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Copy Trading Explained
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In 2010, eToro first introduced social trading, forever revolutionizing the world of online finance. Now, you and millions of other eToro users can harness the wisdom of the crowd to trade and invest online.
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What is CopyTrader?
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CopyTrader™ invented by eToro, enables people to allocate some of their funds to replicate the actions of another trader. Therefore, those who lack time or experience, or simply wish to take less of a “hands-on” approach, could consider using CopyTrader. With CopyTrader, eToro users have the ability to copy a talented investor with a proven track record.
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How does copy trading work?
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Copy trading on eToro is part of the platform’s intuitive, easy-to-use interface. Once you copy another trader, any trading action they make is replicated proportionately in your portfolio. For example, if you copy another trader with $1,000 and they allocate 10% of their equity to invest in Apple stock, then a $100 position on Apple will be opened in your account. When they trade, you trade, it’s that simple.
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How can I copy other traders on eToro?
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You can locate traders on eToro using a variety of measures, including advanced search or the Editor’s Choice section. Once you find a trader you’d like to copy, simply hit the ‘Copy’ button and select the amount you wish to allocate. Remember to adjust your Copy Stop Loss setting, which will automatically close the copy if a certain amount of loss is reached.
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Find People to Copy
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4 years ago - no-reply@connect.etoro.com
Learn about eToro’s social trading revolution View Online Copy Trading Explained In 2010, eToro f...