eToro’s trading platform can be used by investors of all experience levels, from newbies to advanced traders. The venue is easy to navigate and intuitive as all of the critical information you need is right in front of you.
First, you’ll need to create an account with eToro. You can either create a new account or log in to an existing account. Next, you’ll need to verify your phone number. This is to help combat fraud and protect you from scammers. You can also add an emergency contact who will be the first to know if you lose access to your account.
Once your account is verified, and you’ve added a contact, you can open an account. You can then go ahead and start trading on eToro review.
The first thing you’ll want to do is get familiar with the trading platform. This will allow you to feel comfortable with the interface and know what to expect when trading.
You’ll want to first select “TRADING” from the top navigation bar, which will take you to your dashboard page. You’ll see all of the different markets that eToro offers and their corresponding symbols. You can also see the current trading volume and how much it has changed in the last hour. You’ll also want to check out the order book. The order book is a list of all of the different orders currently on the market. You can see how many shares are being traded and where they are being bought or sold. This information is vital for finding profitable trades because you’ll determine which claims are in demand and which ones aren’t at a specific price.
You’ll want to start by looking for stocks with a high trading volume and low price. This will allow you to find potential trades that have not yet found their way into eToro’s market but could still be profitable once they do.