eToro is one of the best Forex trading software for beginners. One of the main objective of eToro was to make Forex trading easier for begginers and they have achieved it by providing a graphical user interface where people who are new to Forex trading can visualize there trades to better understand there situation. I have already written a post about eToro so you can check out my eToro review. One of the main concerns raised about eToro specially from the Sri Lankan readers is about the legal requirements you need to fulfill to start Forex trading in Sri Lanka. To be honest I never thought about legal requirements, I just created an account , deposited cash and started trading. Creating an account is easy and you can even create a demo account and get a feeling of what it is like. Forex trading can be very rewarding but at the same time it can be risky as well. Please read my first review of eToro if you are new to Forex trading.
Although its great for beginners eToro haven't forgotten about experienced traders as well. There is an advanced trading interface for experienced traders and there are some new features introduce in eToro that makes it even more great for trading. I have highlighted some of them
- Up to 1000$ first deposit bonus. They give you 50% bonus for your first deposit up to a maximum of 1000$. Just in case if you didn't get it if you deposit 2000$ you get 1000$. If you deposit 1000$ you get 500$. But if you deposit 2500$ you still only get 1000$ bonus.
- You can start with a minimum deposit of 50$. This is not recommended though and you will get a lame bonus of 25$.
- You can trade commodities like Gold, Silver and Oil
- Web trader - most other platforms require you to install some software in your computer. With eToro you can do trading from anywhere in the world using Web trader. You do need a reasonably powerful Internet connection
- Support for multiple languages
- Cash prizes for demo and real trading championships
eToro really is a great Forex trading platform especially if you are new to trading. Its free to sign up and you can use the demo account until you feel comfortable about trading for real. So what are you waiting for sign up for eToro now


Traders must be very careful in choosing brokers. Trading is already difficult at the beginning and you do not want to have another headache courtesy of your broker. Read reviews and ask around. There are several forums/websites that have unbiased reviews of brokers. http://forextradingseminar.com