RevPages

eToro Social Trading

by eFactor Digital Web Developer
Join millions who've already discovered smarter investing by automatically copying the leading traders in the community, or get copied yourself to earn a second income!
Recommended Features
  • CFD Trading
  • Zero Premium
  • Lowest minimum amount to start position (only $25)
  • Flexible leverage (5 to 400)
  • Social Trading Network
Learn more about eToro Social Trading»

Review on eToro Social Trading

I am a CFD trading pro - have been doing CFD trading successfully for around 2 years now. Have seen so many sites throughout the web offering you to trade on these securities. Every sites has their pros and cons. Most important being the leverage offered, and how small is the minimum amount to open a new position.

Considering all these, I found eToro the most useful. Below we write down their benefits:

1. ZERO PREMIUM per position. Well they make money from the spreads - so they dont need this - explained by their customer service once.

2. Minimum amount to start a position is as low as $25. Thats the lowest I have seen in all the sites.

3. Flexible leverage. You can tweak the leverage from 5 to 400 - thats something really surprised me. The more the leverage - higher the profits - but chances of loss will also be high. On the other hand - you can decrease it to make safe trading.

4. Social trading and news feed. This is pretty unique feature of eToro. You can get connected to leading investors around the world, post your predictions, or follow others - just like any other social networking platforms.

5. Mandatory stop loss. Here you have to provide a stop-loss to all your trades - unlike many other platforms. That helps limiting your losses.

Well most traders don't wanna make losses at all. For that, reduce your stop-loss as low as you want - once you see your trade going the opposite way.

But for that you need to have money on your account.

As per my experience - though you can start any position with $25 - it's better you start your account with at least $500 - so that if required you can put higher stop-losses. That helps saving all your positions to go into losses.

Related to eToro Social Trading

Related Articles

Online Stock Trading with Angel Broking and Benefits of Trading Intraday Tips

In India and other foreign countries there are numerous of the online transactions which are providing the best intraday tips, suggestion, guidelines, and share market tips ...

Stock Brokers And Stock Trading Online

Online Stock Trading Today stock brokers square measure of various sorts. thence before choosing one to represent your interest concerning the exchange, you wish to seem within the following points: ...

Online Stock Trading With Low Brokerage Trading Concepts

Many people United Nations agency square measure near to begin their business life dream of beginning their own business associated become an enterprise. Share broking, conjointly called commer...

Sponsor Ads


About eFactor Digital Magnate II     Web Developer

4,465 connections, 48 recommendations, 10,412 honor points.
Joined APSense since, September 29th, 2010, From Kolkata, India.

Created on Nov 3rd 2016 15:44. Viewed 3,319 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.