22/01/2012

the right forex broker (part III)

This time I would like to say something about etoro.
I really cannot understand people, who have great confidence in  etoro and recommend it . Let's take a brief look at a pseudo-reports and reviews about  etoro: http://thebestforexbrokers.com/etoro-review. Can advertising be more obvious?!
Mini account, low spreads, instant execution of orders, good education and leverage - and that's it? That makes  etoro  the best?! 
Yeah, yeah. 
The things listed above should be and are usually basics. Every normal broker offers them to their clientel. 
I don't want to say that  etoro  is crap. But, I would like to say, that it is a good marketing machine. Pseudo-bonus here (to get the bonus paid out you have to show some persistence), a challenge with some small prizes there... 
Hmm, to me, etoro  is more a social community like Facebook or Twitter than a real broker. 
For of analysis a trader needs a good software. And  etoro  definately does not have it. The whole interface looks like a page from a comic book. When I trade, the last thing I need is a childish background. 
 etoro never would be my first choice, neither my second nor third...

to be continued...

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