eToro - at the Forefront of the Forex Revolution

Since its establishment, the forex market had been a highly specialized trading ground for speculators with formal training and many years of bitter experience. And even as electronic and online trading took the place of traditional offline trading, the lack of accessibility to the forex market remained. Most people were still frightened by overcomplicated graphs and charts and by foreign industry lingo. This hesitance leads to the isolation of the forex trading market from the wide public.

The founders of the eToro trading platform have obviously noticed that the forex market has significant advantages for the amateur trader in comparison to other financial markets. The forex market is less complicated because it revolves around 8 main trading instruments. The forex market operates 24 hours a day, with the exception of weekends, which means that traders can react to trends and news as they happen without waiting for the bell to ring. The forex market offers a greater range of leverages meaning that a forex trader does not have to invest huge amounts of capital in the market, since it is customary for forex dealers to offer leverages as high as 1:400.

The founders of eToro also understood that the obstacles preventing most people from becoming full fledged forex traders are really an illusion. With this in mind, eToro have developed a unique and cutting edge software that implements a simplified approach to forex together with superb trade execution. The eToro platform provides traders with the option to view various creative visualizations of their, for example, watching their currency of race against others in a forex marathon and others. The general principles of forex are all present in the visualization, except that instead of monitoring a dry factual chart the traders see the progress of their trade in an engaging graphic manner. This way the traders gain experience and absorb the principles of forex trading without having to actually study forex.

So much for novice traders, but eToro have also realized that seasoned and professional traders also have trouble finding a comfortable platform and the right trading conditions for them. To resolve their distress eToro have designed a trading interface that combines all the trading an analysis tools a seasoned trader can utilize in one user friendly screen. In the same screen traders can easily edit their trading orders, view charts of currency pairs and of their own trades, catch up on forex news and plan ahead with a download forex event calendar. Furthermore, eToro also provides a "one click trading" mode in which traders can open trades by literally clicking one button. eToro also provides excellent trading conditions such as leverages ranging from 1:10 to1:400, lowest initial margin requirements of $50 only, and low spreads of only 2 pips on most major pairs.

eToro also keeps up with the internet's community based approach and therefore provides its traders with web 2.0 style community tools. In eToro's community panel traders can head on to public and private chat rooms to discuss their trading activities, and participate in free to enter trading challenges. In addition, eToro's community provides traders with one more essential tool - the Top Traders' Insight. This tool shows a live updated list of the 10 most popular currency pairs as traded by eToro's 100 most profitable traders. What this means is traders can simply peek at what the pros are doing instead of bothering with their own analysis.

Most importantly, eToro is committed to progress. eToro have already released 4 versions of their platform each time adding more useful tools and refining their inventive yet simple trading approach. This commitment ensures that eToro will remain at the forefront of the forex revolution for a very long time to come.



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Interview with eToro

Jeff MacKenzee, the account manager of the eToro partners team agreed to answer some of my questions regarding eToro’s innovative Forex trading platform. eToro is known for brining to the on-line Forex market trading some untraditional types of Forex trading. eToro platform doesn’t look like any other and can be easily understood by someone who never read about Forex or charting. More information about eToro is available here.

eToro is a relatively new Forex trading platform, what long-term goal do you set for yourself as a trading platform?

eToro’s goal was to create a visually engaging interactive platform based on real-time financial information and transactions, while translating the financial information into several real-time intuitive visual representations and allowing traders to execute multiple financial transactions in an easy “one click” interface.


As the on-line Forex brokerage market looks more like oversaturated now, how do you feel about your future? Was it hard to enter this market? What were your main principles to start providing retail Forex trading services?
eToro provides its traders with the most professional tools, surrounded by a friendly interface. eToro is currently offering advanced trading options like stop loss and take profit, enabling people who have little understanding of trading methods to learn what exactly those options are, and how to take advantage of them. The platform also stands out in the market with its community feature, allowing traders to interact with other traders, share advice and even compete for prizes. In addition, eToro is offering some of the lowest spreads on the market, as low as 2 pips on EUR/JPY for example.


You have developed a custom and very original trading platform for your clients. Why did you choose this way and not offered some generic trading platform, like MetaTrader?
eToro’s advantage is in its simplicity. eToro is the only forex platform that deals with the mental element of entering a new and unknown territory, that most inexperienced traders get when they first have a look at other forex platforms. The user friendly interface allows millions of people around the world to start trading and learn what Forex is, using simple graphics instead of complex charts.


