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Getting Started with eToro

Getting Started with eToro

After you have downloaded our software and are logged in you will see five large icons which represent the various Forex games that eToro offers.

Forex MarathonForex Marathon

First of all select the currency you would like to buy: US Dollar, EUR, etc, (buying a currency means that you think its value will rise). Then you will be given a list of currencies you can compete against, from which you will have to select a currency. Select the amount and place the trade. You will be informed on how many currency pair units you are buying for the amount you placed and at what exchange rate.

Forex  TrendForex Trend

Predict whether you expect the US Dollar to rise or fall against the other currencies. Select ‘RISE’ if you think the US Dollar will increase in value against other currencies or select ‘FALL’ if you believe the US Dollar will decrease in value against other currencies. Select amount and place the trade.

Globe TraderGlobe Trader

You can select your currency pairs from the bottom of the screen. Select amount with which you want to trade and you will be notified on the amount of currency pairs and the rate for this trade. Click "Start Trade".

 Forex MatchForex Match

Your currency will compete in a rope pulling contest against another currency. Select currencies and the amount, and if you wish you can set the limit of the maximum amounts that you are willing to gain or lose. Forex Match enables traders to trade based on the principles of Technical analysis.

Trade Box: For advanced Traders Trade Box

The Trade Box arena disposes with the creative visualizations of the other arenas to present the most professional and flexible trading environment for more experienced traders. While it may be a little overwhelming for a novice trader, it is the arena of choice for the pros.

Here you can open multiple trades, view price movement charts, keep track of all the currencies’ live rates, trade more currency pairs and manage stop loss and take profit orders after the positions are opened.

Championship: Once you’ve joined eToro, you will be directed to the championship section. eToro holds periodic championships, and we encourage you to participate in them as there are many money-prizes to win.

Chat: When you click on the "Chat" tab, you will enter the chat section where you can chat with friends and fellow traders from around the world. You can chat with them privately or publicly.

Always Remember

  • You can return to the lobby even if you are in the middle of a trade. Simply click on “Lobby”.
  • You can always close your trade anytime you wish. To close a trade, simply click on "Close Trade". In the bottom center of the same page there is a box that will inform you of the exact amount of your profit.
  • Open trades will remain such until you decide to close them or until the end of the working week, when the market closes and consequently so will your trades.
  • You can open many trades simultaneously. To do so simply click on “Lobby”, and select your next trade.eToro Trading Log
  • Visit eToro Trading Log to find the details of your trading activity. The “Active Trades” tab informs you of your currently active trades where the "History" tab will inform you of all your previously conducted trades.

 

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Forex Articles

Trading in the Forex market can bring potential rewards, but can also be risky. You have to be aware of the risks and be willing to accept them in order to trade in the foreign exchange market.

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