eToro top 5 reasons to invest
If you are looking for a platform that has everything you could want and more, look no further than eToro. Having all your investments is very convenient, and thanks to their CFD (contract for difference) system buying and selling can be done in moments. The investments they offer include stocks, currencies, commodities, indices, ETFs, crypto, and even people. That’s right if you believe in a trader, you can invest in them and copy their investments to a tee. There are minimal fees and no commission on trades, just a small withdrawal fee.
1. All Investments in one platform
eToro has every major investment in one place and ready to buy at your convenience. The investments include currencies, commodities, stocks, ETFs, Crypto, and people. You can buy and sell any of these assets at any time using the same account for all of them. (eToro Top 1).
2. Copy Trading
Have you ever observed or learned from a trader and wanted to know exactly how they got their insane returns? eToro makes this possible by introducing Copy Trading. With Copy Trading on eToro you can choose from hundreds of traders in multiple industries; look at their profile and performance and decide which you want to invest in. Once you pick a trader decide the amount of capital you want to invest and it will automatically follow that trader’s every move. Understanding which trader or investment can be challenging, which is why AllCopyTrading is here to teach you and guide you towards your goal! (eToro Top 2).
3. Social Trading Network
With 5 million users in over 170 countries, eToro is the Facebook of investing. Become part of a network of expert investors that you can interact, learn, and copy from. Also, share your thoughts and questions on any investment with hundreds of other people and see what they have to say. (eToro Top 3).
4. Fees and Commissions
Fees and commissions can eat into your profits and make investing a hassle. eToro has the following industry competitive fee and commission rates. There is no charge for commissions on any trades. There is also no deposit or custody fee. However, there is a small $25 withdrawal fee and overnight fees which vary by product. (eToro Top 4).
5. You can start for free
Want to try out the platform before investing your money in it? That is fine eToro offers a free Demo Account. A Demo Account allows you to invest with $100,000 of paper money with no minimum deposit or fee. You also get to take part of the copy and social trading network of 5 million people. (eToro Top 5).
If you need more information about how to set up an eToro demo account do not hesitate to contact us, it will be a pleasure to assist you.
Remember that you have all the information about copy trading in our sections:
- Platforms: Information of each of the platforms of copy trading. Go to Platforms
- Guides: The best guides on copy trading. Go to Guides
- Reviews: Best reviews on copy trading platforms. Go to Reviews
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Currency trading with leverage implies an important risk for the investor and there is always the possibility of losses. These instruments carry a high risk if they are not managed properly and a profit can quickly become loss as a result of price changes. Due to the risk factor inherent to this type of trade, only funds intended for risk investments should be used. If you do not have extra capital you may be willing to lose, you should not trade in the forex market. It has never been proven that there is any system or portfolio of systems that is completely safe and no one can insure future profits or losses. Before you start trading in the forex market you should think carefully about your goals as an investor, your level as an investor and your risk aversion to determine if this is the type of investment you want to make. If you are in doubt you should seek advice from a professional financial advisor to advise you about the investment.