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

The most unique feature of eToro is most likely ‘CopyTrader’. This enables you to sort through other users and clearly see their trading history, consisting of just how much they have made or lost over any given period. If you find someone you like the appearance of, you can allocate some funds to automatically copy their trades.

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

With the social and copying functions, you’ll definitely discover a terrific deal fairly quickly! The majority of the need-to-knows you’ll pick up by playing or reading this guide with a demo account. Etoro Why Is My Equity Going Down

Take it easy at the start and ensure you understand what you’re doing prior to investing larger quantities of cash. Trading on eToro can be extremely rewarding but it is essential to keep in mind that, whenever you’re handling the markets, you can lose cash too (” your capital is at risk”)!