For total novices the eToro platform and the idea of trading itself can be a little intimidating at. With the benefit of hindsight and my own personal trading experience on eToro, I wanted to put together a thorough no-nonsense guide to assist others get the best results as rapidly as possible.
The platform and the broader phenomenon of social investing have actually been widely covered by mainstream media, including a current BBC documentary called Traders: Millions by the Minute.
The most unique feature of eToro is probably ‘CopyTrader’. This enables you to sort through other users and plainly see their trading history, including just how much they have made or lost over any given duration. If you find somebody you like the look of, you can designate some funds to automatically copy their trades.
Another huge plus is the ‘Popular investors’ program. This rewards users based upon how many copiers they have in the type 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 find out a terrific offer fairly quickly! Most of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. Etoro Non Riesco A Vendere
Take it easy at the start and make sure you know what you’re doing prior to investing bigger amounts of money. Trading on eToro can be very rewarding but it is necessary to note that, whenever you’re handling the markets, you can lose money too (” your capital is at risk”)!