Etoro Blog | OMBC

 

That all changed about a year ago.Etoro Blog… I was a final year student and discovered a platform called eToro which blew open the doors and enabled me to begin trading online. eToro depends on 20 times more affordable than traditional stockbrokers, with 0% commission on genuine stocks.

 

My performance over the past year. Previous performance is not an indicator of future results. Trading history provided is less than 5 complete years and might not be adequate as basis for financial investment choice. This is not financial investment suggestions.

Sound easy enough? Etoro Blog

Well, in fact it’s not all that straight-forward. It is necessary for you to understand that I have actually been on rather a discovering curve. Whilst I’ve been delighting in the whole experience, I’ve also made some rookie mistakes.

For total beginners the eToro platform and the idea of trading itself can be a little intimidating at. With the benefit of hindsight and my own individual trading experience on eToro, I wanted to put together a detailed no-nonsense guide to assist others get the finest outcomes as quickly as possible.

The platform and the larger phenomenon of social investing have been commonly covered by mainstream media, including a current BBC documentary called Traders: Millions by the Minute.

The most distinct feature of eToro is most likely ‘CopyTrader’. This permits you to sort through other users and plainly see their trading history, including how much they have made or lost over any given duration. If you discover somebody you like the look of, you can allocate some funds to instantly copy their trades.

Another huge plus is the ‘Popular investors’ program. This rewards users based on how many photo copiers they have in the form of regular monthly commission. The program likewise incentivises accountable trading, and we’ll discuss this in more depth towards completion of the guide.

So with the social and copying functions, you’ll definitely learn a good deal reasonably rapidly! Most of the need-to-knows you’ll pick up by playing or reading this guide with a demonstration account. Etoro Blog

Relax at the start and ensure you know what you’re doing before investing larger amounts of cash. Trading on eToro can be extremely profitable however it is essential to note that, whenever you’re handling the markets, you can lose money too (” your capital is at threat”)!