About eToro
eToro is a company founded in 2007, that specializes in online trading and investing.
They differentiate from other platforms because they have a feature called Copy Trading.
They have more than 10 million users from 140 countries
What is Copy Trading?
eToro has pioneered the concept of Copy Trading, which enables you to automatically copy traders of your choosing, replicating what they do in your own accounts.
Simply put, it’s trading in financial markets by having other people from around the world doing the trading on your behalf.
How Does Copy Trading Work?
The general idea of the Copy Trading tool is pretty simple: Choose the traders you want to copy, decide on the amount you wish to invest, and copy everything they do automatically, and in real-time, with one click of a button.
1. Sign up for eToro
Sign up for eToro and start copying our strategies at no extra charge. There are no management fees or other hidden costs involved.
To create an account on eToro website, simply follow the instructions from this link:
67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
2. Choose a strategy
Setting up your copy trading is simple. Choose the strategy that you’d like to copy, input the amount you’d like to allocate, and click COPY.
Back-tested results. Past performance is not an indication of future results. This is not investment advice.
67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
You’ll be duplicating the strategy positions automatically in real time and direct proportion.
You can start or stop copying a user at any time.
You may also set a stop loss for the copy, add or remove funds, or pause the copy.
3. Set an amount
All you need to do is click COPY and decide on the amount you want to allocate out of the total equity in your account.
The minimum amount required to copy a strategy is $200.
4. Click COPY
Click the “Copy” button to start automatically copying the strategy’s positions
