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Archive for July, 2010

eToro’s trading platforms and OpenBook

July 23rd, 2010 admin No comments

A Brand new concept in FOREX Trading! Unbelievably helpful for new traders.

eToro. Trading Starts Here

Looking to harness the power of financial markets? Heard about financial trading and want to try it for yourself? eToro is the place for you. It’s a financial trading and investing platform that puts you at the centre of financial markets. With the world’s largest community of financial traders, a simplified trading platform and up to $1000 extra to trade with on your first deposit, you get much more with eToro.

eToro Puts You At The Centre Of The Markets

What Can eToro Offer:

  • An outstanding user experience:A great trading experience for every user is our number one concern
  • An exclusive social trading network: The eToro OpenBook connects you to one million eToro traders, the world’s largest trading community and lets you see, follow and copy the trades of any trader you choose
  • Trading education: An exclusive eToro eCourse and learning tools get you from trading zero to pro — fast
  • Free Practice Trial: Take eToro for a spin – for free – and build your trading skills and experience without risking a cent.
  • Personal Service: Dedicated help and support for every eToro investor

Open a Free eToro account now!

A Great Trading Experience For Every Investor

With its easy to use platform, exciting trade visualizations and outstanding learning resources, eToro is the perfect platform for a newbie trader who’s looking to discover financial trading. Because eToro offers features specially designed for beginners, like its Visual trading mode and the ability to copy the trades of the best traders through the eToro OpenBook, it enables everyone to start getting the benefit of trading for themselves from day one. eToro also offers an educational experience, including the exclusive Forex matador eCourse, to help everyone improve their trading. It also offers a practice mode where traders can sharpen their skills and test their strategies with real market rates.


With its great array of professional trading and analysis tools, eToro is also the perfect platform for more experienced traders who want an intuitive and reliable trading platform together with lots of innovative community features. eToro’s regular Trading Challenges enable every user to compete against fellow traders for cash prizes of up to $10,000 per month on top of their regular trading activity. The eToro OpenBook lets experienced traders interact with each other to share trading tips and insights and also lets you earn regular rewards by recruiting other traders as followers. eToro’s low spreads – as low as 2 pips in fact – make trading with us very affordable while our low minimum trade values and high leverage allowance gives you more freedom to trade than anywhere else.


Forex Currency Trading With eToro

The Forex currency trading market is the world’s most talked about financial market. Millions of people are now trying currency trading for themselves because of the unlimited profit potential it offers together with the freedom to control their investment strategy for themselves. eToro is open for Forex trading 24 hours a day, five and a half days a week for traders from anywhere in the world. It offers competitively low spreads on the trades you make as well as all the leverage you want up to 400x. That’s why more people chose eToro for Forex trading than any other company.


Commodities and Indices Trading With eToro

As well as providing outstanding currency trading eToro delivers the best of commodities and indices trading as well. Trade the precious metals Gold and Silver, Oil and popular indices like the Dow Jones, NASDAQ and FTSE 100 straight from the eToro platform. eToro takes the pain out of investing in these asset classes by offering 24 hour trading and simplified trading contracts leaving you free to concentrate on your trading instead of on reading the small print.

Open a free account with eToro and join the world’s most rewarding trading community.


Categories: FOREX Tags: , ,

Technical eToro review

July 23rd, 2010 admin No comments

About eToro

eToro is an innovative software that has taken the complex world of forex trading and made it user friendly. Countless online forex providers supply their traders with platforms that are bulky and uncomfortable to use. You’ll find yourself spending more time trying to figure out how to set up a simple trade than analyzing the market and deciding what your next trade will be. Using a ground breaking interface, the eToro platform puts all the forex tools your heart desires right at your fingertips. eToro is about providing the ultimate forex trading environment for all traders. Here you will not only find a phenomenal array of forex trading tools but also live streaming news, financial event calendars and an unlimited practice mode with live forex rates for you to test out trading arenas before applying them with real money. eToro also combines forex trading with a web 2.0 community centered approach. eToro have created a thriving forex community around public and private chats and forums, that enables you to discuss forex with peers from around the globe, and you can even monitor the most popular pairs traded by eToro’s top 100 ranked traders, and utilize their experience to your advantage !

eToro`s Features:

Traders at eToro enjoy:

Innovative user-friendly interface – execute trades with on click of a button.

Unlimited practice – practice your trading techniques with virtual money and live rates

Streaming news – get the latest forex updates as they happen

Low spreads – trade with the lowest spreads online, as low as 2 pips spread.

Superb execution – trades are executed immediately with great precision

Low margin requirement – start trading forex with only $50, and get a first deposit bonus of up to $1000!

Commodities Trading – trade Gold, Silver and Oil on the eToro platform.

Webtrader – no need to download the trading platform to your computer.

Community experience – connect with you fellow traders using public and private chats and forums

Trading challenges - win prizes simply by trading, no entry fees required!

Download
eToro for FREE today for a new kind of forex experience!

Categories: FOREX Tags: ,

How To Start Forex Trading

July 8th, 2010 admin 1 comment

The forex market was the best kept secret in the business world for many years. Only banks and large corporations had access to this market. Today, that has changed. Anyone can invest in forex now. Yet, most have no idea how to start forex trading.

There are many different trading platforms available on the internet. All of them offer technical analyses and fundamental information that drives the prices of the different currencies. However, not all present this information in a format that is usable by beginners.

There are some, eToro for example, that use graphic depictions to make investing in forex more of a game like scenario. These graphics are driven by the same technical analyses and trends that are depicted in graphs for those with more experience reading them. However, these make it easier to grasp what the market is doing in real time without any experience.

Virtually all online forex trading platforms offer the opportunity to use a practice account to make some investments without risking any real money. This is to give investors a bit of experience that they might not otherwise get. However, it should be noted that actual investments have a direct impact on the market where the practice accounts do not. For this reason, one should never assume that because the practice account shows super growth, an actual investment would follow suit.

For those who are accustomed to the long range investments that exist in the stock market, forex holds all new challenges. This particular market is extremely fluid. Prices between currencies are always changing. Sometimes they may trend one direction or the other for a few minutes, but overall, changes are frequent and small.

The potential for massive profits exists in the forex market. The potential for massive losses is there as well. It is important to remember that for every trade one profits on, someone else lost money. It is, therefore, a good idea to learn as much as possible about what sort of financial news and events can affect the prices most and how to take advantage of trading orders to minimize risk.

Because of the speed with which prices change, all trading platforms offer the option of placing orders that will activate when certain market conditions are met. One can set the entry point for a trade, a stop loss point to minimize losses if the market moves against one’s position, and take profit point for when the market moves with one’s position. Some even set a floating stop loss that is a set number of pips below the entry point of the trade. If the market moves in the trader’s favor, the stop loss moves in the same direction by the same number of pips. Later, if the market reverses, the stop loss may be at a point higher than when the trade was entered, but the order will activate if the market drops that number of pips.

Getting started in forex is fairly easy. For those who are not familiar with the ins and outs of day trading, it is a good idea to find a platform that offers easy to understand, graphic depictions of what the market is doing until he/she becomes accustomed to the line graphs and scatter plots used by more seasoned traders.

http://www.etoro.com/getting-started/practice.aspx

Categories: FOREX Tags: , , ,