For overall newbies the eToro platform and the principle of trading itself can be a little daunting at. With the benefit of hindsight and my own individual trading experience on eToro, I wanted to put together a comprehensive no-nonsense guide to help others get the best results as quickly as possible.
The platform and the wider phenomenon of social investing have been widely 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 permits you to sort through other users and plainly see their trading history, including how much they have actually made or lost over any given period. You can designate some funds to immediately copy their trades if you find someone you like the look of.
Another huge plus is the ‘Popular investors’ program. This rewards users based upon how many photo copiers they have in the type of monthly commission. The program also incentivises accountable trading, and we’ll discuss this in more depth towards the end of the guide.
With the social and copying features, 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 demo account. Ben Shapiro Etoro Promo Code
Take it easy at the start and make sure you understand what you’re doing before investing bigger amounts of cash. Trading on eToro can be very successful but it is essential to keep in mind that, whenever you’re handling the markets, you can lose cash too (” your capital is at risk”)!