eToro Social Trading is a pioneer in copying trading systems, allowing traders to learn directly from other experienced traders, with high transparency and other advantages you should know about.。

The difficulty of trading has caused many forex traders to give up in their early days.。These difficulties stem from a lack of knowledge of current transactions that may affect price movements, the ability to create sound trading plans, and the ability to correctly analyze what is currently happening in the market.。

Therefore, we have financial experts, fund managers or simply experienced traders with a better understanding of how the market works to guide new traders.。However, their services are not cheap。

This is whatAdvantages of eToro。They offer a social trading platform that you can use to expand your trading knowledge by learning from experts or exchanging experiences with peers。

eToroSocial trading platform is a place to learn and share

eToro, formerly known as RetailFX, has become more than just a forex broker since its inception in 2007.。They have more than 11 million users worldwide and have offices in many countries including the US, Australia, UK and China.。By 2018, the company was worth $800 million.。

Within two years of starting to help newbies trade, the company launched aWebTrader for all skill levels。They also launched OpenBook, the world's first social trading platform, with the CopyTrader feature that sets them apart from other social media.。

The CopyTrader feature allows any trader to follow and copy what an experienced trader does in his job。In other words, this feature can shorten the learning curve by allowing new traders to learn from the collective knowledge available on eToro's social trading platform。

Social media platforms are often created to share their ideas with the world。eToro broker's social trading platform is the same goal, but more focused on trading。Users of the social media platform can copy other users "strategies, share their thoughts, or keep other users informed of important news and analysis about the news.。

There are two kinds of people who use this social trading platform: those who share their knowledge or experience (traders), and those who absorb them (investors)。The benefits of the latter are clear; they can upgrade their trading skills。People who share can also

benefit from having their names noticed by people who might want to hire their services。

Investors and traders connect on the same social platform, making the entire Forex trading less exclusive。eToro's mission is to state that anyone should have access to a portion of the $5 trillion that circulates in the foreign exchange market every day.。After all, the ability they offer to trade forex can be as low as 1 pip spread。

ToIn 2020, eToro's social trading platform has been used by more than 12 million people in at least 100 countries to communicate with peers and learn from some of the more experienced traders.。

eToroWhat's so special about social trading?？

Here's what you need to know about6 things about eToro social trading:

1. A simple and effective main goal

CopyTrader allows beginners to emulate how experienced traders make profitable trades in real time。This simple goal can help traders with great learning needs learn directly from professionals。They can trade effectively and not waste their resources (both money and time) trying to understand how Forex trading works。

2. No need to pay

In the past, a good finance manager may have required some form of service fee。But inIn CopyTrader, new traders can copy the strategy they see fit for free。Any commission is only required if they decide to invest in some traders they consider worthy of attention。But if they're just using the eToro social platform as a source of information to trade, they don't actually have to pay anything.。In addition, the stock copy trading platform is basically a 0% commission service。

3. High transparency

You can make smart decisions because of transparency。Copy which trader's choice is in your hands。In fact,eToro has made a special platform to list traders and their portfolios that contain information important for investors to consider。

4. Risk Score

Do you have the ability to follow high-risk strategies？Or you want to make yourself comfortable in trading with a low-risk strategy？The choice is yours, becauseCopyTrader includes a risk score, so you can choose which strategy to copy。But consider, always remember that high returns are always accompanied by risk, and the consequence of a low-risk strategy is low profits.。

5.Total control

If you think the strategy you choose is not quite right for you, then you can stop it or pause for a while。You can increase or decrease your funds at any time.。

6. Easy to use

All you need to do is select the trader you wish to replicate, e.g.one of the eToro brokers and choose the amount you want to invest。Everything is in real time with just one click。

Founded in early 2007, eToro's mission is to make transactions accessible to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。

eToro (Europe) Limited, as a financial services company, is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number # 109 / 10。Meanwhile, eToro (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA) under licence FRN 583263.。

As foreToro AUS Capital Pty Ltd, whose legal status is recognised by the Australian Securities and Investments Commission (ASIC), provides financial services under Australian Financial Services License 491139。

One belongs4 digit type broker, eToro offers both short and long term options for day traders and investors, such as their innovative CopyPortfolio ™, a fully managed themed portfolio。

自Since 2007, eToro has been at the forefront of the fintech revolution.。The most recent was the launch of CopyPortfolio in 2017, powered by machine learning AI.。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。

NewThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to generate double-digit returns and package traders into a fully managed portfolio.。eToro offers hundreds of financial assets for trading across categories, including equities, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using a variety of investment strategies。

Some of eToro's positions involve ownership of the underlying assets, such as the positions of non-leveraged stocks and cryptocurrencies。Using CFDs will enable various options such as leveraged trading, short (sell) positions, partial ownership, and more。For example, a trader can invest as little as $100 in gold, even though the actual price of gold may be several times that amount.。It is also possible to sell an asset and if they think the price will fall, they will profit from the decline in the value of the asset。

在在Currencies traded on eToro are traded only as contracts for difference (CFDs)In addition,CFDs allow short selling (short) and leveraged trading, even for assets that do not offer this option in traditional trading。Some popular currencies include EUR / USD, GBP / USD, AUD / USD, USD / JPY and USD / CAD。

In addition, exchange-traded funds (ETF) is a financial instrument containing several assets that are combined into a tradable fund。After opening an account with eToro, traders can invest a $500 ETF with a minimum of $250。Some of the hot ETFs on eToro include SPY, VXXB, TLT and HMMJ。

However,eToro also offers additional features through CFD trading。All leveraged ETF positions in the UK are regulated by the Financial Conduct Authority (FCA)。Meanwhile, all CFD positions executed by eToro Australia are regulated by the Australian Securities and Investments Commission (ASIC).。

The company has other advantages。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than the spread。

eToro charges a $25 withdrawal fee with a minimum withdrawal amount of $50。long-term (buy), non-leveraged cryptocurrencies, stocks andETF positions are not executed as CFDs and no fees are charged。eToro does charge overnight or weekend fees for CFDs positions, such as leveraged trades and short (sell) orders。

Fee updates always apply to open positions。Fees are subject to change at any time and may change daily without prior notice, depending on market conditions。

As a novice, traders can use theCopyTrading by eToro。Unlike the characteristics of other brokers, traders can copy the strategies of professional traders for free without sharing profits。因此 ，100% of the profit is owned entirely by the trader。For example, if Trader A, copied by Trader B, generates 10% profit this month, then Trader B will also earn 10% profit。

The company is the world's leading social trading network.。因为eToro operates in a completely transparent way, and every trader has valuable information on their eToro profile, so other traders interested in copying their trades can get help when creating their best portfolio.。

Another unique ineToro features are personalized, social news feeds。Just like on any social media, traders can post their updates on subscriptions, comment on other people's posts, and gradually create a subscription that adapts to a trader's trading and investing interests.。On eToro's social trading platform, traders also receive notifications when traders make new posts and many other important updates。

If you are interested in participatingeToro Social Trading As an investor, make sure you have carefully selected an expert to follow。If you don't know where to start screening traders you can copy, learn all about it in How to choose the best traders to copy。