eToro are the leading global social trading platform/ network. Launched in 2007 they quickly became the most trusted social trading platform with now just over 7 million users. In essence that means you have over 7 million other traders to copy.
eToro’s platform makes it easy for a beginner to get up to speed and is sophisticated enough to keep experienced traders happy. Whether you’re a short-term trader or long-term investor the platform analysis and reporting tools can help guide your portfolio growth.
Finding the top traders to copy is easy, with plenty of ways to make sure you’re copying someone who is trading at a risk level you’re comfortable with. You can copy multiple traders at the same time across multiple asset classes (Indices, equities, FX pairs, etc)
You can also become followed yourself if you’re trading is successful. Depending on the size of your following, you will become a “Popular Investor” and be paid commission from eToro.
eToro review their platform and products regularly, meaning that te technology is always state-of-the-art and optimised for all the latest browsers or mobile devices. Mobile trading is made even easier as the platform is responsive and the downloadable app mimics the desktop platform in look and feel and more importantly functionality.
The platform features all the usual asset classes, from Indices, to FX, to Cryptocurrency to equities. They make it all easy to find so you can act quickly on the latest market news.
Depositing is made easy by providing all the common deposit methods including the standard bank wire, credit card and eWallets such as Payal. It’s free to deposit, but there are withdrawal fees (more information on this can be found here.
If you want to practice before depositing real money, then you can open a demo account. This account will look exactly the same as a real account, you just trade with vitual funds provided in your account once you have been approved. To switch between real and virtual funds is very quick and easy. To find out more about opening a demo account, please view the following article here.
In conclusion, eToro are an award winning platform that is very easy navigate and ultimately cop very successful traders.
- FCA Regulated
- Copy Trading
- Mobile app
- Simple & friendly interface