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For total novices the eToro platform …How Large To Use Vault Etoro…and the idea of trading itself can be a little daunting at first. With the benefit of hindsight and my own individual trading experience on eToro, I desired to put together a thorough no-nonsense guide to assist others get the best results as quickly as possible. And here it is …

eToro would describe themselves as an accessible trading platform that incorporates a social element into investing. I ‘d describe them as Facebook for trading. They first went live in 2006, and are now the world’s largest investment network with a community of 4.5 million users.

The platform and the wider phenomenon of social investing have been commonly covered by mainstream media, consisting of 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, consisting of how much they have made or lost over any given period. 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 on the number of copiers they have in the form of monthly commission. The program likewise incentivises responsible trading, and we’ll discuss this in more depth towards completion of the guide.

With the social and copying features, you’ll definitely find out an excellent deal relatively quickly! Most of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. How Large To Use Vault Etoro

Take it easy at the start and make sure you understand what you’re doing prior to investing bigger quantities of money. Trading on eToro can be very lucrative but it is very important to note that, whenever you’re handling the markets, you can lose money too (” your capital is at risk”)!