eToro’s educational tools are limited and that is why We are here
eToro trading is a great platform which aims at making your trading process as smooth as possible in multiple ways. However, educational and guiding material is relatively finite and essentially boils down to purely informative content. The available information is limited to a single tutorial video with basic instructions on how to use the platform, as well as few simple educational videos on investing, trading assets and financial markets. Surely a few more tips and explanations could come in handy for your trading!
(NOTE: Before we continue, we have to give a disclaimer that the trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. CFDs are complicated instruments that are never guaranteed to provide you supplemental earnings. In fact, Around 68% of all retail investors experienced a loss while trading CFDs. Make sure to keep this in mind before attempting to use the eToro platform yourself. All the information found on this website is not official trading advice and all practices shown are referenced for the use of the Demo account only.)
Although trading does appear exciting, it is not an easy game of chance: a solid theoretical basis is key for successful trading and has proven to be one of the most important components of persistent performance. Understanding the conceptual framework of market behavior, available instruments and trading patters is vital before risking your real money. One needs to understand the underlying causes of price movements, operation of various trading instruments and insights into strategies used to trade them. A successful trader should be familiar with the pre-requisites of profitable trading, the necessity of staying updated on financial, economic and geopolitical news, constant learning and investing the time in research. And although this platform cannot cover all the possible aspects of trading, it will certainly provide you with some technical guidelines and key theoretical basis needed for profitable trading.
Learning how to trade before actually diving into trading is incredibly important. Finding the markets or instruments and trading techniques that work best for you, learning to analyze and implement new information, setting up a personal routine, managing profits and losses are some of the basics things a trader should be familiar with.
Often the resources on trading available online may be confusing, overly technical and even difficult to navigate in for a beginner or even a more advanced user, and that is when we come in. Our platform tries to simplify the basics of trading mechanics into an accessible and structured set of articles and explanatory video tutorials. These include several basic trading techniques you may use in your positions, such as the popular Martingale System or Candlestick patterns, explanation of the useful indicators provided by the platform (such as the Fractal or CCI indicators, for example) that help your market or trend analysis, and overview of several instruments available for trading, including cryptocurrencies (for example, Bitcoin) or the more complex CFD’s .
Our second goal is to facilitate your experience on the Toro Demo platform, guiding you through the technical aspects and clearing out the main uncertainties that users may have. This includes several overviews of platform’s functionalities, such as a basic guide to the interface or platform’s essentials, and key technical issues like funds’ withdrawal, account verification and other account management aspects. Although the interface is simple and very user-friendly, your may not be familiar with all of the available insights, such as for example Toro Demo Tournaments or the Profit Calculator.
Toro Demo trading
Once you familiarize yourself with the platform, some trading strategies and indicators, do not hesitate to use the Demo account to put your knowledge to practice. The Demo account available is a great tool that can be used for practice in a simulated environment and implement all the knowledge you gained from theory.
Please do remember that the content discussed is intended for educational purposes only and should not be considered an investment advice and do not forget the capital loss risks associated with trading.
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eToro is a multi-asset platform that offers both investing in stocks and crypto assets, 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 authorized 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.
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