There is no better way to see if an investor you want to copy is indeed suitable for your goals and strategy than by copying them on a demo account for a while. This will also help you to understand the nuances of how this feature operates, how trades are made and your capital allocated before you risk your own capital.
As mentioned at the beggining, there is no perfect way to find the best trader to copy. There are however some general things you might be looking for, such as consistency in their trading pattern, strategy and performance, appropriate risk ranking for your risk tolerance, their returns and inevestment horizon. Remember that any trading involves capital loss risk and enjoy using the eToro platform! Best of luck.
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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. 67% 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.
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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