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For total novices the eToro platform …Etoro Api Read Only…and the idea of trading itself can be a little intimidating initially. So with the benefit of hindsight and my own individual trading experience on eToro, I wished to put together an extensive no-nonsense guide to help others get the best results as rapidly as possible. And here it is …

eToro would describe themselves as an accessible trading platform that incorporates a social component into investing. I ‘d describe them as Facebook for trading. They first went live in 2006, and are now the world’s largest investment network with a community of 4.5 million users.

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

The most special feature 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 actually made or lost over any given duration. You can allocate some funds to automatically copy their trades if you find somebody you like the appearance of.

Another huge plus is the ‘Popular investors’ program. This rewards users based upon the number of photo copiers they have in the form of month-to-month commission. The program likewise 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 certainly learn a great deal reasonably quickly! The majority of the need-to-knows you’ll pick up by reading this guide or playing with a demonstration account. Etoro Api Read Only

Take it easy at the start and make certain you know what you’re doing before investing bigger quantities of money. Trading on eToro can be extremely successful but it is essential to note that, whenever you’re handling the markets, you can lose money too (” your capital is at risk”)!