Different Types of CopyFunds at eToro

CopyFunds is an interesting trading product developed by eToro. These funds are managed by some fund managers who decide what trades or assets stay and what leaves the fund. They also decide the ratio of those assets in the CopyFunds.

Usually, the fund’s manager tries to balance out the risk score and get it down to a minimum. They do it by adding low-risk and higher-risk assets to the funds in a way that if one asset gets down too much, others can pull the overall value of the CopyFunds into a stable position. But adding these assets in a balanced way is not easy. So, eToro decided to divide their CopyFunds into three different categories or types.

1. Top Trader CopyFunds
2. Market CopyFunds
3. Partner CopyFunds

I’ll discuss the three different types briefly here,

Top Trader CopyFunds

By CopyFunds, we usually understand some assets are stacked in a fund, managed by a manager. But the Top Trader CopyFunds is not like that. However, the basic idea is same. But instead of stacking different assets, managers of a Top Trader CopyFund stack the most successful and top-rated traders.

This CopyFund type is not that popular but if invested correctly, investors can get a huge return from it. But before you invest, make sure you do your homework on the top traders you are investing in.

Market CopyFunds

When you hear CopyFunds, you most probably think about these CopyFunds.

This type of CopyFunds are the most usual ones. For example a Food and Drinks CopyFund or Even a Gaming CopyFund.

When you see a Market CopyFund, you understand instantly what it is about. The Food and Drink CopyFund will have everything related to Foods and Drinks and a Gaming CopyFund will have anything related to the gaming industry.

But sometimes the boundaries are vague. For example, we might think of EA and Nvidia stocks when we are talking about Gaming related CopyFund. The reason is very obvious. EA produces games and Nvidia graphics cards are a must for a gaming setup.

But there are more to it. A Market CopyFund may also have the raw materials of that industry besides the stocks of companies operating in the same industry. So if you see any raw material used in making chips or motherboards ending up on the Gaming CopyFunds like In The Game, don’t wonder why.

So, to conclude, Market CopyFunds is simply the aggregation of different assets following the same specific market strategy.

Partner CopyFunds

Last but not the least, there are Partner CopyFunds. Unlike Market CopyFunds, these are somewhat more specific. If I want to explain it in a subtle language, Partner CopyFunds are simply a group of the world’s most innovative and creative financial service companies.

Basically, if you are an investment manager, you can grow your business by creating a CopyFunds and then distribute and promote so that people are interested in investing in your CopyFund.

Alpha Core, Warren Buffet-C.F, World Equity Plus, etc., are some good examples of Partner CopyFunds.

Conclusion: Now that you know about all three different types of CopyFunds, you can choose your desired category of CopyFunds and get into the trading world. But make sure that you did your homework before investing in any of them.

For more info, please visit : ETORO broker review

Is eToro’s CopyFunds suitable for you?

CopyFunds is a unique feature at eToro where people get to invest in a fund that has assets, related to each other as an industry. For example, a Gaming Fund will have NVidia, EA, Xbox, and other gaming-related assets. But the question is if it’s suitable and profitable for all? If not, who are those people who will be benefited the most from it? Is it suitable for you?

You’ll get the answerers here.

Is it suitable and profitable for all? 

In one word, no.

Yes, everyone can invest in CopyFunds, but it is not for everyone. This trading product was developed to target a specific group of people, but there is no restriction from eToro about whether anyone can invest in them or not.

Who is this for? 

Just by noticing the CopyFunds feature, one can understand who this is for.

When you see closely, you’ll find that CopyFunds doesn’t have the option name trade. There is “Invest” written instead. So, what does it mean?

It means CopyFunds are for people who are looking to invest and the people who want to invest, usually have a big pile of cash lying in their locker. Mostly these people are someone who has gathered a decent amount of money and wants to use that money for somekind of profit.

Another important characteristic of these traders is they plan on things long term because if you understand the concept of CopyFunds, you’ll know that Risk score is balanced out to ensure stability in investment.

And when you get lower risk score, you make less profit even if some of your assets are doing very well. This is because while some of the assets in your CopyFunds will do well,others might not do that great. This balances out the entire CopyFunds risk score to give stability.

