2 months ago, I started exploring a very unique investment platform, eToro. This is a very controversial social trading portal, often labelled by others as “Scam”. Nonetheless, eToro is gradually getting accredited by reputable authorities in the world.
eToro was founded in 2007, with its HQ in Cyrus (hence the suspicion in old days), not until 2010 where it introduced its unique function – social trading with “CopyTrading”. It enables investors to view, discuss, follow and copy the network’s top performers’ trades automatically. It uses CFD as investment vehicle, and in recent months launches the most-welcomed feature to invest in the underlying in long unleverage position.
Very importantly, eToro has now acquired the following regulations, which has proven its credibility in liquidity risk.
- EU – by CySEC authority
- UK – by FCA
- US – FinCEN
- AU – ASIC
Another features I like the most in eToro is the forum-style investment discussion, as well as the user friendly financial reports & insider activities. One can find like-minded strangers in investment journey, many who in fact are very talented in stocks analysis and are able to provide different insights.
Come and join me in eToro, click here for my profile – of course I’ll be happy if you would like to copy me, let’s have some ideas exchange there.
Journey to Financial Independence 