eToro Trading Network Reached 50 million Positions
Six years passed after eToro oficially launched their Social Trading Platform and for today more than 50'000'000 trades were realised by traders from all around the world! Now we can state with confidence - eToro's mission to democratize the investment marketplace is fully accomplished.
Their first step lied through simplification of trading processes and that is how eToro WebTrader platform appeared. Next step was launching of the eToro OpenBook and its main CopyTrader features. It is important to mention that out of those 50 million trades, 32 million have been copied, most of which (about 85%) were profitable!
eToro is a well-organized brokerage company but it worse nothing without its traders who in fact have built their social trading network. Thus, we share eToro's team opinion that a trader is the most important unit of any brokerage house.
Here’s how it all breaks down:
As we state in our broker review, eToro is one of our prior partners. We recommend eToro (Europe) Ltd. to all amateur Forex and CFD traders. On the other hand, professional FX traders are welcome to try themselves as Gurus.