☑ eToro Review
|Leverage and Margin
☆ Trade Markets on eToro
⇒ eToro Social Trading
eToro is the world’s leading
social trading platform, which
offers both investing in stocks
and cryptocurrencies, as well as
trading CFD with different
✔ How does it work?
- Create Your Account
Fill out a simple form to create your free eToro account. All information you submit is protected by the latest encryption technology and will not be shared with third parties. Once your account is created, use one of the many available payment methods (credit card, PayPal, Neteller, Skrill, etc.) to fund it.
- Find Top Traders
Use the eToro People page to find and filter eToro's best traders. Make sure to check the traders' profiles and take note of their portfolios, trading stats, and the number of copiers. If you prefer to base your copy trading portfolio on specific markets, use the eToro Markets page to see which investors are trading in the market of your choice.
- Copy Their Trades
Once you’ve found the traders you want to copy, simply click on “Copy" to start automatically copying their positions. You will be asked to specify the percentage of your funds you want to allocate for copying. The amounts for the copied trades will be calculated accordingly.
- Monitor and Manage
All you have to do now is watch as the trades made by the traders you’ve chosen to copy are recreated in your own account. Remember, you retain full control of your account and can take the trade over, or stop copying a trader altogether, at any time.
Your profile on eToro is your way of presenting yourself to the eToro community and get valuable statistics about your trading habits. If you want to get copiers, make sure to verify your account, add a profile picture and write something about yourself.
There are four tabs on your profile:
- Feed: Shows all of your social activity on the eToro network, including your posts and comments. This tab also shows your bio so make sure to write a few words about yourself and your trading strategy.
- Stats: Presents your gain and fail/success ratio since your joined eToro, enables you to track your Risk Score, shows your portfolio composition and more.
- Portfolio: This tab shows the community your portfolio in detail, enabling other traders to see what you trade and invest in, helping them decide if they would like to copy you.
- Chart: This tab presents a simulation of what a $10,000 investment in you would yield over time.
We realise that some of our clients would like to keep their trading activity private. If you wish to share less information, flip the ‘Private Profile’ switch on your profile. To personalise your profile’s privacy, please go to profile privacy settings.
For more information on the terms and conditions visit the eToro website.
Why Choose eToro
eToro is the world’s leading social trading network. Powered by millions of users from over 140 countries, eToro has been able to refine their knowledge and experience into practical trading tools.
Alongside being a one-stop shop for stock trading, online investing, crypto trading and much more, it has also introduced many novel social trading features. But what makes eToro social? The array of social features eToro offers is vast and extends well beyond the trading platform itself. While pioneering social features and making the financial market more friendly and accessible to almost anyone around the world, eToro has also extended its reach and is maintaining active social channels.
Copy other traders
Discovering other traders to copy on eToro is quite intuitive: On the Copy People screen, there are several methods to locate people that may match your trading and investing needs. The Editor’s Choice section presents Popular Investors (more about the program below) that have recently been trading that are worth checking out.
Also, it is quite simple to locate traders by using the search tool and filtering the results. There is a variety of parameters to choose from, such as gain, Risk Score, location and many others. Since eToro operates in complete transparency, each trader that can be copied has valuable information on their eToro profiles that will help you determine your ideal choices for creating your people-based portfolio.