eToro offers the "Popular Investor" program with a 2% commission
The broker eToro is known to be more than attractive in the field of social trading. Good conditions and in any case decent returns and the copy function from other traders ensure that eToro always works very transparently and with high quality.
How it works the Popular Investor Program?
Anyone who is particularly successful in trading at eToro can present themselves as a so-called "Popular Investor" and earn a management fee of 2%.
The The principle behind the Popular Investor program is easy to understand. If you are a well-known and popular investor on eToro and are copied by many other traders, you can receive payments of up to 2% for it. These payments result from the annual assets under management, in short the AUM value. In addition to the profits from their own trading, the trader at eToro can look forward to the additional payments. The payments are credited directly to the Popular Investors as funds that can be withdrawn immediately from the account or transferred to another account.
Who wants to participate in the Popular Investor program must register with eToro in general and also for the Popular Investor program. It should be noted that traders will then be able to access eToro's Leader Dashboard and receive new analysis of their financial results without any problems.
What can traders trade on eToro?
The trading offer on eToro is more than extensive. Overall, trading offers in social trading can be perceived in different ways. Above all, CFD trading is the driving element at eToro. Basically, the traders have a lot of different base values available when it comes to trading. The fact is that over 200 different currency pairs can be used. Shares as well as indices and commodities can also be perceived in social trading when it comes to CFDs being drawn.
The trading options of eToro can be used, for example, via eToro OpenBook but also via the Webtrader software solutions and via a mobile app can be perceived. It is therefore definitely worth trading with eToro.
Is eToro a reliable and reputable broker?
Basically, it should be noted that eToro is a reliable broker, based in the EU. More precisely, the broker (eToro Europe Ltd.) is based in Cyprus and thus in a country that is regulated by the CySEC. Here the broker is registered with the license 109/10 under the number HE200585. There is no telephone support option for eToro customers. It is also possible that an e-mail contact form can be used in order to be able to start trading accordingly. If you want, you can also reach the broker via fax. In addition, questions can also be addressed to the Customer Service Wall.
Furthermore, eToro (UK) Ltd. licensed in the UK under license number FRN 583263 and is regulated by the Financial Conduct Authority. eToro AUS Capital Limited is authorized by the Australian Securities and Investments Commission (ASIC) and eToro Seychelles Ltd. is licensed by the Financial Services Authority Seychelles (“FSAS”) under number SD076.
The bottom line is that eToro is a reliable and reputable broker that can be used online without any problems. The trading options are more than extensive and can be used very transparently via social trading.