Introduction To Making Money With Passive Investment Strategies.

Hello Money World,

Welcome to my team of online entrepreneurs. I will take you under my wing and show you the true path to financial success. If you are looking for any information regarding on how to invest and where to invest this blog will explain the basic principles and concepts of investing. Also I will review only the top investment program opportunities available to make a stable and profitable income stream to secure your financial future.

In this blog we will be talking about the many different investment opportunities many people don't know that are out there in the online world. Lets face it we all have tried internet marketing with commissioned based companies like clickbank, amazon affiliates, paydotcom, and many other similar programs. But lets be honest these markets are not for beginners and I know.

I have spent hundreds of dollars buying the next big money making fab in hopes of finally making money in the online world. Its not easy with commissioned driven businesses to truly make money on complete auto pilot unless you are a pro internet marketer.

I have learned over the years that instead of wasting my time and money trying to sell products for other people just to get small commissions here and there, with hard work and effort, that now it was time to move to something more reliable. Instead of working for my money, I want my money to work for me. That is why in this blog you will find out about the power of investing and compounding your money to make your investments reach large scaleable heights. "It takes money to make money." even starting off with 10 dollars can go a long way. It will just take you a longer time to reach your first cool million dollars. My goal is to get you on my level and in the programs I am investing in so that you too can make huge profits off of my success. I am not necessarily talking about stocks at the moment, but once you attain enough funds you will be able to grow your money even more with hot stock options.

I know you all know who Warren Buffet is. One of the richest people in the world has accumulated such wealth by the power of investing.

The types of investment opportunities I will cover with you will be on Proven Automated Forex Trading Systems, Forex Social Trading Networks, and Cryptocurrencies. If you want to search each of these in Google and have no idea what they are, you can, but I would advise that you follow my lead on how and what to invest in with each of these methods mentioned above.

I will also include a list of all recommended brokers in which your money will be in a safe environment so that you will be able to withdraw all of your future profits.

Don't worry there is absolutely no work required on your end to use the passive income streams we will be discussing on this blog. The systems we will be using have minimal risk when it comes to investing, once your money has been placed into one of the trading programs your money is already working for you. Guaranteed one of easiest way to make money legally online. 

So follow my lead and I will guide you on the straight path to securing your true financial future away from the evils of hard work with trying to maintain an affiliate marketing business. Investing is a true powerful passive autopilot system where your money works for you and you don't have to work for your money.

I will be posting information and systems daily so check this blog often for your investment advising.

Forex and Crypto Currencies 101

FOREX — the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.

Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.

In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.

Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.

Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with Forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.

Average daily international foreign exchange trading volume was $4.0 trillion in April 2010 according to the BIS triennial report.

Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.

This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by the U.S. Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).

Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.

[earnforex.com]

Cryptocurrency:

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets.^[1][2][3] Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.
Bitcoin, created in 2009, was the first decentralized cryptocurrency.^[4] Since then, numerous cryptocurrencies have been created.^[5] These are frequently called altcoins, as a blend of bitcoin alternative.^[6][7][8] Bitcoin and its derivatives use decentralized control^[9] as opposed to centralized electronic money/centralized banking systems.^[10] The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger.<sup>[11]

Cryptocurrency Overview:</sup>

Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it. The underlying technical system upon which decentralized cryptocurrencies are based was created by the group or individual known as Satoshi Nakamoto.^[12]
As of September 2017, over a thousand cryptocurrency specifications exist; most are similar to and derived from the first fully implemented decentralized cryptocurrency, bitcoin. Within cryptocurrency systems the safety, integrity and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners: members of the general public using their computers to help validate and timestamp transactions adding them to the ledger in accordance with a particular timestamping scheme.^[13] Miners have a financial incentive to maintain the security of a cryptocurrency ledger.
Most cryptocurrencies are designed to gradually decrease production of currency, placing an ultimate cap on the total amount of currency that will ever be in circulation, mimicking precious metals.^[1][14] Compared with ordinary currencies held by financial institutions or kept as cash on hand, cryptocurrencies can be more difficult for seizure by law enforcement.^[1] This difficulty is derived from leveraging cryptographic technologies. A primary example of this new challenge for law enforcement comes from the Silk Road case, where Ulbricht's bitcoin stash "was held separately and ... encrypted."^[15] Cryptocurrencies such as bitcoin are pseudonymous, though additions such as Zerocoin have been suggested, which would allow for true anonymity.<sup>[16][17][18]

[wikipedia.org]</sup>

Recommended Forex Automated Systems

Inertia Trader



Inertia Trader is a new Forex robot built to double your Forex trading account within a few months without using any high risk strategies. The developer of the software is Evan Goldstein and has taken an account from $28,544 in yearly income to consistently building up accounts over $100,000 in profit every few months.

