eToro receives $15 million from Spark Capital

How to detect a good broker? Is that a small initial deposit, a large leverage, tight spreads, fractional spreads or rare re-quotes? Should the broker be regulated?  In fact, the bottom line is that the reputation of the forex broker is a sum of those components. The flow where the molecules move in slightly different directions and yet the water flows in the right direction rotating the forex money-mill.

One of those important details  is the investments the brokers received from the outside companies. On March 2012 eToro, the world’s largest investment network, announced hat it has closed a funding deal of 15 million US dollars from Spark Capital and other investors to propel the international growth and develop further eToro’s social trading platform.

eToro reports that its trading volumes doubled in size within the last 12 months, and the number of traded positions in the network has increased by more than 500%. This explosive growth is attributed to eToro’s award winning CopyTrader that allows the forex traders to automatically duplicate the entire trading activity of the best performing traders, thus delivering better success rates and higher average returns per trade. The CopyTrader is also an excellent opportunity for forex beginners to learn, practice and understand  the logic of the professional traders.

Finally, eToro is now available for US traders through its US- compliant  version eToroUSA.

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