Etoro Bitcoin Trading Review
A quick Overview of Etoro Bitcoin Trading
eToro stands as the world’s leader in offering digital financial solutions with its CryptoFund technology.
so what are the the basic facts about eToro and their a famous online cryptocurrency trading platform.
Etoro is a great broker for those that look to speculate and invest while at the same time dabble in trading , for the more serious traders there are better alternatives ( see our List). but that said their platform is amazing and they are unique in their approach , others have tried to copy their social trading but none have come close. if you are new to trading then here you will find many kindred spirits and learn the in and outs of trading cryptocurrencies as well as other currencies and assets. at all times etoro should be a considerations, they have a great reputation and are very client oriented.
The website eToro.com was initially established way back in 2006 as RetailFX, which worked as a trading platform and was founded by Ronen and Yoni Assia (Brothers) with their partner David Ring. After a few years later, these brothers along with their partner established eToro with the goal of creating a trading platform that would not only be diverse, but user-friendly to all levels of traders out there today.
Their “Copy Trading” feature is what stands out the most from any other trading websites out there today. You are able to copy trades from the experienced traders that are registered users of the website, making it easier for newer traders to get an idea on how to successfully trade with patterns used by the professionals.
Today they have evolved even beyond that with their CryptoFund service.
The latest and innovative cryptocurrency eToro CopyFund allows the traders to trade the two leading digital currencies: Ethereum and Bitcoin. The trading can be done with much ease with the help of the easy-to-use platform of this trading system. The other digital trades like Dash, Litecoin, and Ripple are also coming soon on this trading platform.
When you are trading with this trading platform, the best thing is that you are not required to pay any amount of investment management fee. Even after this, you can still open & access your account for following some of the best traders that are present in the global financial investment community which consists of several experienced traders. The eToro trading platform offers a free demo account as well.
eToro lets you invest in two major types of Copy Funds. These are:
- Top Trader CopyFunds which consists of the top performing and the most sustainable traders out there that are available on eToro.
- Market CopyFunds which bundle together all the commodities, CFD stocks, or ETFs under a selected market strategy.
The main aim of the CopyFunds by eToro is to help the traders minimize their long-term risks. It is also aimed at promoting ample opportunities for the rapid growth by the creation of some diversified investments.
Once you have chosen a particular CopyFunds strategy that suits your investment needs, all that you are required to do is to enter the desired amount that you would like to invest in the given trading portal. Each of the CopyFund is deeply analyzed and re-balanced in an automatic manner to ensure the maximization of the potential returns to the traders.
The CopyFund is a new trading concept laid out by the eToro trading system. In the general scenario, the Copy Funds serve as the investment vehicles which are bundles together as an assortment of financial assets. These financial assets are then picked & re-picked under a predefined strategy.
**Your capital might be at risk**