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

The most distinct function of eToro is probably ‘CopyTrader’. This permits you to arrange through other users and clearly see their trading history, including just how much they have actually made or lost over any given duration. If you find someone you like the look of, you can allocate some funds to instantly copy their trades.

Another big plus is the ‘Popular investors’ program. This rewards users based upon how many photo copiers they have in the form of monthly 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 discover a fantastic offer fairly quickly! Most of the need-to-knows you’ll get by playing or reading this guide with a demo account. How To Transfer Gatehub To Etoro

Take it easy at the start and ensure you know what you’re doing prior to investing bigger amounts of money. Trading on eToro can be very lucrative however it is necessary to keep in mind that, whenever you’re dealing with the markets, you can lose money too (” your capital is at risk”)!