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For total novices the eToro platform …Etoro Philippines Review…and the idea of trading itself can be a little daunting at first. So with the advantage of hindsight and my own individual trading experience on eToro, I wished to create a thorough no-nonsense guide to assist others get the very best outcomes as rapidly as possible. And here it is …

eToro would explain themselves as an available trading platform that integrates a social aspect into investing. I ‘d explain them as Facebook for trading. They initially went live in 2006, and are now the world’s largest financial investment network with a community of 4.5 million users.

The platform and the wider phenomenon of social investing have actually been commonly covered by mainstream media, consisting of a current BBC documentary called Traders: Millions by the Minute.

The most special feature of eToro is probably ‘CopyTrader’. This permits you to arrange through other users and clearly see their trading history, including how much they have made or lost over any given period. You can allocate some funds to instantly copy their trades if you find someone you like the look of.

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

So with the social and copying functions, you’ll certainly discover a good deal reasonably quickly! Most of the need-to-knows you’ll get by reading this guide or playing with a demo account. Etoro Philippines Review

Relax at the start and make sure you understand what you’re doing prior to investing bigger amounts of money. Trading on eToro can be really lucrative however it is essential to keep in mind that, whenever you’re dealing with the marketplaces, you can lose money too (” your capital is at risk”)!