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The platform and the broader 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 probably ‘CopyTrader’. This enables you to arrange through other users and clearly see their trading history, including just how much they have made or lost over any given duration. If you find someone you like the look of, you can assign some funds to automatically copy their trades.

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

With the social and copying features, you’ll certainly find out a fantastic offer reasonably quickly! Most of the need-to-knows you’ll get by reading this guide or playing with a demo account. How To Cancel An Order On Etoro

Relax at the start and make certain you understand what you’re doing before investing larger quantities of money. Trading on eToro can be really profitable however it is essential to note that, whenever you’re handling the markets, you can lose money too (” your capital is at threat”)!