eToro Copy Trader review by forex experts, All you need to know about eToro CopyTrader software like how to do free eToro Copy Trader download or how dose Copy Trading work, For more information about etoro copy trader success you can visit etoro review by ForexSQ.com FX trading website.
How dose Copy Trading work
Copy trading enables traders in the financial markets to automatically copy positions opened and managed by a selected investor, usually in the context of a social trading network.
Unlike mirror trading, a method that allows traders to copy specific strategies, copy trading links a portion of the copying trader’s funds to the account of the copied investor. Any trading action made thenceforth by the copied investor, such as opening a position, assigning Stop Loss and Take Profit orders, or closing a position, are also executed in the copying trader’s account according to the proportion between the copied investor’s account and the copying trader’s allotted copy forex trading funds.
The copying trader usually retains the ability to disconnect copied trades and manage them themselves. They can also close the copy relationship altogether.
Copy forex trading has led to the development of a new type of investment portfolio, which some industry insiders call “people-based” portfolios. People-based portfolios differs from traditional investment portfolios in that the investment funds are invested in other investors, rather than traditional market-based instruments.
eToro Copy Trader Review
eToro CopyTrader enables you to see what real people are trading in real-time, find and follow the traders you like, and most importantly, Copy their trading activity in one single “click.”
The eToro CopyTrader is changing the way people trade as it enables you to build a real people-based portfolio:
– $100 is the minimum amount to invest in a trader.
– 100 is the maximum amount of traders you can copy simultaneously.
– The maximum amount you can invest in a trader is $500,000.
– The minimum amount for a copied trade is $1; trades below this amount will not open.
eToro Copy Trader Tips
1.You can copy others in your virtual portfolio.
2.Only real portfolios can be copied.
eToro copy trader fees
No, you never pay to copy other traders! eToro is a social trading platform and you can set your account to automatically copy other traders without any charge. eToro is compensated through a portion of the bid/ask spread of the trades you place. Spreads remain the same regardless if you are copying someone or manually trading yourself.
eToro CopyTrader Download
To do eToro Copy Trader download you need to sign up with the broker and its free, You will receive the eToro Copy Trader download instructions in your email after sign up.
By this article about eToro Copy Trader review now you know all know about eToro CopyTrader software like how to do free eToro Copy Trader download or how dose Copy Trading work, For more information about etoro copy trader success you can visit etoro review by TopForexBrokers.com comparison and ratings forex brokers or Fxstay.com Forex trading website.
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