So, if you a trader who is looking for instant anddecent profit, CopyFunds might not be the best option. But for someone who is willing to keep a good amount lying in a Fund and gradually increasing his profit without having to think about the risk score too much, CopyFunds are most suitable for him.

Is it suitable for me? 

Have you been in the trading world for a long time? Did you make enough profit to invest in CopyFunds? Are you willing to keep the amount stuck in a fund for the long term? Do you want stability in Trades rather than risky trades? Do you want your risk score to be at a minimum?

If all the answers to the questions above are Yes for you, CopyFunds is the feature that you were looking for.

You must bean experienced trader to dive into the CopyFunds and you must have a decent amount in your hand to invest in these funds. Also, you must be aware that your amount is going there for the long-term, years mostly. So, don’t think of pulling the investment out soon because the balanced risk score won’t let you earn a fortune overnight. If you can do all this, CopyFunds is just the right place for you.

For more info, please visit : ETORO broker review

eToro’s CopyTrading & CopyFunds, are they same?

CopyTrading and CopyFunds are similar in many ways, but they are not exactly the same as most people suspect it to be.

I know this can be confusing, but before you make any mistake, I’m here to guide you through both of the amazing investment products from eToro.

CopyTrading

CopyTrading allows traders at eToro to choose any trader that they think is worthy of copying. Then the tradergets the same percentage of profit as the copied trader.

For example, if a trader, say Adam thinks, say John’s trading feats and strategy is worth going for, Adam can copy John’s trading. Say Adam is trading with $1,000 and if John gets 10% profit, Adam will get 10% of his $1,000. This means the percentage of profit stays constant for both the copied trader and copying trader. But the amount differs based on how much Adam or a copying trader trades on John’s or another copied trader’s profile.

CopyFunds

CopyFund is like a container where the fund managers put different as sets of inter related industries. They try to balance the risk score as low as possible. Doing so, the assets get distributed in different ratios.

For example, a crypto fund will have Bitcoin shares at most because it is more stable than Etherium, Lite coin, and others.

In the CopyFunds, it’s not necessary that all the assets there are the same. A gaming CopyFund may have both Nvidia shares and EA shares. Although both Nvidia and EA are completely different companies, in different industries, Nvidia being a hardware manufacturer and EA being a software/game distribution company, they still get their respective places in the gaming CopyFunds section.

Difference between CopyTrading& CopyFunds

The difference between CopyTrading and CopyFunds can be seen easily if we look at the terminology related to each of them.

If you go to copy a trader, you’ll see the option of getting started as “Trade.” But for CopyFunds, it says “Invest.” This gives us a clear concept of the prime difference between CopyTrading and CopyFunds.

CopyTrading is preferred for short time investments. You see almost immediate fluctuationin their market state. But in CopyFunds, the investment is made for a longer time. That’s why it says “Invest.”

A trader gets to invest in the fund and wait for some time before he gets a good amount of profit. But a trader needs to invest a good total in order to profit more because the risk score is comparatively low in CopyFunds, so as the profit percentages.

The profit in CopyTrading can be massive, depending on the amount and the percentage. But same goes for the loss. The trader can lose a lot if his/her copied trader doesn’t do well. That means the Risk Score is higher for CopyTrading.

That’s why a new trader is most likely to invest in CopyTrading than CopyFunds because CopyTrading offers a chance for greater profit. But an experienced trader will go with CopyFunds. They know what can happen to their hard-earned money when things don’t goin his favor in CopyTrading. That’s why they tend to invest in CopyFunds for their balanced risk score. If EA shares fall, they know that their Nvidia shares are here to cover them and balance out the loss to an extent.

By now, you have understood the key differences between CopyTrading and CopyFunds. Now it’s time for you to give them a thought. Find out which one suits your interest the most and get with it.

Happy Trading.

For more info, please visit : ETORO broker review

Copying Traders at eToro, How does it Work?

eToro has some interesting trading tools to help their clients get the best out of their potential. Copy Trading is one of them.

This Copy Trading system allows any trader to copy another trades from others at eToro. The person who copies the trades is called the Copier and the person whose trades get copied is known as the Copied Trader. That means, at eToro, a trader or Copier can copy trades of another trader. 

