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For overall beginners the eToro platform and the idea of trading itself can be a little daunting 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 finest results as quickly as possible.

The platform and the wider phenomenon of social investing have actually been extensively covered by mainstream media, including a recent BBC documentary called Traders: Millions by the Minute.

The most unique feature of eToro is probably ‘CopyTrader’. This allows you to sort through other users and clearly see their trading history, consisting of how much they have made or lost over any given duration. If you discover someone you like the appearance of, you can assign some funds to automatically copy their trades.

Another huge plus is the ‘Popular financiers’ program. This rewards users based upon how many copiers they have in the kind of month-to-month 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 find out a good deal relatively quickly! The majority of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. Transfer Ltc Etoro Fee Free

Take it easy at the start and make sure you understand what you’re doing before investing bigger amounts of cash. Trading on eToro can be extremely successful however it’s important to keep in mind that, whenever you’re handling the markets, you can lose money too (” your capital is at danger”)!