The Inertia Trader software uses no high risk methods and works with any broker and comes with a risk-free guarantee. The guarantee is a 60 day money-back guarantee and there is also a 7 day free trial. After the trial the product costs $147 every 5 years. This is a unique payment model as most EA’s are either a one time fee with a handful charging monthly. Very worth the price. This EA can grow account exponentially under any market conditions. Highly recommended to add to automated trading portfolio.


 
Vortex Trader Pro


 

It is not a scalper or grid trader, not even a martingale system.

It's based on SAFE & PROVEN trading fundamentals that could yield excellent stable results over many years in the past, these include auto trade management, auto money management, profit protection system and false signal bypass system.

Some popular indicators used by Vortex Trader PRO include CCI, Moving Averages, WPR, and others.

By measuring market volatility and oscillation, accounting trends and tracking price action, the robot can use the resulting data and combine it perfectly with its settings and built in indicators to wipe out the majority of harmful and bad signals, what finally results in being a huge win rate system.

A minimum of not less that $200 account balance is required for the robot to trade successfully, while its developer recommends a starting balance of $500 to $1000 for a stronger trading.

Trading Strategy:

By measuring market volatility and oscillation, accounting trends and tracking price action, the robot can use the resulting data and combine it perfectly with its settings and built in indicators to wipe out the majority of harmful and bad signals, what finally results in being a huge win rate system.

Rev Trader Pro

 

The robot doesn't apply any martingale or grid strategy; the misleading tactics that could grow your account rapidly but later it'll be destroyed completely. REV Trader PRO profits from the market volatility regardless of its direction, up or down, it just rides the wave.

It's not even a scalper, protecting your money from losses by commission, spread, slippage, and broker sensitivities.

Although it comes with a powerful set of controls to refine and adjust its performance, all are preset to extremely excellent default settings.

Trade Reversal Detection Technology

It allows the robot to detect the market potential reversals with high accuracy.

False Signal Detection Technology

It allows the robot to detect and avoid false trading signals and works in conjugation with the trade reversal detection technology adding an extra level of safety.

As wes clarified, REV Trader PRO, its entire strategy, analysis and tactics all run on H1 timeframe.

Once a potential winner signal is detected by the robot proper identification of the market pattens, all the systems do their checks on that signal.

One final confirmation is performed by internal switching to the the Daily chart and re-analyze to track the direction of the trend and compare it to the acquired signal on the H1 timeframe.

If there is matching between the analysis results, the trade is performed, if not, the trade is considered false, as the daily charts clears out the short term market impurities and make its general direction more obvious.

If a signal on the H1 chart appears to be a loser one while on the daily is in favor to it, its highly probable will recover in the profitable direction. 

Account Risk Management

Through it you can preset a risk percent which you'd like to oppose your account to depending on its equity. 

Trade Operation Management 

It's more important than opening a trade, to select the best timing for its closure. This is a build-in dynamic trade management system that locks in profits to enhance your account growth and make this growth smoother.

Trading Strategy: This is not a martingale or a grid strategy based robot. It monitors the vertical pattern swings and determines the highs and lows and uses the data to make an entry on the reversal of market movement. It employs a built-in unique brilliant filters to detect false trade signals.

GPS Forex Robot

GPS Forex Robot independently takes all of the information from the market and calculates the necessary parameters for optimal trading. On the backtests the EA shows unbelievable stability and very good profit. Moreover, this robot is not sensitive to the spread. For example, with the EURUSD pair, for only one trading operation, the expert takes an average profit in 8 pips, while the average spread for this currency, for example on the Alpari UK or IamFX brokers, is only 0.6 pips.

Like a GPS navigator in your car the robot is trying to predict the short term movement with a very high probability. That's why it's so called "GPS Forex Robot".
In 98% of cases it is right.

