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For overall novices the eToro platform and the principle of trading itself can be a little intimidating at. So with the advantage of hindsight and my own personal trading experience on eToro, I wanted to put together an extensive no-nonsense guide to help others get the very best results as rapidly as possible. And here it is …

eToro would describe themselves as an available trading platform that includes 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 wider phenomenon of social investing have actually been extensively covered by mainstream media, including a recent BBC documentary called Traders: Millions by the Minute.

The most special function of eToro is probably ‘CopyTrader’. This permits you to arrange through other users and clearly see their trading history, consisting of just how much they have actually made or lost over any given duration. If you find someone you like the look of, you can assign some funds to immediately copy their trades.

Another huge plus is the ‘Popular investors’ program. This rewards users based on how many copiers they have in the form of regular monthly 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 certainly learn a fantastic deal fairly quickly! Most of the need-to-knows you’ll get by playing or reading this guide with a demonstration account. Etoro Free Antivirus

Take it easy at the start and ensure you understand what you’re doing before investing larger amounts of money. Trading on eToro can be very rewarding but it’s important to note that, whenever you’re handling the marketplaces, you can lose cash too (” your capital is at danger”)!