eToro Copy Trading: Insights from Reddit Users

Discover the Pros and Cons of eToro Copy Trading: Insights from Reddit Users


eToro is a trading platform that allows people to work together when buying and selling stocks and other investments. It started in 2007 and has become very popular among traders and investors. One cool thing about eToro is its Copy Trading feature. This lets users copy the trades of successful traders on the platform. In this article, we will talk about the good things and the not-so-good things about eToro Copy Trading, based on what Reddit users have said. This will help us understand what it’s like to use this feature and figure out if it’s a good idea for us.

Pros of eToro Copy Trading



: When you copy other traders on eToro, you can spread your money across different traders. This is a good thing because if one trader does poorly, it won’t hurt your whole portfolio.



: eToro Copy Trading is great for people who are new to trading. You don’t need to know a lot about the market or how to trade on your own. You can just copy what other successful traders are doing.


Easy and Time-Saving

: Copying other traders’ trades saves you time because you don’t have to do all the research and decision-making yourself. You can let the traders you copy handle all that for you. This is good for people who are busy and don’t have time to monitor their investments all the time.


Learning Opportunity

: When you copy other traders, you can learn a lot from them. You can see what strategies they use and how they make decisions. This can teach you a lot about trading and investing.


Social Interaction

: eToro is a community where traders can connect with each other. Copy Trading lets you be a part of this community and learn from other traders. You can ask questions and talk about different investments with them.

Cons of eToro Copy Trading


Overreliance on Others

: When you copy other traders, you depend on their success. If they make bad decisions or lose money, it will affect your own portfolio.


Not Foolproof

: Copying trades doesn’t guarantee that you will make money. Sometimes the market changes, and what was working before doesn’t work anymore. You need to be careful and keep an eye on your investments.


Hidden Risks

: eToro tries to make sure that the traders you copy are good, but there is still a risk of scams or false claims. You need to do your own research to make sure you’re copying the right traders.


High Minimum Investment

: To use Copy Trading on eToro, you need to have a lot of money to copy multiple traders effectively. If you don’t have a lot of money, it might be hard to use this feature.


Limited Control

: When you copy other traders, you give up some control over your investments. You don’t get to make all the decisions yourself.

Frequently Asked Questions

1. How do I start Copy Trading on eToro?

To start Copy Trading on eToro, follow these steps:
– Open an eToro account and finish the verification process.
– Allocate some money to Copy Trading (it’s recommended to start with at least $200).
– Research and choose the traders you want to copy based on their performance and strategies.
– Click the “Copy” button on a trader’s profile to link your portfolio to theirs.
– Check on your copied traders regularly and see how they’re doing.

2. Can I copy more than one trader on eToro?

Yes, you can copy multiple traders at the same time on eToro. This way, you can spread your money across different traders and reduce risk.

3. Can I change the trades made by the traders I copy?

No, you can’t change the trades made by the traders you copy. eToro Copy Trading works automatically. However, you can set limits for when you want to stop or take a profit on your copied trades.

4. Are there fees for Copy Trading on eToro?

Yes, there are fees for Copy Trading on eToro. You will have to pay spreads, broker fees, and an eToro management fee. But you only pay the management fee if the traders you copy make you money.

5. Is Copy Trading on eToro for everyone?

Copy Trading can be good for both beginners and experienced traders. Beginners can learn from successful traders, and experienced traders can share their strategies. But before you try Copy Trading, think about your own goals, how much risk you’re willing to take, and if you’re okay with someone else making decisions for you.


1. eToro website:
2. eToro Copy Trading:
3. Reddit:
4. r/eToro subreddit:

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