A copier choosing this method would have those existing trades that are open of a Copied trader with these following terms:

1.    All the existing and open positions will stay open on the Copier’s trading account, including the market rate at that exact time when the Copier copies. The rates won’t be the same as it was originally when the trades were opened.

2.    Those trades will get the same SL (Stop Loss) and TP (Take Profit) as those original trades.

3.    From the very moment when a trader begins copying, the Copied trader’s ongoing and future actions will be mirrored, including the shifts in Stop Loss and Take Profit. The copier trader’s Stop Loss will adjust according to the copied trader’s Stop Loss. That means, if his/her copied trader increases the Stop Loss by adding extra funds to a position, the Copier’s Stop Loss will also increase. But the position amount of the copier will remain the same as the initial fund. That’swhy there may be some differences between the copier’s gain percentage and the copied trader’s gain percentage. 

4.    In the events when the copier needs to delete a specific trade, he/she will be allowed to close a particular copied trade without needing to close the copy account.

5.    If a Copied trader creates a position in a market that is closed by the time it was copied (for example, market break), eToro’s system will create a MO (Market Order) for that copier. When the market is open again, the MO will execute into the position with initial market rates.

6.    When the Copier needs to see all the copied trades from a single copied trader, he/she can do that by going to his/her portfolio option, available in the top corner. Then the copier will need to tap over the name of his/her copied trader. Now all the trades will be available on the screen.

Important Note: All the trades that a copier copies will be opened in his/her own account. The copier might notice those at a slight loss. This reflects the spread between Sell rates and Buy rates to show the copier a real-time reflection of the amount he/she will receive if chooses to close the trade. The new trades will be opened at the exact same rates that the copied trader opened his/her trades in the first place. These new trades will use the Realized Equity, which is balance + funds invested. This will be used as the grounds for the proportion of a copied trade.

But these policies, terms,and conditions may change anytime if eToro thinks they need modification. But before then, this is how copying trade will work for a trader at eToro.

For more info, please visit : ETORO broker review

Recent Crypto Boom Affecting eToro

The recent boom in the cryptocurrency market has had a significant impact on the eToro. The eToro CEO has even claimed cryptocurrency could “potentially be as big as the Internet, even bigger.” The optimistic CEO wenton to appreciate the growingeToro platform and the increasing number of thosewho are using eToro as their preferred investment and trading platform for cryptocurrencies.

But, the growth has raised some issues both from a technical standpoint, as well as some challenges when it comes to customer service. Due to problems in delays, eToro has been working hard to restore full functionality to all its users by employing more people, using more servers than before and in general speeding up the processing of new clients into the eToro ecosystem. Thereby promising a smoother and better eToro than before.

How eToro protects its users

Furthermore, there have been some warnings surrounding cryptocurrency as it is still in its infancy and is potentially unstable. Therefore, eToro is also subject to these failures or instability in the cryptocurrency department just like other cryptocurrency traders. However, some measures such as disabling the ability to open, edit or close trades when the market is unstable will help protect clients and users.

Due to the instability of the cryptocurrency market, the CEO has encouraged users to split their capital across multiple investments and has taken the opportunity to highlight some of eToro’s other services, namely CopyFunds.

What is CopyFunds?

CopFunds is an algorithm powered portfolio manager done at the press of a button. This allows you to have diverse investments in different things like stocks, commodities, Forex trading and last but not least, cryptocurrency. CopyFunds allows its users to make long-term investments and copy trading habits from top performing traders. CopyFunds allows it’s users to make safe investments and build a large diverse portfolio very easily.

The current state of cryptocurrency

Advising against complete dependency on the cryptocurrency market was reiterated by the CEO, and opportunities to invest in other markets that have been just as successful in recent years was highlighted.The main focus was on how volatile the current cryptocurrency market is. Additionally, there is lack of data on how it will perform in the long run and so, it is not supervised by any EU regulatory framework. Despite performing well in the past 5 years, there is still not sufficient data to justify a large investment and fully commit to it, as it is a risk.

Conclusion

The CEO has shown interest in the recent growth in cryptocurrency and its trading potential in the market but has also cautioned the users to be wary of common pitfalls such as investing everything in one place. And so, he has encouraged users of the eToro platform to continue with creating diverse portfolios with the help of CopyFunds and not just for cryptocurrency trading purposes, thereby spreading and securing investments and allowing it to automatically copy experienced traders to make smarter deals and trades overall. Therefore, resulting in a satisfied customer base.

