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Best Etoro Traders In September, 2021

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Best Etoro Traders Forex Finance Illustrated

There’s no better way of becoming a trading champion than by learning from the best eToro traders. But who are the best eToro traders? We’ve compiled a list below of the top traders to get you started on your trade copying journey.


Given the anonymous nature of the internet, there is always a risk that people might not be who they say they are. When social trading, it is important you ensure that any traders you risk giving capital to, are precisely who they appear to be. We’re here to help you with a regularly updated list of well-analyzed traders we would recommend to any trader.

What if you had invested $ ago?

List of the Top eToro Traders


Blue Screen Media ApS
Gain 91.77%Risk score 3Manages $500K+21383 CopiersVIEW
75% of retail CFD accounts lose money

Kenan Abel
Gain 22.19%Risk score 3Manages $500K+2412 CopiersVIEW
75% of retail CFD accounts lose money

Patryk Peltonen
Gain 9.20%Risk score 3Manages $500K+3040 CopiersVIEW
75% of retail CFD accounts lose money

Zheng Bin
Gain 86.33%Risk score 4Manages $500K+4611 CopiersVIEW
75% of retail CFD accounts lose money

Olivier Danvel
Gain 3.09%Risk score 1Manages $500K+7546 CopiersVIEW
75% of retail CFD accounts lose money

Marko Grecs
Gain 44.23%Risk score 3Manages $500K+2075 CopiersVIEW
75% of retail CFD accounts lose money

James Helliwell
Gain 21.73%Risk score 3Manages $500K+647 CopiersVIEW
75% of retail CFD accounts lose money

Daniel Khajenouri
Gain 30.51%Risk score 4Manages $500K+1499 CopiersVIEW
75% of retail CFD accounts lose money

Ed Butler
Gain 31.91%Risk score 4Manages $500K+10226 CopiersVIEW
75% of retail CFD accounts lose money

Richard Stroud
Gain 27.93%Risk score 3Manages $500K+18292 CopiersVIEW
75% of retail CFD accounts lose money

Jay Edward Smith
Gain 71.09%Risk score 5Manages $500K+29367 CopiersVIEW
75% of retail CFD accounts lose money

Kenneth heston Bardales
Gain 94.05%Risk score 4Manages $500K+370 CopiersVIEW
75% of retail CFD accounts lose money

timothy Assi
Gain 89.63%Risk score 4Manages $500K+943 CopiersVIEW
75% of retail CFD accounts lose money

*Total Gain calculations does not guarantee future profit.

Check out these traders and see if you like their investment strategies. All are currently providing impressive gains and helping out others in the chat section.

Main Variables That Determine Their Strength

1. Drawdown stats,
2. Risk level,
3. Steadiness of profits,
4. The length of trading history,
5. The count of current copy traders.

Remember, that our table does not include profits as this should not be a defining factor in your decision to copy a trader. As with any broker or trader, you’re still the investor, who accounts for any profits or losses you may stumble upon.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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 to take the high risk of losing your money.

Past performance is not an indication of future results. Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

What is copy trading?

Copy trading is a form of trading where the market positions of one trader are copied by other traders. It allows individuals to align part of their portfolio with experienced traders and take advantage of their market knowledge. 

Experienced traders whose investments are copied are called signal providers or leaders. Leaders act as de-facto portfolio managers. However, copy traders do not pass any capital to the signal providers, instead, they only copy the actions of the signal provider. Copying can be done automatically or manually.

How does copy trading a.k.a social trading work?

social trading

Copy trading allows individuals to copy the actions and decisions of an experienced trader. That means when they enter the market and buy, you buy. When they’ve done the analysis to sell, you sell. This process can be automatic or manual. With eToro the positions are copied automatically.

Trade copying is a passive form of investing where you’re relying on someone else’s expertise. So when they make a profit, you do too. Having said that, be aware that it also means that when they make a loss, as do you. 

Similar to the usual market trading, copy trading is about reading graphs and data. However, copy trading is more about analyzing past performances of other traders instead of market movements.

The number of copy traders following an experienced trader is unlimited. As a trader’s portfolio performs better, they’ll likely see an increase in individuals copying their market positions.

What are the pros and cons of copy trading?

There are several pros and cons when it comes to copy trading. These include:

Pros

👍 Great for individuals who don’t have the time or knowledge to trade independently.

👍 Allows investors to diversify their portfolio into markets they’re unfamiliar with.

👍 Perfect for beginners looking to learn from experienced traders.

👍 Ability to learn from successful traders and how they manage their portfolios.

 

Cons

👎 Not a risk-free way of investing as your money is tied to the decision of another trader who may or may not make a profit.

👎 Copy trading can inhibit traders from learning about the markets and instead spend their time learning about other traders.

How to find the best traders to copy?

Before copying other traders, it’s important to do your research. Look out for the following elements to find the best traders to copy:

✅ Performance history. What has the trader’s performance been over the last 12 months? How was their performance when the market was bullish or bearish?

✅ Returns. What are the returns of the trader? Are the returns consistent or sporadic? 

✅ Number of copiers. How many other investors are following or copying this trader? Is the number of copiers going up or down?

✅ Risk level. What is the trader’s risk level? What assets is the individual trading? Remember, don’t risk money you can’t afford to lose.

copy trading

On trading platforms such as eToro, you’ll find this information on their trade copying dashboard. Trader ranking is based on their portfolio’s return, how many copiers they have or even selected by the editors of the platform. You’ll find everything from forex copy traders to crypto traders.

FAQs

Is copy trading profitable?

As with all investment opportunities, there’s potential to make or lose money with copy trading. Yes, copy trading can be profitable. However, there’s always a risk of losing money in the event that the trader you copy makes a loss. Do not trade with money you are unable to lose.

What’s the difference between copy trading vs mirror trading vs social trading?

Social trading is where novice traders engage with experienced traders via social platforms. This method of trading can be time-consuming as you’re constantly monitoring the market and the actions of the trader.

Mirror trading is a method of trading where traders copy individual strategies. Mirror trading is a service offered by a limited number of financial institutions.

Copy trading is where traders replicate the exact actions of an experienced trader. Copy trading isn’t limited to financial institutions, instead, anyone can copy any trader on platforms such as eToro.  

Is copy trading legal?

Yes, copy trading is legal in most countries around the world. However, always make sure you’re trading with a legally regulated broker.  

What should you know before copy trading?

It’s important to do your own market research before copying a trader. At a minimum, you should know how a particular asset works and what trends and triggers you should look out for.

If you’re new to forex trading then take a look at our free Forex trading school. You’ll learn everything from what influences exchange rates to the best analyses you can conduct on the forex market.