Best Traders to Copy
eToro has over 26 million traders. This gives you plenty of experienced investors to copy and follow!OPEN REAL ACCOUNT PRACTICE WITH DEMO ACCOUNT
* 68% of retail CFD accounts lose money
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.
If you're already curious about trading with eToro and wondering where to begin then the very first step is to open an account. To make things easier, you just need to click on the button to get started.
68% 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.
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.
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:
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.
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.
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:
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.
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.
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|
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.
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.
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.
Now that you have all the information that you need, you're probably more interested now to be an eToro trader and wondering where to begin. The first step is to open an account and to make things easier, you just need to click on the button to get started.
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. 68% 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.