Eurotrader Review

Eurotrader offers a diverse range of trading instruments across different asset classes, such as Forex, Stocks, Indices, Commodities, and Cryptocurrencies, for trading online via the popular, powerful and easy to use MetaTrader 4 and MetaTrader 5 trading platforms for web, desktop and mobile devices. You can get access to tight spreads, low fees, flexible account types, convenient funding options, 24/5 support and much more. Traders can quickly and easily open a Eurotrader account with a minimum deposit of just $50 or start with a free demo account to practice trading online and build confidence before making an investment.

Founded in 2015 and headquartered in Limassol, Cyprus, Eurotrader is a fintech company that is owned by Eurotrade Global Limited, who are licensed in multiple jurisdictions by some of the most respected regulatory bodies in the world, including FSCA and CySEC. The broker has a mission to provide the most complete solution in the financial markets, and it has partnered with premium liquidity providers to ensure that they continue to provide transparent pricing and fast market execution of clients’ orders at the best available prices.

Founded by Dr Ozan Özerk in 2018, Eurotrader champions financial inclusivity and supports new traders in their introduction to the markets. With in-depth learning resources, exceptional customer service, superfast executions and attractive low costs, the brokers mission is to deliver a modern, streamlined trading experience that empowers and educates traders of all abilities.

Markets

Eurotrader enable clients to instantly trade Forex, Stocks, Crypto, Indices and Commodities. The low-cost accounts give members very competitive rates when compared to the brokers direct competitors. You can trade instruments as contract for differences (CFDs). Clients can instantly purchase an asset class and monitor the performance of open positions across their portfolio.

What are CFDs?

CFDs or contracts for difference are a financial product developed for traders to be able to invest, enjoying all the advantages of buying shares, currencies, raw materials, but without the need to physically acquire the ownership of those instruments.

The investor adheres to a CFD contract at the price in effect when a position is opened and collects a profit or assumes a loss when the position is closed if the price moves in his favour or against them respectively.

CFDs are so-called OTC or “over the counter” derivative instruments because they are not traded on an organised market. CFDs are issued by financial institutions, in this case Eurotrader.

Forex

Enter the world’s largest market with maximum liquidity and trade global currencies with a low-cost and fast-execution account. You can trade FX currency pairs including majors, minors and exotic pairs.

Stocks

Interested in Apple? Facebook? Nike? Netflix? Tesla? Take your pick of the A-Z of companies trading in each market and invest with zero commission on your favourites. The broker offers their trading community all the tools, training resources and technical support they need to manage the market’s ups and downs, from LSE to NYSE, Nasdaq MarketSite to the Tokyo Stock Exchange.

Crypto

Trade the most active and top-traded cryptocurrency pairs with enhanced security for you to invest in. Exclusive crypto trading tools, calculators, calendars and learning aids to deal with your FOMO and teach you to trade cryptocurrencies at either their all-time high or all-time low.

Indices

Track the overall performance of selected stocks and trade up with competitive rate and fast execution – index fingers at the ready. Boost your trading confidence by trading indices and speculating the leading stock markets of Europe, USA and Asia. Join the Eurotrader community and you can get the benefits of exclusive trading tool kits, the learning resources and superior support to trade up NASDAQ, FTSE and S&P 500.

Commodities

With transparent pricing, tight spreads and around the clock support, the global energies and commodities market is ready to spark your interest. Dive into a gold mine of information: exclusive in-depth learning resources, cheap rates, exceptional customer service, superfast executions. Get everything you need to train up and trade up gold, silver, oil and gas.

Platforms

The broker provides traders with the powerful and sophisticated MetaTrader trading platforms. Developed by MetaQuotes, the MetaTrader suite of platforms are extremely popular with forex and CFD traders all across the globe. MetaQuotes Software is a Russian software company that specializes in the development of software for foreign exchange trading. MetaQuotes main product is the MetaTrader family of online trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Both of the MT4 and the MT5 trading platforms are available as desktop applications for Windows and Mac computers, mobile trading apps that are compatible with Android and iOs devices, and a WebTrader that runs directly on most modern web browsers including Chrome, Safari, Firefox, and Edge.

MT4

MetaTrader 4 is the trading platform for trading professionals. Trusted by millions and making trillions of trades every day, MT4 delivers all the tech you need – at your fingertips.

The MT4 is a user-friendly platform that can be customized to individual traders’ preferences. It comes with a lot of built-in trading tools and is fast, rugged, stable, and versatile. Its features can be enhanced through plugin apps built with the MQL4 programming language.

• Superior features
• Easy-to-use interface
• Very versatile
• Super-fast execution
• Essential charting tools & graphical objects
• Multiple order types with real-time trade alerts
• 4 x pending order types

MT4 App

Traders can download the MetaTrader 4 mobile app and get started on the world’s most popular trading platform, wherever you are. With access via iOS and Android-powered smartphones and tablets, you will have the financial markets in the palm of your hands.

Monitor your account status. Check the markets. Track your trading history. Buy and sell in a single click. With interactive quote charts, full set of trading orders and the most popular analytical tools, plus extra features such as convenient chat with other traders and push notifications – the MetaTrader 4 app has everything you need to get your trade on.

MT4 Web

With the MetaTrader 4 web platform, you can start trading in just a couple of clicks. MT4 is highly reliable and usable, as well as compatible with Windows, Mac and Linux.

Millions of traders use it every day, safe in the knowledge that all transmitted data is securely encrypted. MetaTrader 4 also offers real-time quotes in Market Watch, 30 indicators for technical analysis, historical trade tracking and much more. It’s a one-click trading platform for all types of trading operations.

