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

The platform and the broader 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 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 discover somebody you like the look of, you can allocate some funds to automatically copy their trades.

Another big plus is the ‘Popular financiers’ program. This rewards users based on the number of copiers they have in the type of regular monthly commission. The program likewise incentivises accountable trading, and we’ll discuss this in more depth towards the end of the guide.

So with the social and copying functions, you’ll certainly find out a great deal fairly rapidly! Most of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. Valentina Reingold Etoro

Take it easy at the start and ensure you know what you’re doing before investing larger amounts of money. Trading on eToro can be really rewarding but it is very important to note that, whenever you’re handling the marketplaces, you can lose cash too (” your capital is at danger”)!