How Dose eToro Work explained by forex experts , All you need to know about How eToro Works and How Dose eToro makes money, For more information about how dose etoro works you can visit etoro review by ForexSQ.com FX trading website.
How dose eToro work?
eToro is a social trading application that enables traders to benefit from one another’s knowledge and market insights. At eToro you can follow any traders you like, whether a friend or any other trader you want to track and learn from. In exchange, any other eToro users can follow your activities as well, so you too can gain a loyal following. With eToro you get live trading feeds of everyone’s activity, performance analysis and trading patterns of your own and other’s performances, and more social interaction features that can help you engage with other users.
What is Copy Trading?
The general idea of our groundbreaking CopyTrader tool is pretty simple: choose the trader you want to copy, choose the amount you want to copy them with, and watch your account copy their trades automatically.
However, beyond the basic concept of Copy Trading, things get a little bit more complicated, especially since we’ve added some advanced options to enable you to control your copy risk.
If you want to learn more about the two Copy systems we have at the moment and the new features of Copy Stop Loss and Pause/Resume Copy, you’ve come to the right place.
Here are a few important points you should be aware of before copying other traders at eToro broker:
General CopyTrader considerations:
- The minimum amount to invest in a trader is $100.
- The maximum amount of traders you can copy simultaneously is 100.
- The maximum amount you can invest in a trader is $500,000.
- The minimum amount for a copied trade is $1; trades below this amount will not be opened.
- If you close a copied trade manually the funds from this position will be credited back to the CopyTrader balance.
How does it eToro copy trading work?
Copy Trading is easy as 1 – 2 – 3!
1. Find the traders you want to copy
2. Set up your Copy Trade amount
3. Manage your people-based portfolio
How Dose eToro Works
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