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For overall newbies the eToro platform and the idea of trading itself can be a little daunting at. With the benefit of hindsight and my own personal trading experience on eToro, I wanted to put together an extensive no-nonsense guide to assist others get the best results as rapidly as possible.

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 enables you to sort through other users and clearly see their trading history, including how much they have made or lost over any given duration. You can allocate some funds to immediately copy their trades if you discover somebody you like the look of.

Another huge plus is the ‘Popular investors’ program. This rewards users based on the number of copiers they have in the form of monthly commission. The program likewise incentivises responsible trading, and we’ll discuss this in more depth towards completion of the guide.

With the social and copying features, you’ll certainly discover a great deal reasonably quickly! The majority of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. Etoro Blocked Countries

Take it easy at the start and make certain you understand what you’re doing before investing larger amounts of money. Trading on eToro can be extremely profitable however it is necessary to note that, whenever you’re dealing with the markets, you can lose cash too (” your capital is at risk”)!