Seeing as your platform doesn’t offer powerful tools for market analysis and trades execution, would it be justified to say that you as a Forex platform aim on the newbie traders rather than professionals?
Professional traders might find eToro extremely useful, eToro offers some of the lowest spreads on the market and unlike other platforms it does not limit scalping. Professional traders know they can enjoy that combination and generate large profits. The newbie will certainly find eToro to be the easiest platform to start trading on and will enjoy the practice mode where he can trade with demo money with no real financial risks until he feels more experienced to try trading with as little as $50 of real money.


Currently you are offering a variety of payment methods to fund the trader’s account, like wire transfer, credit card and PayPal. Do you plan adding more options to deposit/withdraw money?
eToro currently supports Wire transfer, Credit card, Paypal and Western union. Should there be a demand of any other means of payment we will gladly consider it.


Especially in the light of some types of trading offered in eToro platform, do you think that Forex trading is some sort of gambling? Or do you prefer to present Forex as a form of active investing?
Forex is the largest financial market in the world, which according to the The Bank of International Settlements carries a trade volume of $3.2 trillion per day. Yet very few people actually trade that market because they are hardly any places in which one can learn how the Forex world works. eToro presents the movements in a more appealing manner, while explaining to the traders why things happen. Moreover, eToro’s news ticker lets the traders know when important announces are expected, and warns for volatility. All of those actions are intended to make people understand that Forex is far from gambling and that there is a reason why, for example, a change in interest rates in the United States will also cause changes in EUR/USD rates.


eToro brought innovative approach to the quite old-fashioned Forex trading market. Do you plan any new features for your trading platform, or do you think that it is it already overloaded with them?
eToro is constantly improving its platform and launches newer versions, The possibilities are endless. eToro is working in 2 levels in order to improve the platform: financial improvements, like the recently integrated stop loss and take profit; platform improvements, offering the traders new trading methods on top of the ones currently available.


eToro is regularly holding different traders’ contests and competitions. Are they popular among your clients? Do you plan keep them as the regular events? If so, will you be increasing the prize funds?
eToro introduces social elements such as chat features and championships, the idea is to create a trading community that will allow traders to share ideas and ask questions regarding the trades. The trading championship is very popular among traders, and championship leaders often share their trading methods and tips in order to teach the other traders how to trade successfully.


The user support is one of the basic and most important parts of the Forex brokerage. As far as I know traders often leave different on-line brokers just because of their lack of a quality support. How do you approach the user support problem?
eToro has a large support group that is dedicated to assist our traders either via phone, email, or live chat. The support staff is qualified and trained to help with technical issues regarding the program itself, and of course any questions regarding trades, deposits and withdrawals.


What form of market analysis would you recommend to your clients? Do you offer any educational materials on Forex market to them?
The eToro forum has a dedicated section for forex education, For example - the admin posted a list of the major announcements and their effect on the markets, referring them to the calendar on www.forexfactory.com in order to help them prepare for market volatility.


What is, in your opinion, the main quality the Forex trader should possess to succeed in trading? Is the Forex trading really for everyone?
In our opinion, it is needed to break the “circle of silence” that surrounds Forex trading. Forex is indeed complicated - but as the phrase (attributed to Albert Einstein) goes - “any scientist who couldn’t explain to an eight-year-old what he was doing was a charlatan”.Most traders tend to say that they can’t explain how to trade Forex because it is too complicated, we at eToro think that even the Forex world can be explained using a fun and intuitive platform.


eToro is a new player on the on-line Forex market, it still has to gain traders’ confidence and the loyalty of its customers. But in every business industry the leading positions always have been conquered with innovations and extraordinary approach to the traditional methods. So maybe eToro has some interesting future? If you have any comments on this interview or ideas for the future interviews you can leave a comment here, or via the contact form.

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Why Forex Trading Is Becoming More Popular

Overseas money trading is flattering a well-liked option to the traditional favourites of investors. by means of the world's economies undergoing unprecedented turmoil plus uncertainty, the store markets plus commodity markets are fewer appealing than the more unsurprising forex markets.

