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

The most unique feature of eToro is probably ‘CopyTrader’. This permits you to sort through other users and clearly see their trading history, including how much they have actually made or lost over any given period. If you find someone you like the look of, you can assign some funds to instantly copy their trades.

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

With the social and copying functions, you’ll definitely find out a great deal reasonably quickly! The majority of the need-to-knows you’ll pick up by reading this guide or playing with a demonstration account. Etoro Knowledge Assessment

Take it easy at the start and make sure you know what you’re doing prior to investing larger amounts of money. Trading on eToro can be very profitable but it’s important to keep in mind that, whenever you’re dealing with the markets, you can lose money too (” your capital is at danger”)!