Have you ever heard of eToro? If you are interested in online trading, you can't help but know the broker who revolutionized the industry by introducing new features that the world of trading had never seen before! Together with other platforms, such as cTrader, for example, it is the safest and most complete.
Etoro is that broker characterized by its typical green color, the color of hope, the color of money. It is no coincidence that the other symbol associated with eToro is that of the bull of Wall Street to underline the power of financial markets in which today everyone can participate thanks to the services and platform.
In this review we want to present eToro and all its advantages to do so we relied on the help of the leading Italian experts of the eToro broker, that is the editors who work for the Edilbroker.it portal that for years has been dealing with the broker and is constantly updated with all the news that concern him.
The eToro Mission
The company that created the broker eToro started its journey in the field of online trading with only one great purpose: to bring trading closer to people so that everyone can participate.
This is a broker who looks like he is really able to accompany aspiring traders in the world of financial markets and does so by offering them the tools for a constant improvement of their trading skills.
It is therefore a broker who focuses primarily on the client's interests because his profits do not, of course, depend on the losses of the investor, but simply on the volume of trading. The more satisfied the clients are and use eToro regularly, the higher the broker's registered revenue.
It is clear, therefore, that in order to take care of his own interests he must take care of those of his traders first. It is no coincidence that today the broker has more than 4 million users worldwide.
It is a forex broker, which means that it is mainly focused on offering financial intermediation services to enable its clients to trade in the Forex market.
If you did not know, Forex is the market where currencies are traded, that is, you buy and sell currency. The function of Forex is therefore very important because thanks to it the strength of one currency is established with respect to another, this also implies at a practical level, to know how much your currency is worth at the exchange rate with another.
Etoro allows trading on a large number of different currencies and assets and has also introduced for a long-time trading on crypto currencies and other virtual currencies. This is an interesting aspect because cryptovaluaries are one of the most lively and interesting markets of all.
The platform for trading: these are our opinions
The platform is the virtual place where you will go to trade. The eToro look very pleasant, so it not only satisfies from a technical point of view, but also for the aesthetics. In practice you can make a simple and direct use of the platform because all functions are within reach of a click and you are hardly in difficulty in placing trading orders. In addition, on the eToro platform you can do Social Trading or you can have contact with other traders and also copy their investment transactions. All this leads to a number of advantages such as:
For several years now, an innovative financial market has been spreading in Italy. This works closely with the internet and allows you to earn money with operations of various kinds: especially for buying and selling (triggering an extreme and varied plethora of different opinions and comments, among experts and not). It is Trading online, also known as TOL. Thanks to this tool, those who have a bank account or who decide to invest in the stock exchange, can buy and sell financial instruments from the comfort of their home, using their own Personal Computer. The regulation took place precisely in 1999 thanks to the new Consob Regulation activating the single text of the financial markets.
Most of the time we Italians need to try a service before we can fully use it: just open a demo account to trade.
It is much easier to analyze some data through the reading of graphs than the discussion that can arise around simple numerical inputs. Through the graphs it will be possible to monitor information related to volumes and other technical indicators (they are displayed at the base of the graph characterizing the time axis). To give a concrete example, the bands of Bollinger are directly represented on the price graph.
For this 20-30 minute technique we will use a few indicators, very effective and used by the best professional traders.