Author:Vishal Doshi
Date:02-11-2017

What "security" does the "eToro platform" provide?

The eToro platform is in partnership with the Incapsula. The "Incapsula" is a web application security platform. It secures the eToro platform countering the DDoS attacks. The Incapsula clears the internet data traffic directed to the eToro platform. It removes all the spam. It does not change the headers to identify the IP address.
  • Presently the site does not offer any two-way confirmation process for the authentication.
  • But, the eToro platform has a rigorous and an elaborate withdrawal procedure along with protection against the DDoS.
  • The eToro platform also offers e-mail alerts for market scanning, social intercessions, and the withdrawals as well.
  • Yes, it is a fact that the eToro platform is facing consistent DDoS attacks. But, it is safe from any hacks till date.

What are the experiences of the "eToro Users"?

  • According to the users of the eToro site, it is difficult to understand trading on the eToro in the beginning.
  • But, once you are amicable with the site, the navigation becomes very easy. The users have a good experience of social trading and intercessions, which is an obvious part of the eToro website.
  • The users have taken a lot of benefits of the copy trade feature of the eToro platform.
  • The copyfunds feature of the eToro platform also has an influential effect on the users, as it has made trading easier for them.
  • The eToro site also offers tutorials; training live on phones, money-making tools, and compendious FAQs.
  • It provides good customer support, and the representatives of the eToro site are very sociable and professional. You get an immediate reply to your queries through live chat, within few seconds. The Zendesk offers the feature of live chat on the eToro platform.
  • The users have the satisfaction of getting a wide range of trading options on the eToro site. But, the site does not allow cryptocurrencies for the deposits. It offers only Bitcoin and Ethereum for the crypto market.
  • The eToro site users find it a very expensive platform in comparison to other sites available in the online trading market.

What are the features of CFDs for social trading on the eToro platform?

CFDs on shares:
Which are the different "market stocks" on the eToro platform?
Presently, following market stocks are negotiable via eToro platform:
  • London
  • New York: NYSE and NASDAQ
  • Frankfurt

Can I earn "dividend on shares" via eToro CFDs?

Yes, you can earn a dividend on shares when you buy a share of a particular company via eToro CFDs[1], but the company should be ready to distribute the dividends. The eToro broker enacts a hedging policy of the CFDs with buying of real shares, in the real market.

The eToro platform also looks out for its client’s position on each CFD tool. It combines different positions in one big position, and then it purchases real equivalent shares. In this manner, the eToro broker receives dividends from the company and distributes them to each user in their proportion.

When you trade CFDs, it means that you are trading with the "derivatives." You do not buy a product for real while buying a "derivative." The process only involves speculation of share prices in the market (a fall or a rise), which is known as "underlying" of the CFDs.

Similarly, purchasing an eToro CFD does not mean that you are buying stocks of the company. It means that you are speculating a particular amount about the fact that price of a certain company shall rise or fall. And, you can earn the differential amount between buying and selling price, on the closing time of the deal for a rise or you shall lose money for a fall and vice-versa.

What is the "cost of Commission" charged on the CFD of shares by the eToro broker?

The eToro broker does not charge any additional fees. It earns profit from the extension of the bid-ask spread. The spread changes for every individual stock by the eToro broker. You can find the spread price differences because of the liquidity, flexibility and various share prices.

What is the "Overnight costs" on the CFD of shares by the eToro broker?

You can continue an intercession for few days, or you can close it in a single day. The eToro broker charges an overnight commission for continuing the negotiation for few days. The cost of overnight commission depends on the underlying stock.

  • CFDs on Commodities:
  •      The eToro broker only provides gold, silver, and oil as trading commodities.
  • CFDs on Indices:
  •      The eToro broker underlies indices of the important trading venues which are popularly known as "exchanges."
          The computation system for approaching the leverage and overnight charges are same as per the calculations for the CFDs of the shares. But, the leverage on the indices has a range from x2 to x100.
  • CFDs on Currencies:
  •      The eToro site offers a broad size of currencies. The eToro broker offers leverage from x2 to x400 on the currency pairs.
         Sometimes, you can find the overnight commissions being productive because the currency which you are purchasing might have      a higher rate of interest as compared to the rate of interest while selling the same currency.

