Should I join a social trading platform?
Asked 3 years ago
Hey, I have been wondering if I should join a social trading platform. Has anyone here had any experience with social trading? If so, what are some of the best social trading networks and/or platforms? Thank you very much!
Osasere Okunloye
Wednesday, September 01, 2021
You should join a trading platform if you want to learn trading faster. Please note that it is not a get rich quick scheme, and things will not always be rosy. You can use brokers like eToro and Avatrade as they will recommend for you good and experienced traders; with in-depth data for you to scrutinise and make your choice.
Andrew Moran
Wednesday, September 01, 2021
Social trading platforms are great learning tools for somebody who has recently gotten interested in investing in stocks, commodities, and cryptocurrencies. But it is not something you should place all your eggs in one basket.
Ultimately, you want to join a social trading network or platform that has been around a long time and with plenty of positive reviews. Typically, the most popular and top-rated websites are AvaTrade, eToro, and Pepperstone.
Before diving headfirst into this realm, it would be best to dip your toes in the water first. As you become more familiar and confident in this area, you can then grow your exposure.
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