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For total beginners 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 help others get the best outcomes as quickly as possible.

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

The most unique function of eToro is probably ‘CopyTrader’. This allows you to sort through other users and plainly see their trading history, including how much they have made or lost over any given period. You can assign some funds to immediately copy their trades if you discover somebody you like the look of.

Another huge plus is the ‘Popular financiers’ program. This rewards users based on the number of copiers they have in the type of regular monthly commission. The program likewise incentivises accountable trading, and we’ll discuss this in more depth towards the end of the guide.

With the social and copying features, you’ll definitely learn a terrific offer fairly quickly! Most of the need-to-knows you’ll get by reading this guide or playing with a demo account. Etoro Review Money Saving Expert

Take it easy at the start and make sure you understand what you’re doing prior to investing larger amounts of cash. Trading on eToro can be extremely profitable however it is essential to note that, whenever you’re dealing with the markets, you can lose cash too (” your capital is at threat”)!