eToro is a company known for its social trading platform, whose main service is to invest in stocks in a complex way.。Is it worth a try?？How to invest in stocks through eToro？

在在In 2010, eToro introduced the concept of "copy trading," allowing traders to copy specific trades from more experienced traders.。eToro's Copy Trading can be used to trade a variety of instruments, including stocks。This means that beginners can copy the trades of more experienced traders while learning different trading strategies。Professional traders, on the other hand, can have their trades copied, which can benefit them in popular investor schemes。

使用eToroThe benefits of

stocks, forex, commodities, cryptocurrencies, andThe broad range of ETFs continues to grow and expand。

eToro is a non-trader broker (NDD), which means they deal with many banks and liquidity providers, so they can always show you the best prices。

If you're buying the underlying asset, you'll get zero commission on the stock, which is particularly beneficial for long-term strategies。

eToro has one of the best user interfaces in the industry because of its simple navigation and clean and beautiful design。

The most important thing is to copy the trading function, which is beneficial to both novice traders and professionals。If used properly, you can get a lot of money into your account by copying other people's trades。

eToro has a 0% commission option, which means that transaction costs will be greatly reduced

How ineToroRegister Account？

在在eToro account registration is a simple and quick process。Here are the steps you must take to register an eToro account:

1.Register on the website

First, go.eToro's official registration page。Ensure the relevant information requested in the form is filled in。The site also allows you to log in via Facebook or Gmail.。After that, you must select a username and enter a phone number to secure your account。

2.Complete your profile and submit

To further ensure the security of your account, the site will ask you to fill in some basic personal information (if you're not sure, you don't need to enter your"ID number") and some questions about your trading experience。This is not a test or anything, so you don't have to worry too much about your answers, but it is very important to answer them honestly and truthfully。

3.deposit your funds

The next step is to deposit your funds according to the minimum requirements。Click"Continue to deposit" or "Deposit funds" in the lower left corner。Then you need to choose a payment method。The broker offers a variety of payment methods, depending on the location of the client。After you deposit, you can start trading.。

However, if you want to try a trading account and its features without risking anything, then you can choose to use a demo account (they call it"Virtual Account")。You can experience the full trading experience in a demo account and they will offer you $100,000 as starting capital in your demo account。

 

How to useeToro Copy Tradingconduct stock trading

Copy transaction isOne of the best features offered by eToro Broker。It allows you to copy other people's transactions and make them your own.。This means that the money in your account will reflect the same trading patterns in live trading。This feature is very useful for new traders who are still learning to trade。

通过With the help of expert traders or popular investors in eToro social trading, new investors can try different strategies and profit from their position。This is certainly a new and appealing way to invest in the stock market, rather than going the traditional route。

In addition, you can view the details of the trading history of popular investors and ask them how to improve your trading。So the possibility of making a lot of money here is huge。

For starters, if you want to start small, that's fine。在在eToro, the minimum amount you should invest in a copy trade is $200, you can pick several traders to copy。By selecting several traders at the same time, you can try different strategies and keep your portfolio diverse, especially since eToro's tool list covers everything from stocks, currencies, indices, commodities, cryptocurrencies to ETFs。Using different trading tools and strategies, you can reduce the risk of losing and losing money because you have multiple different possibilities。

The eToro broker offers a very interesting feature called the risk score to measure your trading risk。Score from 0 to 10, 0 means no risk, 10 means extremely high risk。To make the most of your money, we recommend investing in three low-risk investors, one medium-risk investor, and one high-risk investor.。You can see the risk score for each investor in the special column。

In fact, the more money you have, the more diverse your investments are likely to be。But even so, you must manage your money wisely and not invest more than you can afford。在在The main problem with 68% of eToro trading losses is greed and recklessness。They didn't stick to the initial strategy。Remember, while more money means more potential profit, it can also mean more potential loss。

How ineToroFind high-quality traders to copy.

Because you want to copy someone else's trade, you have to make sure that the trade is profitable and executed by a high quality trader。First, all traders you copy must be verified and officially part of the popular investor program。You can get this information from the colored stars next to their avatars, which shows that their trading style and performance have been in line withMinimum guidelines set by eToro brokers。

Basically, what you should know is4 levels of investors:

- Rookie level, identified by Blue Star。

- Championship level, identified by Red Star。

- Elite level, identified by Green Star。

- Elite professional grade, identified by Black Star。

Of course, the higher the rating, the more investors recommend。You can open it in youStar indicator is seen on the platform when the "Copy Person" menu。

In addition to the above parameters, the trader you copy must have at least5 qualities, for example:

- Can show their trading knowledge and experience on their profile page。

- Low weekly and daily retracements can be maintained。In this case, avoid retreating more than 10% of traders。

- Don't have too high a return。While this may seem advantageous at first, if someone gets a 1000% return in a very short period of time, it is likely to be unsustainable luck, not based on actual strategies.。

- Don't have a 100% win rate。Even the most successful traders experience declines from time to time。It is perfectly normal to close some trades in the red zone and generate losses。This shows the discipline and experience that only the right trader has。

- Openness and communication。A high quality trader will help you learn and be willing to share their trading methods。If they don't reply to your message, it may be a bad sign。

In general,eToro offers a unique investment experience, especially for new investors who want to try out social trading。Of course, this does not mean that you can get wealth immediately。Trading in any form is risky, so it is recommended that you only invest the money you can afford to lose。In addition to this, review your portfolio regularly and consider regularly adjusting copy trades to reflect your investment strategy。