And in the 2% of cases when it is wrong, Antony & Ronald added a great reverse strategy inside which instantly opens a trade in the opposite direction and covers the small loss. This simple trick makes the robot really undefeatable on both backtest and live trading!

And the best part is - The robot does not involve any tricks like martingale, grid or no-stoploss trading that can easily blow your account.

Trading Strategy:  GPS Forex Robot independently takes all of the information from the market and calculates the necessary parameters for optimal trading. On the backtests the EA shows unbelievable stability and very good profit. Moreover, this robot is not sensitive to the spread. For example, with the EURUSD pair, for only one trading operation, the expert takes an average profit in 8 pips, while the average spread for this currency, for example on the Alpari UK or IamFX brokers, is only 0.6 pips.


Broker Arbitrage

Using arbitrage trading strategy, Broker Arbitrage detects the ideal trade opportunity points for 7 different of currency pairs.

It's not a scalper

Despite opening trades up fast they are not performed so rapidly preventing broker failures provided that the trades execution is purposeful and closing them out is done exactly at the right moment.

It's not a grid trading robot

It determines a definite stop loss and take profit which are not so low, and trades are not left with more trades opening as the case with grid trading, so no issues with brokers not closing the trade properly or intended trades failing to profit can exist.
It also has a special trailing stop technology that maximizes and locks in profits.

Risk

Risk in essence is less than 4-5% as it is distributed among multiple currencies making it rarely if not impossible to lose on all of the trades, while using small accounts makes hovering negative trades opened caused by the broker spread significantly less.

Trading Strategy: Arbitrage trading strategy where a certain currency positions are being opened depending on two different broker price feeds. It exploits differences in the price from each feed and profits from those discrepancies.

KeltnerPro

A super simple twist system on Keltner Channels which is a tool used to identify reversals with channel breakouts and channel direction and can also be used for identifying overbought and oversold levels from another strategy that was previously created.

This is based on the trading ideas discussed in a book called "How to Make Money in Commodities", by Chester Keltner.

The robot applies a dynamic Stop Loss and Take profit, what means that they are trade dependable and change according to every trade situation, but usually, the Stop Loss will be half of the Take Profit and this means that each win will be much larger than each loss.

The average trading rate of the robot is about 30 times / month or one trade a day and it usually trades in groups which may result in several successive days or even weeks without positions being opened while you may also find it opening 10 positions in a single day, it's sensitive to a very specific set of conditions which if met the robot starts to trade.

Trading Strategy: A super simple twist on Keltner Channels; a tool used to identify reversals with channel breakouts and channel direction and can also be used for identifying overbought and oversold levels from another strategy that was previously created. This idea is based on a book called "How to Make Money in Commodities", by Chester Keltner. KeltnerPRO is entirely automated.


Fapturbo 3.0 




Trading Strategy:Fapturbo 3.0 trades 6 pairs with an extreme high trades frequency in addition to the crypto-currency Bitcoin, the electronic money that is making news.

Forex Megadroid 

 

Forex Megadroid is basically an Asian session scalper, due to high effectiveness Pierre and Grace guarantee of their EA, they limited its customization by the trader provided that it tweaks itself whenever the market conditions change without involving any guesswork degree in its performance.
The EA applies a new technology called RCTPA (Reverse Correlated Time And Price Analysis), first used by Forex Megadroid, by which unlike other EAs, it places trades that seeks the future rather than holding forecasts guided by the past trades. Forex trading technology has evolved stunningly and while other programs are still using extinct strategies, Forex Megadroid has been gathering those technology advancements.
Forex Megadroid resets its algorithm according to the current market conditions insuring your profits and minimizing your losses. The algorithm will help you not to fight that bad feeling when you have four winning trades effaced by a losing one.

