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How Does eToro’s Popular Investor Program work?

How Does eToro’s Popular Investor Program work?

  • Posted: Aug 22, 2018
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eToro’s Popular Investor program has been the talk of the town for a while. You can say its “Popular.” no puns intended.

 

Why shouldn’t it be? I mean, if you are good at something and you get rewarded for it, there’s nothing that can possibly go wrong, right? eToro’s Popular Investor Program is just that.

 

Successful Investors get rewards depending on their followers, this might feel like an oversimplification, but this is it.

 

I bet you already knew that, which means you are here for the calculations and the detailed process. So, let’s begin.

How does the Program work?

 

Unlike other promotional offers at eToro, the popular investors won’t have to convert their eToro credits to cash. The investors under the “Popular Investor Program” will directly receive the cash fund. Investors can withdraw the fundsat any time. Also, the investors will be given some options to choose for their preferred withdrawing method via their eToro trading account.

 

If you were wondering about limits, there is actually no minimum trading limits for a month. But a position must’ve been either created during one calendar month or it would’ve been carried over from last month.

 

At the very first week of a month, eToro will reward the popular investors. The investors will be paid according to the average number of qualified copiers on their profile, which they had on a daily basis, for the last month.

 

Here, the qualified copiers are the traders who copied at the midnight GMT & has minimum 100 USD or equivalent EURs of unrealized equity. This includes the P&L of any opened positions. You might have noticed that we used “qualified copier.” We will explain it later.

 

For explaining the whole process further, let’s say John is the copied trader or investor and Simon a copier. Say Simon starts to copy John with 100 USD or equivalent Euros. Once he started copying, Simon has become a qualified copier or qualified copy-trader.

 

Now, John opens a few positions that Simon starts copying. It’s time for the market to show the results. Say the market is not in John’s favor and consequently Simon loses $20. At this very moment, Simon is not a qualified copier. But once again, when the market goes in John’s favor, say Simon got $45. This means it will bring up his unrealized equity to $120. From here on, Simon is a qualified copier again.

 

So, to be a qualified copier, the trader who is copying a popular trader, should be a gainer in anyway. The moment a copier becomes an initial loser, he/she loses the credibility of being a qualified copier.

 

Another important fact, the payments for popular investor program depends on two different factors. First of all, it depends on the average daily qualified copier.

 

Secondly, it depends on the number of profitable time periods from the following 4 investment periods, last month, last three months, last six months, and last year. From these 4, two profitable investment period means that the popular investor gets paid according to eToro’s “top” amount from their fixed chart.

 

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Digital Identity And Payment Proofing by XM for Paydentity

Digital Identity And Payment Proofing by XM for Paydentity

  • Posted: Aug 15, 2018
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XM has clients from all over Europe, Asia, and other parts of the world. That’s why their global reputation is very dear to them. One mistake and they will become the talk of the town. So, like any brokerage, XM adopted some of the best and advanced safety measures for securing their transactions and keeping their clients’ profiles secretive. Paydentity in one of such.

 

 

Paydentity, it feels like a fancy word for some science fiction movie. No, it is just a way to say payment identity.

 

No, I didn’t make up the name. XM, the leading brokerage did. It is their way of verifying the end users.

– But what was the need for it? Wasn’t there any verification method before XM launched Paydentity?

 

Surely there was.

 

– Then why did they need to launch it? The previous method worked, right?

 

I’m going to quote from the movie Black Panther here. The tech genius Shuri points out to his elder brother that if something works that doesn’t mean it can’t be upgraded.

 

This was XM’s way of upgrading their verification system for good. With the launch of Paydentity, XM ensured the security of their clients’ funds. Not only that, Paydentity made the entire system of verifying end users super-fast.

 

With this automated payment and identity service incorporating real-time remote verification of XM’s clients, the entire transactional processes will be more transparent and frequent.

