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

The most unique function of eToro is most likely ‘CopyTrader’. This allows you to sort through other users and clearly see their trading history, consisting of just how much they have actually made or lost over any given period. You can assign some funds to immediately copy their trades if you discover somebody you like the look of.

Another huge plus is the ‘Popular financiers’ program. This rewards users based on how many photo copiers they have in the kind of regular monthly 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 definitely find out a terrific offer reasonably rapidly! The majority of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. Tipranks Etoro

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