Trading Strategy: Forex Megadroid is an Asian session scalper, it resets its algorithm according to the current market conditions insuring your profits and minimizing your losses, it applies a new technology called RCTPA (Reverse Correlated Time And Price Analysis), it's able to trade without being detected by the broker

Volatility Factor

Trading Strategy: Volatility Factor EA trades by opening a basket of 4 positions maximum depending on market volatility, taking profit at 20 pips with hard SL of 380 pips for GBPUSD (9/300 for EURUSD), but often closes way before that

Forex Striker

Setting up the EA is so easy, usual meta trader platform is suitable. You integrate it with the robot and in a few steps you'll be ready to go. It can trade with almost any currency pair. Forex Striker can make 8 profitable trades before failing one on average
Forex Striker Robot allows you to join real live trading Forex experts, copy and paste their trades, this is how the EA thinks and adapts, it trades on completely autopilot. Their signals are actually just been shared with the EA trades, and for this they got paid.
In fact you'll get a robot programmed to be able to use the most accurate techniques to make a profit. So it's not just standard EA that keeps trying the same manner for ever till making a success, but this is a totally different robot working under different circumstances

Trading Strategy: A scalping Forex robot, trading on the 5M timeframe, can run on accounts of as less as $500 - $1000, with a risk of only 3% per trade, the robot codes are simplified facilitating the control of memory overloads in the computer which can lead in PC crashes, the robot is able to adjust the trade's SL/TP values according to the market movements, it can also track floating spreads and execute them into the trading strategy.

Wallstreet Forex Robot

 

Well, now we know the most important characteristics of Wall Street Forex Robot; it's ascalper, running 24/5, uses the M15 timeframe and the pairs recommended by the provider are EURUSD, GBPUSD, USDJPY and USDCHF, while USDCAD is also working but not officially supported.
The manual is a somewhat confusing for the supported pairs as in the beginning EURUSD, GBPUSD and USDJPY were only mentioned, but later on USDCHF was mention as well; in addition, as you will see, USDCHF is there in the backtests presented on the EA website as well as in the official live forward test.
More few facts about this EA should be known, I'll try to list them briefly. It's probably not a good idea to manually configure each pair SL and TP although you can. The EA gets its settings updated from the server after authorized access configuring each pair preset values; the stop loss ranges from 120 pips on EURUSD and GBPUSD to as high as 160 on USDCHF, while the TP is around 25 pips, with the notable exceptions of GBPUSD where TP is 50 and USDCAD where TP is 14. The stop loss is rarely touched, though - by deeper inspecting the backtests - as any sensible scalper EA, in most cases when the market moves against it it can close the trades before hitting SL the average win / average loss ratio being roughly 1:2.75. It has also an ability to take profit early before the take profit target is hit by its positions, when it figures that's as many pips as the market is going to give it.
The strategy itself is fairly simple; a few indicators which are shipped with Metatrader are involved in a creative way, so the entry signals are determined. It has retry loops for opening/closing orders, denoting a certain degree of experience with automated live trading. Although the DLL programming is sometimes an obstacle for EAs running on multiple pairs with the same DLL, in this case it seems to be entirely thread safe.
When running on the recommended four pairs, the average of WallStreet Robot is about 3.5 trades / day and almost 5 trades / day when running on all five, so it qualifies as a rather frequent trading EA. There's no GMT setting as it trades around the clock, so it's not to worry about in this case.
Wall Street Forex Robot is completely compatible with the NFA rules as it opens only one trade at once on each instrument traded, there is no problem with FIFO and hedging. But you need to be careful as if it operates together with another EA trading the same pairs on an account with the NFA restrictions in place, this might lead to inability of one of the EAs to open trades.

Trading Strategy: A scalper EA that's not limited to the Asian session, opening positions around the clock with a fairly profitable outcome, a few indicators which are shipped with Metatrader are involved in a creative way, so the entry signals are determined. It has retry loops for opening/closing orders, denoting a certain degree of experience with automated live trading. Although the DLL programming is sometimes an obstacle for EAs running on multiple pairs with the same DLL, in this case it seems to be entirely thread safe.

