How to Make Money with Forex Trading?

FinanceStocks, Bond & Forex

  • Author Jacquiline Adendorff
  • Published May 20, 2011
  • Word count 1,678

eToro is a new way to trade Forex, commodities & indices. The eToro platform’s ground breaking design and visual interface makes the financial markets come alive in a way you have never experienced before. So whether you’re an eager newbie or a seasoned pro – join our Foreign Exchange traders community and take your online currency trading to the next level.

eToro’s Advantages

Trading is about more than staring at numbers and data on a screen.

Trading is about hopes, excitement and experience, it is about achievement and progression, about setting out your financial goals and seeing them realized. Trading is about value, satisfaction, learning, trust and delight. It's about doing things for real, doing the best that you can do and doing it now. Because trading is about all of this, and more besides – for millions of people, around the globe, trading is about eToro.

Great To Learn On

There is no better place to start trading then eToro. Our revolutionary Forex platform enables hundreds of thousands of people to approach their financial aspirations. No other company does more to help you progress your trading than we do: by making Forex easier to master than ever before. See for yourself why trading with eToro offers more for first time traders than anywhere else. With comprehensive practice trading and outstanding learning support, together with the most enjoyable and understandable trading platform you can experience, anywhere, we make learning Forex simple and rewarding.

A Delight To Trade

Experience Forex trading as it was always meant to be, when you trade with us. We provide every feature, tool and technology you need to trade Forex successfully within a single, simplified, trading experience which looks and feels great. Our easy-to-master trading platform frees you to focus on making the most of your trades because it takes the hassle out of the trading process. Our people friendly service culture delivers personal one-on-one assistance whenever you need it, and ensures your trading experience is always exceptional. Our community features, market insight, and analysis provide you with powerful tools you can use to progress your trading at anytime. Experience all this, and more, when you experience exceptional Forex trading from eToro.

Togetherness

Interaction, co-operation and community are at the heart of our trading experience. We believe that all of us benefit more from trading when we work together. Togetherness is knowing that eToro is always here, to help you get more out of trading. Togetherness is about the way we interact with you, and the way our community of traders interact with each other. Togetherness is about the kind of trading experience we want every user to have and the way in which we deliver it. Togetherness is the largest, fastest growing and most rewarding Forex trading community in the world. Togetherness is trading with eToro – for everyone who's ready to experience it.

Outstanding Value

Value is about more than getting what you paid for, it is about being satisfied. Value is why we all trade and why hundreds of thousands of traders choose eToro to trade upon. Value is what we deliver to you: 24 hours a day, seven days a week. Value is the competitive trading terms we offer: the low spreads, the great range of products to trade and all the extra trading features we provide which enhance your trading experience. Value is every unique offer we deliver because it makes trading more rewarding, and it's every great personal service we provide which helps you get the most out of Forex and to reach closer towards your financial goals. We simply love value, because we know you do too.

People Friendly

eToro never tries to deliver a "user-friendly experience" because at eToro we don't recognize "users", only people. People who seek to achieve their financial goals and want more from themselves and from trading. People who are seeking to enjoy what they are doing from the first click of the morning to the last deal of the day. People friendly is the only way we know how to deliver financial trading. It is in everything we do: from the simplifying approach we take to Forex, to the way which we interact with you – as people – and the way you interact with others as you trade. Being "people friendly" means delivering what you want from your trading experience, all the time. Being "people friendly" is what makes us eToro and what makes eToro different to any other trading platform you'll encounter.

Trustworthy

Trust is about how you relate to us just as much as it is about how we relate to you. Trust is about the respect which we extend to you and your information. Trust is a highly secured trading platform and a guarantee that your privacy is always secure. Trust means knowing that, when you trade with us, you are assured of receiving the highest levels of professionalism in your trading. Trust is knowing that we will never put any needless obstacles in your path or seek to do anything that might harm you or your trading experience – after all we want you to trust us. Earning and maintaining your trust is at the basis of everything we've been working towards since eToro first came into the world.

Open

eToro believes in openness. The openness to be inventive in our approach to financial trading. The openness of our unique community of users and the openness of how we relate to our customers and how you relate to us. We are opening up financial trading, expanding financial opportunity to more people than ever before, every single day, because we believe in the power of openness to transform people's lives for the better.

Inventive

Inventiveness is in our DNA. It is how we approach everything we do: by seeking a better way of doing everything we begin. Yesterday we brought you a uniquely visual approach to trading which revolutionized Forex; letting everybody trade for real for the first time. Today we are shaking up financial trading, all over again; delivering community trading which is opening up how people trade forever. Excited by what we might bring you tomorrow? We are too.

eToro for Beginners:

Graphic trade visualizations

User friendly interfaces

Free practice account with live market rates

Low initial investment

Personal trading coaches

eToro For Professionals:

Spreads as low as 2 pips

No dealing desk

Automatic execution

Personal account managers

Leverage of 1:5-1:400

Forex Bonus

eToro: Delivering Outstanding Value Trading From Day One. Start trading Forex with eToro and receive up to $10,000 bonus on your first deposit! Care for some extra trading cash to get you started? Make your first deposit with eToro and you'll automatically receive a bonus gift of up to $10,000 instantly.

The opportunity to profit

It doesn't take a financial genius to figure out that the biggest attraction of any market, or any financial venture for that matter, is the opportunity of profit. In the Forex market, profitability is expressed in a number of ways. First of all, just to set the record straight, you don't have to be a millionaire to trade Forex. Unlike most financial markets, the Forex market allows you to start trading with relatively low initial capital. At eToro, you can start trading Forex with as little as $25!

Right about now you're probably asking yourself: "So how am I meant to make any serious money with such a low initial investment?" The currency trading market has just the thing for you, because it allows you to use leveraged trading. Leveraged trading lets you open positions for tens of thousands of dollars while investing sums as small as $25. This means that Forex trading has the profit potential of tens and even hundreds of percent a day! What is also unique about the Forex market is that any sort of movement is an opportunity to profit. Whether a currency is crashing or soaring, there is profit to be made, since you always have the option of buying or selling the currency of your choice. Unlike the stock market, you are not limited to speculating on rising stocks, and a falling market is just as good for business as a rising market.

Leverage

If you've been at all exposed to the world of Forex you've probably heard the word "Leverage" being tossed around. But what exactly is "Leverage"? Leverage is a very important part of Forex trading, and it's critical that you know exactly how it works and how to use it. It is the term Forex traders use to refer to the ratio of invested amount related to the trade's actual value. Online forex brokers usually provide their customers with the option to trade on borrowed capital, so that traders don't have to invest tens of thousands of dollars to make any real profit. When you trade at a leverage of 1:100, or X100, it means that for every $1 that you invest in the market, the broker invests additional $99. As a result, you can control an amount of $10,000 by investing $100. eToro provides traders with the opportunity of trading at up to 1:400 leverage. It probably won't surprise you when we say that with greater opportunity for profit comes greater risk. Just like slight fluctuations in currency rates can make you significant amounts of money, it can also cause you to lose your money very quickly. The higher the leverage, the larger the profit that you stand to make and the quicker you might lose your investment. A leverage of 1:400 can make you more money than a leverage of 1:100, but it also puts your initial investment at more risk.

Tactical usage of leverage

If you trade with a leverage of 1:100 the market would have to move 100 points against you for your position to be wiped out. On the other hand, if you trade with a leverage of 1:400 the market would only have to move 25 points against you for your position to be wiped out. We recommend first opening a position with a low 1:100 Leverage, and only once you see that you've hit a strong trend, consider opening one with a 1:400 leverage.

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