What Is Social Trading?
Social trading is
the newest, most exciting and most rewarding way for you to get access
to the financial markets. By linking traders from all over the world
into one big network, social trading empowers traders to use each
other’s skills to trade smarter together, and that collective wisdom can
take your trading to a level you never thought possible before.
As the world’s largest online financial trading community,
nobody can offer your trading more of a social boost than eToro. And
since we’re convinced that social trading is the way to the future of
financial investment, we are constantly developing new tools to harness
the unlimited possibilities of trading as a community. With such ground
breaking features as CopyTrade,
InvestorFinder, and much more to come, we are making it easier than
ever for you to monetize not just your own potential, but that of your
fellow traders!
So how does social trading work?
eToro’s social investment network works on several levels, enabling you
to utilize social trading as it suits you. Whatever your financial
investment goals or style, social trading is sure to enrich your trading
experience.
See
The most basic function of the social investment network is to bring you
live feeds of trading activity. That means that you’re exposed to what
you’re fellow traders are doing in the financial market at any given
time. How does that benefit you? Information is power, and staying
informed about what other traders are doing gives you valuable insight
into market trends, innovative strategies and trading ideas.
Follow
Naturally, you would probably be more interested in looking at certain
traders’ market activity more than others’. You can do so by choosing to
“Follow” the traders that you find more interesting. You can also get
more information on each trader and even get in touch with them in
person through their personal profiles. If you’re not sure which traders
you want to follow, use the rankings or the “Investor Finder” to search
the network according to your preferences.
Copy
The most direct way to benefit from social trading is to copy. If you
spot a particularly promising investor in your live feed, in our
investor rankings, or using our People Discovery tool, you can decide to
allot a certain percentage of your funds to copying this investor. All
you have to do is click on “Copy” and choose your investment amount to
start copying their trades automatically. In fact you can even dedicate
your entire account to copying other successful investors using the
CopyTrader function, building what we call a “people-based” portfolio!
The best part of CopyTrader is that you retain full control of your
funds – you can pause or resume your copy activity, set a Copy Stop
Loss, or simply close your copy relationship altogether whenever you see
fit.
Past performance is not an indication of future results
What can social trading do for me?
However experienced you are as a trader, and however you like to
interact with others, our social trading community is rich with benefits and opportunities.
Beginner Traders
- Pick out your Popular Investors – follow their trades, learn from their trading method and copy their trades automatically
- Track the ongoing performance of any trader through a series of simple tools and keep easily informed on everything they’re doing
- Interact with other traders to get useful tips and advice
- Keep your finger on investor sentiment
Popular Investor
- Allow others to copy your investments
- Recruit copiers and get rewarded
- Gain recognition as a successful investor
- Become a Popular Investor and receive monthly payments*
* Subject to payment eligibility
