• eToro signing up- Top reasons to sign up to the platform for trading

    | Updated on January 30, 2023

    You can open an account with eToro by following a few simple steps. The etoro minimum deposit should be done and the steps must be aggressively followed for leaving an impact. 

    If you are looking to follow the steps to sign up then read below-

    For signing up you need to –

    1. Visit the relevant signup link
    2. Enter the personal data i.e. name, email and others
    3. Confirm the email by clicking on the email they send you
    4. Accept the terms and conditions of eToro and you already have an account with them. 

    As these steps are completed then you would have the account up and running and you would be able to start investing in the stock market. The procedure is very simple and takes no more than 10 minutes. It is comfy as everything is done online. 

    How Does The Platform Function?

    The platform is intuitive and easy to use. The first thing that needs to be done is signing to the website for which the steps are mentioned above. When the account is accessed then you enter the watchlist menu where you will find the products that you are following and the recent price movements. 

    Also, if the portfolio is clicked then you would see the organizations in your portfolio and the returns that have been achieved till now. This is easy to know how the assets are performing. Even within the account on right, it indicates the percentage of eToro investors that are currently long and short on this product. 

    How Can You Buy An Asset On This Platform?

    For buying an asset you can click on the buy button and after this, you could choose several shares that you want to buy. Also, you have to hit set order. As you buy the stocks, you can also configure the stop loss, taking profit and leverage. An additional advantage of the eToro platform is the educational section where they could provide the advice on the technical analysis, fundamental analysis as well as the trading tools for the clients. 

    eToro has an app for the mobile devices which allows accessing all eToro services with the phone. You can download it in the App Store and Google play depending on the device you have. Once installed it is possible to connect to the eToro web page from anywhere. It is very useful especially if you want to buy the stocks but you are not at home or if you like to know how the investments are performing at any time. 

    What Do The Reviews Indicate About Etoro?

    This is one of the best brokers for investing in the stock market. It allows accessing markets all over the world with lower fees. Furthermore, the attractive social investment platform allows copying the investment strategies of top investors. You can learn from these investors and analyze the trade they carry out. 

    Below are some offerings from Etoro-

    1. Research tools- This tool consists of the standardized economic calendar, earnings reports calendar, podcasts and much more.
    2. Fundamental analysis- This platform does an excellent job in incorporating the fundamental analysis into the platform for trading of the shares. 
    3. Sentiment data- Rather than reflecting the sentiment bases on all the users, only the trades of the top traders at eToro are used for calculating the sentiment data. 
    4. Walls newsfeed- This platform engages a Twitter style wall feed of the collective commentary for a given instrument. This feed appears as a stream of updates from other eToro users for giving an idea of what other traders are posting about in the eToro network. This content is sourced by the eToro users and could vary in the quality. 

    So, what are you waiting for? Sign up today and acquire benefits and gains.

    Janvi Panthri
    Senior Writer, Editor
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