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

The most distinct feature of eToro is probably ‘CopyTrader’. This allows you to sort through other users and clearly see their trading history, consisting of just how much they have actually made or lost over any given duration. If you discover someone you like the look of, you can assign some funds to automatically copy their trades.

Another huge plus is the ‘Popular financiers’ program. This rewards users based upon how many copiers they have in the form 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 functions, you’ll certainly find out a great deal fairly quickly! Most of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. Etoro How Do I Alter My Automatic Stop Loss On

Relax at the start and ensure you understand what you’re doing before investing bigger quantities of money. Trading on eToro can be really rewarding however it’s important to note that, whenever you’re handling the markets, you can lose money too (” your capital is at risk”)!