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The platform and the broader 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 function of eToro is probably ‘CopyTrader’. This allows you to sort 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 appearance of, you can allocate some funds to immediately copy their trades.

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

With the social and copying functions, you’ll certainly learn a fantastic deal fairly quickly! Most of the need-to-knows you’ll pick up by playing or reading this guide with a demo account. Is Etoro Halal

Take it easy at the start and ensure you understand what you’re doing prior to investing bigger quantities of cash. Trading on eToro can be extremely profitable however it is very important to note that, whenever you’re handling the marketplaces, you can lose cash too (” your capital is at threat”)!