Forex Diamond EA

The EA implements 3 advanced market domination strategies; a combination of trend and counter-trend strategies, smart money-management, dynamic trading parameter configurations and rapid trade execution.
Forex Diamond is designed to trade with 3 proven market domination algorithms packed together:
Secure After-Retracement Strategy
Forex Diamond ЕА systematically filter and implement profitable trades using its Trend-Retrace Signal Strategy. With self-possession the algorithm applies well scrutinized trading parameters to make profits from the market trend while sheltering your gains.
Secure Counter-trend Strategy
Forex Diamond EA monitors the market for potential trend reversals using its Counter-trend Strategy once an opportunity is at target, Forex Diamond EA sets its trading parameters to maximize the profit from that trade.
This strategy allows profiting even in special market conditions.
Aggressive Counter-trend Scalping Strategy
Forex Diamond EA delicately and rapidly​ raises executed trades small spread using its Countertrend Scalping Strategy. It can fit even the most volatile markets by fast adjusting your trading parameters through its dynamic trading system.
40+ Recovery Factor
Recovery factor is what determines the EA ability to earn more compared to its losses, simply it equals the pip net profit divided by pip drawdown, for example if an EA earns 20,000 pips with a drawdown of 1,000 pips, then its recovery factor would be (20,000/1,000 = 20) and this is deemed very profitable, and such EA is expected to be using a very good trading strategy.
Forex Diamond EA authors stated that the EA can earns 40x more money than it loses, what means that its recovery factor can reach 40.
However, you always have the choice to run the EA on a single, choose the best couple according to your insight, or let it combine all of them.
You should take in consideration that the results will vary after the size of your account, your distaste to risk, outside market factors, and your overall strategy.

Trading Strategy: Forex Diamond EA is a unique integration of trend and counter-trend strategies, smart money-management, dynamic trading parameter configurations and rapid trade execution, implementing 3 advanced market domination strategies; secure after-retracement, secure countertrend and aggressive countertrend scalping strategies and designed to trade with 3 proven Forex trading algorithms.

Million Dollar Pips

Trading Strategy: Scalping, very short trade duration, multiple concurrent positions possible; due to the pips per trade low average number, this EA results will sure vary greatly from one broker to another.

Recommended Crypto Currencies

The Billion Coin:

The Billion Coin or TBC is a crypto-currency and a new alternative to Bitcoin, but without all of the pricing volatility. TBC is an abundance based currency and appreciates in value 1% to 5% daily and is soon to be backed by a world Banking Fiat Currency Exchanger.

The Billion Coin Membership Agreement

The formula begins with a membership agreement. All members of The Billion Coin community agree that this coin will never go down in value; it can only go up in price. This agreement is hinged on a software program that drives the price of TBC up by 1% to 5% daily until it reaches its Ultimate Price.

Penalty for Breaking the Membership Agreement

All of your TBC wallets will be suspended without warning FOREVER if submitted documentation proves that you are attempting to or have broken the Membership Agreement. All buying and selling of TBC coins must be done at the Current Price. Selling TBC coins at a discount is strictly forbidden and punishment will be swift and without notice given. All packages of TBC coins sold adding TBC coins as a gift will also be considered a discounting of the price of TBC and will be punished. Writting a installment contract is the same as discounting the future price of TBC coins. Any activity that creates competition between members on the basis of price is some form of discounting. The foundation of the TBC community is the Membership Agreement and we will not allow anyone to crack it, and have zero tolerance for anyone who attempts to break it.

The Ultimate Price

The formula of the Ultimate Price of The Billion Coin is one Euro multiplied by the total number of Verified Members within the community. For example, if the total number of Verified Members equals 10,000, then the Ultimate Price of The Billion Coin is 10,000 Euros per coin.

The Initial Price

We Launched The Billion Coin on March 21, 2016 with the Initial Price of 0.001 Euros per TBC coin.

The world needs a solid crypto-currency that is decentralized! The banks and governments have run amuck with our money and have decimated its value!

Just know that You have total control of “Your Money” when you use a truly decentralized crypto-currency like TBC. You are the only one that holds the private keys and passwords that protect your TBC wallet. If you protect those keys and passwords properly, not even the best hacker in the world could gain access to “Your Money!”

To learn more about this Cryptocurrency please visit: thebillioncoin.info

To get Free TBC worth 250,000.00 Euros by Maturity Please visit: kringle cash website

Forex and Binary Options Social Trading Networks (Sit back and Copy Real Live Professional Traders)

Top Social Trading Networks to Copy Professional Traders:
eToro OpenBook Review:(Not for USA traders/Broker is working on future USA Clients)

 
 

What’s clear when using eToro is the simplicity and ease of use of the eToro social trading platform, OpenBook (AKA Copy Trader). Their aim is to make the financial markets accessible to more people and they achieve this by offering a fully integrated solution. Because eToro is both managing the social investment network and acting as a broker, investors can manage everything through the same interface (i.e. no need to sign up with a different broker).

