eToro is a global market place for traders and investors to trade currencies, commodities, indices and CFD stocks online. The broker provides access to the financial markets for over 5 million users in more than 170 countries worldwide.
The Power of Community
Traditional trading can be a solitary affair but eToro are challenging this concept with social trading. You can get to know their community managers and be a part of a social trading community that unites like-minded traders for a very different trading experience. Cooperation, community and interaction are the key components of the eToro trading experience.
With community in mind, eToro offers clients an opportunity to find traders that meet with their own unique trading paramenters. This may be traders with a high or low risk strategy, high or low trading volumes, traders that live in a specific location or those who invest in particular markets. Once you have identified the traders you wish to copy, you decide how much you want to invest in them and their positions will automatically open within your account. If you’re not ready to trade, you can follow them to receive their latest updates.
For investors with a longer term strategy in mind, there are CopyFunds, Designed to work in the same way as funds, an eToro CopyFund will offer a bundle of CFD stocks, commodities or ETFs under one chosen market strategy. The strategies can range from sector specific trackers such as Technology and Banks to cryptocurrencies to hedge fund trackers like Warren Buffett’s Berkshire Hathaway.
Range of Markets
In addition, there are Currencies, Indexes, Commodities, Stocks and ETFs to choose from for those who prefer to follow their own path. The number of markets available to trade is growing but does not match the range offered by many brokers at the moment. However, many of the most popular markets are included and eToro are committed to growing the amount of options available.
The eToro platform provides portfolio management and a social trading hub through which you can connect with other investors across the eToro network, tapping into their collective wisdom. You can explore top trader rankings and various market pages, and join in live market discussions with fellow investors.
The eToro platform features the trading tools you’ll need to manage your manual and Copy Trading portfolio. The platform’s interface allows you to view live rates, use their comprehensive charting software, open positions and orders, change your trade settings, edit Stop Loss and Take profit orders, and manage your Copy Trading activity. There’s a demo account available for you to test out the platform and refine your trading strategy.
There’s a Popular Investors program available that enables successful traders to earn additional income by building followers. The Popular Investors program features four tiers; Cadet, Rising Star, Champion and Elite. With 50 copiers, eToro offer Rising Star’s a monthly payment of $350 which increases at each tiered level.
eToro are offering new clients a bonus of up to $1,000 in eToro credits upon first deposit and account verification.
See how social trading works
eToro have put together a video to explain how social trading works. We have included it below for you to watch.
Authorised and Regulated
eToro (Europe) Ltd. is authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under the license # 109/10. eToro (UK) Ltd, is authorised and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263.