Originally posted by Sasha

 

Originally posted by megrawab

 

I think etoro is also giving market reviews lately and they even give recommendations on pairs. The review is more organized. I don't know if this service is new, temporaryry or what.

 

 

Its new and permanent service. Etoro is offering many attractive services. Recently I saw their initial deposit bonus which was previously $2500 maximum and now its $10000.

Its the highest initial deposit bonus I have seen. They are making brave moves to attract customers. They have good support, nice platform, openbook, popular chatroom during trading. All these qualities make it a good broker. But spreads look a bit high than other top brokers.

They have not only increased the first deposit bonus but also prize money. They are giving $1m prize money each year. This is HUGE. I have seen small contests with $1k to $10k prize and these are offered by different brokers hardly once or twice a year. Some may offer monthly prize. But $1m per year is unmatched.

They are really good in services and promotions and their partners are also good in recruiting. Their platform is friendly even for newbies that's why even if they don't have MT4 as their software, Etoro has been so popular...

Originally posted by megrawab

They are really good in services and promotions and their partners are also good in recruiting. Their platform is friendly even for newbies that's why even if they don't have MT4 as their software, Etoro has been so popular...

" />

I agree. Their marketing team is doing good. Their trading platform requires a bit good PC but it is user-friendly. Their promotions, bonuses and prizes are attractive for new traders.

Originally posted by uniquetrader

Their trading platform requires a bit good PC but it is user-friendly.

yeah that's right! Old pentium won't be able to buy positions fast unless you will use pending orders. Add it with dial-up connection and you're in trouble. hehe...

Etoro is a good regulated broker, having good presence around the world. They have a good platform. The problem they have is that they have very few forex pairs available for trading. Moreover spread is also higher.

the major thing i really did not like about this broker was the fact that their withdrawal was very slow.

Their bonuses are quite hard to withdraw , for every 10$ bonus you get you'll have to trade a minimum 10 mini lots.

Also today i saw this http://www.zsecure.net/blog/vulnerabilities/etoro-vulnerable-to-database-dump.html  , which is a shame on the part of the company if its true.

Originally posted by georgeb

Also today i saw this http://www.zsecure.net/blog/vulnerabilities/etoro-vulnerable-to-database-dump.html  , which is a shame on the part of the company if its true.

I do not think that it is true. I dont know much about zsecure.net. They have provided some screenshots to show that this claim is right. I think more search on google and opinion of other users can tell us if it is correct or not.