Tips and tricks

Can you actually make money on eToro?

Can you actually make money on eToro?

Yes, it is possible to profit from copy trading in platforms such as eToro, but it is not easy, and you shouldn’t expect instant riches from it.

How do you make money on eToro?

To do so, follow these steps:

  1. Click on the relevant trade in your Portfolio to open the Edit Trade window.
  2. Click on TAKE PROFIT. If there is currently no Take Profit and you wish to add one, click Set TP.
  3. Adjust your Take Profit setting.
  4. Click Update in order to save the change.

How successful is eToro?

Lockdown turned record numbers of people into self-directed investors, but copy trading could be the key to investment success. The world’s largest online investment platforms added 11 million customers in 2020, with eToro at the top having added 5 million users, according to Trading Platforms.

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Is eToro a good way to invest?

eToro is excellent for social copy trading and cryptocurrency trading, and is our top pick for both categories in 2021. Furthermore, eToro offers a user-friendly web platform and mobile app that is great for casual investors, including beginners.

Who is the best copy trader?

After testing 27 brokers across 105 variables, here are the best forex brokers for copy trading.

  • eToro – Best overall platform for copy trading.
  • AvaTrade – MetaTrader suite, ZuluTrade and DupliTrade.
  • Pepperstone – MetaTrader and cTrader platform suites.
  • Vantage – MetaTrader, ZuluTrade, DupliTrade, and Myfxbook.

Who is the best trader in eToro?

Best eToro Traders compared

Trader Name Risk Score Copiers
Jeppe Kirk Bonde 4 23408
Heloise Greeff 4 20794
Christian Kongsted 3 21347
Vicente Rodriguez 4 2453

Is Degiro better than eToro?

DEGIRO is suited to European countries, while eToro is more of an international brokerage. Now, for Swiss investors, DEGIRO is much better than eToro. Since eToro does not support CHF deposits, you will have to convert your money yourself either with your bank or with a service such as Revolut.

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