eToro was created in the year of 2007 by Ronen Asia and Israeli's Toni Asia. The main purpose of eToro is in order to create a trading platform through out the world beginning with forex. Over the last year's eToro added various more classes of asset, comprising crypto in the recent year of 2017, it is adding more social features such as copy trader as well. In today's history eToro offers million of users in more than 140 countries. If you are one of those people who does not know about eToro then you are landed on the best place. This is the comprehensive eToro review for you. Take a look below and clear your confusion.
Customer service of etoro:
All the users of eToro can easily contact the customer support survive through online chat or email. The mentioned phone number is only a recording that directs the users of eToro to chat. But there is one thing you have to know about the chat of eToro that it is specifically available for the club members of eToro. This sometimes annoy the majority of users of eToro. By this means that majority of the users of eToro would just have only one option of email customer service. But any time you can easily visit the help centre in order to solve via lists of frequently asked questions.
Security of eToro:
When it comes to security, so the cash assets are always held in the federal deposit insurance corporations (FDIC) insured bank accounts. The security protocols for the crypto comprises online and offline storage of the coins, the tools of the state of the art monitoring, and the two factor authentication. Moreover, no any member of the staff of eToro could able to transfer the crypto of users put of the cold storage.
eToro Range of Offerings
The best platform of eToro provides trading in almost 27 crypto currencies. This is enough in order to cover the simple and basics for the majority of people who are beginners in the field of crypto but the users who are professionals in the world of crypto they can find the list limiting. few of eToro's famous coins which are easily available may comprised:
EOS
Bitcoin (BTC)
Dogecoin
Ethereum (ETH)
Ethereum Classic (ETC)
Litecoin (LTC)
NEO
Stellar Lumens (XLM)
Uniswap
eToro Commissions and Fees
The pricing of eToro could be confusing sometimes on the exchanges of crypto, specifically those that are beginners for example: Gemini and coinbase. So it means it is refreshing that clearly eToro lists the fee, and technically spreads. It rents when you buy crypto. The spreads could change by coins and they can easily changing and it depends upon the conditions of market.
Other eToro Fees
There are various platforms that charges other fees as well but when it comes to the eToro platform it does not charge any other fee such as the account management fee or the trading commissions. There are any fee in the cash withdrawal as well even though the company has a 30 dollar withdrawal minimum.
You will pay a fee of crypto transfer of almost 0.50 % up to a max of 50 dollars, when you transfer funds from the investment application of eToro to the money wallet of eToro, which is fundamental in order to move coins off the platform of eToro. The conversation rate of crypto to crypto is based upon the market rates of eToro and it cost 0.01 %.
eToro Club
The club of eToro is a best membership that can afford the users of eToro with various features and it is based on their balances. Officially eToro analysis this depend on your realized equity, and it is equivalent to the amount that you spent in order to purchase securities at the eToro, furthermore, your cash holdings too. The membership is available when the users of eToro have 5,000 dollars of cash holdings in the account of eToro or bought crypto assets. Membership grants users are as follows:
Dedicated expert trading support
Analyst reports and market newsletter
Live webinars
Early access to new services, products, and features