Etoro was founded in 2006 by two brothers named Ronen and Yoni Assia and their partner David Ring. Ever since then, the brokerage has been popular in the financial trading and also served as an investment platform suitable for everyone. Even though it was launched in 2006, eToro grew in popularity over the past couple of years and is now among the top social trading networks.
The network now has more than 5 million users in over 170 countries and the clients have access to trade in currencies, indices, CFDs and commodities. The online platform attracts thousands of new accounts every day. As such, it is one of the world’s premier social investment networks.
Even though eToro is not active in the United States or doesn’t accept customers from the US, its excellent program is active everywhere else and the most striking feature is the online financial trading community which is among the world’s largest. As of recently, eToro replaced its two popular WebTrader and OpenBook trading platforms into an all-in-one platform that gives access to traders to all of the services across a range of devices.
The company was founded in 2006 by two brothers in Israel and a partner from outside. The brokerage platform is one of the oldest out there and one that offers a variety of trading and investment options. As such, it is suitable for everyone. Since 2006, the platform has been growing along with the growth of currencies – and especially the growth of cryptocurrencies lately. Currently, it is ranked among the best brokers for Bitcoin on social networks.
One novelty that the company proposed recently is the eToro wallet is a mobile application that is available via Google Play and the Apple App Store – and a storage option that provides an easy to use customer interface as well as enhanced security. For those of you who don’t know, multi-signature wallets are great because they give users the ability to see their on-blockchain transactions and balances without losing their private key.
You can test the eToro trading practice through a demo account or even an initial deposit of up to $100,000 in virtual currency. With no commissions on trades, eToro only relies on quoting the customers with a wider spread in order to compensate themselves.
The exchange has successfully been increasing its user database after it expanded its services in 31 states in the United States only. This platform is among the most popular between crypto traders.