For overall beginners the eToro platform …Download Historical Data From Etoro…and the principle of trading itself can be a little daunting in the beginning. So with the advantage of hindsight and my own personal trading experience on eToro, I wished to create a detailed no-nonsense guide to help others get the best results as quickly as possible. And here it is …
eToro would describe themselves as an accessible trading platform that integrates a social aspect into investing. I ‘d describe them as Facebook for trading. They initially went live in 2006, and are now the world’s largest investment network with a neighborhood of 4.5 million users.
The platform and the larger 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 most likely ‘CopyTrader’. This allows you to sort through other users and clearly see their trading history, including just how much they have actually made or lost over any given period. If you find somebody you like the appearance of, you can designate some funds to instantly copy their trades.
Another huge plus is the ‘Popular financiers’ program. This rewards users based on how many copiers they have in the kind of month-to-month commission. The program also incentivises accountable trading, and we’ll discuss this in more depth towards completion of the guide.
With the social and copying functions, you’ll definitely discover a great offer reasonably quickly! Most of the need-to-knows you’ll get by playing or reading this guide with a demo account. Download Historical Data From Etoro
Take it easy at the start and make certain you know what you’re doing prior to investing bigger quantities of money. Trading on eToro can be very lucrative but it is essential to note that, whenever you’re dealing with the markets, you can lose cash too (” your capital is at risk”)!