How do I start a copy trade?

How to copy traders on eToro

1. Choose a trader. Search for traders by performance, assets, risk score, and more.
2. Set an amount. Choose a total amount for the copy — the proportions are calculated automatically.
3. Click Copy. Click the “Copy” button to start automatically copying the trader’s positions.

How do I set profit on eToro?

To do so, follow these steps:

1. Click on the relevant trade in your Portfolio to open the Edit Trade window.
2. Click on TAKE PROFIT. If there is currently no Take Profit and you wish to add one, click Set TP.
3. Adjust your Take Profit setting.
4. Click Update in order to save the change.

How do I wire money to eToro?

To wire funds to your account:

1. Select “Deposit Funds” from the left-hand navigation.
2. Select “Wire Transfer” as your payment method.
3. Select your preferred bank to transfer to and click “Continue” to view the wire transfer details.
4. Log in to your banking website or app and provide the wire transfer details.

How do I copy trades in copytrade?

1. Open a trading account or use an existing one 2. Go to the account page 3. Switch on the copy parameters 4. Get an additional profit from your trades – Or become a PRO Trader and set the commission by yourself. Download the FBS CopyTrade app to check out other Traders’ progress or to copy them.

What is copycopy trading and how does it work?

Copy trading is automated trading by allowing traders to copy the same trades executed by other investors in the financial markets. Since the platforms enable traders to copy multiple other traders, the diversification can reduce risk. It’s in fact very simple concept, see the basic process as the below image;

How to make money with FBS copytrade?

With FBS CopyTrade, you can make even more money from your daily trading sessions. Just allow your trading account for copying by FBS Investors and get a reward for their profit. It’s a win-win! Other people gain knowledge, and you get paid! You don’t need to install any additional software or take any further action.

Do you need any trading experience to use copy trading?

If your plan is only to follow and copy other traders there is no experience required, although it can be helpful in analysing and selecting a good trader to copy. In reality it is often the traders with no experience who like to use copy trading.