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For total newbies the eToro platform and the concept 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 detailed no-nonsense guide to assist others get the best results as rapidly as possible.

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

The most special function of eToro is most likely ‘CopyTrader’. This allows you to sort through other users and plainly see their trading history, including just how much they have made or lost over any given duration. If you find somebody you like the appearance of, you can allocate some funds to instantly copy their trades.

Another huge plus is the ‘Popular investors’ program. This rewards users based on how many photo copiers they have in the type of regular monthly commission. The program also incentivises accountable trading, and we’ll discuss this in more depth towards completion of the guide.

With the social and copying functions, you’ll certainly learn a great deal reasonably rapidly! The majority of the need-to-knows you’ll get by playing or reading this guide with a demonstration account. What Is The Etoro Limit If Using A Bank Account

Take it easy at the start and make sure you know what you’re doing prior to investing larger amounts of money. Trading on eToro can be very lucrative however it is essential to keep in mind that, whenever you’re dealing with the markets, you can lose money too (” your capital is at risk”)!