We check eToro. Is it possible to earn by copying others? # Week 1

eToro opinions have extremely different opinions. Some people praise others. So what other choice do we have than to check it on our own resources? according to with our announcements a week ago, we're starting the eToro test. The first trading week is behind us on one of the most popular social trading platforms in the world.

Be sure to read: EToro Review - Social Trading Platform

We're starting the test!

At the start, we allocated 60% of our capital, i.e. USD 60 (we have USD 000 available). It has been divided between four signal providers and one fund GainersQtr.

Two conditions have been set for investors to choose:

1. Moderate risk
2. The minimum rate of return for the last 6 or 12 months at 20%.

The composition of the fund, however, is as follows:

Selected signal providers:

• Martigg97,
• Miyoshi,
• Richardstroud,
• SparkLiang.

Past performance is not indicative of future performance. The trading history shown is less than 5 full years and may not be sufficient as a basis for an investment decision.

Our investors mainly invested in the largest enterprises such as:

• Alibaba
• Twitter
• Facebook
• Microsoft
• VISA
• Coca-Cola
• Intel
• Euronet
• Apple Lossless Audio CODEC (ALAC),
• PayPal
• Netlfix
• Master Card

Account balance after the first week

To date, 58 items have been opened by our suppliers, and 18 of them are in minus. We don't see individual items in the fund's portfolio, only the current result. It is difficult to determine what exactly the funds were allocated to.

• The rate of return on the fund is + 1,60%.
• The current rate of return on invested capital is + 2,28 %.
• The total rate of return calculated by the capital available is + 1,37%.

Summation

Our debut in eToro can be considered calm and without surprises. The rate of return is relatively modest but at the same time adequate to the instruments in which our funds have been located. This week, we plan to join our group of further suppliers who will be characterized by a slightly higher level of risk taken.

Next week's summary. Keep fingers crossed! 🙂

76% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford the high risk of losing your money.

eToro is a multi-asset platform that offers both stock investing and CFD trading.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Past performance is not indicative of future performance. The trading history shown is less than 5 full years and may not be sufficient as a basis for an investment decision.

Copy Trading is not synonymous with investment advice. The value of your investment may go up or down. Your capital is at risk.

eToro USA LLC does not offer CFDs and does not make any representations or be responsible for the accuracy or completeness of the content of this publication, which was prepared by our partner using publicly available information about eToro that is not specific to entities.