ALL >> General >> View Article
An Overview On Etoro And Plus500 Forex Providers

The popularity of forex is certainly unquestionable...People from all parts of the world trade forex for various reasons. However, a new trader cannot be expected to become professional overnight, rather, one would need a good amount of time and practice to get accustomed to forex trading. Trading forex needs a broker, and it is this broker which plays a crucial part in the performance of a trader, so it is advisable that the trader should look around and find a reliable broker.
Amongst an array of brokers, eToro is one of the most popular forex providers. It has developed its own trading platform known as the Open Book; it also trades on eToro WebTrader. This Open Book allows traders to observe, track as well as copy other successful traders and investors. This can really be helpful for a trader in being successful. It offers a free demo account for new traders so that they are able to test exchange of currencies without risking their money. However, for traders who are trading by paying deposit amounts are entitled to receive a newsletter, special events, and advanced analytics. The minimum deposit at eToro is 50 euro.
Plus500 ...
... is another popular forex provider to which a lot many traders have been registered to. These traders are offered the WebTrader trading platform which can be downloaded. A version for the iPhone and the iPad is also available. However, the eToro does not currently offer mobile apps. Plus500 too offers a free demo account; also, it offers a bonus of 25 euros to a trader even before one has made his/her first deposit. The minimum deposit in Plus500 is of 100 euros.
eToro works great if a trader wishes to pursue a detailed technical analysis; Plus 500 offers chart analysis; candlestick charts are offered by both brokers. Both trading platforms offer little scope for innovation. Although trade execution is fairly simple in both platforms, but it is comparatively faster in Plus500. Both eToro and Plus500 work perfect for beginners and allow them to trade in a much simpler way. eToro allows a variable spread whereas Plus500 offers a fixed spread. The lever of 1:400 is truly helpful in achieving a very high profit and that too with a low capital investment. The leverage in Plus500 is 1:50.
Both foreign exchange trading platforms are perfect, and are no competition to each other.
Add Comment
General Articles
1. Discover Luxurious Living At Imperial Estates By SapphireAuthor: Star Estate
2. Best Air Conditioning Services In Dubai
Author: Amulya
3. How To Choose Best Software Company Near Me: A Step-by-step Guide
Author: davidjohansen
4. Why Businesses Prefer Working With Software Company Near Me?
Author: davidjohansen
5. 5 Reasons To Hire Software Company Near Me For Your Next Project
Author: davidjohansen
6. Rhode Island Auto Accident Law Firm
Author: Tapalian Law
7. Revolutionize Your Shopping With Try On Clothes Virtually: A Complete Guide
Author: Max
8. How To Choose Reliable Experts For Macbook Repairs?
Author: Fix Laptops
9. British And Irish Lions: Genge Leads As Van Der Merwe Falters
Author: eticketing.co
10. Future Outlook Of The Electric Vehicle market
Author: Rutuja kadam
11. Unforgettable Dubai To Usa Tour Packages – Book Today
Author: nithin
12. What Security Features Should A Jewelry Website Have?
Author: Listany
13. How Lab Automation Is Transforming Healthcare And research
Author: Rutuja kadam
14. Ready To Upgrade? Switch To Udyog Cloud Erp Today!
Author: Udyog
15. Go Digital With Your Loan Services
Author: davidbeckam