eToroUSA Forex broker
eToroUSA-Forex Broker Review
|Company ||eToroUSA is property of the company Tradonomi LLC which is property at the same time of the broker eToro, one of the most important Forex brokers currently|
|Type of broker||Market Maker |
|Operating since ||2008.|
|Regulation||eToroUSA through Tradonomi LLC is regulated by the following financial regulatory entities:|
- NFA of United States (ID:0382918).
- CFTC of United States.
|Country ||eToroUSA was funded in USA and it is located in the city of New York.|
- Forex:20 different currency pairs from the most important like EUR/USD to other more exotic like NZD/USD.
- Commodities: Gold, Silver and Oil in the spot market with a maximum leverage of 1:400.
|Accounts||Currently this broker offer 3 types of trading accounts according with the client profile and the capital to invest:|
- Standard Account: This trading account can be opened with a minimum of $250 and a maximum of $999. It offer unlimited practice trading (demo account) and the possibility to compete in trading competitions with very good prizes.
- Silver Account: It can be opened with a minimum of $1000 and a maximum of $2499. With this trading account the owner can get a bonus of $100, Unlimited practice trading, an own personal account manager and the option to compete in trading competitions with very good prizes.
- Gold Account: It can be opened with a deposit of at least $2500. With this trading account the owner can get a bonus of $300, unlimited practice trading, an own personal account manager, the option to compete in trading competitions with very good prizes and customized market reviews and technical analyses that fit with the specific needs of the trader.
These trading accounts can be used to trade all the instruments offered by this broker.
|Platform||eToroUSA is associated with the broker FX Solutions so it offer the same trading platforms:|
- eToroUSA Practice Platform: Is the standard trading platform of eToro, a very friendly and very easy to use application for all kinds of traders, including beginners. It Allows to chat with others traders.
- GTS Pro: Is a very advanced trading platform that include a lot of functions like one click trading, advanced charts, Forex news feed, trading alerts, multiple stops/limits, economic indicators and new calendar, custom layouts and flexible trading style. It is a downloadable application.
- GTS Web: Is a web based trading platform that allow to trade from any computer with Internet connection.This application is not as advanced as the GTS Pro platform but it include interesting functions like a integrated web-based charting.
- GTS Mobile: With this application, the trader can access its trading account at anytime from any mobile device such as a smartphone for example. GTS Mobile allow to open new positions in the market and control existing with a friendly user interface.
- FX AccuCharts: It is an application designed to trade directly from the charts. This platform allow to see stops and limits on the charts and is possible to build your own technical indicators.
|Minimum account size ||$250 for the standard account.|
|Minimum lot size ||0.01 lot. |
|Maximun Leverage ||1:25 to 1:400.|
|Spreads ||Fixed spreads from 2 pips for EUR/USD |
|Demo account ||Yes, with no limit of time. |
|Payment options ||The client can make deposits and withdrawals by bank wire, credit cards, Paypal, Skrill, Neteller, Western Union and Moneygram.|
- It has a good customer service by phone, e-mail and live chat in their website.
- Is a fully regulated broker from USA (NFA and CFTC).
- This broker accept clients from USA.
- Low fixed spreads.
- eToroUSA offers Forex trading challenges with very good prices.
- 3 different options of trading accounts.
- Its trading platform is a very user friendly application that is perfect to learn how to trade in the Forex market.
- The trading platform is perfect for beginners with little knowledge about the financial markets.
- Free analysis reviews of the market.
- Free Forex education through eToroUSA website.
- Free analysis tools like charts, economic news and a economic calendar.
- Free trading competitions for the regular clients and users of the demo accounts with very good prices.
- No commissions for Forex trading.
- It offers the possibility to make money by promoting the services of etoro an affiliate program.
|Link to the website||eToroUSA website|
|Open an account |
|Other categories of this broker |