Copy Trading

Let’s face it, investing in the markets is not simple. To achieve their goals and make profits, traders around the world must immerse themselves in a world of accurate analysis, research, in-depth studies, and constant updates. All of this is obviously maneuvered by experiences accumulated over time, knowledge of the markets, reaction speed, and intuition. To optimize each investment, every trader must best manage the risks involved considering the characteristics of the instrument, market volatility, and the amount of capital to be committed.

From what has just been described, one might deduce that trading is suitable only for a narrow circle of professionals in the sector? Not exactly.

Indeed, for some time now, the online trading sector has been literally invaded by a revolutionary trading system, a service that allows even those without adequate skills to invest successfully: copy trading.

In summary, copy trading is a service that allows traders to copy the operations carried out by professionals in the sector and thus enjoy the same advantages. With access to platforms dedicated to the service, traders of any experience level will be able to share knowledge, strategies, operations, advice, and much more.

On copy trading platforms, traders are divided into two distinct categories:

• Master: professional who is committed to creating accurate strategies that can be copied by traders.
• Follower: trader who decides to follow the master from whom to copy the operations.

Following an expert in the field, the follower will not have to struggle in performing accurate analyses, detailed strategies, or careful research. They will simply choose which master to copy and the latter will take care of the rest. The operations that the follower decides to copy will be executed automatically on their account, and the trader will only have to wait for the results. But despite the process being automated, the trader will always have full control and can decide how much to invest in the copied operation, set up additional risk management services, close the copied operation, or no longer follow the professional. In addition to the economic benefits that can be derived from following a professional, the trader will be able to expand their own knowledge and experiences by being able to view the professional’s work.

Like most services offered by a broker, copy trading has a cost. By following a professional, the client will be required to pay a commission (which varies depending on the professional selected). But the cost that each follower will have to bear will only be calculated if the copied operation brings profits. Otherwise, the trader will not be required to face any expenses.

To actually access the service, the trader will need to connect to the dedicated platform and select the most suitable Master for their needs from whom to copy the operations.

For example: The trader decides to copy the Master “AA”

• The trader decides to copy the Master “AA”.
• Selects the operation to copy.
• Chooses the amount to invest.
• Just wait for the results.

Visit the official eToro website

eToro Social Trading

Undisputed leader in online trading, eToro is an international broker that is rigorously regulated and has literally revolutionized social trading. With millions of traders from more than 140 countries, eToro’s unparalleled social platform allows sharing knowledge and experiences and using both as excellent tools for trading.

Using state-of-the-art software and tools, the broker provides access to a wide range of social features, allowing traders of any level to easily interact on the markets.

Unlike most brokers that use external platforms to offer a copy trading service, eToro processes every operation on its own servers, without having to rely on any external intervention. This allows the broker to group both Masters and Followers in a single, imposing international community.

eToro Copy Trading

The eToro copy trading service is easy to access and features an extremely intuitive interface, suitable for both beginners and experts. To use the service, the trader will need to access the Copy People screen and select the master to follow. In the list of available masters, the trader can choose the one most suited to their needs, displaying details such as risk propensity, trading preferences, investment volume, success percentages, and much more. Among the various experts selectable, the broker also proposes the “Popular Investors”, professionals who over a given period of time have stood out for their excellent performances.

Despite the copy trading service offered by the broker being almost entirely automated, the trader will always have total control over the operations and the capital to invest. The client can indeed decide at any time whether to interrupt or pause an operation, insert additional services for risk protection, make changes on the amount of funds to invest.

Moreover, to allow so-called “undecided” traders to test the service without having to commit funds, the broker offers a demo version of the service. Opting for a demo account, the client can use $100,000 of virtual funds at zero risk to ascertain the quality of the service.

Quick copy trading.

Regardless of the customer’s experience or the time they can dedicate to their operations, the copy trading service offered by the broker allows copying the operations of experts in the sector, which through an automatic and instantaneous process will be replicated in the follower’s portfolio.

No management fees.

By opening a real eToro account, the trader can access the service without any management cost. In addition to the minimum deposit required and any commission due to the master (in case of a successful operation)

Multifunctional copy trading platform.

In addition to being able to make profits, the platform allows traders to expand their own knowledge and experiences, being able to share information and view the operations of professionals in the sector. The platform allows access to a wide range of portfolios, statistics, other traders’ risk scores, and much more. Moreover, in this revolutionary community, the trader can chat with whoever they want, analyze effective strategies, and increase their knowledge.

For optimal interaction, it will be necessary to create a detailed profile, useful information that will allow the trader to introduce themselves to the community and receive valuable statistics based on their preferences and trading habits:

Feed.

Profile section that allows the display of all social activities, including posts and comments. This tab will also include biographical data, and the trader will have to write sentences about themselves and their strategies.

Statistics.

Tab that groups the profits made and the failure/success ratio. It allows the client to best manage their operations, risk parameters, portfolio structure, and more.

Portfolio.

Part of the profile that allows community members to view a portfolio precisely, allows knowing trading preferences and other details, useful for deciding whether or not to copy the selected trader.

Chart.

This tab allows traders to access a simulation of a hypothetical investment of $10,000 on the selected trader.

Despite the broker strongly advising to provide detailed information, the trader can still decide to keep their trading activity private. If the trader does not want to share too much information, they can activate the “Private Profile” function. To customize the privacy of their profile, click on “settings” and access the “profile privacy” section.

