eToro Software – Trading Made Easy
OFFICIAL SITE: ETORO.COM
eToro trading software is not particularly new, but it is very popular in the world of day trading. If you have been experiencing difficulties, especially when it comes to actually making money, this could be a good program for you to try out.
The fact of the matter is that this eToro platform is one of the easiest tools out there, if you like making money through trading. We are here today to do a quick eToro review, to provide you with the most crucial info about this super user friendly and profitable day trading app. On a side note, what’s also pretty neat about eToro is that you get a bunch of free trading capital just for signing up!
The eToro Day Trading Platform
Alright, so in layman’s terms, eToro software is a day trading platform, one that can be used for a variety of assets. This is actually one of the really cool things about this particular program, the fact that it allows you to trade virtually every market asset out there.
Most other trading applications only allow you to trade Forex, crypto, or maybe stocks too, but usually they only focus on a single type of asset. With the eToro application, you can trade everything including stocks, CFD, Forex, crypto, indices, commodities, and more. You can trade literally every type of market asset out there, which is a big deal as far as we are concerned.
Now, this eToro app is not fully automated, which some people may not like. However, it does provide literally thousands of signals across all asset types, very reliable signals that are easy to make money with. All you have to do is find the signals you like the most, and then execute trades with them. In case you did not know, this is also a copy trading or social trading platform, which helps make life a heck of a lot easier. Let’s move on and take a closer look at the various features which eToro trading software comes with.
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eToro Software Main Features
Alright, so this eToro day trading platform does have a whole lot of features worth mentioning. Let’s do a quick rundown the main platform features right here and now.
eToro Copy Trades Features
Ok, so the number one best feature of this software is that it is a social trading system. In other words, it allows you to copy trades of other successful traders. As you will see when you use the platform, you have the choice to follow certain traders or assets. Moreover, you can choose to look at the most profitable day traders and which trades they place in real time.
Therefore, you can simply copy their successful positions to make big time profits, just like those top earning traders. If you ask us, this is one of the most useful eToro features out there right now. There is a reason why this is called a social trading platform, because it is all about being social, what other traders are doing, and getting information from them. Simply follow your favorite traders and copy their most profitable trades for yourself. It really does not get much easier than that!
The eToro News Feed
One of the most useful platform features here is the news feed. This is a high quality news feed which informs you of all sorts of political and economic developments around the world. At the same time, it also informs you of what other traders using this platform are doing. It’s a great way to gauge price levels and market activities. Simply put, this news feed is a great analytical tool to help you make the right trades at the right time.
eToro Market Portfolios
Another super cool feature here is that eToro software comes with tons of premade market portfolios for you to invest in. So, instead of having to choose individual assets, whether Forex, stocks, or anything in between, you can select to invest in complete and diverse market portfolios. Some of these portfolios can contain up to a dozen different stocks, commodities, currencies, and other such assets. They all have returns which are pretty significant, and more or less guaranteed too.
It’s like investing in a stock portfolio with your bank, but you don’t have to go through your bank. All of the market portfolios have certain return and risk levels, so you can choose how much risk you want to engage in, and what you would like your returns to look like as well. You can even copy the stock market or cryptocurrency portfolios of other tips earning traders.
The eToro Broker
Another super cool feature about this eToro trading system is the fact that it is actually its own broker. Now, if you have ever used any other signals provider or autotrader out there, you probably know that you always have to sign up for a broker account, and it’s always with a separate broker. While it’s not rocket science, it’s definitely not the easiest thing in the world, and a waste of time at the very least.
However, with eToro software, the broker is included. In other words, the eToro broker is also the trading platform. It’s all included here. It’s an all in one system and it definitely helps make life easier. Instead of signing up for aa signals provider, a trading platform, and a broker, all separately, with eToro, you can do it all at once.
eToro Review – Final Thoughts
Folks, as you can see, this trading system comes with absolutely everything you need for easy, quick, and reliable day trading. Sure, you can use the analytical tools and news feed to trade individual signals on your own. However, the killer feature here is that you get the ability to copy the trades of others, even to copy full market portfolios.
When it comes down to it, this eToro system is one of the easiest and most profitable day trading apps out there, not to mention that it is its own broker too! Something else you should not forget here is of course that when you sign up with this trading software, there are various ways to get some free money, so you can start trading free of cost to you.
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If you would like to find out more about cryptocurrencies and cryptocurrency trading, go to our Cryptocurrency Explained section!
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