eToro Review – The All-in-One Broker for Every Trader’s Needs

eToro Review

Finding a good online broker is one of the biggest obstacles every online trader faces when they begin their journey. You would think that this step should be easy, given the sheer number of platforms that exist today. But, the problem is that not every platform can suit your particular criteria. This can be quite frustrating because you do not want to waste any time, or opportunities for that matter.

If you are stuck in this situation, you can go through this eToro review. When I first started out, it took me a long while to find a brokerage I could use without any problems.

I had had some very bad experiences, so I was very wary of newer platforms like eToro. However, it did not take me long to realize that this broker has made a considerable amount of effort to facilitate its clients. You can discover its perks in this review I have shared.

Sign up without delays

I will start my eToro review with the sign up process of this broker. After all, it is the first step you have to take to open a trading account. My biggest issue with most brokers is that they draw out this process and make it very complicated. Many a times, you will end up abandoning a platform altogether because its registration becomes a big headache. When you are starting your trading journey, you want to begin as soon as possible and not get tangled up in endless paperwork.

This is exactly what you will find when you opt for the eToro broker because its sign up process is simple and fast. Visit the website of the broker and you are presented with a short form that asks you to enter basics like name, email, phone number and location. As soon as you are done, your account is registered immediately. You do not have to wait for approval of any kind and there are no other delays for you to stress over. As far as account verification is concerned, it happens in the background, allowing you to move forward to the next step.

Select the asset of your choice

I was immensely pleased with the asset offerings that I came across when I opted for the eToro broker. A lot of brokers promise to give you access to a ton of assets from different markets. But, I had learnt from personal experience that this was hardly the case. Therefore, it was undoubtedly great to find that this broker stayed true to its word. You will find a plethora of assets at your disposal and they belong to some of the top financial markets in the world.

Whether your interest lies in the stock, or forex market, or you wish to trade indices, you can find them here. In fact, you can even trade bonds and cryptocurrencies. It is nice to see that the eToro broker has added the leading pairs from every market. It gives you the freedom to diversify your portfolio as per your preference. You can invest in different assets to minimize your risks and earn as much returns as possible.  

No navigation issues

The trading platform is key to your trading experience and I did not want to compromise in this aspect. No other feature can make up for a lacking platform because it has a direct impact on your trade execution and performance. The eToro broker fully understands this and has opted to offer access to the MT5 trading platform. If you do some research, you will quickly find that it is the top trading software in the market right now.

The MT5 is recognized as a powerful and intuitive trading software and is a favorite of professional traders. I was pleased to learn that the eToro broker gives you the option of using the desktop version of the MT5, the web version and also offers the mobile app. This gives you flexibility because you can choose the version you are most comfortable with. Since it is an intuitive software, you will have absolutely no trouble in navigation. Trade execution is a breeze, as it takes just one click.

You are also free to customize the dashboard according to your requirements. Most importantly, the eToro broker has ensured that its clients can access some of the most innovative trading tools in the market. You can get the latest market news, set up price alerts and take advantage of live charting tools that are needed to perform market analysis. These insights can help you make the right trading decisions to give your bottom line a solid boost.

Final Thoughts

At the end of this eToro review, you will have no trouble in realizing that this broker is equipped with the right resources and features that can fit every trading criteria. This makes it capable of delivering a solid trading experience to everyone.