The eToro ForEx software is the simplest ForEx trading software which can be used by anybody. Even if you have the least knowledge about ForEx trading, its graphical user interface is easy to understand and the tutorial is designed to help you and sharpen you with ForEx trading skills. Using quality software as this, you can trade like a pro within a short span. Its professional tools are designed to provide accuracy and reliability. It provides its users with an approach which is professional yet fun.

How it all started

Located in Cyprus and founded in 2006, its clear strategy attracted a wide number of people. It’s one of the most sought after online trading program people look for. One of the pioneers in online ForEx trading and still the first choice of a vast majority of traders, eToro continues to aim at making this software available to even beginners without any complexities. It is still the first-choice software for all the expert and experienced ForEx traders.

What is eToro?

It’s an online trading tool for real time transactions. It’s about buying a currency and selling another. It allows its users to determine the value of a currency by the end of a certain period. Rules are simple: buy at lesser values and sell at more. Though it may sound a bit complicated, it’s not that complex at all. eToro makes it so simple that even a beginner starts doing ForEx trading like a pro right from the first time. It has earned its reputation in a very short time and is continually increasing its popularity amongst traders worldwide. Its live demo, free trading, tutorials, glossary and step-by-step elaboration is a boon in trading industry. It has made trading so simple for laymen. What’s more? You don’t have pay any commission to eToro. Everything you trade is all yours! Furthermore, its completely legal and with some practise you can earn a lot.

Advantages of using eToro

eToro is a user friendly software which provides a self-explanatory platform to its users. It provides its users with different tools which are easy to use and with its guide and glossary it makes it easier for even a beginner to understand and play like a professional. Though there are many other software available in the market to compete with it, it’s is still the preferred choice by a majority. Its chat feature is an awesome one wherein you can chat with other traders, take tips and discuss any trading point you have. Its customer service is one of the reasons why eToro is popular as it provides support even on weekends. Its graphical interface is not complex at all. It merges all the information and shows it in the simplest form as to be understood by anybody. If you don’t want to spend any money, this software is available for free download and you can use it completely without any obligation. You can learn the tricks and when you are ready to use the software, you may deposit the amount you want to start trading with and then trade for real.

Minimum system requirements

Windows operating system: windows 2000, Windows NT, Microsoft windows Xp or Microsoft windows Vista.

“How to’s” for new users

Once downloaded and installed on your computer, the application will run by itself and show you two modes: ‘Trade for Real’ and ‘Practice Trading’. If you want to practice a little before using the software for real, you may go through ‘practice trading’ which is aimed at honing the skills of a beginner and self-explanatory.

Once you are ready for the real thing, you must click on trade for Real. After clicking on it, it will give you a screen to enter your existing user name or open a new account. As you are new to it, you must click on “Open new account.” Then you will be prompted to fill a form which includes your personal information like your name, date of birth, email, address, phone etc. After entering all the information, submit the details by clicking on Submit button. Once submitted, you will see a screen containing your chosen username and password. It will also tell you that an email has been sent to the email you filled in the form containing these details, in case you need it later.

Click on Login to start trading. It will give you two options: ‘Visual’ and ‘expert’ modes. If you are an expert, you may choose expert mode otherwise it’s advisable to choose visual mode which is made to make things easier for novice. To start trading, you need to deposit money in your account. Minimum amount you can deposit is $50 and minimum trades are of $25. Once you deposit this amount, your account is opened with one of the two ForEx brokers: Retail Fx or IFX markets.

How to deposit money in your account

Once you are logged in to your account, go to deposit option in account balance. There are many ways through which you can deposit money to your account. You can use your credit card, wire transfer, though paypal, transfer through Western Union, Moneygram, Webmoney or Neteller.

Additional features of eToro software

Trading Log: Whenever you want to see the history of your activities, you may go to trading log and click on “history.” You may also click on “active trade” to see your active traders. You can also close a trade from here.

Championship: Championships are organized in etoro trading community monthly and offer great earning potential. To take participation in the championship, you may go to “community” tab and then click on “championship.”

Forums: This software also includes a chat and forum feature so that you can chat with other users and discuss anything you want. To chat with other traders you may simply click on “community” tab and select “chat.”

Deposit Bonus: Users get a deposit bonus depending upon their own deposit. When they deposit money for the first time, they get a bonus on their deposit which can be as much as up to 50% of their total deposit. So if you make more deposit, you will get more bonuses with a maximum limit of $200.

Overall, if you are looking for good trading software which can provide you with a platform where you can learn and earn, eToro ForEx trading software should be your first choice. It’s easy to use features and help tutorial are class apart and don’t leave you wondering what’s next. It can also be learnt in a way as if you are playing a game which makes it more interesting and keep you attached with it. Not only does it give you a liberty to use this software as per your discretion but also allow you to discuss with online users anything trade related thing you have in your mind. It provides an easy to reach customer service which takes cares of all your questions and queries in a professional manner leaving no scope for any confusion.

The developers’ extensive research and the resultant programming panel make sure that you get an awesome competitive service wherein you are not only satisfied initially but also for a long term so that the trust you gain with them does not fade away with time. It provides you with the tools which are not just at the cutting-edge but also provide you with the feasibility of various options to choose from.  Still being the most selling online trading software, it has kept its reputation intact and is one of the most preferred choices for any trader. So it’s time that you download it and try it for free.

