So... what's the hype about eToro???
1. Social Trading
2. Referral Fees
Do you agree that most retail traders will look at the spread offered?
Next, we will look at how convenient to deposit funds into our trading account.
How easy/difficult is it to withdraw funds when we need them?
Order execution is also important. I can safely say that the Order execution policy seem fair enough.
Just so that we know, if there are technology glitches, we can't really do anything.
All in all, I personally would give this broker a miss because of the unnecessary withdrawal fees and the slow withdrawal process. There are several methods to deposit funds, but very inconvenient to withdraw funds. Reminds me of Online Poker sites. In fact, the spread isn't very competitive given that it is not an ECN broker. Nothing to shout about, really.
