Everyone love’s facebook. Don’t you? Don’t you have a profile in facebook in order to connect with people, follow their activity, maybe share popular posts in order to become more popular or gain more friends?
Well in 2007 brothers Yoni Assia and Ronen Assia together with David Ring in Tel Aviv had a great idea! They combined the popularity of facebook with the idea of a stock market. They created eToro a social trading and multi-asset brokerage company that focuses on providing financial and copy trading services.
Social trading is a form of investing that allows investors to observe the trading behavior of their peers (what we can call influencers in Instagram) and expert traders and to follow their investment strategies using copy trading or mirror trading. Social trading requires little or no knowledge about financial markets, and has been described as a low-cost, sophisticated alternative to traditional wealth managers by the World Economic Forum.
eToro is the world’s leading social trading platform, offering a wide array of tools to invest in the capital markets. eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.
When you become a Popular Investor on eToro, and get copied you get paid! In fact you can earn a 2% annual fee.
Example: If 1,000 people copy you with a total of $10 million, you will earn an additional $200,000 a year.
When you are copied by other people, you will earn fixed payments and up to 2% of your annual assets under management (AUM) paid out monthly. Your AUM is the total amount other traders have allocated to copy you. These payments are in addition to any profits made from your own trading.
eToro is a leading online trading platform for the next generation of trader and investor. Popular Investors are a new breed of portfolio manager: traders with unique investment strategies who earn a second income by being followed and copied by other clients on the eToro platform. If you think you can become a Popular Investor, join the program and get paid when people copy your trades.
eToro has registered offices in Cyprus, Israel, the United Kingdom, the United States, and Australia. In 2018, the company’s value was $800 million, at the moment the company reported operating in 140 countries, with more than 11 million users. Get your account started by pressing HERE
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. 75% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.