Guest Post – What is eToro and why you should use it to buy and sell your shares and crypto!
So I took a quick glance at “Google Trends” last December, in search of the most sought after word on Google over the past 3 months. And to my surprise, it turned out that after the “how to make money online” phrase which topped the chart for months, was the “what is the best crypto trading platform” phrase.
And that got me thinking. What exactly are people up to these days?
Turns out, crypto is the real deal.
So as usual, I decided to also look out for the best crypto trading platforms, since that seems to be the trending investment of the moment.
In the end, I stumbled upon a platform that is literarily “worth more than gold”. I mean, from the interface, down to its level of security, this online trading platform got me super excited!
I’m talking about no other than the eToro trading platform.
And that’s why today, I’ve decided to share with you the very reason why this platform is the “Platinum Service” of all crypto trading platforms.
What is eToro?
In a layman’s terms, eToro is simply a social trading and multi-asset brokerage company, whose primary focus is on providing financial and copy trading services.
Currently, eToro has registered offices in Cyprus, Israel, the United Kingdom, the United States, and Australia.
As of 2018, the company’s value was estimated to be $800 million, and still, that’s not what impressed me most.
Here are the reasons why this company is simply one of the best in the crypto business.
What is eToro? – Reasons Why eToro Tops The Charts
The truth is, if you’re looking for an online trading and investment platform with the simplest of interface, eToro is what you’re looking for.
eToro manages to strike a fine balance between giving easy access to beginners, whilst also catering for and improving upon key trading features for its over 6million experienced traders.
eToro has the simplest, yet best performing trading interface amongst all the leading social trading platforms. Another plus is that it offers both short-term options for day traders and long-term options for investors. Which means that whether you’re looking to test it, or really get involved and invest longer term, eToro has got your needs covered.
Beyond trading in Bitcoin and other Cryptocurrencies, eToro offers trading in more traditional markets such as stocks and shares, commodities, and Forex (Foreign Exchange).
What is eToro? – Social Trading Features
Unlike other trading platforms that focus mainly on the finances, eToro takes great pride in its social trading features. The social aspect is a key feature which allows eToro users to benefit from the collective wisdom of its vast network of traders.
With its social newsfeed – the CopyTrader™ system, and Popular Investor program, you are not only certain of staying updated, but that you’ll be able to share whatever benefit you have with your friends on social platforms.
What is eToro? – Innovative Solutions and Opportunities
The only way you can rest assured that your preferred online trading platform will not become outdated and obsolete as time passes, is if they are constantly improving and innovating. That’s exactly what eToro does, and it’s what sets eToro at the head of the pack.
Since 2007, eToro has been at the forefront of the fintech revolution, and has launched a plethora of potent innovations.
WebTrader is another innovative trading platform, which boast professional tools for both beginner and advanced traders. OpenBook, which launched back in 2011, was the world’s first social trading platform, and paved the way for the likes of eToro.
eToro looks more than likely to become the market leader in this space, and a dominant force which will stand the test of time whilst other challengers fall by the wayside.
What is eToro? – Accountability & Safe Trading Practices
Trading is all about risk and opportunity, and weighing one against the other.
You might lose a significant part of your fortune, just as you might well gain a whole new fortune the next day.
This “all or nothing” stigma around trading is something which eToro wants to shake, and it also doesn’t want it’s clients to come and go with big wins and losses dictating the cycle.
That very uncertainty that other trading platforms give to their traders. That’s why eToro does not only offers a wide range of responsible trading features to ensure that its clients are protected from such risks, but is fully regulated, and adheres to the strict guidelines of CySEC, FCA and ASIC.
That’s why eToro offers its beginner traders guidance when making their first steps in online trading, and its experienced traders risk-management features to help them trade smartly and responsibly. Honestly, a company couldn’t be more accountable than this.
What is eToro? – Security
Employing the highest standards of cyber security, while the clients’ funds are kept safe in tier 1 European banks, eToro is highly secured when it comes to safeguarding its client’s financial details.
What is eToro? – Support
eToro has a 24/7 team of customer support representatives who are always on standby waiting to answer whatever question or need you have.
What is eToro? – Summary
All in all, if you’d ask for my humble opinion, an online trading and investment platform couldn’t me more complete than this.
Ranging from its security, down to how accountable they are on their client’s trading experience – eToro is by far, the best trading company today.
It doesn’t get any better than this!
If you’re interested in trying out an alternative to eToro, then we’d suggest having a look at Plus500. Our post on What is Plus500 and why you should use it to Buy and Sell Crypto is a great starting point…