People trading online often have a common question, which goes as this-“what is eToro”? eToro is a user-friendly community website for forex trading and brokering. Today, with so many online forex trading websites the risk of trading has become really high. Among others, eToro is the most reliable and the simplest forex platform for its providers and traders. eToro is a licensed company, which works as a broker to help online traders with forex trading services.

What makes eToro different from other forex trading platforms?

The eToro is famous and popular among online forex traders because it helps to reduce the complexity of forex investing. A problem that many new forex investors face is the complexity of trading activity. While trading, there are many things a trader needs to analyze and it can be too much for someone who is new to this mode of investments. Even stock investors come cross various problems in forex trading. To make profits, a trader needs to understand the market properly. eToro, with its numerous tools and online applications, makes forex trading a simple and quick experience against trade currencies.

For example, eToro helps to visualize forex trade in an easier way for its traders. When trading with eToro a trader understands what exactly is going on. Because of the transparency the process becomes simple to understand. eToro has a special feature of displaying transaction activities through images and videos. This is a great way to understand the forex trading business. eToro, with its community features, enables the online traders to have live chats publicly or privately with other traders on various forex related topics. Forex chat rooms are available for traders, to discuss and clarify their doubts regarding forex investment.

When you visit eToro’s website, you will encounter continuous market updates, this helps the online traders to get a glimpse of currency prices.

For beginners and for veterans, I think eToro is the best forex trading website to begin with. Here are some of the few reasons to choose eToro as your forex broker.

1. Low commission- eToro forex brokers charge very low commission on your trading profits when compared with other forex trading websites. This is one of the most important key points to account for while choosing a forex trader and eToro wins this race convincingly.
2. Graphical interface- to make trading fun, there are various games which help a new trader to understand the techniques of the forex trading. Not only this, eToro also has technical indicators and analysis chats to make forex trading interesting and simple.
3. 24 hour customer care- With a supportive, 24-hours customer care, the traders get a chance to clarify any forex related queries.
4. Trade with multiple languages- Forex traders can be from any part of the world and one can easily trade with eToro without any language problem.
5. Easily open an account- No need of any high initial investment, you can open an eToro forex trading account with $100. After opening an account, a trader receives a free, one-time bonus.

The eToro website is not only a reliable and popular forex trading website, it has also brought revolution in the forex trading market. The bottom line of eToro is its game- like trading platform and a user-friendly experience using which you can master your forex trading skills in an incredible way. After using eToro as my forex trading platform, I am able to increase my profits and have made lot of money in forex business. I would highly recommend you all to try this once, after which you’ll have no turning backs.

Online forex trading involves a risk but with eToro you’re trading experience becomes simple, quick and most of all, secure. While choosing your forex platform providers and brokers, you should be extremely cautious and should consider all possible risks before zeroing in on one. Forex trading is done with the help of a broker and a company with a license to place trades in the currency markets. Among so many online forex brokers, eToro is the most famous and the most popular broker in online forex trading market.

If you are a newbie to the trading market then eToro forex trading is the best platform for you to understand the market from the scratch in simpler terms. To get started with trading experience, you need to open an account with $50. Once you open an account with eToro broker, you can trade online, and the broker will receive commission over your trades. eToro brokers are one of the most trusted online forex brokers. The extremely efficient brokers help to elevate your trade with precision and by offering low spreads. eToro online forex software is an excellent professional tool comprising of online charts, graphs, financial details, trading rate and leverages.

To make profit in online forex trading business you need to carefully study the forex market and take wise decision in selecting your online broker.

How to select a good online forex broker?

Before you select your online forex broker you need to understand two important things- accuracy and commission. When selecting a forex broker, you should find transparency in your trading procedure. The best business sense is that you do not pay higher amounts to your broker as commissions. Higher percentages of commission to your forex brokers will cut down your profits drastically.

Why to choose the eToro broker?

The eToro online forex brokers are down to earth reliable and extremely comfortable to trade with. The online forex trading website is quick and you can trade without any glitches. The website offers continues market updates, this helps the online traders to get a glimpse of currency prices. The entire interface of the eToro website is so simple and fast; and online traders do not waste time searching for things. The eToro website offers 24 hours online customer services; they help the traders with online trading and also provide a community feel. What’s more, eToro online brokers charge very low commissions on your trading profits. With as good a reputation as eToro’s, it is always safe to rely on them to multiply your trading profits.

What other benefits do you get if you choose eToro?

eToro has a very wide client base and every single client has been hugely profited because of their association with eToro. “What satisfies them and makes them come back to eToro” is a question that has often quizzed other competitors in the market. The answer lies in the best customer services along with the attractive bonuses packages offered by them. No other forex broker in the open market gives an instant bonus of $1000 on the very first deposit. There are different levels of excellent one-time bonuses for customers who deposit amounts of $100 to $20000. Such is the kind of loyalty that eToro has with its customers and this is what drives them to thrive as the best of the best successful forex brokers.

Join the bandwagon of hundreds of traders who have been associated with eToro and enjoy the benefits of a multiplied growth in trade.