In foreign exchange trading, or forex, investors prosper by guessing which nations' currencies will rise or fall in value in relation to other currencies. Online forex trading is gaining in popularity, thanks in part to software like eToro, an online forex trading platform that makes it easy for the self-directed investor to participate in the growing market for international currency trades.
Like many such services, eToro is both the software that investors use to trade online in the forex markets and the Web-based portal to the online trading service or services that you have to subscribe to in order to make trades. However, you can download eToro and open a practice account for free, and you can earn hefty bonuses for opening a real account. Prominent among eToro's selling points is its interface, which it boasts is superior to the competition, and not without justification. It's simple yet has everything you need to manage trades at a glance, with a row of international clocks, large icons for main functions, a news crawl, and windows for current exchange rates and your open trades. It's easy to get around in, too, with lots of thoughtful touches like the ability to open multiple positions with a single mouse click. The eToro Web site offers extensive explanations of forex trading as well as video tutorials, an online community and chat service, and trading via Webtrader.
The latest version of eToro supports nine languages and Windows 7. It installs a desktop icon without asking.