able to see in real time the trades being made by fellow investors and with a single click, you are able to trade along side them.
Should you have any questions, hop onto one of the live chats through eToro. Chat in real time about concerns you may have, trends of the market, or just kick back and listen to the chatter, and have some of your questions or concerns asked and answered by fellow members of this vast online investing community.
But if you have a few questions to ask that haven’t been covered by the live chats, you can always turn to the fast paced discussion boards where dozens of investors from across the globe will be sure to give you some helpful advice, tips, and tricks of the trade. With this amount of community support, there is always sure to be someone able to give you a hand. After all, if other investors can answer your questions and help you to trade and invest profitably, they can follow the trades you make.
This cycle of receiving help and advice and being the one able to provide the assistance to the newest members of the community is the reason a platform like eToro was created. For investors to guide, teach, and learn from their fellow investors. If you just need some quick advice, try the Guardian Angel feature.
The Guardian Angel feature is an innovative tool, offering real time recommendations and useful advice to support the customer’s trading style and preferences. If this sounds overwhelming, and at this point, I’m sure it does, there is hope in sight.
You can have your trial and error on a free practice account that is set-up for you. Each customer is allowed to set up a free practice account to learn the ropes. What does your practice account include?
Each practice account is credited with $10,000 for you practice trading. You are also offered a regular series of trading challenges where traders can test their investment strategies side-by-side against other traders and earn real rewards for their skill.
With so many options, so much support, and even a free practice account to test your mettle before getting started in trading, I am blown away by the level of support offered for eToro and the amazing community of traders you’ll be among. So many ways to interact, there truly is something here for everyone’s comfort level and investment strategy. Come, join the world’s largest community of investors – there is sure to be someone here that has the answers to your questions.
Does it work? The answer would have to be yes.
Is eToro A Scam?
Too many products on the market today promise stellar results with forex trading, allowing you to simply relax, while the software does all the thinking, trading, and investing for you. What do so many programs, courses, and robots currently being sold fail to offer you? Being able to receive real advice, in real time, from real people like you.
Here is where the real difference comes in. eToro is backed by an online community of 1.5 million people, comprised of investors of different levels of expertise, different strategies, and different perspectives – all combining to give you access, in real time, to the best information currently being circulated on the market. No other product or course offers the level of customer support you can find through eToro.
Any other system can only offer you customer support, which oftentimes isn’t what you actually need. You need the advice that can only come from another member of your unique community. You don’t need a one-on-one phone call with the investor that created the software you’re using, because you can talk to real people.
You can tune in to the live chats and hear from fellow retail investors like yourself asking what the current questions and issues are, and get answers now to the questions you haven’t even thought to ask yet. Nowhere else can you get that level of support. Working as part of an immense network, you will be able to get the help you need as you need it.
This level of support comes from the dedicated online community, bolstering one another’s confidence, knowledge, and skill through collective information sharing. You can rest assured that you are received the best information, because other investors want you to succeed too.
As your skill builds, other investors will soon be turning to you for advice in trading, asking for your tips and tricks for making a good, solid profit, and will even be following the trades you make – to boost their own profits. With so many investors helping each, your level of community support and the incredible networking capabilities will only increase your own skill level.
But, if that wasn’t enough, there is a Guardian Angel feature that allows you, in real time, to access real time advice and recommendations tailored to your investment style and unique strategies. The most important thing to most beginning retail investors is finding the right trades at the right times and being able to seek and get the advice of more established traders to help guide them through the complex maze that trading has become.
Though, with practice comes skill. And eToro allows you the opportunity, without investing a dime of your money, to establish a level of confidence and skill in trading, before you start to invest your own money. Being able to test the system before your money is involved will allow you to make mistakes and learn from them before your hard-earned dollars are on the line. I cannot stress how helpful I’ve found that. Like many others, I’ve been able to learn and grow in this field at my own pace, without risking the nest egg I’ve worked so hard to build and keep.
No other system allows you the amount of learning that eToro is offering. I’m amazed with the number of features and the sheer amount of information that you have access to. You can even access eToro from home or when you are on the go. So many positive features and attributes, it’s hard to stress one above another, but for me – the ease of access and the simplicity of use really ranks at the top.
I can access information and people when I need to, to keep my trading successful. I can follow other traders and trade alongside the ones making the higher profits, and I can ask all the questions I need to understand and follow the market trough its ups and downs. I’ve enjoyed using eToro and contacting my mentors and fellow retail investors for advice, knowing that by helping me – one day, they too will be reaping the results of their well-skilled advice that they were kind enough to share. I look forward to the days when I can be the one sharing advice and guiding the next generation of investors to realize their potential.
I love how eToro works for me. So simple to use, yet it offers me comprehensive and current information right at my fingertips whether I’m at home or on the go. The sheer amount of information available is astounding, as is the support I receive in real time from other investors like me.
I have reviewed dozens of products and courses on the market and I have yet to find one as thorough and expansive as eToro. The vast network of investors is at 1.5 million and growing, the level of support I receive is phenomenal, and the advice and help I am able to benefit from is, up until this point, unheard of to me.
Here’s as short of a synopsis as I can give: this is network based, versus a static software, a mathematically programmed robot, or a series of courses by someone that cannot be on-call 24/7 to answer any questions that may come up.
With an impressive, skilled network of traders and retail investors across the globe, I am able to ask and get answers to my questions regarding the trends of the market in real time, as I have inquiries, I can ask them and get advice from people just like me, and that have been in the same situations I’m in, and are able to offer practical advice and useful tips to allow my to navigate my way through the daunting arena of inside trading.
If I’m not able to get an answer via live chat or through one of the many discussion boards available to me, I can use the Guardian Angel – a remarkable tool that advises me based on my trading style and personality and can give trading advice and recommendations that are tailored to suit my strategies. I cannot think of any other way to make trading in the markets today any easier.
It’s like having the Facebook equivalent of investing right at my fingertips. I can follow the investing of other successful investors, I can get and give advice, and I can trade from home or while I travel. No longer am I a slave to the computer that has my trading software on it.
Now, I can travel with ease, knowing that my network of trading colleagues are only a few clicks away. The confidence I have in trading and building my own net worth has jumped by leaps and bounds, and I truly enjoy the innovative format that eToro employs.
I love that eToro can function easily on its own – no charts to read, no new software to learn and understand, and no endless series of courses that teach you a few basics, but leave out the information that you really came for. Here, you can ask any range of questions, knowing that the goal of this community is to aid everyone in it, and help each member become more successful in their personal trading strategies.
After all, if you are able to view and benefit from one another, you have every reason to help one another achieve your goals. By being able to follow and copy the trades of another trader within the community – you can choose to follow only the best traders and quickly make the most of your investment. Other investors will be more than eager to help you, because by helping you, they are (in the long-term) helping themselves.
I appreciate the community element and the human aspect being returned to the trading process. After all, the most successful traders in the industry aren’t robots or software, they are people able to adapt and recognize quantitative changes in the market and shift their investment strategies to best profit off the ever-changing movements of the market and take into account global events that affect the overall state of the global markets and economies.
Being part of the eToro community has brought me back to the core of investing. Recognizing and allowing for one-on-one interacting in a safe online format has been long overdue, and seeing the social aspect returned to trading has truly given retail investors, like myself, the drive and the courage to enter the often mysterious labyrinth of trading, knowing that when we need to turn to someone for advice, one of the 1.5 million investors will be right there, able and eager to share some advice.
Finally may we wish you the best of luck with your trading. We hope our eToro review will help you make an informed decision.
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