The eToro platform has become a global phenomenon. It is renowned for its social trading and copying capabilities, and the platform has garnered many accolades from the industry. The site offers a full range of instruments including forex, stocks, cryptocurrencies and commodities, as well as the ability to invest in exchange-traded securities (ETS).URL :theinvestorscentre.co.uk

To get started with eToro you will need to provide your name, email address and create a username and password. You will also need to verify your identity by uploading a government-issued ID document and proof of address.

Step-by-Step Tutorial: How to Start Trading on eToro UK

Opening an account on eToro is quick and easy. You will be asked a few questions about your experience and if you want to trade with leverage or CFDs. This guide is only interested in’stocks’ as these are the least risky instruments.

Once you’re registered you can begin to experiment with the eToro trading window and a virtual portfolio, which provides you with $100,000 worth of virtual funds that closely replicates real trading. You can also participate in live eToro events and webinars with experienced traders and market experts to learn more about the latest trading techniques.

eToro provides traders with a range of tools to assist them in their investment decisions, such as ‘CopyTrader‘, which allows you to automatically copy the trading activity of other users on the platform. It is important to find a good balance between the amount of money you’re willing to allocate to copies, and your own research. Taking the time to read market news, company earnings reports and the latest research can help you to make better trading decisions. eToro also has an in-house ESG ratings system which can be helpful to assess environmental, social and governance (ESG) risks and opportunities for your investments.