The social trading community's popular traders (trading leaders), eToro, have good news. This broker and social trading platform yesterday (04/12) announced the launch of additional incentives for the most popular trading leaders. Etoro held a "Popular Investor Program" program with tempting prizes in additional cash.

To be chosen as a trading leader, eToro clients who feel experienced in forex trading must frequently share their trading strategies with other eToro community traders. Leaders are also asked to actively answer questions from their followers, stimulate debate about forex trading, and have a minimum of 10 follower traders who are loyal to copy their trading signals so that they consistently earn at least 100 US dollars per month.

While the conditions for participating in the "Popular Investor" program include a potential participant having a trading history within three months, being connected to social media or having an active social media account, and actively trading every month or maintaining an open position for one month.

eToro's Efforts to Popularize Social Trading

According to Etoro's Head of Public Relations and Communications, Nadav Avidan, this program was held to attract signal copyists and to become a forum for experts to develop their trading skills and receive cash awards for their abilities.

Incentive levels also vary depending on the consistency of their trading results. Trading performance for 1,3,6, 12 months of funds will be assessed. In addition, the large number of followers will affect the assessment. eToro is a forex broker aggressively boosting its social trading platform while others are closing their social trading platform. EToro has also started introducing new trading instruments, namely the Russian Ruble and the Chinese Yuan, to gain interest from the countries that use these currencies. You can click on Broker Reviews and Popular Brokers for complete information about brokers.