eToro with corporate offices in Australia, United Kingdom, Canada, Spain, Italy, Brazil, Bahrain, France, France, Argentina and Russia is a Forex trading firm which offers multiple Forex trading options and the so called "arenas".
This makes learning your Forex trading skills an incredibly interesting experience equipped with nice graphics, easy to understand menus and a competitive platforms designed for professional traders("Expert Mode").
Forex beginners' difficult entrance into the forex world has now an enjoyable solution. 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 a nice pictures. It is much more than that. It in fact enables the forex traders to visualize the market and make right decisions using the individual forex strategy.
There is a facility to open Demo account before taking the plunge with real account and trading with real money. The minimum deposit for the same is $50. Investor can fund her account by credit card (Visa, MasterCard. Diners), wire transfer, Pay Pal, Neteller, Moneybookers, Western Union, and MoneyGram. eToro USA accepts major credit cards, PayPal, as well as the electronic or paper checks.
Corporate Office is in British Virgin Island and Administrative office is in Cyprus. eToroUSA joined forces with FX Solutions, a leading Futures Commission Merchant, to present its advanced trading platforms for the US residents. eToroUSA is office is located on Broadway, New York.
Below is a quote from the eToro website "The eToro platform started a revolution in the forex trading industry by opening the gates of the forex market to non professional traders. With eToro’s patent trade visualizations, novice traders who have never heard of the forex market before can start trading right away and learn from their experience. eToro’s user friendly interfaces also makes the platform highly appealing to expert traders, who can use state of the art professional forex tools incorporated into an intuitive user flow, so they can concentrate on what’s happening in the market instead of figuring out how the platform works. eToro has also added a community element to forex trading by furbishing the platform with chats, forums, and an insight into how the top traders trade. These features also make it easier for novice traders to learn the tricks of the trade and become integrated into a forex trading community".
Trading Platform : WebTrader, OpenBook, Mobile Trading
Established : 2004
Bonus : up to $10,000
Demo Account : Yes, Unlimited
Min. initial Deposit : $50
Payment Options : Credit Card, PayPal, Neteller / 1-Pay, MoneyBookers , WebMoney , GiroPay (available in Germany only), Wire Transfer, Western Union and MoneyGram
Spread : fixed from 2 pips
Leverage : 1:500
Currencies : 21+ and commodies
Extra Fee : None