Eiro-Group Review – Is Eiro-Group a Smart Option?
Eiro-Group Review
Are you in search of ways to make money? You are certainly not alone, as there are many people who are searching for different methods to increase their income in order to meet the rising expenses. The problem is that most of the opportunities out there can only promise limited returns and that too after a long period of time. This can be very disappointing, but luckily, there are some other avenues you can explore if you want to make some quick returns with minimal investment. The financial markets are brimming with opportunities and everyone, despite their risk appetite, can find something that can give them their desired returns.
People have been trading in the financial markets for decades; there are thousands of instruments that can be bought and sold for profits and there are many people out there who have made their fortunes in this space. As a matter of fact, some of the world’s richest people accumulated their wealth through the stock and forex markets. While these markets have their fair share of risks, they also promise solid returns and this has made them very attractive for traders. Nowadays, venturing into the financial markets has become quite simple and this is all because of online trading.
There was a time when you couldn’t have imagined trading from the comfort of your home, yet it is a reality today and people are making millions without having to go anywhere. These markets are open to anyone who is ready to invest some money and dedicate a little bit of their time. You don’t have to meet any prerequisites for trading because you just need to find an online broker to begin. They provide you with the trading platform, features, tools and services that are integral to the trading process and can help you achieve your goals.
In the last decade alone, the number of companies offering their trading services has increased twofold and this is due to the popularity of this activity. A Google search will provide you with a bunch of options to explore, but this can often be overwhelming. There is one thing to have a few companies, but there are hundreds of names to consider, which can be quite confusing. Eiro-Group is one of these brokerages that you will find, which is based in St. Vincent and the Grenadines, and was founded in 2020 by Dexmont Holdings Ltd.
Nonetheless, it should be noted that not all of the brokers out there are reliable and can offer you the same quality of services. You have to weigh in their features and offerings in order to determine if they are a smart choice for you or not. This also applies to Eiro-Group. Check out some of its prominent aspects below before making a decision:
Broker | Eiro-Group |
Website | https://www.eiro-group.com/ |
Trading Accounts | 6 Account Types; Basic, Silver, Gold, Platinum, Diamond and Millioner Club |
Minimum Deposit | €500 |
Assets Coverage | Shares, Forex, Commodities, Indices and CFDs (Contract for Difference) |
Trading Tools | Trading Indicators, Trends, Live Charts, Technical Analysis Tools and Price Alerts |
Education and Training | Yes; , Glossary, e-books, online video courses, webinars, tutorials and expert sessions |
Customer Support | 24/5 through callback, email and phone number |
Security Policy | KYC (Know Your Customer) and AML (Anti-Money Laundering) |
Parent Company | Dexmont Holdings Ltd. |
Eiro-Group’s Trading Platform
The primary reason why brokers are essential to the online trading process is because of the trading platform they provide. This refers to the software used for connecting to the financial markets and for executing trades. Your trading experience is greatly dependent on this platform because it is what you will use for performing most of the trading activities. If the platform is too complex to use, is too slow or has security issues, it can result in difficulty in trading. The platform provided by brokers varies, so it is necessary to take a look at it before you finalize a company.
When it comes to Eiro-Group, you will discover that they have developed a web trading platform for their clients. The biggest advantage of this kind of platform is that it is accessible through their website, which means you don’t need to download it anywhere. This is undoubtedly convenient for traders because it gives them room to use it on any device supporting a web browser, so they can trade from their home, office, or even trade on the go via their mobile devices. Innovative and powerful technology has been used by Eiro-Group for the platform and it is easy to navigate.
The highly intuitive user interface makes it easy to use for every trader, whether you are just starting out or have used a platform before. In addition, Eiro-Group has integrated some of the most sophisticated trading tools on the platform to make it useful for their clients. You will come across advanced charts that provide you with the latest updates, trading signals and indicators, along with the latest trends, which can help in making important decisions. Technical and fundamental analysis tools are also available and market news is provided to users, along with price updates.
You can enjoy instant trade execution and see the results reflected in real-time. You don’t have to worry about upgrading the platform and Eiro-Group has used proper encryption for keeping the platform secure. One-click trading is also available for the ease of traders.
Eiro-Group’s Trading Products
When you are done checking out the trading platform provided by the broker, the next step should be to consider what trading products you will be able to trade. This question is important if you have a particular product in mind or you want to have maximum variety in order to enjoy diversification. Regardless of what your priority is, you will be pleased to discover that Eiro-Group is capable of fulfilling the requirements. This is because they have added more than 1,000 trading products to their offerings belonging to different financial markets, thereby ensuring that everyone can find something to trade.
