Table of Contents
iToroStocks Main Features
iToroStocks stands out among online trading platforms for targeting less experienced investors and traders. The broker provides additional features to help beginners in their online investment and trading journeys. Here are some of the main features of the platform.
Simple Trading Platform
iToroStocks offers one of the simplest trading platforms in the market. And this is specifically for helping less experienced investors and traders to learn and start trading smoothly. Apart from using straightforward language with little investment/trading jargon, the platform also provides simple explanations that are easy to grasp and follow.
Novice investors and traders lack the knowledge, exposure, and skills of experienced investors and traders. Therefore, they may experience difficulties using trading platforms that are more advanced and target professional investors and traders. In this regard, iToroStocks is a fantastic trading platform to start learning and practicing online trading.
Low Cost
iToroStocks is a low-cost broker providing a very affordable investment and trading platform. Apart from letting users open accounts freely, having no minimum account requirements, and having a low initial deposit amount, the platform also does not charge fees for EFTs and stock trading. Also, it does not charge fees for withdrawals and does not impose any fees for account inactivity. All these are convenient for beginners who may not have enough money to start trading.
Various Investment Products
iToroStocks also offers various investment assets and products. And this is important to expose novice investors and traders to the wide range of investment instruments and products available. Among the investment products available on the platform include;
- Forex – supports multiple foreign currencies
- Stocks – features stocks of various companies, both local and international
- EFTs – this broker supports exchange-traded funds
- Crypto – supports numerous cryptocurrencies, including Bitcoin, Binance, and Ethereum
Amazing Customer Support
iToroStocks provides fantastic customer support through direct chats, telephone calls, and email. When you raise an issue through any of these channels, the customer support staff gets back to you immediately. And this is particularly important for novices with many queries and difficulties using the platform.
Reliability
iToroStocks is a reliable broker. Reliability is the measure of dependability and trustworthiness. All these are essential points to consider in online trading, especially when you are just beginning. With this broker, you don’t have to worry about losing because they are reliable. Customer reviews have shown this, and our experience proved the same.
iToroStocks Pros and Cons
Like any other broker, iToroStocks also has positive and negative attributes. The main pros and cons are in the table below.
Pros | Cons |
Simple and Easy to Use | The mobile app is not fully developed |
Very affordable trading platform | |
Supports multiple investment assets | |
Has diverse trading platforms | |
Amazing customer support |
Trading Platforms
iToroStocks has web-based and mobile-based trading platforms. The web-based platform is the primary venue, and it emerged before the mobile-based platform. As such, it is more developed. Among the noticeable features of the web-based platform are its user-friendly interface, simplicity, extensive FAQs, and educational material support.
The mobile-based platform is a mobile app that you can get free from any app store you prefer. While still in the development and trial stages, it functions well with no significant problems. It does not lag when used, ensuring a smooth trading experience.
How to Use iToroStocks
Using iToroStocks is simple. First, you sign up for an account by providing a few personal details like your name, address, email, and telephone number. And this takes less than five minutes. Second, you deposit some funds into your account. Unlike most rivals, there’s no minimum deposit amount here. So you can deposit any amount you have or wish. Finally, with funds in your account, you can start trading directly or can undertake some free lessons first.
Final Observation about iToroStocks
iToroStocks is a beautiful place to start for novice traders and investors. The platform provides valuable educational materials and support for newbies who may struggle to trade or invest. We highly recommend it to those just starting their online trading careers. Nevertheless, you can contact this broker before signing up for more information.
Disclaimer: This is a sponsored marketing content.