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

The most distinct feature of eToro is most likely ‘CopyTrader’. This allows you to arrange through other users and clearly see their trading history, consisting of just how much they have actually made or lost over any given period. You can designate some funds to instantly copy their trades if you find somebody you like the look of.

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

So with the social and copying functions, you’ll certainly find out a great deal reasonably quickly! Most of the need-to-knows you’ll get by reading this guide or playing with a demo account. Etoro Vs Trading 212 Reddit

Take it easy at the start and ensure you understand what you’re doing prior to investing larger amounts of money. Trading on eToro can be extremely rewarding but it is essential to note that, whenever you’re handling the marketplaces, you can lose cash too (” your capital is at danger”)!