 

The Paydentity solution now includes the followings:

 

– Remote enhanced due intelligence as per the requirements set in the European Anti-Money laundering Directive, the Joint Money Laundering Steering Group of UK, and Cypriot regulations.

– Verification for payment instrument.

– PCI DSS Version 3.2 Level-one payment gateway in Cloud based computing

– Integration & payment processing to all the multiple card-acquiring institutions from one single API

Transaction monitoring

 

Paydentity was developed by the Australian iSignThis company. This company offer varieties of dynamic and digital AML/CFT KYCidentity proofing solutions. By converging identity and payments, this company is delivering regulatory compliance with fully automated customer on-boarding. This protects both the merchants and the customers from identity theft and fraud.

 

Think of it this way; all the benefits that come with any payment processor, except, there won’t be any fraud.

 

This KYC or AML payment solution is widely available in the European region now. So all the clients at XM from all over Europecan now get the benefit.

 

-But what about the rest of the world? Will they be deprived from this security feature?

 

No, they won’t. For the clients who are living places other than Europe, where a reliable and independent database is limited, Paydentity from iSignThis will provide XM with worldwide reach & access to more than 3.5 billion “Bank verified” potential clients, which will optimize customer on-boarding.

 

With these measures, XM can now assure their clients that their funds are in safe hands. And when the time comes, they will get their funds after being verified within the least amount of time possible. So far, Paydentity is really working in their favor by keeping transactions safe and clients’ profiles secretive.

 

For more info, please visit: XM Review

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Everything You Need to Know about Popular Investor Program on eToro

Everything You Need to Know about Popular Investor Program on eToro

  • Posted: Aug 09, 2018
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eToro’s Investor program is not new. They launched it many years ago. But the surprise is this program is still as much popular as it was in its early days. How,you asked? First of all, the program is a good initiative to keep top traders engaged and secondly, and eToro has brought some updates to the program since its launch. That’s why people are still into it.

 

What is this Popular Investor program?

 

eToro planned their business model based on their traders’ financial success. That’s why when their clients win, eToro wins.

 

eToro constantly encourages their top achievers to share their experience, knowledge, and wisdom. In return, they get rewards depending on the followers each trader gets.

 

With a spread rebate of up to 100 percent, a percentage of their AUM or Assets Under Management, and regular monthly payments, eToro’s popular investor program is a great opportunity for successful, experienced, and top-followed traders to earn a great deal by sharing their knowledge, success, and wisdom.

 

Eligibility to Join

 

  • First of all, the trader needs to have a socially connected and verified trading account. The socially connected accounts are regular eToro accounts with an additional linking to the trader’s social profiles, such as Facebook, Twitter or LinkedIn.

 

  • But only having a verified and socially connected account won’t help you unless you have at least three months of trading experience. The time will be counted after you made your first funding to your eToro verified and socially connected trading account.

 

  • The trader must have at least ten copiers at the time of this application.

 

  • The applicant trader also needs to share his/her personal details like real name, genuine photograph, and some other basic information in the eToro OpenBook profile.

 

How does the Program work?

 

The popular investor won’t have to convert his/her eToro credits. Investors under this program will directly receive cash fund that they can withdraw at any time. He/she can withdraw the cash by any chosen method via the eToro trading account.

 

There is actually no minimum trading limits for each month. However, a position must’ve been either created during a calendar month or it would have been carried over from the previous month.

 

At the beginning of the very first week of the month, eToro will pay the popular investors. They will be paid according to their average number of qualified copiers, which they had on a daily basis, the previous month. Here, a qualified copier is a trader who copied at the midnight GMT per day and has a minimum $100 of unrealized equity that includes the P&L of any opened position.

 

The payments for popular investor program depends on 2 different factors. One, number of the average daily qualified copier, two, the number profitable time slots out of these 4 investment periods: last twelve months, last six months, last three months, and last month. If the investor gets three profitable periods or more, eToro will pay him according to the “Top” amount. Otherwise, the trader will be paid according to the “Basic” amount.

