Copy trading is one of the founding principles of eToro. Traders exchanged information and copied trades through the ‘prototype’ of the social platform in 2010.
Since then, the broker has maintained its market leadership and has become the largest broker on the market. An in-depth review of the eToro copy trading platform has been published by Traders Union, including a detailed analysis of all its important features, trading terms, and copy-trading opportunities. Just learn how to copy trade on eToro?
Copy-trading – what does it mean?
The copy trading method of joint investment is gaining popularity in the financial markets. Professional traders can send trading signals to less-experienced network members. As soon as you subscribe to the manager, all orders and trades on the manager’s account will automatically be copied to your account at a specified ratio.
This broker provides a large and advanced social trading network. A low entry threshold is one of its key features and its favourable trading conditions, excellent functionality, and simplicity.
How to copy trade on eToro? The steps to copy trades on eToro
On eToro, you can copy trades after selecting a trader. In the profiles of selected traders, you will find the Copy button. Click it. Custom copy settings will be displayed. There are two criteria to choose from on this page:
# The trader trades will automatically be copied after you click the Copy button again. Your eToro Portfolio will display the results.
# Additionally, you can stop and add or reduce copying within the tab and set additional risk criteria. Depending on how risk management rules are followed, it takes a couple of months to see more or less objective outcomes.
On eToro, a copy portfolio is an option available in the same section as copy people. You can search and subscribe to individual traders using the same filters and instruments. Performances, risk scores, etc., are available as filters. How to copy trade on eToro is done by following these two criteria.
eToro Australia – Best in Copy Trading
Online copy trading has become immensely popular in recent years. Essentially, you use the system to make passive income – you “subscribe” to trades made by more experienced traders and copy their work with your own money. Etoro fees Australia accounts are free to open, and there are zero management fees for trades or investments.
The eToro Australia copy trading platform is extremely well developed. In addition to demo accounts, you can get a $100,000 virtual bonus on registering that you can use before depositing any money.
General Condition
How to copy trade on eToro? The general trading conditions (for stocks and other instruments) are fairly favourable. When you are ready to open a real account after practicing with a demo one, you must deposit USD 200 for the first time but USD 50 for all subsequent deposits. A USD 500 account is required for copy trading – and the leverage is regulated by European standards (5x exposure).