Forex is small intended for the overseas swap marketplace . The overseas swap markets let intended for dissimilar currencies to be traded. The forex marketplace is the largest trading stage in the earth , by means of trillions of dollars traded every day. Because of occasion zone differences approximately the earth , the marketplace never closes, you be able to literally deal currencies twenty four hours a day.
The input to winning trading is to pay money for near to the ground plus put up for sale far above the ground . There be able to literally be no stand markets because intended for one money to drop , another money has to go up , so intended for every loser there is a victor . The forex marketplace just cannot amuse a scenario where every one currencies drop jointly .
More plus more populace are turning to overseas swap trading now, to obtain away from the volatility of the other traditional markets. There are no severe requirements intended for trading on the forex marketplace . Literally anyone be able to go into it plus study how to deal . It is however advisable previous to you create trading to do a number of investigate plus learn the conditions plus acronyms at least that you'll encounter.
Another advantage of forex trading compared to the store markets, is that there are not also many fees concerned . There are no commissions, no brokerage fees plus no government fees.
Getting started is simple . every one you require to do is unlock an online trading explanation plus put flanked by $200 plus $500 to obtain started! Basically anyone by means of a computer plus a few hundred dollars be able to start a deal online. by means of good preparation plus internet right of entry , achievement is literally likely intended for anyone.
achievement in the forex marketplace primarily comes from life form clever to accurately predict trends in currencies, by means of the sight to buying near to the ground plus selling far above the ground . Primarily, there are two techniques intended for analysing prospect trends.
The primary strategy is technological psychoanalysis . technological psychoanalysis focuses on analysing exact movements in a exacting money , plus charting the highs plus the lows in the prices.
The next strategy is called basic psychoanalysis . basic psychoanalysis looks at a great deal more than now money prices. If takes into explanation the financial system of the state in query , in exacting its power next to other countries. From these essential financial principals, predictions on the country's money movements be able to be made.
The contemporary overseas swap markets promises many possibilities intended for traders. intended for many, forex is an unknown quantity, other than in reality by means of the correct psychoanalysis tools, accurate predictions be able to be made plus profited from.

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The Best method to study concerning Forex Currency Trading

What is the best method to study concerning Forex money trading? Is there a solitary basis intended for you to now seem up, similar to a library's definitions of what to do or not do when it comes to the Forex marketplace ? Diving in skull primary is usually not a high-quality thought when it comes to one of the most dynamic plus unstable markets absent there. Currencies be able to go up plus downward plus where the cash is placed is based on the health of the marketplace , the health of the investment structure plus how structured plus secure the international funds are. Your cash goes every one approximately the earth plus most of the occasion you have no thought how it is life form used to make stronger the money . other than the math is easy , the more cash that is life form pumped into the dollar of a state , the more the state be able to employ it to extra its growth plus therefore spend into infrastructure that be able to add to the power of its dollar.

This way, the cash trickles downward rear to you in the shape of a stronger dollar. The discrepancies are the profits you make . other than this is now the basics of the Forex marketplace plus these are the normal outcomes you desire . Hey, everybody wants to create cash plus Forex is the best method intended for you to create high-quality , polite plus still unbelievable cash other than there are sure principles that you have to study concerning previous to you go into this filled steam in front . I believe what you should do is inform yourself concerning earth events, obtain RSS feeds, obtain information GPRS fed into your give telephone , obtain a PDA, obtain BBC to electronic mail you - meaningful every one concerning earth growth determination assist you obtain an thought of what money to rear plus which not to. I believe information is the best power you be able to have plus when you are clever to study to be relevant this to the marketplace plus predict the marketplace based on these earth events, you determination be every one smarter to create trading in the Forex money marketplace .

Converse to traders plus brokers plus attempt plus obtain a number of recommendation from them. inquire them questions that substance , similar to what makes the Forex marketplace so high-quality , what are its advantages plus what are its likely disadvantages. inquire intended for horror stories plus let them be acquainted with you are completely emerald concerning the entire substance , other than prudent sufficient to be acquainted with that you have to study a group more previous to you create investing. I believe researching brokerage companies plus trading companies are now a number of of the methods that you be able to employ (both offline plus online) to spend in Forex. study concerning Forex trading software programmes, interfaces, arrange fills plus the many trading platforms that are used widely to deal plus spend in the money swap marketplace
previous of every one don't hurry into things plus get your occasion . The money marketplace determination forever be approximately as extended as the base of the earth is based largely on capitalism plus neo-open-minded thinking, other than the thinking you should have is elegant plus prepared previous to you bound into Forex.