The CFDs are necessary for copy trading because they allow you to perform trades copy along with retaining accurate proportions between the funds of the copier and the trader’s account copy.

What is an "ETF"?

The Exchange Traded Funds (ETFs) are similar to Contract for Differences (CFDs). Both CFD and ETF are derivatives. An ETF is a fund that collects different financial assets into the single tradable tool, whereas, a CFD is a bond concerning the change in the price of a particular asset. Hence, in both situations, you dont buy any specific asset.

The ETFs are a formation of financial alliances that follow a certain market policy. The brokers offer a CFD to their users that allow them to access their site. Both the CFD and the ETF allow you to create a profile which follows a market policy. It gives you the total control over the assets which you choose to deal. You can administer your risks as well.

Does the "eToro platform" have an official trading license?

The eToro platform has its users from 140 different nations. It has millions of traders. They allow instant sign up and currency pairs worldwide and in genuine time. Yes, the eToro platform has a very well survival to receive trading licenses from various countries. The eToro platform is a regulated broker that sticks to the best industry standards.

  • The eToro platform has a license of Cyprus Securities and Exchange Commission. It is one of the toughest licensing authorities in the world today.
  • The eToro platform has a license of the Financial Conduct Authority and offers trading services to traders from Great Britain. It's good news for the Forex traders from the UK as well.
  • Even Australian traders will be happy to know that the eToro platform has a license of Australian Securities and Investments Commission. Your funds are under one more good security platform.
  • The eToro platform also has a license of Commodity Future Trading Commission. You cannot use the eToro platform for trading purpose if you are Forex traders from the USA.
The Secure Socket Layer (SSL) technology safeguards all your money with the eToro platform. Hence, it is safe to deposit your funds with the eToro platform.

What are the different types of accounts available on the "eToro platform"?

You have the option to choose from four types of accounts with the new eToro platform. It depends on the minimum deposit that you are ready to invest for further trading.

Bronze Trading Account:

The Bronze trading account is an easy entrance to the profitable eToro Trading system of accounts which requires a minimum deposit of fewer than 50 dollars. It offers a fixed spread type. We recommend the bronze trading account for the traders who want to trade at a foundational level.

The Bronze trading account offers the following services to its account holders:
  • You need not trade on a monthly basis to maintain your bronze trading account.
  • You have an opportunity for enrollment in the eToro’s trading challenge which may earn you prizes on a weekly basis, worth 1,500 dollars.
  • You get to utilize a practice account as well.
  • You can enter the trader’s chat room for free.
  • You can receive announcements of financial figures through notifications in pop-up form.
  • You will receive the newsletter of the eToro platform as an e-mail, at the beginning of the week.

You will receive a Silver Trading Account after you outreach the total deposits worth 1,000 dollars or when you finish trading 300 comprehensive lots (1 lot = 10,000 units of currency).

Silver Trading Account:

The eToro platform offers the Silver Trading Account with a minimum deposit of 1,000 dollars. It also offers 16 Forex trading instruments.

The Silver trading account offers following services to its account holders on the eToro platform:
  • You get to utilize the e-course available for Forex trading on the eToro platform.
  • You will get services from an account manager to scan your trades.
  • The account manager will guide you over managing risks, trade planning and he will also offer you coaching for the market study.
  • You get to utilize a practice account as well.
  • You can enter the trader’s chat room for free.
  • You can receive announcements of financial figures through notifications in pop-up form.
  • You will receive the newsletter of the eToro platform as an e-mail, at the beginning of the week.
  • You have an opportunity for enrollment in the eToro’s trading challenge which may earn you prizes on a weekly basis, worth 1,500 dollars

There are chances for the demotion of your Silver trading account into a Bronze trading account. You can upgrade it back to a Sliver trading account by trading 50 lots per month.
You will receive a Gold trading account after you finish trading 2,000 comprehensive lots or when your total deposits will outreach value worth 5,000 dollars.


