eToro is a social trading platform. It allows the users to copy the trades of other traders. This can be a great way to learn more about trading, allowing you to learn from the traders who are already successful. In this eToro copy trading review, we’ll discuss the popular features, the idea behind etoro, and etoro fees.
eToro offers a free demo account for new users to try out the service before signing up for an account. The demo account is fully functional and gives you access to all of the features that are available on the live version of eToro. Once you’ve decided that eToro is right for you, simply open an account with them and start trading!
Popular Features of eToro
Before we get into our copy trading review of eToro, let’s take a look at some of their most popular features:
eToro has over 10 years of experience in the market and has grown exponentially since 2009 when it launched its first platform in the UK. It has since expanded globally, offering trading services via its website and mobile apps as well as through social media sites such as Facebook and Twitter. The eToro team consists of over 350 employees spread across offices in Tel Aviv, London, Hong Kong, and Cyprus.
eToro is one of the world’s most popular cryptocurrency trading and investing platforms. eToro was founded in 2007 by Yoni Assia, Ronen Assia, and David Ring who wanted to create a platform that allows investors to copy the trades of other traders for a fee. The platform offers CFD trading on some 1,500 assets including cryptocurrencies, stocks, indices, and commodities.
Traders can copy the trades of other traders or choose to follow experts on eToro’s upcoming “social trading network” which will allow them to share their investment ideas with others in a social setting.
What is eToro Copy Trading Fees?
eToro has different fees depending on whether you are copying an existing trader or choosing to follow an expert:
Copy Trader: 0.89% per year (0.89% per month)
Expert: 0.50% per year (0.50% per month)
eToro is the world’s leading social trading network, with over 6 million users and a wide range of investment options. The company was founded in 2006 by a team of 7 people with a vision of putting the power back into the hands of investors, who could now copy trade from other traders and generate their profits.
The Idea Behind eToro
The idea behind eToro is simple: you can copy trades from other successful traders, or follow them directly to see how they trade and why they do it. If you like what you see and want to try it for yourself then you can open an account and start copying those trades. You don’t have to worry about the risk involved because eToro will automatically manage your position size according to your account balance.
The idea behind eToro is that while no one person will ever be able to consistently beat the market, a group of traders can do so if they all follow the same strategy. So if you want someone else’s trades but doesn’t want to spend hours researching technical analysis charts yourself, eToro might be for you.
eToro offers an extensive list of investment opportunities including, stocks, commodities, forex, and CFDs (contracts for difference). Here are some examples:
Stocks – Apple Inc., Facebook Inc., General Electric Co., Unilever NV
Commodities – Gold (XAU/USD), Silver (XAG/USD), Oil (Brent Crude)
Forex – USD/JPY, EUR/GBP
Conclusion
eToro is one of the trading platforms
a social trading network that allows traders to copy the trades of other traders and minors. You can set up your portfolio and choose which stocks, currencies, commodities, or indices you want to invest in. The eToro software will then automatically replicate the trades of other people who have similar strategies.
The good news about eToro is that it’s free to use (although there are some charges for withdrawing money).