 

For more info, please click here: ETORO Broker Review

 

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Why is it this hard to resist XM?

Why is it this hard to resist XM?

  • Posted: Aug 03, 2018
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Traders are some of the best minds. Why shouldn’t they be? They analyze the market and invest their money in something that they may never touch or see with their own eyes.So, one thing is for sure is that they only stick with good stuff, whether it is stocks, currencies or the platform they trade on.

 

 

So for traders, it’s hard to resist XM. But why?

 

This is what I’m about to answer for you.

 

User-Friendly Interface

 

The first reason why people can’t resist XM is their super friendly interface.

 

Starting from choosing where to invest up to waiting for your shares to go high, you have a lot in mind. You don’t want to stay occupied looking for different account settings and investment setting on the Forex broker’s platform. That’s why traders always look for a Forex Broker who has everything sorted on their platform.

 

From deposit to withdrawing the fund, everything is sorted out in their platform efficiently.

 

Global Recognition

 

According to modern psychologists, people are always fascinated by what others have to say. That’s why you see the reviews before you buy any product. Same goes for Forex brokers.

 

XM has traders all over the world. Their global recognition speaks for them. And this is why traders are a fan of XM and their platform.

 

Focused on their clients

 

Unlike most, XM doesn’t differentiate between their clients. No matter what their capital is or what their account type is, everyone gets the same treatment.

 

All the clients at XM get the same customer support from the XM support team. Their only goal is to aid their clients in any need. Their 24 hour support and multilingual staff make it easier for traders to use their platform.

 

Wide Range of Trading Instruments

 

Traders at XM can choose to trade on Forex and CFDs on the stock indices, stocks, metals, commodities, and energies from a single trading account. Traders with XM’s wide range of investing and trading tools can now trade at XM’s multi-asset platform easily and more efficiently. XM has made trading easier than ever before. No wonder why people can’t get themselves out of here, maybe they don’t want to.

 

Full Transparency and Fairness

 

Transparency in the charges and fees is a plus point for any company or business. People at XM understand it properly and this is why their pricing and charges are as transparent as it can get.

Besides, they have no hidden terms and conditions to keep you in the dark. Their promotional offers, bonuses, and withdrawals are simple and fast.

 

Conclusion:If there had been any confusion with the fact that XM is one of the most user-friendly Forex brokers out there, it is sorted out now.

 

With their next generation trading products and verities in account type, XM has become the “broker for all.” Besides, no matter what your account type, capital or assets are, you’ll get the same treatment as other clients at XM. So, now you know why it is hard to resist XM as a trader.

 

Please Visit: XM Review

 

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Trading Platforms at XM

Trading Platforms at XM

  • Posted: Jul 25, 2018
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XM is synonymous with Forex trading. There’s hardly any trader who doesn’t know about XM’s trading platform. This is because of their amazing trading tools and advanced features to help traders get along inthe trading world. And so far, XM has been successful in doing so. Besides, the testimonials from traders are mostly in favor of the renowned Forex broker.

 

 

The platform is well-suited for both new and experienced traders and when a trader start trading with this Forex broker, he/she is offered two MetaQuotes platforms, which are MT4 or MetaTrader4 and MT5 or MetaTrader5.

 

MetaTrader4 or MT4 is a world wide proclaimed software for trading. This software platform allows the users to use their wide array of trading features and tools. These tools and features are extremely helpful to traders, especially the new ones because they include fifty built-in sets of technical indicators, a good number of EAs or Expert Advisors who will help the trader in any need, an advanced charting package, and a number of additional back-testing options.

 

Any trader at XM can create and even download ready-made Expert Advisors. Then they can let XM’s program do the works for him/her without involving any “human emotions” getting in the way of logically making the decisions.

