For total newbies the eToro platform and the concept of trading itself can be a little daunting at. With the advantage of hindsight and my own individual trading experience on eToro, I desired to put together an extensive no-nonsense guide to help others get the best results as rapidly as possible.
The platform and the wider phenomenon of social investing have been extensively covered by mainstream media, including a current BBC documentary called Traders: Millions by the Minute.
The most special feature of eToro is most likely ‘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. You can allocate some funds to immediately copy their trades if you discover somebody you like the appearance of.
Another big plus is the ‘Popular investors’ program. This rewards users based on the number of photo copiers they have in the type of regular monthly commission. The program also incentivises responsible trading, and we’ll discuss this in more depth towards completion of the guide.
With the social and copying features, you’ll certainly 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 demo account. How Many Trades Per Day Under Etoro 4
Take it easy at the start and make certain you know what you’re doing before investing larger quantities of cash. Trading on eToro can be extremely successful but it’s important to note that, whenever you’re dealing with the markets, you can lose money too (” your capital is at threat”)!