For more info, please visit: ETORO broker review

Six Reasons For You To Be An eToro Partner

1 – Promote a trusted broker regulated by CySEC, FCA

eToro takes all types of necessary actions to keep you and your investments secure. All the client’s personal information and funds are always safe and secure on eToro. The highest standards of cyber security is ensured and the funds are in the safest possible place – such as in tier 1 European banks

2- Get support from experienced Affiliate and IB Managers who are dedicated to your success

You can take advantage of the affiliate program of eToro even if you don’t have a website. You can reach your audience in multiple ways, such as – blog posts, videos, and social media groups. These options are free and efficient to manage and use. Experienced affiliate and IB managers are always there to help you and guide you through. The IB and affiliate managers can help you with both affiliation and other trading procedures anytime.

3 – Performing and unique banners, landing pages and widgets

eToro has done an excellent job of creating a good performing platform. People are working hard day and night to keep eToro up and running, thus your trading operations can take place smoothly anytime during the day. The banners are unique and advanced widgets along with proper landing pages. All this ensures the smooth and high-quality experience for your trading operations. 

4 – Enjoy a great self-converting product

eToro is designed in such a way, that you will earn through investing in an automated system. eToro can make a profit only if the members make a profit, hence the platform is automated to convert profit. Even if you are a beginner, you are destined to succeed through this self-converting product. Your trading habits are automated, and your funds can copy the actions of other successful traders. This financial instrument is called copy funds.

5- You’ll find that our detailed reporting is fast and simple to use

eToro uses its fast and efficient technology to keep you updated. Over the years, they have been constantly working to develop new tools that enable members of eToro to become a successful trader on their own. All the reporting is designed and displayed in a simple way that even the beginners can understand easily. The procedures are simple and you will get proper guidance in every step, so the processes are fast and easy to use.

6 – New! Gain a competitive edge with the help of our education center

You want to make the best possible decision for investing so that you can earn from your initial investments. eToro is dedicated to ensuring your success, hence the education center is available to you all time to support you. You will find all the resources you need to understand and learn about the investment process on eToro. You can learn more about online trading simply and quickly. It doesn’t matter if you are a pro or a beginner, you will find all type of answers to your trading questions.

eToro features live webinars, you can join live and learn your own way. With the help of eToro’s top trading experts, you will get the best tips and advice to continue. You can also go for eCourse of eToro, this will allow you to learn at your own pace. Even for a beginner, there is a specific course that you can master and learn more. If you are not a big fan of reading articles, then you can go for eToros trading videos. This will suit yourself up to be a better trader.

For more info, please visit: ETORO broker review

Some Useful Tips For Social Trading On eToro

Social trading is not that complicated as people think. With the proper guidelines and tips, it’s as easy as writing your name on the paper. So, here are few tips that might be helpful to you.

Familiarize yourself with the basic structure of the website, most notably the Newsfeed, Portfolio, Watchlist, People and Markets tabs. They are crucial to navigating the site properly and will provide you with necessary information.

By using the ‘People’ tab on the site, you can find the most popular investors. They are the best traders and, intuitively, you should be copying them to find the perfect ones that match your requirements. You can fine-tune your search using various filters. One of the filters allows you to specify your region of interest down to the country of origin of the investor you wish to copy. Besides, you can make smarter financial choices by filtering by an investor’s gain, the risk associated with copying them and the markets they invest in. Moreover, you can narrow it down further by specifying a time slot during which that particular investor made that gain. You can access this information by going into their profile. Checking is very important in order to avoid copying unreliable traders which will end up harming your investments in the long run. Finally, make sure to copy active users that tend to share more about their latest investments and more interactive socially. Timing is very crucial when trading and so, ensuring that the person you copy has a healthy history of trades is imperative. Greed is not a good idea when it comes to trading and because of that, you should spend some time going through the long-term analytics of a trader before copying them. Going for short-term bursts of profit is not recommended and a steadier increase is far more beneficial.

