It may be overwhelming to see the number of traders to follow especially when you are new to social or copy trading but having more options is actually an advantage because. That means there’s a bigger population of traders.
Who are the best traders to follow and copy?
So who are the most successful traders to follow and which of their strategies should you copy? This will totally be based on your trading experience and risk profile. It also important to check their profile and view their trading statistics to see their actual performance or historical trade results and if their portfolio matches your market interests. However, the past performance of each user doesn’t not guarantee you of future returns and should not be considered as an endorsement.
Copy Trading with eToro
eToro not only offers a social trading platform where users can connect with other traders but they also provide a community of successful traders and popular investors to watch out for. With an investment network of more than 10 million members, there’s a diversity of trading portfolios that can be followed and copied.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.