Access eToro copy trading

Popular Investor Program

With the goal of creating an ever more efficient community and to encourage traders (both experts and novices) to share their knowledge, the broker has developed the innovative Popular Investor Program. In practice, the initiative offers rewards for the most successful copied traders. The more followers a professional manages to have, the greater the compensation they will be able to receive. The extra funds derived from the Popular Investors will be credited in addition to the commissions earned from the copied operations and can reach up to 2% of their total AUM (assets under management).

The program is accessible to traders of any level of experience. Experts and beginners can engage in creating accurate analyses and effective strategies that could potentially have excellent results.

Access the Popular Investor Program eToro

Social News Feed

An innovative feature, the personalized Social News Feed service allows the trader to integrate the vast world of social media into their online trading operations and facilitates the trader in analyzing financial instruments and selected professionals, interacting with other members of the eToro community, engaging in interesting discussions, and much more.

Just like on any other social platform in the world, the trader will have the opportunity to:

• Publish updates on their operations.
• Tag the instruments they have decided to invest in.
• Tag people interested in the topic.
• Share posts on the feed.
• Comment on posts published by other traders.
• Create totally free feeds that reflect their own interests.

Moreover, on the eToro platform, the trader will receive useful notifications when the followed master publishes a new post, liquidity changes of a selected asset, and many other important updates.

The trader will be able to receive information and share their operations on:

Facebook

Updated news published by the broker, display of new and interesting products, live broadcasts, and direct contact with the entire community.

Twitter

Through the social channel, the trader will receive real-time updates regarding the eToro platform, exclusive promotional initiatives, new news, and free access to financial conversations on the Twittersphere.

Instagram.

Quick eToro updates in a clear and precise graphic format.

YouTube.

A wide range of material, including: video tutorials, interviews, informative videos, and much more. By viewing the information on the channel, the trader can stay updated and expand their knowledge.

It is important to emphasize that the service offered by the broker, in addition to being efficient and totally transparent, is protected by strict security standards that guarantee the trader maximum confidentiality and protection of personal data. To receive more information regarding privacy and data security, visit the official website or contact the support team.

Social News Feed eToro

How to access eToro copy trading

To start investing using the service, the interested trader must be the holder of at least one rigorously verified real account. With access to their personal area, the client will have the opportunity to opt for the use of copy trading, clicking on the dedicated icon.

To access the service, just follow these very simple steps:

Step 1

To start, the interested trader will need to visit the official website and click on the “sign up” icon, visible at the top right of the page. In the new screen, it will be necessary to fill out a small form by entering: email, name, and password. Click on “create account” and accept the terms and conditions of use (after reading them carefully). The broker will send an email containing a verification code, which must be entered to validate the email address entered during registration. Enter the code and click on “Submit”

Step 2

In this step, the trader will need to enter all the required information: first name, last name, gender, date of birth, country of residence, city, address, tax code.

Step 3

Now the new client will have to answer some generic questions regarding trading that will allow the broker to assess the level of experience and knowledge. This step of the registration was created to allow the trader to choose the type of account most suited to their needs, set appropriate parameters for risk management, maximum leverage to use, etc.

Step 4

Complete the form by entering: level of education, employment, annual income, name of employer (or company for which one works), how much one is willing to invest, risk propensity, origin of funds, etc. Enter your phone number, the broker will send an SMS containing a verification code to enter. Click on “Submit”.

Step 5

To definitively activate their account, the trader will have to undergo a verification process to prove their identity and country of residence. To proceed, they will need to send a clear front and back photo of an identification document (driver’s license, ID card, passport) and a recent utility bill (electricity, gas, internet) containing the trader’s full address (which must be the same provided in the previous registration stages).

Last Step

Once deemed suitable, the trader will need to access their personal area, make the minimum deposit required to access the copy trading service, and click on “Copy Discover”. A new page will open containing the list of available managers. By clicking on the selected manager, the trader will be able to learn about their characteristics and decide whether to copy them. Once the most suitable professional has been chosen, it will be possible to copy their operations.

Open a real eToro account

eToro Account

As already explained, to be able to access the copy trading service offered by the broker, the trader must be the holder of a verified account. Subsequently, the accounts offered by the broker will be listed and described.

eToro Retail Account

An account exclusively created for retail clients, the Retail account offers traders excellent investment solutions and very high security standards (including the Investor Compensation Fund and negative balance protection). Compatible with any type of trader, it allows professionals and beginners to invest their funds on all available instruments with advantageous trading conditions. The account presents an extremely flexible structure, each client can opt for traditional trading or choose to use the Copy Trading service to copy the operations of experts in the sector and enjoy the same benefits.

It is important to specify that the maximum leverage available varies depending on the country of origin and the selected instrument. For example, in Europe, the maximum leverage offered amounts to 1:30 for major currency pairs, 1:20 for other currency pairs (such as EUR/NZD), gold, and indices, 1:10 for commodities and other indices, 1:5 for CFDs on stocks and ETFs, 1:2 for CFDs on cryptocurrency. The minimum deposit required to activate the account is $50.

Open an eToro Retail account

Professional Account

A type of account created exclusively for experienced traders who need conditions and functions aimed at professional trading. Given the high risk propensity and the amount of funds committed, clients who decide to opt for this type of account will not be protected by the Investor Compensation Fund and the Financial Ombudsman Service. The maximum leverage usable is 1:400.

Compared to the Retail account, commissions and spreads are reduced.

To be able to request a Professional account, the trader must open a Retail account, verify it, and meet the following conditions:

• Have a portfolio of no less than $500,000 (excluding cash).
• Have made at least ten transactions with a total value of $500,000 in the short term.
• Have at least one year of experience in the financial sector.

Open a Professional eToro account