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

The most unique function of eToro is most likely ‘CopyTrader’. This enables you to arrange through other users and plainly see their trading history, including how much they have made or lost over any given period. You can assign some funds to instantly copy their trades if you discover someone you like the appearance of.

Another big plus is the ‘Popular financiers’ program. This rewards users based on how many copiers they have in the form of regular monthly 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 learn a good deal reasonably rapidly! The majority of the need-to-knows you’ll pick up by reading this guide or playing with a demonstration account. Who Is The Model In The Etoro Ad

Relax at the start and ensure you understand what you’re doing before investing bigger amounts of money. Trading on eToro can be really lucrative but it is very important to keep in mind that, whenever you’re dealing with the markets, you can lose money too (” your capital is at risk”)!