eToro An Introduction
eToro is a pioneering company that puts an emphasis on cryptocurrency. It supplies users with an easy to use trading platform for investing in cryptocurrencies and a mobile wallet for sending and trading funds. The company does a great job allowing people to invest easily in Bitcoin and a wide range of other leading cryptocurrencies, with a variety of payment methods.
Let us look at some of the features of eToro:
In addition to its excellent trading platforms, eToro is also an industry leader in mobile forex trading. Their mobile Trading App is one of the best in the industry and is also fully compatible with the Apple and Android device. Users can access the OpenBook features directly from their smartphone or tablet device and copy trades as they happen in the real-time scenario from across the globe.
eToro is an excellent site for the ‘beginner’ traders, though the minimum deposit is now $200 which may put some novice traders off. There is also a full demo practice account that you can take advantage of to test their software before depositing. The demo account includes all the features of a real money account, which even includes the ability to copy other traders.
etoro Mobile Trader
eToro designed their platform for mobile devices and smartphones. Due to mobile social trading being at the forefront of the design process, the app is second to none. It delivers all the features of the full website and performs very well across all the platforms which include the Android, iPhone and Windows devices. Traders can react instantly to any market news.
eToro designed its platform for Smartphones and mobile devices. Due to mobile social trading being at the forefront of the design process, the app is second to none.
eToro non-trading fees are high. Inactivity fee exists, but it is ok. There is no account, deposit and custody fees. eToro withdrawal fees and currency conversion are quite expensive. eToro charges a conversion when you even deposit or withdrawal money from your account in a currency apart from that of American Dollar.
To Sum Up
In conclusion, eToro holds up as one of the leading cryptocurrency trading platforms in the market world. It is even backed by the growing team of professionals; the platforms do attest to the reputation and credibility it aims to build so heavily.