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Eurotrader.com
Welcome to our comprehensive review of Eurotrader.com, a reputable forex broker established in 2015. This platform is known for providing a broad spectrum of trading options, including over 60 forex currency pairs, commodities, shares, indices, cfds, and cryptocurrencies like Bitcoin, Litecoin, and Ethereum. Eurotrader has made a name for itself by offering top-tier forex trading platforms such as MT4, MT5, MT Web, and Mobile. It's a platform that caters to all types of investors, with a minimum trade size of 0.01 and maximum leverage of 500:1. It's also accessible to new traders, with a minimum opening balance of just $50. Their operations are based out of the Trust Company Complex on Ajeltake Island in the Marshall Islands. They also have a responsive support team, reachable via email or phone. Eurotrader stands out for its flexible trading conditions, allowing for EAs/Robots, News Trading, and Scalping. They also offer Managed Accounts & Social Trading with MAM and PAMM options. The platform is also user-friendly in terms of transactions, accepting a wide range of deposit and withdrawal methods such as Bank Wire, VISA, MasterCard, Bitcoin and other cryptocurrencies, Neteller, Ripple, and Skrill. Stay tuned as we delve deeper into the workings of Eurotrader.com, providing an unbiased and professional analysis of their services.
Established in 2015, Eurotrader has carved out a niche for itself as a reliable online trading platform. Known for its diverse trading options, Eurotrader offers a wide range of trading instruments including Forex, CFDs, and cryptocurrencies.
Trading Platforms and Features
Eurotrader provides its users with the MT4, MT5, MT Web and Mobile forex trading platforms. These platforms are renowned for their user-friendly interfaces, advanced charting tools, and automated trading capabilities. This makes them suitable for both novice and experienced traders looking to implement complex trading strategies.
The trading platforms also support Expert Advisors (EAs) and Robots. This allows traders to automate their trading strategies, a feature that is particularly useful for those who do not have the time to monitor the markets constantly.
Trading Instruments
Eurotrader offers over 60 forex currency pairs, indices, shares, commodities, CFDs, and cryptocurrencies. This includes popular cryptocurrencies like Bitcoin, Litecoin, and Ethereum. The diversity of trading instruments means that traders can spread their risk across different asset classes and markets.
Trading Conditions
With a minimum trade size of 0.01 and maximum leverage of 500:1, Eurotrader provides flexible trading conditions. The company also supports news trading and scalping, allowing traders to take advantage of short-term price fluctuations and market news.
Account Management
Eurotrader offers Managed Accounts and Social Trading through its MAM and PAMM services. These services allow traders to copy the trades of experienced traders or have their accounts managed by professionals.
Deposits and Withdrawals
Eurotrader supports a variety of deposit and withdrawal methods including Bank Wire, VISA, MasterCard, Bitcoin, Bitcoin Cash, Litecoin, Neteller, Ripple, and Skrill. This makes it easy for traders to fund their accounts and withdraw their profits.
Pros and Cons
One of the main advantages of Eurotrader is its wide range of trading instruments and platforms. The broker also offers flexible trading conditions and supports various deposit and withdrawal methods. However, one potential drawback is that the company is based in the Marshall Islands, which may raise regulatory concerns for some traders.
Scammer or Not
While Eurotrader has been in operation since 2015, it is always important for traders to do their due diligence before choosing a broker. Traders should look for information about the broker's regulatory status and read reviews from other users.
Safety Check
Security is a top priority for online traders. Eurotrader uses advanced security measures to protect its clients' funds and personal information. However, traders are advised to use strong passwords and two-factor authentication to further enhance their account security.
FAQs
What trading platforms does Eurotrader offer?
Eurotrader offers the MT4, MT5, MT Web and Mobile forex trading platforms.
What trading instruments are available on Eurotrader?
Eurotrader offers over 60 forex currency pairs, indices, shares, commodities, CFDs, and cryptocurrencies.
What is the minimum deposit required to open a live account?
The minimum deposit required to open a live account on Eurotrader is $50.
For more information about Eurotrader and to share your own experiences, visit forexroboteasy.com. Remember, this is an independent review and does not endorse or recommend any specific trading platform.
