With significant advancements in technology in recent years, almost anybody can take advantage of fluctuations in the forex (foreign exchange or currency) market. Founded in 2006, eToro commenced operations with the aim of making forex trading easy as well as fun for all. eToro has kept innovation as a central theme, which has been one of the reasons for its rapid growth.

Simple to Use
The eToro.com website is fairly easy to use. The site is well planned and conceptualized. Hence, navigation is fairly intuitive, making eToro.com highly user friendly. The eToro platform is among the most popular ways to carry out transactions in the foreign exchange market.

Fun with Forex
The best thing about the eToro platform is probably the fact that the platform is engaging and interesting. Unlike most forex platforms, it is not formal and dry. Rather, it is centered on making your participation in the forex market more entertaining and fun. So, one does not feel stressed while determining which transactions are best for their bottom line. The platform simulates a videogame, while allowing you to conduct transactions in the real world. The software has a simple interface, with striking graphics. Visual aids are used to depict the trader’s actions. This not only makes the platform easy to use, but also more fun to deal with.

Support for Beginners
For those who are taking their first steps in the currency market, eToro offers a number of training tools. One can take time to get familiar with the nuances of the forex market before starting to trade in real money. There are various informative articles, easy to understand guides and visual tools for educating the novice trader. Before you get totally comfortable with the world of currencies, you could practice by trading on eToro’s demo platform. eToro also helps new investors by offering a welcome bonus, which could be as high as $200.

Customer Support
eToro has been providing reliable and timely customer service. The support staff is quick to respond, friendly and resolves queries effectively.

eToro offers an automated dealing desk in order to reduce human errors and other issues. The platform allows traders to deal is more than 15 currency pairs. The registration is easy and quick, and the minimum deposit is much lower than what most other platforms require. However, one must keep in mind that the platform is fairly new and that its customer base is smaller than what the most major brokers boast. Moreover, being headquartered in British Virgin Islands, eToro does not fall under the jurisdiction of any of the main regulatory bodies.