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

Another big plus is the ‘Popular investors’ program. This rewards users based on how many copiers they have in the type of month-to-month commission. The program also incentivises responsible trading, and we’ll discuss this in more depth towards completion of the guide.

So with the social and copying functions, you’ll definitely discover a great deal reasonably quickly! The majority of the need-to-knows you’ll pick up by playing or reading this guide with a demonstration account. List Of Banks That Ban Etoro

Relax at the start and ensure you know what you’re doing prior to investing bigger quantities of cash. Trading on eToro can be extremely successful but it’s important to note that, whenever you’re handling the markets, you can lose cash too (” your capital is at threat”)!