Abstract:Stop Copy and Maintain is a new tool from online broker eToro that lets you keep your current assets after you stop copying other investors.
Before, when an eToro user stopped copying an investor, all of their positions were automatically closed. Traders may now choose whether to take it or leave it.
This new tool allows traders more control over their assets while decreasing their reliance on the investor they imitate. Traders can now choose to cancel all open deals or keep them in their portfolios.
There are two ways to stop imitating an investor.
Stop Copy and Close All: If you choose this option, you will sell all positions in the copy, and all monies will be transferred to your 'Cash Available' balance.
Stop Copy and Keep All: This is a new eToro CopyTrader option that enables you to withdraw positions from a copy and store them in your portfolio directly, even if the market is closed. Only monies that have not yet been invested will be transferred to your 'Cash Available' amount.
To cease imitating someone:
Go to your Portfolio and choose the trader you want to stop imitating.
Next to the chosen merchant, click.
From the menu, choose “Stop copying.”
On the new screen, choose 'Close All' to cease copying completely, or 'Maintain All' to keep the duplicated transactions in your main portfolio.
Choose 'Confirm'.
About eToro
eToro is a new kind of trading platform that stands out for its unique social trading experience. eToro's social trading network lets users look at and copy the trades of more experienced investors in crypto, stocks, and ETFs. The website for the platform is very easy to use, so investors can quickly choose traders to follow or make their own trades on the platform. eToro is used in more than 140 countries, which shows that it is available to a wide range of people. However, eToro is not accessible to investors in all states in the United States. eToro also doesn't have many of the tools and features that other trading platforms have. This implies that the platform will be beneficial exclusively to more experienced investors. The program is perfect for traders who want to focus on social trading and digital currencies. Traders looking to do more will almost certainly discover better online brokers.
eToro's Regulation
Yes, eToro is completely legal. eToro (Europe) Ltd. is a Financial Services Company licensed and regulated by the Cyprus Securities Exchange Commission (CySEC). Under Australian Financial Services Licence 491139, the Australian Securities and Investments Commission (ASIC) has given eToro AUS Capital Pty Ltd. permission to offer financial services. The Financial Conduct Authority (FCA) has authorized and regulated eToro (UK) Ltd under license FRN 583263. The Financial Services Authority Seychelles (“FSAS”) has licensed eToro (Seychelles) Ltd. to offer broker-dealer services under the Securities Act 2007 License #SD076.
Here's how to use the WikiFX Mobile App to discover eToro.
The WikiFX App is a search engine for forex trading. It is available as an online app and a mobile app.
Here's how to find eToro on the WikiFX Mobile App.
First: Launch the WikiFX App on your browser. To access the mobile app, type www.wikifx.com or download the app from the App Store or Google Play Store and install it on your phone.
Second: The search box in the WikiFX App should be visible in the top right corner of the screen. Enter the broker's name, such as eToro, then press enter.
Third: Anticipate a flood of results, including copied websites.
Fourth: Choose the correct broker based on their official website URL.
Fifth: After selecting the appropriate broker, you should see all of the information you want, including complaints from its traders and reviews. If it's accurate, you should be able to see their offices based on their locations, as well as their licenses or regulating agencies.
If you want assistance, please contact WikiFX Support using the information provided below.
eToro web address: https://www.wikifx.com/en/dealer/0001283907.html
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