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

The most special feature of eToro is most likely ‘CopyTrader’. This enables you to sort through other users and plainly see their trading history, including 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 big plus is the ‘Popular financiers’ program. This rewards users based upon the number of copiers they have in the kind of monthly commission. The program likewise incentivises responsible trading, and we’ll discuss this in more depth towards the end of the guide.

So with the social and copying functions, you’ll definitely learn a lot reasonably rapidly! The majority of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. How To Find The Atr Indicator In Etoro

Take it easy at the start and ensure you understand what you’re doing before investing bigger amounts of cash. Trading on eToro can be really rewarding however 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”)!