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EToro platform test - the streak continues. # Week 9
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EToro platform test - the streak continues. # Week 9

created David BurdaAugust 17 2020

This is the penultimate week of our social trading test with the platform eToro. Let us remind you that the start itself and the first weeks were not very successful. During this time, we changed investors several times in terms of the values ​​on which their investments are based and the level of risk. The new structure of our portfolio and the increased volatility in the financial markets finally made our balance grow once again.


Check it out: EToro Review - Social Trading Platform


The composition of our eToro portfolio

Our net profit is relatively stable, and the balance of booked funds increased again compared to the previous week. Still  investors adnreiJT and DirtyBob achieve the best results and approach the 20% profit.

etoro performance portfolio

Past performance is not indicative of future performance. The trading history shown is less than 5 full years and may not be sufficient as a basis for an investment decision.

Some of the investors still mainly invest in enterprises such as:

Current account balance since the start of the test:

  • The rate of return on the fund GainersQtr 3,22% (an increase of 0,04% compared to last week),
  • 387 positions remain active,
  • Our result is + 4304,93 USD, which gives a hundred percent return + 4,3 %.

Summation

We are fast approaching the end of our adventure with the eToro platform. For the next week, we plan to summarize the entire 10 weeks of the test and present the advantages and disadvantages of this platform and this form of investing. We also hope that the last week will not disappoint us in terms of profit.

76% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford the high risk of losing your money.


eToro is a multi-asset platform that offers both stock investing and CFD trading.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Past performance is not indicative of future performance. The trading history shown is less than 5 full years and may not be sufficient as a basis for an investment decision.

Copy Trading is not synonymous with investment advice. The value of your investment may go up or down. Your capital is at risk.

eToro USA LLC does not offer CFDs and does not make any representations or be responsible for the accuracy or completeness of the content of this publication, which was prepared by our partner using publicly available information about eToro that is not specific to entities.

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About the Author
David Burda
An active trader on the Forex market since 2017, specializing in the currency and commodity markets. He considers highly effective technical analysis combined with simple investment tools. Privately, a fan of spending free time actively.