Nothing is more important for the creation of a good forex trading service than the combination of platform and broker. A broker that demands high margin requirements paired with just a basic trading technology simply wouldnt appeal to any audience. And the same thing goes for a broker that wants its trading conditions to appeal to novice traders but complements them with a highly complicated trading platform. The key to resolving the issue is flexibility, and this is why eToroUSA and FXSOL have come up with one of the most competitive offerings around.
eToroUSA was born when the eToro trading platform, due to high demand, decided to extend the services of its award winning platform to the United States, and partnered with the reputable (and NFA regulated) U.S. based broker FXSOL. The eToro platform has gained global fame for bringing user friendliness to forex trading technology. The platform provides highly visual and educational interfaces for traders new to forex, which enable them to grasp the workings of the market more easily and intuitively, as well as more advanced interfaces that teach traders how to use advanced charts, tools and indicators. For all these reasons, the eToro technology makes the perfect demo platform in the eToroUSA offering. FXSOL on the other hand, offers novices competitive spreads, relatively low margin requirements (only $250 to open an account), and a wide range of leverages.
The real trading software in the eToroUSA package is provided by FXSOL, which brings forex traders not one, but four trading platforms to choose from, including a web platform, a mobile platform and professional charting software that enables you to trade directly from the charts. The 4 FXSOL platforms, together with the eToro demo platform, give every trader the flexibility that they require, as well as enabling novice traders to go through an educational curve and advance from one platform to the other. Furthermore, due to eToros focus on community and social trading, eToroUSA traders also get the benefit of participating in the eToro trading community via the chats, forums, and free to enter trading challenges available in the eToro platform.
This winning collaboration is the perfect example of how broker/software partnership should be formed and the criteria that these partnerships have to answer.