eToro has millions of traders from over 140 countries that they support with millions of trades executed on average per month via their web-based platform or mobile apps.
The number of their global clients have grown significantly due to the increasing interest of users in the financial markets.
If you would like to know more information about eToro’s traders, then this page has all the information you will need.
Already interested become an eToro trader?
78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Number of Traders
Below are the number of registered users that eToro has attained based on their Q4 2021 Investor Update (March 2022):
Looking at the graph below which is based on these figures stated, eToro managed to add over a million clients each year and this is most likely due to their increasing popularity and good trader reviews.
eToro’s copytrader function allows users to view the portfolios of other experienced traders and build their own portfolio by using the wisdom of these skilled users. Users have the option to follow them and copy their trading positions.
Best eToro Traders
Finding the top forex, stock, index, commodity, crypto or ETF traders on eToro can be done in a number of ways. Recommended traders may be viewed according to the following:
- Editor's Choice
- Most Copied
- Long-Term Investors
- Long-short Investors
- Multi-strategy Investors
The platform also has a lot of filters so you can customize the list of top traders to copy. Their performance can be filtered according to their return, risk score, Copy AUM and number of copiers.
In addition, it can further be refined using advanced filters such as their profitable trades, number of traders, average position size, daily drawdown, weekly drawdown and country.
Following a Trader
Similar to what a “follow” means in social networking sites like Facebook and Twitter, following a trader means you will be able to see their updates on your newsfeed so if they post an update or announcement then you will be able to read them since you are subscribed to their posts.
Copying Their Positions
With eToro’s copy trading feature, users can replicate the trading activities and strategies of more seasoned and skilled traders who are also using the platform.
Copying starts after you have allocated an amount from your capital which will be used to copy a specific trader so once they open a buy or sell position for a specific asset, that amount of your copy fund will automatically open its equivalent position.
The following are the conditions in order to copy a trader:
- $200 minimum amount to invest or copy a trader.
- 100 maximum number of traders can be copied at the same time.
- $500000 maximum amount can be invested to copy one trader.
- $1 minimum amount for a copied trade.
Can I Contact a Trader?
There is no option in the eToro platform to directly contact a trader or send them a private message. You can however interact with them by posting a comment on the posts from their feeds.
Trader’s Insight Widget
Some eToro affiliates and partners are using an “eToro Trader's Insight” widget on their websites. This features the popularity and trend of trades for currencies, commodities and indices. It also has rates of the listed asset’s buy and sell percentage rate based on the data provided by eToro.
Keep in mind that these are not meant to be used as an investment advice.
eToro Star Colors Meaning
For traders who are under eToro’s Popular Investor Programme, their profiles are going to have stars and the colors are based on their current levels.
|Star Color||Popular Investor Level|
|Black ★||Elite Pro|
How to See Order of a Trader?
If you want view all the active orders of a specific trader then go to his/her profile and click on “Portfolio”. Via this page, you will be able to see all the open positions and more information including the instrument (market), the position that was opened (buy/sell), the amount invested, the profit or loss rate and the value.
The user might have opened several positions for each asset so you need to click on that asset if you want to see all of the current orders for that underlying instrument.
Does eToro Allow US Traders?
Yes. eToro is available for US traders who based there as residents. They have already launched the phase 1 of their services in the USA on July 2018 and are already available on a number of states and territories except for American Samoa, Guam, Hawaii and the US Virgin Islands.
Residents from Delaware, Minnesota, New Hampshire, New York, Nevada, Puerto Rico and Tennessee can register for an account but won’t be able to trade for the meantime.
Via this phase, their clients can trade cryptocurrencies on their platform.
How to Become an eToro Trader?
To be an eToro trader, you simply need to open an account and fund it so you can start investing via their platforms. If you're ready to register right now, you can click here and you'll be directed to the sign-up page.
Ready to become an eToro trader? The first step to take is to open an account.
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. 78% 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. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
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.