forexroboteasy.com
My involvement with Eurotrader.com has spanned for a good two years now and I can confidently say that they have delivered consistent results. The company exudes an aura of assurance, being a big brokerage name in the industry, they've earned my trust over time. What stands out with Eurotrader is their low-cost commission structure, making trading affordable. Yes, their customer service might be slow at times, but they always come through with good solutions. I haven’t experienced any glitches with the platform myself, and I always take precautionary measures to prevent issues, such as closing positions before market events and maintaining enough margin to avoid stopouts due to wide spreads. However, it's essential for new traders to note that while Eurotrader is an economically efficient platform to kick start their trading journey, it might be beneficial to switch to a regulated broker in the long run. Drawbacks include gapping during Asian open trading sessions and occasional insane spreads that could slightly affect your profit margins. The last one year of my trading has been chiefly centered around majors and I must acknowledge that Eurotrader displays impressive reliability. Deposits and withdrawals flow smoothly, although you may need a little bit of time to get accustomed to their system. Being an EA aficionado, I found the MT4 platform to be accommodating to my requirements on both Zero and Premium accounts. With the Zero account, you receive negligible spreads at the expense of a fixed commission, while the Premium account has no commission but higher spreads. Their customer support team has provided prompt and friendly service, albeit with some accent-related issues. Indeed, EuroTrader has built a respectable reputation in the industry, ensuring seamless payments and withdrawals experience. For me, it undoubtedly ranks among the best brokers I've interacted with. However, it's worth noting that there were some aspects I found unsatisfactory. For instance, they should work on extending the availability of their customer service support, which was quite limited when facing withdrawal issues. Besides, their banking charges should be revisited to keep them competitive. One feature I found interesting is their cryptocurrency deposit option, which allows you to kick-off your trading journey instantly. Over the past six months, I didn't experience any slippage, however, I refrain from news trading, hence can't guarantee the same experience for news traders. Notably, withdrawal requests were timely processed, albeit some delays in support availability due to high demand. Particularly for the new entrants in the trading world, Eurotrader is a great starting point. I began my journey with them after participating in a demo contest, and their client support and product offerings were impressive. Deposits and withdrawals work efficiently most of the time, but they could improve by reducing the delays. In conclusion, for Indian traders, they could also benefit by adding more deposit options. Despite these minor hindrances, my overall trading experience with Eurotrader has been satisfactory and I would recommend them to any trader seeking affordable and reliable trading services."
1 review
As an experienced trader who's been employing the services of Eurotrader.com for nearly two years, I have earned a substantial level of trust for this firm owing to their sizable presence in the market. Notably, they entice with low commission rates. Although their customer service could be somewhat sluggish on certain occasions, their overall performance proves commendable, particularly given the absence of significant hitches with their trading platform. I've grown adept to ensuring that my position closes prior to any market events, and keeping a satisfactory margin to avert any potential stop out triggered by widespread spreads. For beginners venturing into the trading arena, Eurotrader.com stands as a respectable starting point. However, while they provide a solid foundation for novices, it's advisable to eventually transition to a regulated broker at some point for a more secure transaction experience. On occasion, Eurotrader.com does exhibit a tendency to gap during the opening of Asian markets. This, combined with occasional aberrations in spreads, might marginally dwindle your profit margins. Despite these minor drawbacks, Eurotrader.com remains a reliable destination for trading, as I have personally witnessed over the course of a year, mainly dealing with majors. Their deposit and withdrawal system may require a bit of initial acclimatization, but once you've accustomed to it, the system operates without any significant issues. The MT4 platform performs effectively with my EA on both the Zero and Premium accounts (although I'm yet to try the Fixed variant). While the Zero account offers exceptionally low spreads with a fixed commission worthy of consideration, the Premium account; although commission-free, features higher spreads roughly around 1.5 for EUR/USD and Cable. Their support team showcases friendly demeanor and prompt response times; although, their accents might make conversations a tad unclear. Eurotrader.com's reputation is well-earned and deserved in the market. Payment processing and withdrawals have been smooth throughout my tenure with them, and they certainly shine as one of the preferable brokers currently available. While the platform impressed me as user-friendly and overall satisfactory, bank charges can get a bit steep and absence of 24/7 customer support may inconvenience users, specifically during withdrawal issues. A commendable feature that sets Eurotrader.com apart is the ability to deposit via cryptocurrency and commence trading instantly. I've been trading with them for more than half a year without any instances of slippage, although I refrain from news trading, hence, cannot guarantee the same experience for fellow news traders. Despite minor setbacks with customer support availability at times, both my withdrawals were processed within one day. As a fresher in the field, my first brokerage experience with Eurotrader.com proved positive and encouraging. Their client support and product offering adapted seamlessly to my needs. The expedition of deposits and withdrawals could use a boost, but despite occasional delays, funds have always reached me. Indian traders will benefit from the integration of more deposit methods from Eurotrader.com. Despite certain areas of improvements, their credibility and competitive rates testify their standing in the market and make them worth considering as a reliable broker.