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Why You Should too create Money in Forex?

You are constantly trial concerning ways to create shape house plus you already be acquainted with 99% of these claims are also bogus or scams. Is there some lawful commerce which be able to actually assist you to create cash quick plus simple ? Is there some commerce which be able to assist you to create genuine large cash ? The solitary reply to every one these questions is FOREX.
Forex is genuine high-quality commerce . You be able to create a group of cash in forex correct from your house .

How a great deal you be able to make in forex?

That’s up to you. The earning possible is limitless in forex.
You be able to create cash quick plus with no trouble in forex.Forex is overseas swap marketplace . It involves buying plus selling of currencies.
populace from every one walks of existence are trading forex. You don’t have to a financial geek to deal forex. Anybody be able to deal forex. It’s extremely easy .
plus you don’t have to put a group of cash as investment; you be able to create by means of as small as likely .

Other than when you seem absent intended for preparation route to study forex after that you determination approach across by courses raging from $300 to $5000. This discourages many populace from learning forex.

To conquer this difficulty we have developed a gratis route to educate forex in easy way .

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Hybrid Solution: Earn CPA as well as percentage per revenue generated

In addition to the CPA commission (a one-time commission), this program remunerates you by percentage of the revenue generated to Easy-Forex™ by your referred trader's activity. You get commission on a monthly basis, per the total revenue generated by all your referred traders.

The basic Rev-Share commission you get (for example: 10%) may become higher, depending on your performance. Our support team will be glad to discuss that with you.

The commission under this program is continuously paid to you per your referred traders' accounts.

Please note: The commission rates you get (for example: CPA = $200; Rev-Share = 10%) are presented to you whenever you login. These rates may change according to your performance. Your support manager will be glad to discuss that with you, and tailor-make it to your preferences.


Example: how the hybrid commission is calculated

1. The CPA portion:
Say, your CPA threshold is $250. An active user you referred has made a FIRST DEPOSIT of $180. Accordingly, the CPA threshold per this user becomes now $180. The user starts trading. He has traded with, say, $120. You are paid CPA of $120. There are still $60 pending (= $180 - $120). When the user continues his trading, you will get more, up to the $60 pending.

2. The Rev-Share portion:
Say, your percentage is 10%. The user trades and creates an EV (economic value, income generated). We share that EV with you, and you get 10% of it. This continues as long as the trader continues trading. Please note that, at some points of time, the EV could be negative.

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Forex websites review

The financial world is now going through some turbulent times. The global economic crisis has affected markets and economies worldwide and has rendered the financial markets unstable. The crisis has deepened recently due to negative investor sentiment. In these critical conditions most investors are pulling their money out of the falling stock markets and looking for available alternatives for investment.

Many investors have found this alternative in the forex market. Unlike other financial markets the forex market literally cannot crash. This is due to the fact that in the forex market one invests in a currency's value relatively to another currency. One is always buying and selling at the same time. Therefore one can profit when one currency weakens against another just as much as if it were strengthening against the same currency. In fact, the instability that the global crisis has introduced into the market is considered by many to be a positive thing. Volatility in the forex market, despite perhaps making it more risky, also provides greater opportunities for profit. The sharper the swings the currencies go through against each other, the more forex traders stand to profit.

And because this volatility makes the trades riskier, forex dealers also provide traders with tools to reduce their risk. Stop Loss orders are a very commonly used tool in forex traders, because they allow traders to limit the amount they are risking while their profits remain potentially limitless. One does not even have to risk the entire amount of their investment. For example, if one invests $100 on a trade they can place a stop loss order that will close the trade in case the rate of the currency pair reaches a level that leaves only $50 to take back. This allows traders to protect themselves from unpredictable market movements while simultaneously allowing them to take advantage of this same market volatility.

Despite these obvious advantages, some people still hesitate to start trading forex since they've never tried it before. This is where the eToro platform comes in. The eToro forex trading platform is a perfect place to get started in the forex market because eToro provides you with all the advantages of forex trading incorporated into a simple and visual interface. eToro's revolutionary trade visualization make it easy for forex novices to acquire trading skills in no time.

eToro's educational guides, tutorials and forums also give you access to all the forex information you can possibly require. You can then discuss this information in eToro's chats, take part in free to enter trading challenges, and take a tip from the pros using eToro's Top Traders' Insight tool. You can also practice forex trading using virtual money with real live market prices.

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