Is it worth copying traders on eToro?
Copy trading on eToro can be worth it if you want a way to invest easily without needing a great deal of knowledge in financial markets. However, bear in mind that copy trading may mean you have less control over how your money is invested.
Do Copy traders make money?
Copy trading can be profitable if a trader is able to accurately predict which trader will be successful and copy their trades. However, given that even the best traders make mistakes, choosing to mirror another trader’s activity is extremely risky.
Is copy trading good for beginners?
Copy trading is generally ideal for beginner traders as it allows them to trade way beyond their level of experience or expertise.