Etoro Philippines ReviewFxPH | July 3, 2018 | 120 | Reviews
eToro Philippines Review :
If you’re looking for a trusted and reliable broker that accepts users from the Philippines then eToro is the place to go. Here is my full review.
How to get started trading with eToro:
Step 1 : Create your account here
Step 2 : Deposit $200 ( you can also use the free demo first before you deposit money). After you created your account you can browse the interface even without depositing. Only deposit money after you feel comfortable with the interface and are ready to start investing!
Step 3: Start Trading with eToro
eToro Social Trading:
I think the most popular feature about the etoro network is that they allow users to follow other successful traders and copy their trades! Yes thats correct. Instead of doing the work all by yourself you can simply follow another trader with a proven track record and eToro copies his trades on your behalf. Some of the traders there have some great and steady returns so feel free to browse their list after you signup and follow the winners!
What instruments can you trade with eToro?
eToro offers all major currency pairs and on top of that it also allows you to trade the US stock market and CryptoCurrencies. eToro is a great way to get exposure to the world markets without getting a expensive trading account in a US firm.
eToro (Europe) Ltd., a Financial Services Company authorised and regulated by the Cyprus Securities Exchange Commission (CySEC). Your money is safe with eToro.
With eToro you can use up to 1:400 leverage. Read up on my post about applying leverage though before you go wild!
eToro uses their own custom made interface. If you’re used to Metatrader4 it’ll take a few minutes to get used to it but all in all the interface is very easy and they also offer a mobile app.
Etoro Philippines Deposit Options:
For traders from the Philippines they offer wire, Credit & debit Card , Paypal and more. I am happy that they offer Paypal which is my favorite Payment option. The minimum is $200 ( about 5000 PHP).
Here are the full options:
All in All eToro is a great broker and if you’re fine with the limited deposit options & lack of customer support you should give them a try.