Understanding eToro and the essential details

Forex from SberbankeToro is a joint cooperation of the largest Russian bank and the popular international system of copying transactions. Seeing this phrase, many may mistakenly think that Sberbank has started to provide its services as a broker in the Forex market https://fraudbroker.com/5-best-forex-strategies/. In fact, this is not the case: the bank gave its customers the opportunity to diversify their investment portfolio and conduct transactions in international markets. The Russians gained access to a social trading system with a large selection of financial instruments for international trade.

Copy trades from eToro broker

trading currency pairs;

index operations;

stock trading;

trade in raw materials;

connection to the accounts of experienced traders https://fraudbroker.com/review/etoro/.

broker reviews eToro

The main feature and advantage of eToro is the opportunity to earn money by copying professional traders. In essence, this is the main purpose of the platform. Participants who have no work experience on trading floors receive free access to monitoring the actions of professionals and copying them. Traders are also interested in this procedure: they subscribe for bonuses, which is an additional incentive for attracting newbies. Users get the opportunity to set up the copying function for 20 traders automatically. Newbies are always concerned about how to choose a successful trader so that he does not let them down. To do this, it is first recommended to analyze the activities of professionals on the platform. It is necessary to set up special filters that will help find a stable player. Experts advise when choosing guided by the following parameters:

Trading platform

Most often, they demonstrate the possibility of open access to the eToroSberbank training program and gaining experience, thanks to the study of the activities of professionals. Of the advantages, many point out the possibility of communication and commenting, the exchange of views and various recommendations on the commission of financial transactions. Also, newcomers support the ability to view a tape of active operations. Anyone can go to the profile of the selected member and subscribe to it.

Account type

Summarizing the reviews, we can say that the platform can be a worthy alternative to conventional bank deposits with a fixed rate. With a skillful approach to the choice of copied transactions, you can get a yield in the range of 50-100% per annum. Withdrawal of income received (in dollars) occurs through the section “Cashier” with the initial filling of a special form. You can get money with several options:

bank transfer within 5 days (you must specify the account and details of the bank);

on the card;

via e-wallet Webmoney, Skrill;

money transfer.

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