An old Latin aphorism says: "Scientia potentia est", meaning "Knowledge is power", and that's still true nowadays, especially when we're talking about financial markets.
Investing our capitals in the right way is essential if we want to reach financial success, and to do so we'll have to educate ourselves with the best information available on the net.
And that's when InvestinGoal.com comes to the rescue.
InvestinGoal History
InvestinGoal.com is a review aggregator specialized in the Forex industry and all major brokers available right now to operate in the financial sector.
Founded in 2014 thanks to the cross efforts of an Italian Trio of enthusiast traders, headed by the co-founder Filippo Ucchino, they started from the beginning to clear up the confusion of the net regarding the FX world, which was full of misleading info and general misinformation.
To fulfil this goal, they built-up a database capable of offering any info needed for every kind of trader, starting from entry-level newbies right to top investors.
And everything started from a small team that wanted to put all of their expertise in one place to help other fellow traders.
InvestinGoal Tools
InvestinGoal built an incredible database where they aggregate an impressive number of broker's reviews of any kind and market, while taking in consideration more than 250 analytic points and constantly crossing their score to search the perfect brokerage service for each of their readers.
This level of insight made possible to create some advanced tools which might came in handy for every kind of trader, including:
- Help Me Choose A Broker: this option will start a query to discover everything about the trader-in-need, in order to find out which one would be the best broker considering starting budget, entry-level and so on.
- Advanced Search: a straight-forward option which will allow most experienced traders to find the best brokers for their needs, searching key info such as regulation, leverage, spreads, markets and so on.
Whatever the choice, with InvestinGoal you can start a comparison between two or more brokers, and evaluate them through charts rather than just words, like a kind of infographic. Doing so, you'll be able to understand the strongest and weakest point of different brokers, especially when compared one to another.
Those are just a few examples of the magnificent work that the Italian Trio made with their website after only 7 years from its start, and why they are at the very top level on this very competitive sector.
Starting from the aforementioned concepts, we'll finish our article with a quick eToro review made using data gathered from the in-depth research on InvestinGoal.
eToro Review
Foundation's year of one of the most successful and renowned brokers of the World is 2007, when two Israeli brothers, grown in a banker's family, Yoni and Ronen Assia, decided to found RetailFX.
After a few years, in 2010 RetailFX turned in what we know today as eToro, and the two siblings released the famous eToro OpenBook Social Investment Platform, which already included many trademarks, starting from the Copy Trader tool.
But it was in 2010 that eToro released its eToro OpenBook social investment platform, which included its trademark option: the Copy Trader.
Since then, eToro registered more than 13 million traders subscribed to its platform.
eToro: Copy Trader
Renown has one of the best copy trading brokers available, there are many pros and cons to consider before starting to use such a tool.
PROs:
● Commision-Free trading available
● Low minimum deposit to start copying
● Reliable fixed payment from eToro if you are being copied from other traders
CONs:
● Minimum deposit to start being copied is $2,000
● Lack of advanced features for experienced traders
eToro Social Trading
Along with the Copy Trader tool, goes the notorious Social Trading concept which made eToro famous all over the world, pioneering the fusion of once two separate concepts: social networks and trading platforms.
Producing an easy to use and vibrant social trading environment, even as of today it continues to be the best in this sector, constantly evolving and adding interesting features to its offer.
PROs:
● Useful market and trading insight from top investors
● User-friendly social trading features easy to use since the start
CONs:
● Because of its very nature of being an open social platform, it may occur to receive opinions from non-expert traders
