Why to use eToro
The company is the first social network in the world offering such service to all its customers. The brand has a long history connected with many innovative solutions that just create the trends. That's why using the leader will give you only benefits.
The platform has online and mobile version. Both of them the support the three different types of software - Market Trades, Copy Funds and Copy People. Each one has its advantages, but all of them are built to offer the ultimate solution for every trader.
- Premium Account for VIP Clients
- Monthly Promotions
- Top Copy-Trading Software
- Over 4,500,000 customers
- Get paid for followers
- Classic WebTrader
- Copy Fund Bundles
- Refer a friend
- VIP Trading
- Unique offers
- Education Center
- Trading Tips
- Leverage and Margin
- CopyTrader ™
- People Discovery (Beta)
- Traders' Insights
- Economic Calendar
- Pips Calculator
- Market News
- Natural Gas
- US Stocks / ETFs
- US Dollar Index
- Russia GDRs
- Instant mobile site
- iTunes App
- Android App
- Diners Club
- Help Center
eToro Account Types
The social trading is something very interesting and it has big potential for every type of traders today. The most popular among all accounts is the classic trading version. It's dedicated to trade for real using the results of professionals. That's the most powerful instrument.
The interesting feature here is available at the Pro account. It's made for Experts and you can gain extra profit by getting more followers who copy your results. This system has to be maintained by real people, so it's something like a salary or extra bonus based on the number of followers.
These are the most popular accounts at eToro:
- Free account - practice mode, demo money, only to test how it works
- Classic - to trade using the social network
- Premium - if you're an investor or prefer to put more money
- Expert - it's called 'Popular Investor Program' with 2% management fee and enjoy a 100% spread rebate
Whatever is your choice, it's better first to try the demo account, just to discover how to use the eToro network.
Getting Started with eToro
It's easy to see how promising is this service. Now it comes to the moment how to get started and what's the profit of copy trading. Many people think it's very low, other decide to search for a reason to join the network by reading more and more reviews or even fake promises about how rich you can become.
The most important thing you should consider is that your results depend on the results of the Pro traders. If you make a smart research on top traders and use only specific decisions made by them - it's very easy and it depends on the capital you can afford.
How to get started and get the answers of all your questions:
Create an account
It's really free and you can test the whole process with risk free demo money. It's good to make a social profile like any other network by putting some image, add more information about you. In some moment you will discuss your trades with real experts, it's good to look serious.
Explore the trading
You can choose from the classic FX version which is pretty simple. The Copy-Trading tools are called 'Copy People' and 'Copy Funds'. The difference between the Copy-Version is that the first one is to follow individuals, the second one is to follow the successful results by type of market.
Make a deposit
You can use PayPal, credit card, online wallet, debit card or some other method. To start the real process, you'll need to have some funds in your account. The minimum deposit is only $50.
Start following Experts
Now, when you're ready, it's time to choose the Pro traders and follow their results. Start with smaller investment just to build confidence and get some good profit with this process. Then, you can move to the next level
Actually, you need just to deposit money and choose the right people, that's enough to get success.
Analyze your results and continue with your goals
Track your profit and see you how to achieve better results. Invite your friends to trade together - you will receive trading bonus in cash for each friend and he/she will receive extra bonus too.
Stay connected to gain profit
open demo account eToro is really the best place to use social trading instruments and get profit just copying the best performed traders from all over the world. You have a great chance to open a demo account and test the process for free. That's how it works for everyone.