eToro founded in 2007 is a multi-asset investment platform. Invest or trade in over 2000 assets such as stocks, currencies, ETFs, commodities and Cryptoassets. eToro users can connect with, learn from, and copy or get copied by other users.
Indeed, some claim that the letter “e” for the word eToro is introduced to imply the easiness in trading via social trading platforms. eToro is one of the leading social trading platforms in the world and has grown significantly over the last few years due to increasing popularity in social trading.
The platform enables traders to follow and copy experts with eToro, while at the same time providing various tools to help traders trade more effectively.
eToro has a state-of-the-art trading platform that enables both beginner and expert traders to make the most of the financial markets.
Rather than try and convert existing platforms to mobile trading, eToro built their new platform from scratch. They invested a lot of time and resources in creating a trading platform that is compatible across all mobile devices and works beautifully on smaller mobile screens. The free app is available for both Android and iOS and can be installed easily on all mobile phones and tablet devices. Traders can deposit and withdraw with bank level security, and trade on the go from any location on the planet that has network coverage.
The new eToro social trading platform is already a really big hit with traders. Instead of just offering the usual currencies, commodities, indices and stocks as CFDs, eToro allows investors to connect directly to over 5 million other social traders in more than 170 countries. Traders can set their accounts to automatically copy the trades of Popular Investors, and can ask questions, start discussions and share strategies on the online forums. Popular Investors who attract copiers receive monthly payments on top of their trading returns, and can even earn a percentage of assets under management!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
