eToro is a multi-asset platform which offers CFD and non CFD products.
75% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you can afford to take the high risk of losing your money.
75% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you can afford to take the high risk of losing your money.
eToro is an established and regulated CFD trading broker that offers a social trading platform where users are able to follow and copy the strategies of top performing traders.
With this broker, you will be dealing with contracts for difference or CFDs which means you don’t need to buy the underlying asset.
Transactions can be completed within seconds and you can trade these digital currencies any time even on weekends and holidays.
*75% of retail CFD accounts lose money
Cryptocurrency Trading
Via their all-in-one platform which can be accessed on a PC or mobile device, you can trade on the most popular cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Dash, Litecoin and Ripple.
Here’s the deal:
You can buy and sell these instruments while enjoying advantages that aren’t available at most exchanges such as immediate order execution, advanced risk management tools and access to multiple successful cryptocurrency traders which you can learn from.
There’s more…
Their minimum deposit requirement is just $200 to open an account.
Cryptocurrency CFD trading on eToro’s platform
Notable Trading Perks
To properly manage your risk levels, diversifying between several types of instruments is recommended with eToro, this is possible.
You can also invest on currencies, commodities, stocks, indices and ETF CFDs or search for traders that specialize with your desired instrument.
How can you actually use these?
With this tool, you can copy their trading strategies or learn from their performances.
eToro Bitcoin trading
Reputation
eToro was founded in 2007 and currently has over 10 million clients in more than 200 countries.
In terms of company reputation, they are widely known to be one of the pioneers in the social trading industry where users are able to follow and copy the trading strategies of top performing traders.
In addition…
Their brokering services are licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) and are in compliance with the Markets in Financial Instruments Directive (MiFID).
Customer Support
The customer service department can be reached via phone, email or live chat.
In comparison with other established brokerages, eToro has a much faster response time and are able to resolve issues within a shorter period.
Overall…
Such quality of service is unmatched in this industry.
eToro customer support
Conclusion
With eToro’s trading platform, you can benefit both from the rising and falling prices of digital currencies.
Their advanced social trading network gives you the ability to copy the investment portfolios of successful cryptocurrency traders which is a unique and pioneering feature that you can only get from this well-established trading company.
Bottom line?
If you want a hassle-free cryptocurrency trading experience then eToro is definitely a good choice.
eToro Overview |
|
| Website | www.etoro.com |
| Platforms | eToro (Universal platform) |
| Minimum Deposit | $200 |
| Margin Trading | Up to 1:1 for cryptocurrencies |
| Payment Methods | Credit/Debit Cards, China Union Pay, Giropay, Neteller, PayPal, Skrill Limited UK, WebMoney, Wire Transfer, Wirecard, Yandex |
| Cryptocurrencies Available | Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Dash, Litecoin, Ripple |
| Demo Account | Yes |
| Regulated | CySEC, FCA, MiFID, NFA |
| Support | Phone, Email, Live Chat |
How to trade Bitcoin, Ethereum and other cryptocurrencies with eToro
- Register for an account with eToro.
- Fund your account using the supported payment methods (Credit/Debit Cards, China Union Pay, Giropay, Neteller, PayPal, Skrill Limited UK, WebMoney, Wire Transfer, Wirecard, Yandex).
- Open the eToro platform.
- On the left navigation menu, click on “Trade Markets” and on the right side, click on Crypto. Here you will find all the available cryptocurrency pairs that you can trade on eToro’s platform.
- Choose your desired pair and place an order. Click Buy if you think that the value of the cryptocurrency will rise or Sell if you think that the value will fall.
- Once you have decided on where to place your position, enter the details of your trade and execute the contract.
- You will generate a return if you executed a Buy contract and the value of the cryptocurrency increases or you executed Sell contract and the value of the cryptocurrency decreases. Otherwise you will incur a loss.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.