eToro - What is it and how can I sign up?
CopyTrading permits users of the platform to view funds and investment strategies of seasoned professionals
On eToro there are thousands of different assets to choose from
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Online trading, innovative and exciting as it may be, carries risks that traditional trading platforms have not had to deal with. eToro’s platform makes the process of developing your portfolio as easy and accessible as possible, but there a few things you should keep in mind in order to make the most of your online trading activity.
Use your virtual dollars
None of us are experts at anything when we do it for the first time, so it makes sense to test the waters. With eToro, you get a virtual $100,000 account when you sign up to experiment in the early days of your online trading progress. The service is free, and gives you major amount of money to become accustomed to the various strategies that can be used when trading online.
Let’s get started
Once you get used to the platform through the virtual money account, you can start using the eToro platform manual. It offers all the options of traditional platform, with one key difference. It allows investors to benefit from each other's skills and experience, with live trading feeds
CopyTrading
One of the most popular features available on the eToro platform emerged in 2010. CopyTrading permits users of the platform to view funds and investment strategies of seasoned professionals, as it enables users to follow and copy one another. All the data is available for you to see, and users can familiarise themselves with other traders and strategies at the push of a button. Some of the most successful traders can apply to the eToro Popular Investor platform, which gives them a variety of perks, including a spread rebate, monthly payments and up to 2% of Assets Under Management. It’s win-win for everyone.
Unique trading tools
On eToro there are thousands of different assets to choose from, everything from stocks and indices to commodities and cryptocurrencies. Other features which users find helpful include One Click Trading, which allows you to predetermine the amount and leverage of your investment with - you guessed it - one click.
By providing a trusted and innovative service, users can feel comfortable with a platform that suits all types of investors. Whether you’re new to trading or an experienced investor, eToro has everything needed to fulfil your online trading needs.
*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.