How does copy trade work n eToro?

Asked 4 years ago

Couldn't eToro do a bit better job regarding their copy portfolio communication? I saw 3 different portfolio rebalancing messages, all the same; just cut and paste with very few changes. But there is no mention of how to add money or anything of that sort. How and when should I add money to copy trade on eToro? I would also like to know if you invest in a copy portfolio at a random time and whether you make the purchase immediately or once a day. Thanks

Copy trading Money deposit on brokerage account Etoro Portfolio copy

Andrew Moran

Wednesday, July 28, 2021

Here is a step-by-step breakdown of how to copy trade on the eToro trading platform:
Open an eToro account.
Select the user you would like to copy.
Write the amount you would like to place on an investment.
Hit "COPY."
You start or stop copying another investor at any point. You can also employ stop / loss for the copy and add or erase funds. The trades take place almost immediately after copying the trade.
Be sure you have the minimum amount to copy a trade, which is $200. You also need a minimum amount for each copied position of $1. Aside from that, there is no additional charge to copy a trader.