eToro app overview

Endy Callahan

eToro smartphone application integrates a social network for investors and traders and a platform for exchange trading. It is available for iOS and Android operating networks. The program provides a huge number of services for working with assets. It is used in more than 140 countries worldwide.

eToro Key Specifics 

The application allows users to make transactions in the trading of currencies (cryptographic and fiat), stocks, indexes and exchange commodities. With its help, you can track news, discuss transactions, and also repeat operations after successful traders. The company does not store users' funds in a brokerage account - physical funds are separated from the organization’s money. Securities purchased are held at the depository. Users can trade contracts using the CFD tool - at a price difference.

To use eToro - Social Trading program, you need to have a page on a social digital platform. To register, the user needs to specify a nickname and come up with a password, indicate a mobile phone number and e-mail. To complete the registration, the visitor must get acquainted with the rules of the service and accept them. If you are interested in exclusively up-to-date and complete information from the world of economics, in the article “Yahoo Finance Application” you will read about one of the best software in this field.

The application is available in 20 languages. In the settings, the user can indicate his nickname, full name, TIN and date of birth. When personal information is entered, a full profile will be created. After that, restrictions on the replenishment of the deposit will cease to apply (amounts to 2,000 euros). Account verification takes 5 days. Transactions on shares are concluded with a minimum amount of $ 50, a deposit can be replenished by 100 or more dollars.

Work with eToro

When the user data is filled in, eToro start page will open. Here you can see the assets traded in different markets. Information can be monitored online, the user immediately sees a price change. Red is used to indicate a decrease, green is used for growth. Markets and assets can be customized according to user interest.

The client can follow the actions of the users they like, as it is implemented on YouTube and Instagram. Popular platforms among traders can be found in the Traders section. The rating is affected by the percentage of profit received and the publication of materials. The service provides the ability to copy transactions of other users, after which they can be carried out again and again. To use this opportunity, you must have at least $ 100 on your account.

Transactions with cryptographic currencies are made like other assets. To start trading bitcoin or Ethereum, just click on the coin. In the corresponding section, you can find out how profitable the purchase and the transaction is itself. The application allows you to display a chart of price changes. Market orders in eToro are executed almost instantly.

eToro app has everything you need to become a reliable trading assistant. With its help, you can analyze the asset, monitor market trends, enter and exit transactions. The user-friendly interface makes the program easy to use even for beginners. Do spare time to register in it. You can get acquainted with the trades of famous traders, and if you wish, copy them and repeat!