In recent years, eToro has enjoyed increasing popularity all over in Europe. Within a very short time, eToro has become one of the leading brokers not only in Europe but also worldwide. he company, which has its official headquarters in Cyprus (EU), is specialized in trading in foreign currencies, equities, indices, ETFs and certificates on commodities. However, eToro has added more and more cryptocurrencies to its portfolio in 2017 and currently offers 15 different cryptocurrencies for trading – as real cryptocurrencies and as CFDs.
The company was already founded in 2007 in Cyprus. It is therefore subject to the Cypriot Financial Supervisory Authority, the Cyprus Securities and Exchange Commission (CySEC). In addition, eToro has established a subsidiary in the United Kingdom, which is why it is also controlled by the british FCA.
The increasing popularity is not only due to the high seriousness, but also to the numerous features that eToro offers. Especially in the area of social trading and copy trading, the broker clearly stands out from the competition (as we will explain in detail later).
Depending on your nationality (country) and the regulations of your country, the minimum initial deposit varies from $200 to $10,000. To view the required minimum deposit, simply click on “Deposit Money” and the required minimum amount will appear in the “Select Amount” field. Below you will find an overview of all deposit options that depend on your place of residence and their maximum limits.
Author : Jake Simmons