If you are looking for a broker that will allow you to trade cryptocurrencies, you should consider using eToro the brokerage company. This brokerage company is not a new player in the Forex market, so it has a well-developed mechanism of managing assets. In this review of eToro’s features, you will gain a better understanding of how to have an efficient experience there.
What is eToro?
eToro has been in the Forex market since 2007. By now, eToro the brokerage company has managed to become one of the most user-friendly trading platforms in the market. This reputation is caused by such innovative features as CopyPortfolios and CopyTrader. Also, it is equipped with a browser-based trading resource of WebTrader, the first social trading resource of OpenBook, and a native mobile trading app for iOS and Android devices. The FX broker also offers a wide spectrum of educational resources that allow traders to learn the insights of eToro mechanism.
So now that you know about the company’s origins, it is time to get deeper into details. Why should you rely on this brokerage company? On the official homepage of eToro, you will find different reasons for why you should start trading on their platform.
First, the company guarantees strict safety measures. Thanks to integrated security software, you shouldn’t worry about your financial and personal details. Second, the company offers a vast array of cryptocurrencies to choose from. eToro has a great number of cryptocurrencies available for trading purposes. Finally, the company guides users through interface experience and smooth transaction operations.
Trading features provided by eToro
The most significant benefit of eToro is to implement the trade copying feature into its platform. It will fill out the gap between beginners and professional traders who have no time to conduct their research and analysis before the actual trading routine. There are some areas in which the company still needs to do some improvements. But the overall reputation and extensive experience of eToro have been a crucial aspect of the company’s positive outlook.
Don’t forget that eToro doesn’t offer their services to US traders. To sort out this problem, eToro has developed a BETA version of its USA platform.
Positive and negative opinions of eToro
If you have a look at the customer reviews left on independent online resources, you will surely notice that the population’s opinion on eToro is overly positive. The major aspects that probably contribute to eToro’s positive reputation are their reputation building skills. The company has managed to position itself as a reputable and trustworthy broker.
When it comes to eToro, the most common complaint that traders seem to have is that the customer support service could be improved. Considering the multiple issues regarding responsiveness, professionalism, and productivity, some changes are to be made. Also, some traders say that the platform itself often has some technical issues, without any particular reason. This might simply be the case due to software imperfections.
The Final Word
eToro has turned into the leading company in brokerage, especially in terms of cryptocurrency brokerage. This is partly the case because it was quick to jump into the crypto segments when these currencies first started to emerge. The company has a lot of experience in the field of financial investments, which makes it a reliable resource for trading activities.
As you can see, eToro has a lot to offer to traders. If this basic information is not sufficient for you, feel free to check the official homepage and additional resources.