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For overall newbies the eToro platform and the concept of trading itself can be a little intimidating at. With the benefit of hindsight and my own individual trading experience on eToro, I wanted to put together a thorough no-nonsense guide to help others get the best results as quickly as possible.

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

The most unique feature of eToro is most likely ‘CopyTrader’. This allows you to sort through other users and plainly see their trading history, consisting of how much they have made or lost over any given period. If you find somebody you like the appearance of, you can allocate some funds to immediately copy their trades.

Another big plus is the ‘Popular investors’ program. This rewards users based on how many photo copiers they have in the type of month-to-month 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 relatively quickly! Most of the need-to-knows you’ll get by reading this guide or playing with a demo account. Etoro Index Funds

Take it easy at the start and make certain you understand what you’re doing before investing bigger quantities of money. Trading on eToro can be really successful but it is very important to note that, whenever you’re dealing with the markets, you can lose cash too (” your capital is at threat”)!