MT5

The MetaTrader 5 was developed to succeed the MT4 platform, and it has all of the features of the MT4 platform but with more advanced features and capabilities, including more technical indicators and trading timeframes. Even faster and fitter than 4. From execution speeds to improved email, upgrade to MetaTrader 5 for more tools, features and assets to take your trading to the next level.

With the MetaTrader 5 platform, you will gain access to multiple markets beyond Forex, including commodities, CFDs, stocks, futures and indices. It’s a multi-market platform which allows you to widen your trading horizons, both in centralised and non-centralised markets.

MT5 is a multi-threaded platform which runs fast on 64-bit operating systems. Equipped with 38 built-in technical indicators, 44 graphic objects and extra timeframes, MetaTrader 5 leaves plenty of room for more precise analysis. The MT5 platform delivers extra fundamental and technical analysis tools to your fingertips, including its built-in Economic Calendar, Fibonacci studies, and Elliott Wave drawing tools.

Embrace the real-time alert functionality to stay posted with all the latest market events, which can be an extra asset if you trade multiple markets. Explore the platform’s diverse functionality. From its copy trading and automated trading features to tracking symbols, reporting and analysing, MetaTrader 5 speaks the MQL5 language and does the job for you.

• Get access to more markets, including stocks
• Depth of Market tool
• Built-in Economic calendar
• Upgraded Charting tools
• Additional Charting Timeframes
• Hedging & Netting
• 6 x Pending order types
• Multi-currency strategy tester

Eurosocial App

Download the Eurosocial social trading app to connect, chat and train with the brokers trading community. You can choose to follow other traders, copy signals, provide your own trading signals, share your experiences and continue to learn. Eurosocial is entirely free of charge for clients to use but there may still be trading costs involved.

From the Eurosocial app you can discover top traders, follow them and auto-copy their trades. There is a leader board that lists the traders according to performance which you can filter accordingly. Notifications alert you to every trade made so you can learn with every step. Social icons help you connect, interact and grow your confidence. All you need to do is choose a trader you like, and they will introduce you to their style and strategies of trading. However, please be aware that any past performance does not guarantee future results.

Tools

The broker has a range of trading tools and calculators to help you get your trade on.

Pip Value Calculator

This exclusive Eurotrader trading tool will help you find the value per pip in the base currency of your choice. Calculating the value per percentage in point (pip) is a must for your risk management strategy. Just fill in the deposit currency, the pip amount, the currency pair you are trading and the trade size (lots) and find out the pip value.

Margin Calculator

This exclusive Eurotrader trading tool will help you find the minimum amount required to open and maintain a new position. Calculating the margin right on the money is a must for your money management strategy. Just fill in the deposit currency, the currency pair you are trading, the trade size (lots) and the leverage and find out the required margin.

Profit & Loss Calculator

This exclusive Eurotrader trading tool will help you deciding which stop-loss and/or take-profit prices to set before activating the respective order. Placing stop-loss and take-profit orders is a key element of your trading strategy. Just fill out the information, choose whether you’re going long (buying) or short (selling) and hit calculate.

Currency Converter

This tool enables you to calculate the foreign exchange rates of popular foreign currencies. Just select the currencies you’d like to convert to and from, enter the desired amount and hit calculate.

Risk Calculator

Manage risk effectively by calculating your trade lots, e.g. the right position size. Find out how many units you have to buy or sell to minimise the risk gap. Just set your deposit currency, the currency pair you are trading, your account balance, the percentage of your account that you want to risk and the stop loss.

Economic Calendar

The Economic Calendar is a highly useful trading tool that everyone should have in their trading toolkit. With it, you can track economic events and stay up to date with the latest market events, updates and data releases affecting the financial markets.

Crypto Calendar

The Crypto Calendar is an essential for your trading arsenal. Use the calendar to keep an eye on cryptocurrency listings, updates and other events that’ll help you shape your crypto decision-making.

Education

The broker has a good selection of learning resources to help educate beginners. This shows that they care about the success of their client base and want to ensure informed trading is taking place.

Being more than a trading platform, they are dedicated to building a community too, where everyone can share their experiences and learn to trade better. The broker is constantly offering insightful teaching resources and expert knowledge to help nurture new members whilst continuing to empower the more experienced traders.

Eurotrader Academy

The Eurotrader academy has a great selection of eBooks and video tutorials to help clients improve their trading skills and knowledge. Check out the latest tutorials on Eurotrader Academy and see how you can put the helpful trading tips to work.

Platforms Tutorials

Run through the platforms, watch the video tutorials and discover how to use MetaTrader 4 and MetaTrader 5 in order to be on top of your trading game.

Trading Guides

There are some handy trading guides for beginners on the brokers website that cover subjects such as:

• FOREX 101: A Beginner’s Guide
• Learn the Ropes of Stock Trading
• An Intro to Crypto Trading
• Indices Trading Explained
• Commodities Trading Inside Out

Conclusion

Eurotrader is a fully regulated broker that offers hundreds of financial instruments for trading online via the intuitive and advanced MetaTrader platforms. You can choose to trade CFDs on FX currency pairs, company stocks, indices, commodities such as precious metals and energies along with cryptos including Bitcoin and Ethereum.

The broker offers multiple account types to cater for different client needs and also provide financial news to help you keep in touch with the markets along with a range of useful trading tools to assist in detailed market analysis and trade preparation. You can trade confidently with competitive trading conditions and margins in every market.

Eurotrader have a seamless account opening process without any complicated procedures. It takes about 1 minute to complete the registration form. You then upload verification documents and wait to be verified. Once verified you will be able to deposit to your live account and start trading.

The brokers global customer service desk and local currency payment systems make deposits and withdrawals easy while keeping admin to a minimum. They are standing by every trading minute of every trading day to help you as and when needed.