After you’ve selected the traders you want to copy, you can use the CopyTrader^TM system to drastically reduce the amount of effort you need to make. CopyTrader allows you to automatically copy someone far more experienced in trading and do everything in simultaneously with them. Thereby allowing you to concentrate on other tasks while CopyTrader automatically handles your work for you. However, since it is fully automated, the process of choosing a worthy trader to copy is critical.

eToro has a specialized program for skilled traders which encourages them to share their insights on trading for wonderful benefits while promoting responsible trading habits. You can join the program and prove your eligibility by proving you are a low risk-high return trader and you are respectably proficient at trading. Once you become a Popular Investor, the rewards are almost limitless. For every copier you have you get up to a 25% commission off of their revenue. There is no limit to the number of people who can copy you and so, there is no limit to the amount of commission you receive. Moreover, there are 4 main groups that, depending on your performance, grant you special benefits. These include the Cadet, Rising Star, Champion and Elite groups, each with their own special perks and benefits for the Popular Investor that greatly boost the profits you can make. Therefore, becoming a Popular Investor is a very exciting goal to set  for yourself.

For more information please visit : ETORO broker review

5 Pro tips to trade successfully in eToro

Sometimes new traders are overwhelmed with so many features and stats. They are often confused about what to do and how to do.

What they need is some guidelines and instruction to get going with eToro and trade successfully. So here are 5 tips that you can use to be more efficient in trading.

Pick a style, any style you want

Not all ventures are appropriate for all financial specialists. At the end of the day, your venture action, regardless of whether you're putting resources into business sectors or in duplicating different financial specialists, should relate to your record estimate, to your access and other individual elements. If your record is little, you need to downsize your action with the goal that you don't risk excessively on any one exchange. In case you're not accessible to screen your portfolio continually, don't open high-risk here and now positions that require a speedy petition and don't duplicate high-chance merchants.

Watch and Learn

The eToro OpenBook social investmentis arranged there to associate you with different traders so you can gain from and share thoughts with them. Pick traders who have a comparable exchanging style to yours and tail them so you can take in their systems and methods. Following different traders can likewise cognizant you to possibly beneficial speculation openings.

Diversification is the name of the game

A well-diversified portfolio protects your account from the market's many whims and mood swings. Copying other investors is already an excellent way to diversify your portfolio, as each investor has positions in many markets. However, it is also important to diversify your copy trading activity and spread your copy trading funds among as many investors as you can find. Just as the markets can have a sudden fall, so an investor you’re copying can have a bad day.

Test drive your investors

While looking for a potential investor to copy, you don't need to envision the sort of profits they can make you. That is the thing that your demo account is for. Just begin copying them with your demo record and perceive how they do over a specific trial (ideally no not as much as a month). At that point, if you find that their execution satisfies your benchmarks, you can begin copying them with your original cash account.

Learn to cut Strings

Indeed, even the most encouraging investor can disappoint you. When you see that a dealer you're copying is reliably losing you cash, it's an ideal opportunity to cut the strings and uncopy them. Having said that, remember that anybody can have a losing streak, so watch out on the investor's vacant positions and available value to check whether there's as yet a possibility for a turnaround.

Bottom Line:

These tips have been proved very useful to many traders, new or experienced. If you can implement them in your trading, you are sure to get some outstanding performance results.

For more information please visit : ETORO broker review

Hot To Get Started With eToro

The world of online trading can be overwhelming, especially for newcomers. It's not easy for them to jump right into the trading world.

There are a lot to know, a lot to learn about this complicated world. But all of this can be easy for you if you have a user-friendly platform to guide you. And that's why eToro is much popular among new traders.

Despite being a super easy platform, new traders have some queries about getting started with eToro. Here are 3 recommended ways that you can get started with eToro:

Copy other investors & traders 

CopyTrading is perhaps the most interesting feature on this platform. Since 2010, eToro gave their traders the use of CopyTrading feature.

With CopyTrading, one trader can easily see what experienced, and expert traders are doing with the market. If you think that their strategy is on-point and you can do some good with their plans, eToro lets you copy and implement them to your account.

Not only will you get their actions in your account at that time, but also in the future, all their actions get to your portfolio in real time. So whatever the trader does, your account does that too. And if you don't find their actions helpful, you can choose someone else at any time.

