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For overall novices the eToro platform …Youtube Graham Stephan Etoro…and the idea of trading itself can be a little intimidating initially. So with the benefit of hindsight and my own individual trading experience on eToro, I wanted to create an extensive no-nonsense guide to assist others get the very best results as rapidly as possible. And here it is …

eToro would explain themselves as an available trading platform that incorporates a social element into investing. I ‘d explain them as Facebook for trading. They initially went live in 2006, and are now the world’s biggest investment network with a neighborhood of 4.5 million users.

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

The most unique feature of eToro is probably ‘CopyTrader’. This enables you to sort 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 discover someone you like the look of, you can designate some funds to automatically copy their trades.

Another big plus is the ‘Popular investors’ program. This rewards users based upon the number of photo copiers they have in the form of regular monthly commission. The program also incentivises responsible trading, and we’ll discuss this in more depth towards the end of the guide.

With the social and copying functions, you’ll definitely learn an excellent offer reasonably quickly! Most of the need-to-knows you’ll pick up by reading this guide or playing with a demo account. Youtube Graham Stephan Etoro

Take it easy at the start and make certain you understand what you’re doing before investing larger quantities of money. 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 cash too (” your capital is at threat”)!