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

The most special feature of eToro is probably ‘CopyTrader’. This allows you to arrange through other users and clearly see their trading history, including just how much they have made or lost over any given period. You can allocate some funds to immediately copy their trades if you discover someone you like the appearance of.

Another big plus is the ‘Popular financiers’ program. This rewards users based upon the number of copiers they have in the type of monthly commission. The program also incentivises responsible trading, and we’ll discuss this in more depth towards completion of the guide.

With the social and copying features, you’ll definitely find out an excellent offer fairly quickly! Most of the need-to-knows you’ll pick up by reading this guide or playing with a demonstration account. Etoro Is Etoro Legal In Singapore

Take it easy at the start and make certain you understand what you’re doing before investing larger amounts of cash. Trading on eToro can be very profitable however it is very important to note that, whenever you’re dealing with the markets, you can lose money too (” your capital is at threat”)!