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For overall newbies the eToro platform and the concept of trading itself can be a little daunting at. With the benefit of hindsight and my own personal trading experience on eToro, I desired to put together a detailed 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 extensively covered by mainstream media, including a current BBC documentary called Traders: Millions by the Minute.

The most special 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 actually made or lost over any given duration. 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 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 the end of the guide.

With the social and copying functions, you’ll certainly discover a fantastic offer fairly quickly! Most of the need-to-knows you’ll pick up by playing or reading this guide with a demo account. Etoro Club Birthday Gift

Take it easy at the start and ensure you understand what you’re doing prior to investing bigger quantities of cash. Trading on eToro can be very successful but it’s important to note that, whenever you’re handling the marketplaces, you can lose cash too (” your capital is at threat”)!