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The platform and the wider 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 probably ‘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. If you discover somebody you like the look of, you can assign some funds to automatically copy their trades.

Another big plus is the ‘Popular investors’ program. This rewards users based upon how many copiers they have in the kind of monthly commission. The program also incentivises responsible trading, and we’ll discuss this in more depth towards the end of the guide.

So with the social and copying functions, you’ll definitely find out a good deal fairly rapidly! Most of the need-to-knows you’ll get by playing or reading this guide with a demo account. Xano Etoro

Relax at the start and make sure you understand what you’re doing prior to investing bigger quantities of cash. Trading on eToro can be extremely profitable but it is essential to keep in mind that, whenever you’re dealing with the markets, you can lose cash too (” your capital is at threat”)!