eToro

"Forex trading has evolved. No more complex charts, painful platforms and daunting lingo.
eToro has created the first truly intuitive Forex trading platform." is what is written on the homepage of eToro so I went to try out their Forex trading platform to see just what they had to offer.

The beta version of eToro's platform has just been released and it only took a few minutes to sign up, install the sofware and open a Demo account.

eToro currently offers 4 Forex "Games" with which you can trade a number of currencies against each other. I have to say that the nature of the games makes it easy to see what is happening and as a relative newcomer to the Forex market I learned a lot just by trying them out.

I have tried several other Forex platforms but I have to say that the approach that eToro takes to Forex trading is innovative and I thoroughly enjoyed trying their product. It is early days of course but I look forward to seeing further developments.

Update 01/09/2007

eToro have launched the 'live' version of their Forex software and to celebrate they are holding a $10000 parallel championship, which basically means that you can play for free and win your share of $5000 in prizes or play for Real and win your share of another $5000 !

Update 01/11/2007

eToro have continued to improve their software and I have to say they listened to customers (including myself). Stop loss, take profit and leverage are now available. For those of you interested in real money trading, eToro is offering 2 pip spreads and a deposit Bonus.

Visit eToro Forex