The information made available in OpenBook about the past performance of the traders you may consider copying (i.e. the “Professional Investors” previously known as Gurus) is also kept basic, making it easy for novice investors to use, though lacking the depth more serious investors may look for. I.e. past performance is mainly represented in terms of % gains over the past week, 1 month, 3 month, 6 month and 1, 2 and 3 year periods. Unfortunately the way the gain % is calculated is not transparent. The formula should ” take into account all the relevant numbers and transactions in the trader’s account”. However, because the full trader’s history is not available (a massive omission in our view), the gain % calculations cannot be replicated.

Solely making investment decisions on these often very large % gain numbers may set some wrong expectations. However, eToro allows you to trade with a free fully functioning demo account (click here to try). This allows you to follow “Professional Investors” using virtual money to evaluate and review their performance in $ gain terms. This will give you a more realistic view of what you can expect when you allocated say $1000 to a certain “Professional Investor”.

The amount of “Professional Investors” available on OpenBook is large and by joining the eToro social trading network, anyone becomes a potential “Professional Investor” (i.e. you can follow anyone you like, even people who only follow other people can become “Professional Traders”, and likewise, so can you). As such, eToro stays true to their vision to create a completely open network where everyone can share, learn, copy, interact and compete with one another. It’s also worth noting that anyone who becomes a “Professional Investor” displays their real name and photo in their profile (verified by eToro customer services), which adds some level of trust that you’re following real people.

There are a few tools in Openbook to help you find the traders/Professional Investors/Gurus you want to follow and copy. You can use the ‘People Rankings’ to list the best performing traders and for example sort them by number of copiers, which is always a good starting point since over time, profitable traders will amass a larger following on the social trading platform. In March 2014, eToro also released the ‘Discover People’ tool which allows you to filter through their traders using a wider range of parameters, such as Profit Percentage, Trading Consistency, Country and many more. This tool is certainly a significant improvement to the search capability on offer before.

eToro is free to join and use (no annual fees or commissions). The only costs you incur are the broker spreads and overnight rollover fees. The eToro spreads on each trade which are arguably slightly higher than with most brokers (e.g. 3 pips for EURUSD). However, when you automatically copy trades from other traders you’ll notice (in WebTrader) that in most cases (>90%) there’s no slippage, which makes up for the higher spread. (Slippage is the difference in price the trader you copy gets and you get, and with networks that use other brokers this is normally 1-2 pips per trade.) The overnight rollover fees charged by eToro are arguably also a bit higher than with most brokers. This should be taken into consideration since most of the traders you can copy have a tendency to keep positions open for weeks or months, meaning over time these rollover fees can add up if open trades aren’t managed carefully.

If you’re a novice trader there’s a wide range of training materials available to get you up to speed (targeted at any level). There are also weekly webcasts, reviews and daily news to keep you informed on current events. The eToro OpenBook social network is also very active and any questions you might have are normally answered very quickly by your fellow investors.

Can you make money with eToro?
The simple answer is yes if you select the proper trader/traders with a selection of good risk management.

Sirix Social Trader (Provided for by Brokers INC) Accepts USA clients:

SIRIX is an advanced trading station and platform for forex and CFD traders. In addition to the trade execution and charting functionality, the platform also includes a social trading component. This allows you to follow and automatically copy other traders. The tool is being sold directly to brokers (you can try it for free at Forex Brokers INC .)

Recommended Forex Broker List For Automated Strategies.

Recommended Forex Broker's: (More coming soon)

Traders Way

Accepts Us Clients: Yes 

MT4.MICRO Account:

minimum deposit: $1
minimum deal size: 100 units (nano lot)
maximum leverage: 1:1000

MT4.FIX Account:
minimum deposit: $1
minimum deal size: 1k (micro lot)
maximum leverage: 1:1000

MT4.VAR Account:
minimum deposit: $1
minimum deal size: 1k (micro lot)
maximum leverage: 1:1000

MT4.ECN Account:
minimum deposit: $100
minimum deal size: 1k (micro lot)
maximum leverage: 1:1000

CT.ECN. account
minimum deposit: $100
minimum deal size: 1k (micro lot)
maximum leverage: 1:500

Trading platforms:

MetaTrader 4, cTrader, Web Trader, Mobile Trader

Social trading:

Tradeo, FXSTAT

Deposit/Withdraw methods:

Wire Transfer, Moneybookers, WebMoney, Liberty Reserve, Credit Card