e-Toro is a social investing and crypto exchange platform with over 10 million users worldwide. It offers a wide range of financial instruments and features and a variety of payment options. Although e-Toro primarily focuses on the European market, it also has offices in Israel and the United States.
It also offers Forex, stock, options trading, and a social trading feature called “spreads.” eToro’s trading platform is accessible via a web browser or mobile app for Android and iOS devices. While the e-Toro platform is primarily for beginner and intermediate traders, advanced users may find it attractive if they want to trade more complex financial instruments and strategies.
You can start trading now that you’re logged into the e-Toro platform.
Navigate to the assets you want to trade from the left menu. Click on the support you wish to trade. Click on the trading symbol (e.g., BTC).
You’ll see a bid/ask spread and an order book for that asset. The order book lists all orders placed in that market, including the bid price, the current highest ask price, and the amount of buy or sell orders currently available. You can place a market order if you want to buy or sell immediately at the best price, or you can place a limit order if you want to buy or sell at a specific price. If there are no orders, you can place an order at the best price.
Click on the Buy or Sell button depending on whether you want to buy or sell. You can accept the current best price or set your selling price (for selling). You can also cancel a buy order if it isn’t executed at the end of the day. This will not cancel your order for that trade; it will just not be completed until the next day, when the market will reset.
Once you’re done, click Done and then click Continue to confirm your trade.
You’ll then see an overview of your balance, profits, losses, and total trade volume (which consists of future trading volume). The first two numbers are based on your portfolio value at the end of each day (or one hour before). With this final number,etoro calculates how much profit or loss you make per share across all trades for that day. To give you an average figure over time, all trades are divided by the number of shares purchased during a single period (like 30 minutes). The last number is based on weekly trading volume, which means it reflects what happened in weeks 4–6 from now and doesn’t include anything from previous weekly books either