For total novices the eToro platform …Why Does Etoro Have A 15 Minute Delay…and the concept of trading itself can be a little daunting in the beginning. So with the advantage of hindsight and my own individual trading experience on eToro, I wished to assemble a detailed no-nonsense guide to help others get the best outcomes as quickly as possible. And here it is …
eToro would explain themselves as an accessible trading platform that includes a social component into investing. I ‘d describe them as Facebook for trading. They first went live in 2006, and are now the world’s largest investment network with a community of 4.5 million users.
The platform and the wider phenomenon of social investing have been commonly covered by mainstream media, including a recent BBC documentary called Traders: Millions by the Minute.
The most unique function of eToro is probably ‘CopyTrader’. This allows you to arrange through other users and clearly see their trading history, consisting of just how much they have made or lost over any given period. If you find somebody you like the appearance of, you can allocate some funds to instantly copy their trades.
Another big plus is the ‘Popular investors’ program. This rewards users based on how many copiers they have in the form of regular monthly commission. The program likewise incentivises responsible trading, and we’ll discuss this in more depth towards completion of the guide.
With the social and copying features, you’ll definitely learn an excellent deal reasonably quickly! Most of the need-to-knows you’ll pick up by playing or reading this guide with a demo account. Why Does Etoro Have A 15 Minute Delay
Take it easy at the start and ensure you know what you’re doing prior to investing larger amounts of cash. Trading on eToro can be very lucrative however it is very important to keep in mind that, whenever you’re handling the markets, you can lose money too (” your capital is at threat”)!