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The platform and the wider phenomenon of social investing have been widely covered by mainstream media, including a current BBC documentary called Traders: Millions by the Minute.

The most unique feature of eToro is probably ‘CopyTrader’. This allows you to sort through other users and plainly see their trading history, consisting of just how much they have made or lost over any given period. You can designate some funds to automatically copy their trades if you discover somebody you like the appearance of.

Another big plus is the ‘Popular investors’ program. This rewards users based upon the number of photo copiers they have in the kind of monthly commission. The program likewise incentivises accountable trading, and we’ll discuss this in more depth towards the end of the guide.

So with the social and copying features, you’ll definitely learn a good deal relatively rapidly! Most of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. Cancel A Pending Transaction On Etoro

Take it easy at the start and make sure you know what you’re doing before investing bigger quantities of cash. Trading on eToro can be extremely rewarding but it is essential to keep in mind that, whenever you’re dealing with the markets, you can lose money too (” your capital is at threat”)!