1 review
Having been a steady patron of their services for an uninterrupted stretch of nearly 2 years, I have developed an unwavering faith in Eurotrader. As one of the industry's colossuses, the company continually extends cost-effective commissions tethered with a commitment to quality service. Admittedly, their customer service might project traces of lethargy every so often, yet the proficiency they exude is second to none, making them a highly trustworthy partner. The strength of their platform has rarely caused me concern as I consistently take preemptive action to close positions prior to market upheavals, ensuring a sufficient margin to circumvent stop out for broad spreads. Eurotrader is an excellent springboard for newcomers seeking an initiation into the finance world. However, I would urge you to gradually transition towards a regulated broker for enhanced adherence to industrial norms. Despite some occasional hiccups such as bizarre spreads during the Asian market opening and a few minor skims off your profits, Eurotrader remains a reliable choice for online trading. Having navigated the financial waves with this broker for over a year, I've found their platform to lean towards stability. The familiar terrain of majors offers smooth sailing, with the unlikely obstacles of deposit/withdrawal issues being a rare occurrence. New users may need a minute to acclimatize to their system, but the overall experience is reassuring. Their MetaTrader 4 (MT4) platform works seamlessly with both my Expert Advisor on their Premium and Zero accounts, and the option of Fixed remains unexplored. Their low-spreading Zero account with a steady commission is certainly an attractive choice. On the other hand, their commission-free Premium account compensates with a slightly elevated, yet reasonable, spread of approximately 1.5 on the EUR/USD pair and Cable. The support team consistently exudes amiability, although their accents may at times somewhat impede clarity. Eurotrader, a broker of commendable reputation, has made the payment and withdrawal process a hassle-free experience, reinforcing its position as one of the preferred brokers in the market. The option of depositing in cryptocurrency this platform offers has been an appealing feature. Having remained active across multiple trading platforms for over half a year, I've never encountered any slippage during the transition. My only quibble, however, has been the irregular availability and delayed response of their support team. For all the novices out there, Eurotrader's demo contest is a great starting point for gaining a solid, practical understanding of the market trends. Deposits and withdrawals could use some tuning in terms of speed, so consider leaving room for some delays. That said, these minor inconveniences barely overshadow the overall exemplary trading experience that this brokerage offers. Especially for Indian traders, adding more locally popular deposit methods would undoubtedly enhance user connectivity and satisfaction. This insightful Eurotrader review should hopefully serve as a comprehensive guide for anyone considering their options in the world of finance, assisting you in your quest to find a broker that best suits your unique trading needs."
1 review
Having been associated with Eurotrader.com as my chosen broker for nearly two years, I've come to value their credibility, given their status as a well-known company. A key aspect I appreciate is their competitive commission structure, which indeed resonates with my preference for affordable options. Their customer service might sometimes be on the slower side, but by and large, their overall service quality is commendable. The platform is reliable, devoid of any significant technical glitches. I've developed a habit of closing my positions before market events, thereby mitigating the risks posed by wide market spreads. Additionally, I take care to maintain a healthy margin that preempts stop-outs. While Eurotrader.com is an appealing choice for neophyte traders, I'd counsel against sticking with them exclusively. Instead, diversifying to include a regulated broker in your trade portfolio might be a robust move. An aspect of their service that doesn't sit particularly well with me is their habit of gapping during the Asian market's open, along with the occasional ridiculous spreads. This, unfortunately, impacts your profits to an extent. From the perspective of reliability, Eurotrader.com remains steadfast, especially when it comes to trading on major currency pairs. Deposits and withdrawals are mostly efficient, requiring an initial period of acclimation to comprehend their system. The MetaTrader 4 platform syncs well with my Expert Advisors on both Zero and Premium accounts (I haven't yet ventured into the Fixed one). The Zero account features ultra-low spreads complemented by a fixed commission - a factor worth considering when choosing an account. On the other hand, the Premium account carry zero commission but a higher spread, hovering around 1.5 for pairs like EUR/USD and GBP/USD. Their support team extends cordial service and swift responses, with the only downside being their heavy accents making their responses difficult to decipher at times. Their reputation within the broker industry remains undisputed. I've never encountered any issues relating to payments or withdrawals, leading me to believe that they are indeed one of the superior options available. Of course, there's always room for improvement - the bank charges seem steep and the lack of a 24/7 customer service poses an inconvenience when an issue arises. Depositing with cryptocurrency and hitting the ground running with trading was a plus. I've been trading with them for over six months, sans any slippage. However, I opt not to trade news, so I can't confirm if the experience remains the same in that scenario. The two withdrawals I've processed were over within a day. The only qualm I have is with their support, which can sometimes be unavailable or too busy, extending the waiting time up to an hour on occasions. Being a rookie in trading, my experience has been largely positive. Involvement in a demo contest led me to the Bullseye Markets, where I found their products and client support to my liking. Deposits and withdrawals function fairly smooth, barring a sporadic delay. The only overt flaw is the lag in deposit and withdrawal processing. An added bonus for Indian traders would be a wider range of deposit methods. In summary, my association with Eurotrader.com has been largely satisfactory, with scope for improvement to enhance an already good experience."