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

The most unique function of eToro is most likely ‘CopyTrader’. This enables you to sort through other users and plainly see their trading history, including just how much they have made or lost over any given duration. You can allocate some funds to automatically copy their trades if you discover someone you like the appearance of.

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

So with the social and copying functions, you’ll definitely discover a great deal relatively rapidly! Most of the need-to-knows you’ll pick up by playing or reading this guide with a demonstration account. Gate Io Vs Etoro

Take it easy at the start and make sure you know what you’re doing before investing bigger amounts of cash. Trading on eToro can be really lucrative but it’s important to keep in mind that, whenever you’re dealing with the marketplaces, you can lose money too (” your capital is at threat”)!