Your eToro social status is very important for your Popular Investor journey. There are many benefits to consider with the Popular Investor program if you can grow beyond the Cadet tier. Fee-free withdrawals begin at Rising Star, and you will receive a Financial Times subscription as a Champion. When you reach Elite, then you’ll have access to a platinum account manager as well. Here are some ways that you can begin to grow your presence on this platform.
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67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Note that this does not apply to US Users and eToro USA LLC does not offer CFDs.
Continue to trade regularly.
It is more likely that you will receive copiers when investments are happening. Waiting months to see a first trade will not create results. Try to maintain a steady pace that follows the strategy you described on your account.
Trading regularly doesn’t mean over-trading.
eToro assigns a risk profile to each account. You will want to be trading in a way that can maximize gains without using a significant portion of your assets. Most Popular Investors use less than 4% of their account capital per trade, using a low level of leverage, to limit the adverse impacts that could happen to their copiers.
Specialize in a specific area.
The best investors on eToro typically stick to a specific strategy that generates long-term results. A lot of members tend to focus their copying on particular asset classes. Instead of trying to be everything to everyone, it helps to carve out a niche where your expertise can shine.
This is the most important part to grow your eToro social status. Informed members are more likely to copy you if they know the specifics about your investment strategy. Leave a weekly post on your feed that outlines the reasons behind each trade so that your experience can help other investors begin to build their wealth too. Most Popular Investors see their AUM grow because of their actions rather than an ability to spam asset pages with ridiculous self-promotion.
Take some time to answer questions.
Although you won’t be touching the assets of your copiers, eToro does give you the option to answer their questions. Most of the people who follow you will not have extensive trading experience. Providing them with answers can help each copier to understand why you make specific choices with your account. When there is a greater understanding of your position, then there is a higher chance that you’ll get copied.
Start an eToro investment blog.
When you begin the process of becoming a Popular Investor, then you are creating a brand for yourself. It can help to expand your online presence to a personal investment blog where you can write with greater detail about your decisions.
Don’t be afraid to talk about your experiences with your family, friends, and followers on your favourite social media platforms. You still need a successful history of trading on eToro to become a Popular Investor, but this brand outreach effort can help you to grow over time as well. Don’t be afraid to promote your Twitter, Facebook, Website or Instagram.
