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Apart from being a the world’s largest social investment network, the eToro platform and website are also the best and most reliable resource online for free Forex charts, indicators, signals and lessons. Even without a real money account any trader can access the eToro OpenBook social trading platform for free and use our WebTrader to check free forex technical analysis charts and indicators, not to mention test out your strategies and systems in demo mode.
Here are a few tips on how to utilize eToro’s free Forex resources to your advantage.
Accessing the WebTrader is the best way to gain access to a lot of useful free information. While you can utilize the WebTrader’s demo mode for training, you can also open it every time you want to check technical charts, weekly and daily FX news and events, and other trend indicators. While eToro does not provide traders with an automated Forex trading robot, the eToro OpenBook enables you to dedicate a portion of your account to copy other top performing traders automatically. This means that you get all the benefits of automated information without handing over the control over your money to an autopilot program. AI bots and auto-traders may sound like a tempting idea but traders are usually better off maintaining their control over their money.
Aside from information about the eToro software and investment network, our website contains a lot of useful FX information for the benefit of our traders’ education. These include a comprehensive Forex Education Center – The eToropedia - for beginners and advanced traders a like. To learn more about the various eToro trading platforms and apps, you can use the brand new Platforms Guide. And if you still can’t tell a scalper from a day trader, micro lots from mini lots, and Forex dealers from introducing brokers, we highly recommend that you check out the free FX glossary also available on our website. Remember, becoming a profiting trader is no miracle – all it takes is a good education and some hard work.
As a trader you require constant access to up to date market news and expert analysis. The eToro blog provides you with all that and then some, for free. Our blog writers are top Forex advisers who bring you daily commentary about all the hot movers and shaker in the financial markets. Our advisers bring you a full picture of not just the Forex market but also the global economies that influence currency movement, making it easier for you to make those hard trading decisions.