As all the information, data, and statistics are available for everyone to see, it is easier to analyze them to predict few marketing factors. 

Also, the popular investors get rewards as they gain more and more copiers.

Practice with your virtual account 

Not everyone is well aware of the market risk, strategies or other factors. That’s why they are more likely to make a mistake with their investment.

But eToro has you covered.

As soon as you sign up on their platform, you are given a virtual account with $10,000. With this account, you can easily practice investing on the market without losing any actual money.

This is a great way to train yourself for the competitive market. Practice investing, lose money, earn a profit, and much more without spending your actual cash.

Start Investing or trading manually

When you are done investing your virtual money in your virtual account, you can begin to trade or invest for real. But make sure you have all the necessary information about the platform before putting your money at stake.

But once you know everything you need, it’s not much difficult to put your stake on the market manually. eToro platform includes many features like stop loss, short orders, technical analysis, etc. These features are a great help to ensure easy trading for traders.

You can create a watch-list for you to follow all your favorite asset with eToro platform. You can also get real-time updates about them on your phones right away. Track each asset's performance with the detailed charts. Besides, you can use the unique ProCharts tool to create layouts that compare asset over various time periods. If you want, you can save them too and open to see again when you need those personalized layouts.

For more information please visit : ETORO broker review

Why eToro over any other Forex Broker

Almost 4 million people are trading over eToro, right now. But why people chose eToro over any other Forex broker? 

Well, you are about to find out why eToro is preferred over any other US client-friendly Forex brokers. For that, stick with us - as we Review eToro and point out what makes a good Forex platform for traders.

Easy-to-use Trading Platform 

Simplicity is the key ingredient to any trade. And the guys from eToro understand the need of simplicity to the entire process of trading for becoming the best Forex broker.  That's why eToro guys developed and put together a flexible trading platform that is super-fast, easy, and convenient to access the financial market.

They provide a magnificent combination of easy and simple to use trading platforms, even when you are on the go. Apparently, this makes a large social trading network for appealing every level of trading experiences.

Social Trading

Traders who are willing to trade with eToro will have access to world's biggest investment network where they can benefit from the collective wisdom and experience of the trading community. 

If you find yourself clueless about the plan you should go with for a beneficial investment, you can take help from the experienced ones from the community. You can do it in two ways. You can either seek the help of live chat for traders, where you can ask and get all the help from the helpful trading community. Or you can stay up-to-date with the discussion boards, where experts discuss their ideas very often. 

This social trading system of eToro enables their clients to find expert traders so that you can learn and copy their strategies for a beneficial investment.


Responsible Trading 

It's tough for anew trader to get involved in Forex trading without having the knowledge and prior experience with the market. But at eToro, you are guided by responsible tools that not only will help you invest in the right place and the right amount, but also it’ll calculate the risks and possibilities for a secure trade. 

Their responsible trading features like pre-set leverage setting have been proven a great help to the newcomers in the industry.

Personal Service for Customers

Every new trader in eToro will be enrolled in one of their exclusive trader programs and receive all the benefits, helps, and assistance from eToro’s personal service culture. 

Their dedicated account team is always ready to help the customers with the best investment possible at the time. The market analysis team will keep you up-to-date with everything happening in the market so that you don’t miss out anything. To be honest, they are really dedicated and concerned about their customer's well-being.

Practice for Free

For new traders, eToro has a huge collection of courses, training, and market information that help them to grow as an expert trader. These courses are prepared in a way that everyone can get into the trading market without having any prior knowledge. 

They offer a free practice account for every customer so that the newbie can learn by making mistakes. You will be credited a total of 10,000 USD in that virtual account just to see how well you can do with the amount. So you can learn, practice, make mistakes, and learn again to be a pro level trader.

See, Follow, and Copy

New traders can also follow the trading stats of expert and experienced traders in the community. And if he wants, he can copy their trades and use them for investing his own money.

For more information please visit : ETORO broker review

What tools does eToro include and how to take advantage of them

eToro is one of the few known brokers who offer an alternative to the typical MT4 platform, .It provides its traders with a complete suite of online trading solutions, giving the opportunity for its traders to invest according to their specific needs.