You can explore as many products as you like and some of the top markets at your disposal include:
Indices
If you are someone who looks at the big picture and wants some lucrative trading opportunities, the indices market can be the perfect fit. It involves trading a basket of stocks together from different industries, which can provide excellent returns to traders. Some of the top indices that Eiro-Group has added to their offerings include FTSE 100, NASDAQ, Dow Jones, S&P 500 and Nikkei 225.
Stocks
If you prefer trading individual stocks rather than a bunch of them, the stock market is straight up your alley. Millions of people all over the world have made their fortunes in this market by buying and selling stocks of some of the most renowned companies in the world. Amazon, Google, Microsoft, Apple, Netflix, Tesla, Starbucks, Facebook and Nike are some of the options you can try.
Forex
One of the well-recognized markets in the world is none other than the foreign exchange market. There are thousands of currency pairs that can be traded in this market and can provide substantial returns. You can find major, minor and exotic currency pairs, such as EUR/USD, USD/JPY, USD/CAD, GBP/USD, AUD/NZD and USD/RUB.
Commodities
One of the safest instrument categories that you will come across on Eiro-Group is that of commodities. There are different types of commodities that can be found, which include soft ones and hard ones. The former typically includes agricultural products like wheat, coffee, sugar, soybeans, sugar and cotton and livestock like pork bellies, feeder cattle and live cattle. The latter comprises of precious metals like gold, silver, copper and platinum and energies like natural gas and crude oil.
Eiro-Group’s Account Plans
In order to use any broker’s services, traders are required to open an account with the company. This involves going through a registration procedure and then checking out the different account plans provided. Several account plans are offered to traders and they are customized for a specific trading style and background. This is particularly true in the case of Eiro-Group, as the company is offering its services to traders of all levels. This means whether you are a newcomer, an intermediate trader, a seasoned one or a professional, they can provide appropriate services to you.
In order to accommodate these different types of traders, they have created six account plans. First, they ask traders to fill out a form on their website with basic information like their name, country, phone number, email address and password. After they have filled out the form, they can go over the account plans to select the one they believe will suit their needs. What are these plans? Read on to find out:
Plan 1: Basic
The first account plan that you will find is known as Basic and it needs a minimum deposit of €500. As it is designed for newcomers in the trading space, it comes with basic features like trading alerts, insurance and loyalty bonus of 10%, daily market review, an account manager for two weeks and trading signals once a day. The maximum investment you can make in this account is €9,999.
Plan 2: Silver
The second account plan that you will find on Eiro-Group is referred to as Silver and the minimum deposit needed for this one is €10,000. It is for beginner traders with a bit of experience, due to which it comes with advanced charts, a saving account and insurance and loyalty bonus of 20%. The maximum investment that can be made in this account is €99,999.
Plan 3: Gold
The next account plan that you will come across is better suited for intermediate traders and the minimum deposit that has to be made for opening it is €100,000. It comes with exclusive updates, signals twice a day, and a loyalty bonus and insurance level of 30%. The account manager is now available for an unlimited period of time and a group of analyst is also provided. The maximum investment to be made in this account is €249,000.
Plan 4: Platinum
The Platinum account option is created for advanced traders with experience under their belt. The minimum deposit they have to make is €250,000 and you receive trading signals three times a day. The insurance level and loyalty bonus is now increased to 60% and money management is also included in this account plan. The maximum amount you can invest here is €499,999.
Plan 5: Diamond
The account plan that Eiro-Group has developed for skilled and seasoned traders is called Diamond and they have to deposit a minimum of €500,000. The trading signals are now unlimited and insurance level and loyalty bonus are increased to 80%. The maximum amount you can invest in this account is €1,000,000.
Plan 6: Millioner Club
The last account plan that you will find here is called the Millioner Club and it is for professionals and VIPs. It offers all features offered by the broker. As far as the investment is concerned, traders start with €1,000,000 and can increase it as much as they like, giving them plenty of room to earn more.
Eiro-Group’s Additional Offerings
Trading is not just about the account features and trading platform. There are plenty of other offerings that are also needed and these include educational resources. Eiro-Group has put together some educational resources for their clients to help them in polishing their knowledge of the trading world. They can learn new strategies and tricks and eliminate their mistakes to make the most of their trading. Apart from that, they also provide 24/5 customer support to assist their clients when needed. Their support agents can be reached out via various channels, such as email or phone. They have also added tools that can be used for improving their trading outcomes and making the most of their trading.
Considering all of these features and offerings, it is apparent that Eiro-Group is a smart option for any trader looking to explore the opportunities that can be found in the financial markets.