Guidelines

Why does eToro need my employer?

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Why does eToro need my employer?

The verification of your trading account is required in order to provide you with the best possible service and comply with financial service regulations. Your information is always kept confidential and is only used for compliance purposes.

Is eToro a legit broker?

eToro is a legit and safe, zero-commission stock broker. It has a simple, easy-to-use platform, and a great mobile trading app. eToro offers investing in stocks, CFDs, forex pairs, and ETFs. eToro is a multi-asset broker that offers a decent selection of US-listed stocks, currency pairs, cryptocurrencies, and CFDs.

Why does eToro need your address?

Complying with those guidelines helps us ensure that the website is accessible to blind people, people with motor impairments, visual impairment, cognitive disabilities, and more.

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Is it safe to give eToro your SSN?

Rest assured, we always keep your personal information secure and private. eToro USA LLC is registered with the Financial Crimes Enforcement Network (“FinCEN”) as a Money Services Business (“MSB”).

What do day traders look for in a stock?

Day traders look for securities with high volume. This means there is a lot of buying and selling of the asset. Volume gives you the advantage of quickly entering and exiting the trade. Liquidity means there are buyers and sellers lined up to make the trade. Day traders look for volatility.

Is tradtrading Forex a good way to trade?

Trading forex is great – online access to your account so you can trade anywhere in the world, very high leverage which enables you to make a significant amount of money from a very small account, the trades are commission-free and even the spreads in forex are extremely tight.

Is forex trading profitable?

It can be very profitable. If you make just 1\% on five short-term trades in a day, at the end of a week, you’ve made 20\% profit. If you leverage that with a 5x leverage, you have the potential to see 100\% gains. It’s numbers like this that have novices eager to try it.

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