How committed are you to foreign exchange – a few hundred dollars kind of committed or more like in the thousands? While being an avid trader undeniably carries a great amount of risk, it does come with certain benefits as most of the larger brokers in the industry value and look to stimulate bigtime investors. This is exactly what Cyprus-based eToro, among the world's most renowned social trading providers, is trying to achieve with its newly upgraded Primium Investor package.
The package includes a number of exclusive perks with some of the more interesting ones being historical investment simulations and a special functionality for analyzing
'wisdom of the crowd'. Your social experience will also undergo a massive boost as you'll be granted access to private webinars and hangouts, business builder seminars as well as a closed Google+ community where you can meet other traders of your caliber. Etoro will also deliver a 24/5 access to a trading desk, customer service quality suited to your account size and regular trading portfolio analysis.
Getting involved is quite simple as long as one has the required funds. To become a Primium Investor at eToro, you'll be needing an account equity of at least $20,000, meaning current balance plus open transactions, including unrealized gain, losses and unprocessed withdrawals within a period of 12 months. Bear in mind that bonuses, virtual money, do not count towards the minimum equity requirement. Once you reach the necessary threshold, your account gets automatically upgraded and by responding to eToro's invitation, you'll be able to join the broker's Premium Club Network – a private community within the community, especially created to host traders like you.
A further benefit you'll be taking advantage of is your very own eToro MasterCard. This is where funds will be transferred each time you cashout. With the card, traders can then make purchases at any merchant or enterprise that accepts MasterCard as a payment method, or that is to say almost anywhere. Other brokers which offer branded credit cards are listed
here.
One more change eToro's putting into effect that is surely worth noting is the fact that Primium Investors will now receive a Gift Card with a credited bonus in it every time they make a deposit. This perk previously extended to just one deposit per month. Find below the table that describes the size of each Gift Card, determined by the amount you've decided to invest:
Be aware, though, that just as easily as you enter eToro's Premium Club Network, the broker can expel you from it if you fail to meet the minimum of $20,000 in equity. Membership is valid for one year after you join and in case you no longer qualify after this time period has elapsed, your account will be automatically downgraded.