eToro Review For Beginners

A step by step tutorial on eToro's offerings including their accounts, spread fees, trading application and more.

This Video Overview Includes:

📢 Trading products
📢 Account types
📢 Trading platform
📢Opening an account
📢 Educational resources
📢 And more...

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0:25 Overview
2:31 Trading instruments
2:56 Account Types
5:18 Trading platform
6:09 Opening an account
7:15 Educational resources
8:38 Awards
8:53 Conclusion

Read our Video Script:

Since 2007, eToro has evolved into one of the most trusted and most popular NASDAQ100 and stocks brokers. If you are new to trading, eToro offers an incredible trading academy for beginners, but experienced traders can also use the academy to refine their skills. The educational content provided by eToro is free to use and covers many different topics, including crypto trading, investing, trading and more. This broker is trusted by more than 25 million people worldwide and is also available to US citizens. If you would like to diversify your investment portfolio, eToro offers more than 2,700 stocks with zero-commission trading guaranteed, as well as 51 cryptocurrencies, over 200 ETFs and plenty of commodities, indices and Forex pairs.

eToro has a thriving community that supports all trading styles, but instead of providing multiple account types, eToro clients can choose between a Retail account and a Professional account. Demo accounts and Swap-free accounts are also available for beginners and clients of the Muslim faith. In addition to offering 2 types of investment accounts, eToro also offers a Money Account that can be used to withdraw funds from your eToro investment account, make deposits and manage your assets. The eToro Money debit card is free and there are no setup costs or monthly fees. eToro’s Money app is linked to your eToro Money account and you can use it to send, store, and receive cash and crypto, manage your card, and access exclusive features. The eToro Retail account is a flexible, all-in-one account that is suitable for copy traders, social traders and beginners. This account can be used to trade a total of 2712 stocks, 51 cryptocurrencies, 32 commodities, 49 Forex pairs, 13 indices and 264 ETFs. The eToro Retail account also allows users to stake cryptocurrencies and it can be used for copy trading. Retail accounts have limited leverage, but Retail clients are covered by the Investor Compensation Fund and the Financial Ombudsman Service. They also receive negative balance protection and margin closeout restrictions. The eToro Professional account offers all the same features as the Retail account, but offers much higher leverage and only customers registered under eToro UK and eToro EU can apply to be a Professional Client. The account verification process is much more complex and you must apply for a Professional account to meet certain criteria before you will be able to trade as a professional client. Professional Clients waive certain ESMA protections such as the Investor Compensation Fund and recourse to the Financial Ombudsman Service.

eToro offers an exceptional trading academy with guides, videos and articles covering all topics related to trading and investments. The educational resources provided are suitable for beginners, intermediate traders and experts. There are many detailed how-to guides and the trading academy dashboard makes it easy to find more information about any questions you might have. eToro also provides updated news and analysis, as well as in-depth market research pdfs.

eToro is an all-in-one broker that is regulated by top-tier institutions and offers competitive trading conditions. We recommend eToro for all types of traders, especially if you are interested in social trading, copy trading stock trading or crypto trading. This broker is one of the few, if not the only Forex broker, that currently allows cryptocurrencies to be staked on its platform and we admire how forward-thinking and adaptive eToro is because there are many benefits to staking crypto. This is also a great option for traders who are eager to refine their trading knowledge and improve their skills because the eToro trading academy offers an abundance of educational resources for all levels of experience.

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