Social Trading has enjoyed years become increasingly popular and beginners and advanced inspire equally suitable for this type of joint trade. In order for a successful trading can be realized, including the trading platform of the broker should have a lot to offer. Below we will present one of the largest Social Trading Provider eToro trading platform together and also show whether a eToro WebTrader download required.
eToro Webtrader Download
- eToro is a major supplier of Social Trading
- can be traded at eToro Forex and CFDs
- For Trading a web-based application will be offered
1.) eToro Social Trading
At eToro is the first and most famous Social Trading providers around the globe. Overall eToro can currently more than 3.5 million traders to own network count and from 152 countries. At eToro Social Tradingis still a new trading way, based on the principle of common trade.All customers of the broker are connected together in a network and can benefit from the experience of all other traders on the network. In concrete terms, it is the Social Trading therefore, as an inexperienced trader to benefit from the experience of professional investors namely in that the so-called followers the strategies the signal transmitter copy and thus to share in their skill and experience, without having to even go into detail on market developments. Through the principle of social trading including the inexperienced investors have the opportunity to profitably participate in the foreign exchange and CFD trading.
Conclusion: When it comes to Social Trading to benefit from the experience of other community members and act successfully as an inexperienced investor. eToro has been the first company to Social Trading offering and the broker also counts in today’s time the world’s best-known providers of this type to operate commercially.
2.) How to copy the strategies of successful traders
If you want to copy at eToro another trader who initially faces the question, for which all of the signal transmitters, he should choose. The decision may eToro not lose weight, but the broker is working to facilitate the selection. Thus, there are at eToro called the Open Book in which there is a database basically, the trading activities and numerous statistics about each Trader includes. This includes, for example, the performance, the number of profitable weeks, drawdown, the number of copiers and the current risk assessment. In this way, create a comprehensive view of a potential signal generator. One or more promising signal transmitter to have emerged, they can be tracked and recorded in its own portfolio. Thus, the user sees all the trading activities of the persecuted in real time and their trade way can look first of all.
Conclusion: At eToro trading activities and numerous statistics for each trader on the network can be viewed and with one click the trading strategies of the most promising can be copied among them. Both the copier and the Copied benefit in its own way by the principle of social trading.
3.) What commercial application is offered with eToro?
Many links to download an order software eToro can be found on the net. Who clicks on it, but receives an error message normally. This is not surprising, since eToro now use WebTrader. The works — as the name suggests — via the web, and therefore does not have to be downloaded. Nevertheless, the application offers a range of functional performance and that a download platform in the shade so many. The application can distinguish particularly by professional charts and by a clear structure and intuitive operation. In addition, there is a eToro app for iPhone and Android are available with which the broker wants to create an offer for trading with iPhone, Blackberry and Android Smartphone and its customers flexible, location-independent trading permits. with the MetaTrader majority of Forex brokers still relies on an installed on the computer software. Meanwhile, already the successor MetaTrader 5 on the market. But at eToro is one of developing their own eToro swirled WebTrader on a web-based solution that better supports Social Trading.
Conclusion: The MetaTrader is still supported according to the broker, but is no longer standard. At eToro we find a web-based application that works purely via web access. For this reason, no eToro WebTrader download is required. The application supports all requirements and functions that are required in Social Trading and is characterized mainly by the professional and extensive charting tools.