eToro – the largest social trading community in the world – integrates about five million traders from over 140 countries. Shortly after midnight we learned about the launch of the new functionality on the site. From now on, everyone who has an appropriate resource of money can manage their own investment fund through eToro.
Named by some as “traders Facebook” eToro already allows individual investors to create their own brand on the portal by taking the right decisions on the market. Popular Investor Program provides additional income for those traders whose trading style will gain the trust of the appropriate number of copying.
However, only since November 2016 eToro has enabled its customers to invest in mutual funds CopyFunds (TM). Then the funds available within CopyFunds (TM) allowed for trade on differential futures based on indices sector – technological, financial, gaming, etc. After success of the original shape CopyFunds (TM), managers eToro decided to expand the program with additional options.
From now funding under CopyFunds (TM) can also form eToro Partners. One of the first is French WeSave, which now offers the opportunity to join its fund-based products AlphaCore. You’ll find more than 1,100 different financial instruments – ETF, equities or indices.
CEO and founder of eToro, Yoni Assia commented on the event in the following words: This is yet another milestone in the field of investment and portfolio management. eToro is trying to ‘democratize’ trading for more than ten years, providing individual investors an access to global financial markets using the latest technology. The same philosophy guided us when sharing CopyFunds (TM) for our partners. This technology will allow you to find a balance between supply and demand in the market of investment services, allowing access to its broad mass of investors…
As provides eToro the purpose of funds CopyFunds (TM) is to reduce the long-term investment risk to a minimum. It is impossible, however, its total elimination, so the broker has decided to set a minimum threshold for entry into investments CopyFunds (TM) at the level of $5,000. eToro, however, encouraged to experiment with the choice of funds on a free demo account.