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For total novices the eToro platform and the principle of trading itself can be a little daunting at. With the advantage of hindsight and my own personal trading experience on eToro, I desired to put together an extensive no-nonsense guide to assist others get the finest results as rapidly 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 distinct feature of eToro is probably ‘CopyTrader’. This allows you to arrange through other users and plainly see their trading history, including how much they have made or lost over any given period. If you find someone you like the look of, you can assign some funds to immediately copy their trades.

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

So with the social and copying features, you’ll definitely find out a great deal reasonably rapidly! The majority of the need-to-knows you’ll get by playing or reading this guide with a demonstration account. Etoro Supertrend Graph

Relax at the start and ensure you understand what you’re doing before investing larger quantities of money. Trading on eToro can be very rewarding however it’s important to keep in mind that, whenever you’re dealing with the marketplaces, you can lose cash too (” your capital is at danger”)!