Eurotrader Review – What to expect from the broker

Eurotrader is a Forex and CFD Broker that features on its trading platform CFDs on Shares, Indices, Forex, Commodities and Cryptocurrencies. Eurotrader is a subsidiary company of Eurotrade Investments RGB Ltd, a corporation that is regulated and overseen in Cyprus by the CySEC. The minimum spread is for EUR/USD 1.5 pips*, real trading is possible with the minimum deposit of $250. The Eurotrader website is available in English, Spanish, Portuguese, French and even Persian.

What do we cover in our Eurotrader Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.Eurotrader.com
  • Leverage: up to 1:30
  • Instruments: CFDs on Shares, Indices, Forex, Commodities and Cryptocurrencies
  • Minimum deposit: $250 (EUR, USD, GBP)
  • Demo account: Yes, free of charge
  • Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Credit and debit cards (Visa/MasterCard), Bitcoin

Eurotrader Trading Platform

For FX and CFD trading, Eurotrader offers MT4. A popular platform that traders use not for executing trades but also for analyzing financial markets and automated trading. MT4 can be accessed via just a web browser or a mobile application or can be downloaded to any computer. The broker promises to its users’ ultra-fast Execution that should be provided by one of the best market liquidity providers.

Eurotrader Spreads

As any other CFD broker, Eurotrader charges a spread fee. For the most current spread charges, please visit the Eurotrader.com website. Here is a spread comparison table that contrasts Eurotrader spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
Eurotrader* 1.5 1.4 1.8 1.6
Plus500** 0.6 0.7 1.1 0.6
IQOption** 3.7 4.4 8.8 5.3

*Average spreads recorded on 14.06.2019 at 14:45 GMT, data were scanned from the website of the broker for the forex regular account. **Spreads recorded on 31.05.2019 at 8:23 GMT from the trading platform of the broker.

To sum up the Eurotrader Review

Eurotrader is licensed by the CySEC (license no. 344/17). The broker offers decent spreads and a popular trading platform – MT4. The amount of available CFDs is not particularly attractive, especially when we look at the number of tradable cryptocurrencies.

Eurotrader Review – What to expect from the broker
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Michael

Hi, I'm Michael and my area of expertise is forex and cryptocurrency trading. I specialize in technical analysis, namely in chart pattern setups. I educate traders of all levels and I believe that prerequisite to successful active trading is always knowing risks of the game. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications. I do not give investment advice, but for general inquiries please use the comment section under any article.
Michael

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