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For overall novices the eToro platform and the idea of trading itself can be a little intimidating at. With the advantage of hindsight and my own personal trading experience on eToro, I wanted to put together a comprehensive no-nonsense guide to assist others get the finest results as rapidly as possible.

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

The most distinct feature of eToro is most likely ‘CopyTrader’. This permits you to sort through other users and plainly see their trading history, including just how much they have actually made or lost over any given period. You can assign some funds to automatically copy their trades if you discover someone you like the appearance of.

Another big plus is the ‘Popular investors’ program. This rewards users based upon the number of photo copiers they have in the form of monthly commission. The program also incentivises accountable 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 discover a good deal reasonably quickly! Most of the need-to-knows you’ll pick up by playing or reading this guide with a demonstration account. How To Get Etoro Debit Card

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