eToro is the retail name of Retail FX - an online forex broker - regulated in the EU by the CySEC (licence number 109/10).
The eToro trading platform provides a new approach to trading currencies: an innovative appearance and features that can be adjusted depending on each trader's experience. This allows eToro to cater to traders of all experience levels. eToro's wide range of features are present on an easy-to-use interface and eToro also provides traders with user manuals, search tools and an online community that satisfies the needs of over one million traders worldwide.
| Initial Deposit | Bonus |
|---|---|
| $1,000 - $4,999 | $250 |
| $5,000 - $9,999 | $500 |
| $10,000 - $19,999 | $1,000 |
| $20,000 - $50,000 | 10% |
| $50,000 - $100,000 | $5,000 |
| $100,000 - $500,000 | contact us |
Each week, eToro organises forex trading contests for traders using real and demo accounts...with lots of money to be won!
The traders who perform best over a week win!
You too can win - you just need to sign up and start trading.
In addition to the chat feature that's built into its trading platform, eToro provides traders with access to the "OpenBook" social network, which allows traders to share their thoughts and trading positions in real time. Beginning traders can therefore learn the ropes by analysing and copying the trades that highly profitable traders are making - for free. As for the more experienced traders, they can share their thoughts with other traders in order to improve their strategies and find out about new trading opportunities.
If this is the first time you've approached the online forex market, you've come to the right place. This guide will provide you with the basic knowledge, tools and techniques you need to get started in the fascinating world of forex trading. Many of the trading principles presented here are explained in greater detail in this guide's subsequent chapters.
Index
Introduction: Why Forex?..................................................................3
Profitability......................................................................................4
Cashing in on Price Movements..........................................................5
The Trend is Your Friend....................................................................7
Tactical usage of Leverage................................................................12
A Simple Trade Example....................................................................14
Hedging Risks and Rewards................................................................16
The Quest for Volatility......................................................................17
Money Management..........................................................................18
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