Trade Online Using eToro in the Philippines 24/7 | EfPrime Financials

This blog will make you want to trade global markets now, 24/7. 

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Summary

In this blog, we will discuss the following: 

Who is eToro? 

Why should you venture into online trading? 

Key Features of eToro

How to Make Money in eToro?

Comparison between Col Financial vs eToro 

Practice with Virtual Portfolio 

Start Trading with eToro - Attend Free Webinar 

Conclusion 

Before I begin, let me suggest that you attend a free webinar on how to trade in the eToro scheduled every Wednesday and Saturday at 6PM. Register in this link: Click Here

Who is eToro? 

eToro is a social trading and multi-asset brokerage company that focuses on providing financial and copy trading services. It has registered offices in Cyprus, Israel, the United Kingdom, the United States, and Australia. In 2018, the company’s value was $800 million.1/ Read more

Why should you venture into online trading/ investing? 

Online trading/investing is one avenue to add food to the table for the family. Understanding how to trade is a very fruitful skill that can be learned. You need not have high education to learn this skill, you just need perseverance. 

Earning from this platform can either be an active income or passive income. Passive income in the sense that you are earning by way of holding your investment for a long period of time. You can also make this hobby an active source of income by targeting a certain income for the day i.e. $10-$2,000.00 depending on your skillset. 

If you are a conservative or risk-averse person, still, investing in this platform is still for you. Innovative brokerage firms now offer copy-trading, a platform where investors like you can copy the trades of people who are performing well in investing. It functions like a mutual fund where you put your money into diversified assets. 

Do not be mislead, if you do not have enough knowledge about these platforms, you will lose money from your wrong decisions. I suggest that you enhance your knowledge first by reading watching videos about online trading and of course, attend to our free training as a short cut. 

Key Features of eToro

24/7 Online Trading Platform 

Unlike other online trading platforms in the Philippines which allows you to trade only from 9:30-11:30Am and 1:30-3:30Pm on weekdays, eToro can provide you an earning platform 24/7. 

No Commission Trading 

Zero commission means that no broker fee will be charged when opening or closing the position and does not apply to short or leveraged positions

Trade Using Cellphone 

You can trade in your eToro account using your smartphones. You can trade anytime and everywhere, even while enjoying your king's throne dumping some jebs. 

Trade Global Stocks, Commodities, Currency, Cryptocurrency, ETFs and Indices 

Unlike the existing platforms that we use in the Philippines which you need several apps just to trade i.e. PDAX for cryptocurrency, Philstocks for stocks, Bonds.ph for government bonds among others, in eToro, you can trade all these assets using one application. 

I'll be writing a more detailed blog on the following asset types. You can trade the following with eToro: 

Global Stocks - Apple, Tesla, Walmart, Amazon, Google, Facebook

Currency - USD, AUD, EUR, CAD, JPY

Cryptocurrency - Bitcoin, ETH, MIOTA, XRP, EOS

ETFs - SPY, XLE, DIA, EWJ, EEM, EWZ

Indices- NSDQ100, SPX500, GER30, DJ30, UK100, HKG50

Copy Trading 

This is an innovative function of eToro. You can copy the trades of successful traders on the platform so that you can easily get income out of your investment. 

This function is like investing in mutual funds. Your investment in Copy Trade enjoys diversification. 

Virtual Trading Platform (For Practice Purposes)

With the eToro platform, you can enhance your trading skills by building your own diversified portfolio in your own virtual platform. This is free, even if you have not funded your account yet, you can build your virtual portfolio.  

How to Make Money in eToro?

To make money in eToro, you need to learn how to trade. Buying low price assets and then selling them at higher prices later on. The difference between the selling price and the buying price is your income. Improve your trading skills via this content: Nine Steps to Improve your Trading Skills

Comparison between Col Financial vs eToro

I have written a comprehensive report detailing the difference between Col Financial and eToro.

To give you an overview, the primary difference between the two online brokers is the following: use of leverage, investable assets, and copy trade function. Read the full article here:  Read Here

Practice with Virtual Portfolio 

The greater is your skill set, the more chances that you earn more income. Just practice with the use of the virtual portfolio function of eToro to sharpen your blade. This is free from eToro, you just need to sign up, there no need to deposit investment to access Virtual Portfolio. Check it out here.

Start Trading with eToro - Attend Free Webinar 

This is just to reiterate my invitation. If you are interested to start your trading account with eToro, attend a free webinar on how to trade in the eToro scheduled every Wednesday and Saturday at 6PM. Register in this link: Click Here

Conclusion

I am a satisfied user of eToro that is why I am recommending it to you as well. This platform works and delivers results. Having this platform can make you enjoy online trading anytime and anywhere. Don't hesitate to approach me in case you need my help. 

Again if you want to start trading with eToro, register to this link so you will be given $50.00 upon successfully funding your account with a minimum of PhP10,000.00 or $200.00. Just to reiterate, you need not fund your account to be able to access the Virtual Portfolio of eToro.  The virtual portfolio is free, you can enjoy trading by using it. 

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Disclaimer

The Author is advising readers to consult with your respective Financial Advisors before venturing in any investments. Investing your money is dependent on your goals and your risk tolerance. You should know the risks and rewards of investing before you actually do the same. The illustrations above are for educational purposes only and any risks or losses that you may incur are imputable to your respective decisions.

The author does not in any way provide a guaranty as to the effectiveness and quality of the products and services that are featured in this blog.  The products and services were advertised based on personal experience and product and service reviews that the product/service received. 

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Sources: 

1/ https://en.wikipedia.org/wiki/EToro