Gold Trading Account:

The Gold Trading Account, by its name "gold," represents prosperity. It offers special services for the regular traders who trade very sincerely with special skills, knowledge and good trading experience. Such traders justify receiving special returns at the day end.

The Gold trading account offers following services to its account holders on the eToro platform:
  • The bonus of 10% for each month on your first deposit limiting to 500 dollars.
  • You will get services from an account manager to scan your trades.
  • The account manager will guide you over managing risks, trade planning and he will also offer you coaching for the market study.
  • You can withdraw funds within three working days.
  • You can enter the trader’s chat room for free.
  • You have an opportunity for enrollment in the eToro’s trading challenge which may earn you prizes on a weekly basis, worth 1,500 dollars.
  • You will receive a daily report as an e-mail.
  • You can receive announcements of financial figures through notifications in pop-up form.
  • You will get direct access to the trading room via telephone.
  • You will also receive trading signals via eToro platform.

As a Gold trading account holder, you need to continue trading up to minimum 600 lots (1 lot = 10,000 units of currency) per quarter.
You will receive a VIP Trading Account after you finish trading 10,000 comprehensive lots or when your total deposits will outreach value worth 20,000 dollars.

VIP Trading Account:

The VIP trading account is the most special among all the accounts mentioned earlier. Only the most sincere traders have VIP trading account on the eToro platform. The most active traders who are deeply into Forex trading have best services as VIP trading account holders.

You will enjoy following special perks, under the VIP Trading Account of the eToro platform:
  • The bonus of 15% for each month on your first deposit limiting to 2,000 dollars.
  • The account manager will guide you over managing risks, trade planning and he will also offer you coaching for the market study.
  • You can withdraw funds within three working days.
  • You get to utilize the e-course available for Forex trading on the eToro platform.
  • You can enter the trader’s chat room for free.
  • You will receive a daily report as an e-mail.
  • You can receive announcements of financial figures through notifications in pop-up form.
  • You will receive a daily report as an e-mail.
  • You will get direct access to the trading room via telephone.
  • You will also receive trading signals via eToro platform.
  • You can learn from special training conferences with a Forex executive.
  • You also get service of an Optional Repayment Program.

What is the "Bonus Program" on the eToro program?

Deposit Amount Bonus Amount
100 to 399 dollars 25 dollars
400 to 999 dollars 100 dollars
1000 to 4999 dollars 250 dollars and receive a Silver trading account
5000 to 9999 dollars 500 dollars and receive a Gold trading account
10000 to 19999 dollars 1000 dollars and receive a Gold Trading account
20000 dollars and more Get special offers from eToro platform and receive a VIP trading account

In which different languages is the "eToro site" is available?

The eToro site is available in the following different languages, all over the world:
  • English
  • French
  • Spanish
  • Russian
  • German
  • Chinese
  • Arabic
  • Italian
You can receive customer support in all the above languages online, on the eToro platform.

How can I earn huge profits using the "eToro platform"?

To earn high profits in the market, using any specific broker is not easy. You need to have a lot of patience. You should obtain proper market knowledge by learning trading strategies in detail. You must learn from past experiences of other traders.

While trading on the eToro platform, you must keep in mind following aspects:
  • Trading with the eToro platform is not as simple as it looks.
  • You will get enough chances to multiply your capital.
  • The eToro platform trading if for long-term investors.
  • You should follow the traders with high ranks.
  • You can also trust traders having many followers.
  • The eToro platform allows you to trade with the minimum amount of capital with low risk.
  • You should understand that losses are a part of trading. There are equal chances of losing and winning every trade.
  • You can learn the art of reducing the amount of loss and earning a higher profit.
You can trade like one of the professionals existing in the real market using the eToro platform.