2011 Etoro Review
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2010 was an interesting year in the financial world, and 2011 promises to bring more of the same.
As we head into 2011, we are presented with the following themes - commodity prices are on the rise, especially gold and oil. The European Union continues to fray. The United States finally seems to be getting back to its feet after a three year-long recession. China and India continue to expand at a rapid rate - maybe too fast, raising the specter of rampant inflation in both countries.
As a forex trader, you will have plenty to chew on in 2011.
The last thing that you need, headed into the New Year, is a substandard forex broker. When you are ready to make a trade, the last thing that you want to deal with is a forex broker with non-existent customer service and a clumsy software package. You want a broker that you get the job done with minimal worries (and minimal fees).
As you look to open a new forex account in 2011, I feel that I have the obligation to let you know about Etoro.
Etoro is one of the largest forex brokers in the entire industry. They have over a million customers who are happily using the site every day. As I've said before, a large and happy customer base is one of the biggest signs of quality when it comes to picking a broker.
How did Etoro develop such a large user base?
It all starts with their software package. Etoro's trading software is simple and easy to use, free of useless clutter that will just serve to give you a headache.
Next up, Etoro offers its users the ability to trade many different instruments, such as currencies and commodities. That's right - you can trade oil and gold as well through Etoro.
Etoro offers 24/5 customer service that is very helpful and often blindingly fast. If English is not your first language, then don't worry - Etoro offers customer service agents in a multitude of different languages.
Etoro also offers very competitive commission structures and easy access to leverage, should you choose to go that route.
The last thing that I feel that I should mention about Etoro? The company is backed by a number of venture capital firms. According to publicly available documents, Etoro took in nearly $11 million in venture capital funding when they initially launched a few years ago. The presence of multiple backers gives the company a solid foundation.
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There are literally hundreds of forex brokers who will all be vying for your business in 2011. Why not go with Etoro, which is one of the industry's best?
Click Here to Open an Account with Etoro
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