An eToro Forex Account
eToro makes it easier than ever to open a forex account and start trading forex. We provide the option of fully managed forex accounts with an initial investment of just $50 to enjoy no commission forex trading. This figure is so unheard of in the world of financial trading, that many have accused eToro of being a forex scam, just based on the low investments requirement. As you can easily tell, these allegations are clearly false, seeing as eToro has now become the number 1 forex trading platform online. As if that wasn't enough, eToro also runs constant promotions offering new customers great first deposit bonuses that can be yours once you've funded the account.
We also offer a VIP forex accounts system that gives traders various benefits according to the extent of their forex account and trading activity. This lucrative system gives you the opportunity of receiving periodical deposit and rebate bonuses, one on one trading sessions and entry into lucrative private trading challenges. Make sure that you check out the eToro forex accounts system before opening and funding your account.
The only thing easier than setting up a forex account at eToro, is setting up a free forex demo account at eToro. All you need to do is download the free platform, or go to the eToro online WebTrader and choose a username. Once you've done that you'll have full access to the demo platform where you can practice currency trading with virtual money and live forex rates. You will also be automatically entered into our demo trading challenge where you can win some great cash prizes with no entry fee.
When opening a forex account you should keep in mind that forex trading is a legitimate part of financial trading and as such all forex traders have to abide by capital gains tax laws. Neither eToro, nor any other forex provider can take responsibility for settling your taxes, so we recommend that you seek out accounting services once you open a forex account. Since forex trading is so widespread, you can find specialists in accounting for currency option trading practically everywhere around the world nowadays. The great thing is that since currency trading is done from home, you can get terrific tax deductions on various home based services and appliances, depending of course on your country of residence. In some cases you can even get a tax deduction on your rent, internet and electricity bills, so that eventually you can end up paying very little taxes if any.