What is eToro?
eToro is a social trading application that enables traders to benefit from one another’s knowledge and market insights. At eToro you can follow any traders you like, whether a friend or any other trader you want to track and learn from. In exchange, any other eToro users can follow your activities as well, so you too can gain a loyal following. With eToro you get live trading feeds of everyone’s activity, performance analysis and trading patterns of your own and other’s performances, and more social interaction features that can help you engage with other users.
What`s the best way to get started?
As an eToro registered user, you`re ready to go. Dive into anything you like, but on your way you might want to check out these three main features:
See what real traders are trading in real time.
Find and Follow traders, based on your personal preferences.
Copy the trades you like instantly.
How is performance calculated?
The performance displayed in in your eToro account is based on a daily or accumulative gain percentage, winning positions ratio and the number of trades. In addition, eToro shows statistics based on your trading patterns such as: instruments you trade, risk/reward levels, average trade duration and much more useful information.
How often do you update the data?
All data is updated constantly and automatically – most of the time you’ll see the live activity feed updated in real time. In certain times, it may take up to a few seconds to see your latest activities published. The public feed, in times of high volumes is designed to omit activity to allow for better browsing experience. The filtered feed (traders you follow) is always accurate and displays all real time activity.
What is Copy Trading?
Copy trading is one of eToro’s most powerful features. It 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 with one “click.” Copy trading will change the way you and all people trade, as it enables you to build a real people-based portfolio.
How does it work?
Copy Trading is easy as 1 – 2 – 3!
1. Find the traders you want to copy
2. Set up your Copy Trade amount
3. Manage your people-based portfolio
We encourage you to engage with the trader you are copying in order to gain insight into their strategies. Our community is all about openness, and your Popular Investors would love to explain the reasons behind their decisions.
1. Picking who to Copy
I’d like to Copy the top performing traders. Where can I find them?
Use the search function on the trading platform, check the People page, or look for feature articles on the eToro blog, in the media or on YouTube.
How do you choose the top ranked traders?
The rankings are based on total gain or winning ratio. We use several different filters and criteria to rank our top traders. Filters include, but are not limited to the following and may differ for different time periods selected:
Minimum number of positions opened or closed for a time period
Minimal winning ratio for a period
Number of days/weeks which the investor was active (had at least one open position)
Minimal average position duration
Maximum ratio of high leveraged trades
Maximum leverage amount placed in a single trade
Minimal total investment for the period
We are continuously improving our ranking algorithms and therefore, our ranking criteria may change from time to time. If you want to keep up with our product updates please follow our eToro blog. If you believe you should have been ranked and don’t see your name on the list you are more than welcome to contact us.