 

This MetaTrader 4 platform is available to XM’s traders in all the shapes and forms, such as mobile, web, and desktop. That’s not it.

 

XM also provides MetaTrader 4 or MT4 MultiTerminal. This MT4 MultiTerminal lets the trader at XM use and manage more than one account from one single interface, simultaneously.

 

Recently, the MetaQuotes Company is starting to put a stronger emphasis on their MetaTrader 5 platform. This is because of many reasons, but most noticeably is the hedging function, which was added to the MetaTrader 5 and all the versions of the platform are now enhanced. This resulted in the sudden increase in broker numbers who are now supporting this platform for obvious reasons. XM has also followed suit and they added it to their list of offerings.

 

There is another interesting offers that XM gives to their traders, a free VPS or Virtual Private Server. This is provided to both existing customers and the new traders who want to join XM. But for that, a trader must fulfill two conditions.

 

The trader has to deposit at least $5,000 in his/her account. This doesn’t vary from account to account. No matter what type of account you hold, you need to deposit this least amount to avail the free Virtual Private Server.

 

The trader should trade a minimum 5 round turn lots each month. This is also constant for all the account types.

 

This Virtual Private Server allows execution for 24 hours a day and five days a week.

 

XM is also famous for their promotional offers and bonuses.

 

Currently, XM is running these promotional offers:

 

  • Welcome bonus up to 15%
  • XM Loyalty Program
  • Football Promotion 2018

 

These are the promotions that are currently running on XM and they hold the full right to change the promotions as they wish.

 

For more info, please click here

 

 

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Trading Account Types at XM

Trading Account Types at XM

  • Posted: Jul 18, 2018
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XM trading platform is made for all traders.

 

Experienced or new, with a lot of capital or just startup, XM has something for all. Their account types are tailored in a way that everyone can choose one that suits their needs the most.

 

That’s why XM introduced their three account types, tailored especially for people with different interests, earning, experience, and capital. These are their Micro accounts, Standard accounts, and Zero account.

 

You can choose from the commission-free trading with standard and micro account to the tighter spreads that involve commission fees and a higher initial deposit amount with the Zero account. XM also have their swap free accounts for Muslims who doesn’t want any interest for religious integrity.

 

XM Micro Account

 

Base currency options with XM’s Micro account are USD, EUR, JPY, GBP, AUD, CHF, PLN, HUF, SGD, RUB, and ZAR. Contract size is 1 lot equals 1,000.

 

For $5 to $20,000 the leverage is 1:1 to 1:888. For $20,001 to $100,000 the leverage is 1:1 to 1:200. And for amounts more than $100,001 the leverage is 1:1 to 1:100. This account comes with negative balance protection. It ensures that even if you have a verybad day, you won’t lose more than what you have in your account.

 

Spread on all the majors is as low as just one pip. No commission is required and maximum pending or open orders for each client is 200 pips.

 

Minimum trade volume with the Micro account is 0.1 Lots (MT5)and 0.01 Lots (MT4). Lot restriction per ticket is 100 lots and hedging is also allowed. There is a swap-free account option for Muslims, which is optional. The minimum deposit for this account is $5.

 

XM Standard Account

 

Base currency options with XM’s Standard account are same as Micro accounts, USD, EUR, JPY, GBP, AUD, CHF, PLN, HUF, SGD, RUB, and ZAR. Contract size is 1 lot equals 100,000.

 

Leverage is also same as XM Micro accounts. For $5 to $20,000 the leverage is 1:1 to 1:888. For $20,001 to $100,000 the leverage is 1:1 to 1:200. And for amounts more than $100,001 the leverage is 1:1 to 1:100.

 

Like a Micro account, this Standard account comes with negative balance protection. Spread on all the majors is as low as just one pip. No commission is required and maximum pending or open orders for each client is 200 pips like Micro accounts.

 

Minimum trade volume with the Standard account is 0.1 Lots. Hedging is also allowed here along with a minimum deposit of $5 and an optional Islamic account.

