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Dubbed the most social investment platform, eToro provides a powerful trading app with the community feel and global reach of your favourite social media app!
What does this mean for you, as a user? Well, in addition to the countless investment courses, podcasts, and webinars at eToro Academy, this community gives hands-on advice to trading newbies and investment pros alike.
Providing new users with a $100,000 demo account, eToro also allows aspiring investors to practice with a virtual portfolio made up of stocks, crypto, ETFs and more — honing your trading skills and building your confidence.
However, one of the best aspects of eToro for novice investors has to be CopyTrader. This is a feature that allows you to copy trades from the platform’s top investors, harnessing their wealth of expertise to grow your own fortune. 💪
For those who’ve been in this game a while, eToro offers you lower risks with higher rewards, thanks to its “stop loss and take profit” option.
With it, you can determine at what price you’d like to open or close your position — giving your investments greater protection should the profit or loss reach the level you’ve specified.
So, whether you’re new to the world of investing or a seasoned pro, eToro is one of the best (and most social!) trading platforms accessible on your mobile.