eToro USA is an American edition of the prominent eToro broker based on FX Solution's infrastructure. In turn FX Solutions is a regulated Forex Dealer Member by the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association(NFA).
Consequently, forex accounts, financial communication and communications of eToro USA are processed by FX Solutions, LLC. Furthermore, FX Solutions has been recognized as one of the US’s fastest growing firms by Inc. magazine for three successive years. FX Solutions has developed the "direct link" price feed technology which enables it to provide unmatched speed and accuracy in trade execution and market rate updating. Clearly, in a the forex world littered with deceptive marketing and sales gimmicks, the FX Solutions credentials are unbeatable.
Furthermore, the combination of the award winning eToro platform and the NFA regulated broker FX solutions guarantees the traders the umbrella of the state financial regulations and the famous game-like forex trading experience provided by of eToro.
eToro makes learning and mastering your Forex trading skills an incredibly fun experience with lovely graphics and easy to understand menus and a competitive platform for professional traders called the "Expert Mode".
Forex beginners entrance into the world of Forex through eToro USA has now an enjoyable solution to the problems that come when trying to initially understand Forex.
The eToro lobby has four trading areas: the Forex Marathon, The Dollar Trend, The Globe Trader and The Trading Log. Each area is populated with animated characters representing currencies such as a farmer (US), sumo wrestler (Japanese Yen) and a European businessman (Euros). The platform simulates a tug of war between currencies, representing your trading. This very useful and transparent presentation is not just a game or a set of nice pictures. It enables us to visualize the market and make right decisions using the your individual forex strategy.
eToro innovative social trading system should certainly be mentioned here. eToro provides a simple, transparent and enjoyable way to trade in currencies while seeing who is trading what in real-time. The forex beginners can follow the best performing traders and automatically copy what the best traders do.
As far as the eToro USA's offering, the service, the registration, deposit, and withdrawal process is done via FX Solutions. The deposit process is easy, and FX Solutions offers a very useful table explaining the charges involved with each of the payment methods. The methods include: Credit Card, PayPal, paper check, electronic check and wire transfer.
Trading Platform : GTS Pro, GTS Web, or GTS Mobile
Established : 2009
Bonus : up to $1000
Demo Account : Yes, Unlimited
Min. initial Deposit : $250
US Traders : yes
Payment Options : Credit Card, PayPal, Wire Transfer, Paper Check
Spread : fixed from 2 pips
Leverage : 1:50
Currencies : 28 and commodities
Extra Fee : None