 

XM Zero accounts

 

The base currency is only limited to EUR, USD, and JPY. Contract size is 1 lot equals 100,000 like standard accounts.

 

For $100 to $20,000 the leverage is 1:1 to 1:500. For $20,001 to $100,000 the leverage is 1:1 to 1:200. And for amounts more than $100,001 the leverage is 1:1 to 1:100. This account also comes with negative balance protection.

 

Spread on all the majors is as low as just zero pip, thus the name. Commission is required and maximum pending or open orders for each client is 200 pips like Micro and standard accounts.

 

Minimum trade volume with the Standard account is 0.01 Lots. Hedging is also allowed in XM Zero Accounts along with a minimum deposit of $100 and an optional Islamic account.

 

Visit: XM Broker Review

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LMFX Crystal Ball: Predict & Win

LMFX Crystal Ball: Predict & Win

  • Posted: Jul 11, 2018
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LMFX always cares about their clients, probably more than any other Forex brokers. They always make sure that the traders at LMFX stay at LMFX.That’s why they have adopted some effective ways to keep the traders engaged and interested in their platform.

 

Giving their clients a chance to win a big bonus by participating in contests, investing big in trades, and depositing a good sum, is their way of saying “we want you here, we don’t want you to leave this platform.”

 

LMFX has arranged different bonus and promotional offers for their traders. Apart from their Phoenix Recovery Bonus and Deposit Match Bonus, they have a Crystal Ball contest that gives the traders at LMFX a good chance to win a fortune.

 

What is Crystal Ball?

 

I bet you have seen those glowing crystal balls on movies and TV shows where a fortuneteller sits behind it and cast spells to see your future. No, this is not that type of crystal ball that I’m talking about. You can’t see your future in this crystal ball. But you can guess and that’s what this is about.

 

LMFX allows you to guess the closing price of a currency pair for Monday at 12 o’clock midday. By guessing this correctly, any trader can win a bonus. There will be 3 winners, 1st, 2nd and 3rd who will win up to $1,000.

 

How is the winner decided?

 

Some might say that guessing the exact price is close to important. Yes, that’s true in a sense, but you can get very close to the exact figure if you analyze the data of previous weeks. And shockingly, you don’t have to be precise to win the bonus. You just need to be as close as possible.

 

For example, say Larry said British Pound’s price will fall and come close to $1.48 this Monday, John said that the price will be closer to $1.39, Mike predicted $1.52 and Lew guessed $1.2.

 

Say the price stood around $1.42 at Monday 12 pm. So, the best guess among John, Mike, Clark, and Larry is John’s $1.39 prediction because his $1.39 is closer to $1.42 than $1.48, $1.52 and $1.2. So, this week’s 1stwinner is John and he will get the $1,000 prize. But there are2 other prizes for the second and third best guess. So, Larry will get the 2nd place and Mike will be 3rd.

 

Yes, total 3 bonus, up to $1,000.

 

This is just example. It doesn’t have to be British Pounds and Dollars. It can be Euros and Dollars, Euros and Dollars or Dollars and Taka. Any currency you like is open for you to predict.

 

In real time trading, the difference is very minimal. Besides, there will be a good number of participants who would like to give it a shot. That’s why it is tough to get the prediction closer to the exact figure. But if somehow you get it right, you win the grand prize of $1,000.

 

Who is eligible for this?

 

Every trader who registered their mobile number with the LMFX platform is eligible for this contest.

 

Yes, you need to have a full LMFX account to participate in the prediction contest. Other information about their contests is on their website.

 

For more info, please click here

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Everything You Need To Know About Withdrawing From eToro

Everything You Need To Know About Withdrawing From eToro

  • Posted: Jul 05, 2018
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eToro’s withdrawal system is comparatively simple and easy. But there are some basic queries that every new trader and a to-be trader sometimes has.

