No-nonsense guide to assist…Liam Davies Etoro… others get the best results as quickly as possible.}
The platform and the wider phenomenon of social investing have 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 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 discover someone you like the appearance of, you can designate some funds to automatically copy their trades.
Another huge plus is the ‘Popular investors’ program. This rewards users based upon the number of copiers they have in the type of month-to-month commission. The program also incentivises accountable trading, and we’ll discuss this in more depth towards the end of the guide.
So with the social and copying features, you’ll certainly learn a good deal fairly quickly! The majority of the need-to-knows you’ll pick up by reading this guide or playing with a demonstration account. Liam Davies Etoro
Relax at the start and make sure you understand what you’re doing prior to investing bigger amounts of cash. Trading on eToro can be extremely successful but it is necessary to keep in mind that, whenever you’re handling the markets, you can lose cash too (” your capital is at risk”)!