Even if you are new to the cryptocurrency market, you have surely talked about Etoro, which is a broker with many clients. the courtier is located in Cyprus (Limassol). He is regulated over there CySEC.
In this document we will introduce you to Etoro, a broker that allows you to trade indicesto them behaviour and the crypto.
account opening
To open an account with Etoro you must provide your identity, read online documentation, answer questions about trading.
You must then make a payment of $200 minimum in order to open an account with Etoro. Subsequent deposits must be at least 50 dollars.
You will then be able to trade through the app available for devices Android et iPhone.
The Etor app
The Etoro app is available at tablets et smart phones but if you want to use it on PC you can do it through an android emulator like Bluestacks.
The Etor app gives you access to your account where you can businessman stocks, commodities, cryptocurrencies,…
The interface it’s intuitive, the former usually won’t be a problem for you. However, I advise you to to acquaint with the interface using the demo account.
Etoro Assets
Etoro allows you to trade the following assets:
- Indices (via CFDs)
- Stocks (via CFDs)
- ETFs (trackers)
- CRYPTOCURRENCIES
Etoro does not offer PEA.
Etoro fees
(2022 rates for information only, you need to check the rates on the official website in the rates section which will present you the price list)
Account opening fees: none
The prices of the operations are variable according to the assets.
- Behaviour : free for long positions without leverage; Escrow fees: 22 cents $/day (purchase); $12 cents/day (offer).
- Stock CFDs : 0.09%
- exchange traded fund : 0.09%
- CRYPTOCURRENCIES : between 0.75% and 4.5%
Account inactivity fees may apply (12 months if funds are available in account).
Withdrawal fee: $5
The copy trade
Etoro has an interesting function that consists of copying the operations of other users of the platform.
You can copier the triads of the best merchants.
Improve the security of your Etoro account
It is strongly recommended to activate the F2A protection which corresponds to the 2-Step Verification.
Cancel your Etoro account
it’s possible End up your Etoro account by making a request online.
warnings
It should be noted that Etoro has the recording PSAN in France. This record is issued by the AMF. offers some guarantee.
In spite of everything you must think that any runner can have problems at some pointso don’t put all your eggs in one basket 😉
Limit the amount deposited on your various trading accounts (not just the Etoro account), especially if they are outside France.