 

I’m going to answer them all.

 

When can a trader withdraw from his account?

 

If you are a registered trader at eToro you can do it anytime you want. There is no time restriction for the withdrawal process.

 

How much can you withdraw?

 

You need to keep at-least the margin amount on your account. The rest is open to the trader for withdrawal.

 

Here are some of the basic conditions that a trader needs to fulfill before he can request a withdrawal.

 

  1. The minimum withdrawal amount is $50. A trader cannot request a withdrawal less than $50.
  2. The account must be verified. There will be a green tick mark to indicate whether your account is verified or not. If it is not verified, contact their support team and upload the required documents for verification.

 

What Withdrawal Methods are supported by eToro?

 

Funds in eToro are deposited by three popular methods. These include Credit cards, PayPal account, and Bank transfers. For withdrawal, the same three methods can be used. But it is advised for the traders to use the exact same method for withdrawal that is used for the deposit. For example, if a trader uses PayPal to deposit $500, PayPal should be used for the withdrawal.

 

But eToro asks for an alternative withdrawal method for cases where the first withdrawal method isn’t available anymore.

 

How much time does it take to process the withdrawal request?

 

Once a withdrawal request is received, it goes to eToro for evaluation. After checking all the information the request gets processed. In most cases, the request is processed within 1 business day.

 

When will the fund add to my account?

 

After the request is processed, it usually takes sometime before the fund is added to your given account. Mainly the time varies from the payment provider to another payment provider.

 

For China Union pay, it usually takes up to 2 business days before the funds are available to your account. For both credit card and debit card, the time is 5 working days at most. For online payment providers like, PayPal, Skrill, Neteller, and WebMoney, the usual time to reach the fund is 1-2 business days. But for wire transfers, it may take up to 5 business days.

 

What are the withdrawal charges?

 

For every withdrawal from eToro trading account, there is a fee and it is $25. But if the withdrawal is not in US Dollars, there will be an additional currency exchange fee added to the total $25.

 

When do you know if your request for withdrawal has been accepted or processed?

 

There are two ways you can check whether your payment request has been processed or not. First of all, you can check your email inbox for a mail regarding the withdrawal request, which will also include which payment provider you chose. You can also check the request status by clicking on the portfolio tab. Then click on history where you’ll see the withdrawal status.

 

For more info, please visit: ETORO Broker Review

 

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Accounts at LMFX

Accounts at LMFX

  • Posted: Jun 22, 2018
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LMFX is a user-friendly Forex Broker who allows their clients to choose from 3 different account types. Whatever your available capital, appetite for risk, and trading requirement is, LMFX has you covered with their different account types. These include LMFX Premium, Fixed, and Zero account.

 

Premium Account

 

For retail Forex traders, this Premium account is perfect. Traders can trade as low as 0.01 lots at LMFX. But if they want to go big, LMFX allows traders to trade up to sixty lots in one single trade, which is perfect if you want to take risks and get some profit out of it.

 

Advanced trading platforms like Webtrader, Metatrader, and Mobile trading is available. When you open a Premium account, you also get a personal account manager and you automatically qualify for bonus offerings by LMFX.

 

Leverage is 1:1000 and no commission on each lot. When you open an account, you just need the minimum amount of $50 to deposit. Once your account is active, you can reload with minimum $25. You can also deposit the amount in Euros.

 

60 is the maximum total trade size for this type of account. The number of maximum open trades is 100. Margin call percentage is 50% and Stop out percentage is 20%.

 

Fixed Account

 

If you prefer trading with fixed spreads, LMFX has their Fixed account for you. This type of account gives you greater control over the trades you make and improves the accuracy while computing positions, thanks to the spread that you get in advance.

 

For expert advisors or EAs who operate with the fixed spreads, this account type is most suitable. Like the Premium account, you get a personal account manager and once you open your account, you qualify for LMFX’s bonuses.