These platforms are:

• eToro's unique online WebTrader can be used anywhere, without downloading the eToro's desktop trading

• eToro's Mobile Trader, a platform available on mobile devices for those multi-tasking traders who want to keep track of their accounts in real time.

• eToro's OpenBook, eToro's social platform and one of its most innovating platforms, allowing newcomers and regular traders to search the best traders, copy their investments and earn profits from them.

eToro's unique social network gives the opportunity to new users and people with limited knowledge or experience of financial markets.This allows them to follow market analysis done by experienced traders, or just copy their trade positions. In shorter terms, eToro's social trading network lets its users find and copy trading positions from experienced traders.

This amazing process is available to eToro's CopyTrader tool, a system that enables you to copy other investors automatically and manage your copy trading activity in the same way you would handle investments in any different market. It is as simple as finding the perfect investor you want to copy, deciding if you wish to copy the investor's already open trades, and clicking the Copy button.

After you automatically copy every trading action made by the copied investor of your choice, including opening new trades, and every time he stops and closes positions. Although you are copying every economic activity, you retain control of your funds, as you can change the allocation amounts to each trader or close the CopyTrader relationship altogether whenever you see fit.

eToro's social network is composed of over 3 million investors, so it might be hard for some traders to find the investors that are good for them, luckily, eToro's release d the People Discovery tool, a simple search mechanism that makes it easy to find traders according to your specific needs, just by selecting various parameter settings and instantly get a list of all the traders that match your criteria for you to follow or copy. You can even save your search results or share it with the rest of the eToro OpenBook community.

There is also a widget, found in the "trading Tools" section of the eToro WebTrader, called Top Traders' Insights, where it collects data from its top 1,000 most profitable traders to give an insight into which markets they're investing. It displays the top 10 most traded instruments, along with a breakdown into buying and sell positions, giving an overall measurement of the sentiment among its most successful investors.

For those who are starting to trade and aren't convinced with OpenBook and all eToro's tools, eToro also offers a "Trading Academy" with webinars, education centre, an eCourse, trading tips and leverage and margin tools.

For more information please visit : ETORO broker review

How to invest and trade efficiently with eToro

eToro is more than an online broker. It is a robust web of social investment, which can be used to select thousands of experienced investors around the world and copy their operations. This way, users can make use of the talent and experience of the best traders and get assistance from them, and at the same time, learn to invest in the stock market by analysing their operations.

Some users like to invest by buying something that will economically benefit them in a long-term future.Others prefer to speculate in the stock market, which is buying a good stock and hoping its price will go up shortly so they can sell it and get its benefits earlier.

After signing up for eToro.com and making your first deposit (The minimum deposit is $200), it is recommended to spend $100 to copy someone. A good thing to point out is, try to avoid searching for the 'most copied' and blindly copy the top results. If  a few people copy a trader for the wrong reasons, that trader can quickly 'go viral'.

Once you find a trader who you feel is reliable, open their profile and click onto the blue 'copy' button. Enter an amount with which to copy that trader, and some useful information will appear (Like copying open trades, the average copied trade size depends on the amount you're spending and, stop copying if losses exceed "x" amount).

If you copy a trader with $100, then the "Average copied trade size" leads to how the copying works in real dollar terms. For example, if you send $100 and the average copied trade size shows $2.28, each trade you copy would be $2.28, just 2.28% of the total ($2.28 out of the $100) of your total investment.

In the portfolio tab, you will be able to see your open trades, the actual trading area. Here you have access to all your current open positions (and can close them) and can keep track of your record of trading history.
Once you have enough experience trading with eToro and have received some benefits from copying other traders, you might want to start thinking about making your own trades.

Even though you'll need to work a bit harder and do your own research, you don't need to be a financial genius with decades of experience to make money trading yourself.

After researching and picking stocks or companies you believe are in a healthy and robust position to resist market shocks and therefore want to invest in, you canclick on 'Trade Markets', then 'Stocks', then 'Industry'. Choose an industry, and you will then, be presented with a list of all consumer goods stocks tradable on eToro, along with their respective prices.

After you have chosen a stock to invest in, click on the 'Trade' button in the top right corner, enter the amount and click 'Set Order'. And remember to check the portfolio tab to see your open positions.

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