eToro review

Trading on eToro web platforms and other applications

eToro offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

eToro also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

eToro review

eToro Trading Dashboard Home

eToro Dashboard Main Screen

The eToro trading dashboard is the first thing you will see after you have logged in to your secure eToro trading account.

The main screen displays a live price summary of securities and other financial assets. These are live market prices that are constantly being updated in real time.

You can have a look at how the most popular stocks, commodities, Indices, Forex currencies, crypto currencies and other financial assets are performing on the live markets.

The interface is clean with a simple navigation panel to the left.

eToro Dashboard Navigation

The main navigation for the eToro trading platform is always within easy access. Whether you are viewing on a desktop computer or mobile device you will always only be 2-3 clicks away from whatever you need.

Good UI design and a trading platform that responds to your actions quickly is crucial for active traders. The financial markets can be extremely volatile, responding to market news and trends can make or break a traders trade.

The eToro navigation is well designed and responds quickly the platform feels very sturdy.

The eToro trading platform has the following navigation options on the left panel.

eToro Watchlist

eToro Portfolio tracker

Market News Feed

Trade Markets with eToro

Copy People - Copy other traders on eToro

Invest in CopyPortfolios with eToro

eToro Club Dashboard

Invite Friends to eToro

eToro Help Portal

eToro Guides

Withdraw Funds from eToro

eToro Demo and eToro Live markets toggle

Search markets and people on eToro

eToro review

eToro Charting

eToro ProCharts

eToro offers a few pretty good charting options. In the image above you will see eToro ProCharts displaying a candle chart for Apple Computer Inc.

eToro allows to configure these charts so you change how they are displayed. You can change the charts data feed period from 1 minute to 1 week. The chart updates instantly.

eToro Charting Types

eToro offer the following chart types :

Candle

Hollow Candle

Bar

Line

Mountain

eToro Charting Tools

eToro offer the following charting tool options :

Measure

Channel

Annotation

Fibonacci

Horizontal

Vertical

Line

Ray

Segment

Rectangle

Eclipse

Doodle

Pitchfork

Available eToro Charting Studies

eToro offers the following charting tool studies :

Accumulation / Distribution

Accumulative Swing Index

ADX / DMS

Alligator

Aroon

Arron Oscillator

Average True Range

Awesome Oscillator

Bollinger Bands

Center of Gravity

Chaikin Volatility

Chande Forecast Oscillator

Chande Momentum Oscillator

Commodity Channel Index

Coppock Curve

Detrended Price Oscillator

Donchian Channel

Ehler Fisher

Elder Ray Index

Fractal Choas Bands

Fractal Choas Oscillator

High Low Bands

High Minus Low

Highest High Value

Historical Volatility

Ichimoku Clouds

Intraday Momentum Index

Keltner Channel

Linear Reg Forecast

Linear Reg Intercept

Linear Reg R2

Linear Reg Slope

Lowest Low Value

MACD

Mass Index

Median Price

Momentum Indicator

Money Flow Index

Moving Average

Moving Average Deviation

Moving Average Envelope

Parabolic SAR

Pivot Points

Pretty Good Oscillator

Price Oscillator

Price Rate of Change

Prime Number Bands

Prime Number Oscillator

QStick

Random Walk Index

Ravi

RSI

Schaff Trend Cycle

Standard Deviation

Stochastic Momentum Index

Stochastics

Swing Index

Time Series Forecast

TRIX

True Range

Typical Price

Ultimate Oscillator

Vertical Horizontal Filter

Weighted Close

Williams %R

eToro Chart Stats and Indepth Details

eToro allows you to view detailed statistics on financial securities and other assets.

In the image above you will see that you can change the date range of the AAPL chart, view the previous close, days range, 52 week range, average volume, 1 year return, market cap, profit / earnings ratio, revenue, EPS and dividend yield. All easily accessible within the eToro platform.

eToro Financial Summary

As you scroll down the eToro statistics page you can see a financial summary of your selected security.

This includes some very useful information like income statements, balance sheets and cash flow statements.

eToro review

eToro News Feeds

eToro have a news feed built into the platform where you can read the market news from other traders on the eToro platform.

These news feeds are very active allowing you get a sense of the markets. Although some of this information may be useful you should do your own independent research and verify every piece of information you act on.

eToro review

eToro CopyTrader

eToro have an innovative feature called eToro CopyTrader.

eToros CopyTrader allows registered users to copy trades of other succesful traders on the eToro platform.

For convenience eToro layout the Copytrader page by Editors choice, Most Copied, Trending, Top Investors, Lower Risk Score, Medium Risk Score.

You can also search the eToro platform for specific successful traders in the niche that you are looking to trade in and view their news feed, see their trading statistics and performance.

eToro Copy People Search Filters

You can filter your search for traders to copy by specific country.

You can filter the type of market you want your traders to trade in for example: Currencies, Crypto, Commodities, Indices, Stocks and ETFs

Another great feature is that you can filter traders to copy by the average percentage their trading as gained. You can type in a number for example show only traders who have gained 10% over the last 12 months. You have a duration filter that accompanies the percentage gain filter, this means you could return traders that have gained 10% over the last 1 month to 2 years.

A very exciting feature. But of course you have to take these tools with a pinch of salt. Do your own research before committing to any trading activity.

eToro Copy People Trader Statistics in Detail

As you can see from the screen capture above you can see a specific traders trading performance historically by month and year. Understand that when you view any of these stats, past trading performance is not a indication or guarantee of future trading performance. eToro updates this statistics data every day.

eToro Trader Risk Score

eToro display a risk score for each trader. This trader risk score is an average calculated over the last 7 days. You can see how a traders risk score has changed over previous months and years. You have an average percentage of that traders max drawdown over the last day, week and year.

The trader statistics detail page shows how many other registered eToro users are copying this trader. You can see from the screen capture that 19,892 traders are copying the trader above.

eToro Trader Trading Type Breakdown

As you scroll down the trader statistics page you will be able to see a breakdown of the types of financial assets and securities they are trading.

You can see the total number of trades completed over the last year. The trade data is displayed in percentage, segregated into how what percentage of these trades were stocks, indices, crypto, ETFs, commodities and currencies.

eToro Trader Average Trading Stats

Some of the most important values here are the average percentage of trades that were profitable and the average of traders that had a loss. On the far right there is a percentage of profitable trades.

You will be able to see which securities are most frequently traded by your selected trader and how profitable they were when trading those financial assets.

You can see on average how many trades they complete each week, their average holding time, how many weeks on average their trades have been profitable and the date the trader completed their first trade on the eToro platform.

eToro review

eToro Invest in Copy Portfolios

eToro offer a portfolio management product called eToro CopyPortfolios. CopyPortfolios allows eToro clients to copy markets and traders based on a predetermined trading strategy.

eToro CopyPortfolios should not be considered as hedge funds or exchange traded funds.

The eToro CopyPortfolio page is separated into the following sections : Top trader portfolios, Market portfolios and Partner portfolios.