 

With this account, there is no commission per lot, but the leverage is 1:400. Minimum deposit you need to make while opening a new account is $250. After that, you can reload with a minimum $50 at a time. Maximum total trades size is 75 and at once, you can keep 150 open trades. The amount can be deposited and withdrawn in either US Dollars or Euros.

 

Margin call percentage is 30% and Stop out percentage is 15% with LMFX’s Fixed accounts.

 

Zero Account

 

The Zero accounts offered by LMFX is a low-cost account type for trading that boasts No Markup & Super-tight Spreads, starts from 0.0 pips!

 

You can trade on the Interbank spreads with this Zero account offered by LMFX and bring down the cost for trading.

 

The competitive commissions start at each 1,000 lot, which is why this account type is ideal for high-volume traders.

 

Commission per lot is $4 and leverage is 1:250. When you open an account, you need to deposit minimum $100 and for the second time and onwards, minimum reloading is $50. Like other accounts, when you get started with Zero accounts, you qualify for LMFX bonuses like Phoenix Recovery Bonus and Deposit Match bonus.

 

Maximum total trade size is 100 and at a single time, you can have 200 open trades. Account currency is both US Dollars and Euros. Marginal call is 30 percent and Stop Out is 15 percent.

 

 

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Why Should You Invest in CopyFunds at eToro?

Why Should You Invest in CopyFunds at eToro?

  • Posted: Jun 14, 2018
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CopyTrading is an interesting concept at eToro and they have certainly attracted people into trading with this feature. But there are CopyTrading and then there are CopyFunds. Both might seem similar to one another, and they are, as a concept. However, while they have a similar concept of copyingsuccessful traders, they are not exactly the same.

 

So, why would anyone want to invest in CopyFunds, when they have the option to copy any trader he or she likes?

 

First, let us see what eToro has to say about their CopyFunds.

 

According to eToro, CopyFunds is their next generation investing product.

 

In case you are wondering, it is not trading that they are promoting in the world with CopyFunds, they are talking about investing. Why is that?

 

Well, when you go to stocks or crypts at eToro’s site, you’ll see the option of trading as “Trade.” But it is not the case for CopyFunds. It is shown as “Invest” on their website.

 

So why “Invest”? If you understand the answer to this question, you’ll know why you should invest in CopyFunds.

 

First of all, CopyFunds is like a container where different assets of the same industry are there for you to invest in. For example, if you are investing in a Gaming Fund, that means, the gaming fund will have assets of gaming related companies like Nvidia, EA, etc. But the companies will not have an equal amount of assetsin the fund. There will be some Fund managers who will decide the ratio of different companies’ involvement. For example, in a fund of Cryptos, Bitcoin may have the larger amount of the shares than Litecoin, Etherium,and others. This is because the Bitcoin’s future is safer than other cryptos.

 

This is where the answer of “Invest” instead of “Trade” comes in.

 

When you are investing in a single asset like a stock, Crypto, gold, oil, etc. at eToro, you are accepting the risk of losing your money when the asset falls down. Again, when the asset is gaining, you are also profiting from it. But the states of those assets are temporary and that’s why it’s called trading.

 

But when you put your money on the CopyFunds, you are doing it for a longer period. The overall state of an industry won’t fluctuate as much as a single company. This is because the assets in a fund are balanced out properly to reduce risk score so that when one company falls, it doesn’t affect your money that harshly. You will have lower chances of losing a big amount. This also means that you won’t make an immense amount of profit either because when one company does well,another might not be in that great of a position. So on average, you are not doing that good or that bad.

 

This is why CopyFund is like investing in a business, not like trading in the casino. That’s why you see “Invest” instead of “Trade” in eToro’s site. And this is the reason why you should invest in CopyFunds. Because at the end of the day, you will have lower chances of losing a large amount of money with CopyFunds, which means your money will be safeguarded well.

 

For more info, please visit: ETORO Broker Review

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