The New Trend Attracting Innovative Traders

History of eToroX

When the innovative idea materialized into a useable concept, it began as RetailFX and was initially found in Tel Aviv, Israel. The idea was brought into fruition by two brothers who then set up offices all around the globe, including Tel Aviv, UK, Cyprus, Australia and even China.

Established in Gibraltar, one of the most renowned licensing countries in the world, the trading company has been granted the Distributed Ledger Technology (DLT) necessary to trade in cryptocurrencies. Legitimate trading companies need DLT to deliver accurate and precise trading information. This license agreement is distributed by the GFSC, the Gibraltar Financial Services Commission, one of the leading licensing services in the world.

Accepted eToroX Trading Currencies

Having only been recently developed, one would think eToroX doesn’t offer a whole selection of accepted currencies, but contrary to their recent developments, the brand offers over 71 acceptable currencies, including:

• Bitcoin
• Ethereum
• Bitcoin Cash
• Litecoin
• Stellar
• Ripple

In addition to crypto-assets, there are several accepted fiat (cash) currencies, including USD and Forex. eToroX also offers several tokenized assets and was one of the first of the few to introduce the trading of gold and silver. The newest addition stands out and attracts many traders with a unique and keen eye for profiting on investments.

How to Open an Account

If you want to create an account to expand your investment opportunities, eToroX provides a simple way of doing so. All that is required is an email address and password, and then the mandatory verification process referred to as ‘KYC’ (Know Your Customer). This aids in the system understanding the attracted user and how to target more users with common trading preferences.

Another means of registration, tailored for already existing eToro members, requires only existing eToro credentials.

The Long Term Goal

The company aims to offer its services to more digitally inclined traders offering a number of features, and has created one of the most dynamic trading platforms.

The Security

Being platformed and showcased as a web-based company, security is naturally an important issue. eToroX uses a two-way authentication protocol, an identifying system used to prove who the user is and validate the online session. In addition to the incredibly safe and secure means of transferring data, there is an encryption technology that prevents any fraudulent activity and surveillance. If that still isn’t comforting enough, there is military-grade protection service ensuring users of safety and security.

The Trading Options

There are 71 pairing options, 18digital currencies, digital asset commodities and a legitimized fee system which ranges from as little as 0.03% for market makers and 0.12% for the market takers.

Customer Support

One of the biggest advantages of trading using eToroX is the structured and expert team of customer support professionals. Any issues will be addressed and there are numerous ways to contact them as listed below:

• [email protected]
• Twitter
• Facebook
• Exchange FAQ – Help
• Glossary
• Blockchain Academy

Not only does the ‘Help’ section aid in helping users determine how to trade, but it also gives a more descriptive understanding of blockchain technology.

User Interface

While the user interface has been as expertly executed as its comprehensive nature, users may find its clean and sleek look even more appealing. Navigate your way through each page for an accurate and decisive investment, created for each specific need of all eToroX users.

For those familiar with Tradingview API, the charts have been based on the design, giving the platform a familiar feel. For those familiar with crypto trading, the charts are easily decipherable. For the newer trader, the UI is clear, encouraging user to reach new heights and explore trading options. 

Deposits and Withdrawals

There are no fees required to make a deposit at ToroX, although there are when making a withdrawal. These fees are necessary to cover banking costs and are stipulated on the site for a more comprehensive understanding when opting for a payout method.

Conclusion

eToroX is far ahead of its time, delivering one of the most outstanding and innovative services for digitally inclined traders. The safe and secure trading company is authentically licensed and serves the multipurpose functionality of creating profits for adapted users.

For more information, please visit eToroX.

Wallet and Exchange services provided by eToro X Limited ('eToro X'), a limited liability company incorporated in Gibraltar with company number 116348 and with its registered office at 57/63 Line Wall Road, Gibraltar. eToro X is a regulated DLT provider licensed by the Gibraltar Financial Services Commission under the Investments and Financial Fiduciary Services Act with license number FSC1333B.