eToro Take Profit for 2020

We found 11 online brokers that are appropriate for Trading .

eToro Take Profit Guide

eToro Take Profit

Understanding Take Profit with the eToro trading platform

The eToro take profit is a trading platform action. The take profit trading tool allows traders to set a profit limit. When the traded asset reaches a certain price, take profit is actioned and the set profit level is realised.

The eToro take profit command is a risk management strategy that traders should take the time to be well aware of.

The eToro take profit command when actioned with close the set financial asset position automatically when the limit is reached.

eToro is an innovative online broker renowned for being the leader in 'Social Trading'.

It offers an online platform that allows its members to interact, assist each other, share their knowledge, and above all follow or copy the best.

This creativity allows novice investors to achieve the same gains (and losses) as experienced traders of their choice.

Before being a platform for 'Social Trading' which is what made its reputation, eToro is above all an online broker. It offers benefits such as the below:

Who are eToro?

eToro was founded in 2007 in Tel Aviv thanks to three entrepreneur brothers Yoni and Ronen Assia and David Ring who realized that trading solutions were often too complex and unsuitable for the general public.

Together, they decided to develop an ergonomic, intuitive, and easy-to-use brokerage platform. The young start-up met with almost immediate success, which allowed it to raise funds for a total of $30 million dollars.

Within a few years, the Israeli brokers had accelerated their growth and established internationally in Europe, United States and Asia.

In 2010, eToro remodeled by launching the world's first social trading platform and were provided recognition for the art of trading through the attitudes of established investors.

In 2018, eToro raised a record $110 million, allowing it to continue to become international and expanded.

Today, eToro is:

Take profit and stop loss defined

The eToro broker offers a range of choices eg: stocks, cryptocurrencies, commodities, ETFs, indices, and currency pairs.

These products are known for their high volatility, which makes them ideal tools for taking advantage of short-term opportunities.

It is important to understand that in the majority of cases, you are not investing directly in an asset, but in a CFD (Contract for Difference).

This is a contract where the trader and broker agree to reproduce market conditions and settle the difference between them when the position is closed.

In other words, it is as if you were making a bet with eToro: if you win, the broker pays you the difference, if you lose it, you will be charged.

That’s why you don’t need to open a securities account or PEA to trade with this broker; this is how eToro differs from online brokers like DEGIRO or Bourse Direct.

It is possible to earn money on eToro using a real money trader account and using an effective investment strategy.

The training provided to investors is an excellent support for understanding the particulars of web trading and how the platform works.

It is also important to keep up to date with the stock market news through the articles provided day-by-day by the online brokers such as events impacting market trends, expert analysis, tips, and investment advice.

Managing your capital is another key to making money without putting your funds at risk.

Selling on eToro means that the trader is speculating on a falling price of the financial product in which he is going to invest. Basically he is betting on a drop in price from the moment he opens his position and from the moment he closes it.

The greater the difference in this direction, the greater its possible profits. Be aware that this can also mean greater loses when using leveraged trades.

eToro and social trading

An advantageous innovation of eToro since 2010 has been to offer social trading dedicated to trading.

In addition to the option to interact and share knowledge, community members will be able to replicate each other! The principle is simple: investors are recognized and selected by eToro for their performance and skills (called Popular Investors) and they can publish their strategies.

Any member can then follow their advice, benefit from their analyzes, and above all make a copy of their strategy in real-time. This principle called (copy trading) and allows the most novice of investors to be speculative and hope to make gains on the financial markets.

As for the investor being copied, he is compensated by the broker who can pay up to 2% of the assets under management.

This is an incredible innovation, which undoubtedly contributes to the democratization of retail brokerage.

This principle of (Copy Trading) allows you to invest:

Faced with the success of copy trading, eToro subsequently launched a copy portfolio: these are investment vehicles that bring together a collection of financial assets that are managed by professionals (generally management companies).

You can view it in a positive manner for first-time investors to dramatically improve their expectation of payoff while learning how both the markets work and the various trading techniques.

Of course, copying such an investor is not without risk.

It's worth remembering that investing in the financial markets can save you money as you lose money, and even the best traders can experience disappointments.

Confidence and technical experience

The broker has been pursuing a policy of supporting and developing the skills of its users for more than 10 years.

Technological tools are important and central supports in this development, but they are nothing without progressive and qualitative learning in order to understand every aspect of online trading.

Like many of its competitors, eToro has designed a DEMO platform where it is possible to experience all of the available features, with real and instant market data, without taking any risk.

A virtual trading account credited with several thousand euros is available for the curious trader who wants to try his hand at financial investing.

Learning by doing pure practice where the error is inconsequential. Charts, analysis, and newsfeeds are identical to those of a real money account.

The goal is to give a realistic view of the experience without financial pressure.

eToro is on all fronts of innovation making online trading more accessible. The online brokers quickly realized that smartphones and other tablets were going to change our relationship with software, including trading.

This is why the broker was among the first to develop a mobile application that is the closest possible copy to the PC (or MAC) version.

The trading platform is accessible directly on the broker's website (no download is required).

It has been designed to make trading operations as easy as possible, which makes it suitable for all types of investors, especially the less experienced.

We had no trouble getting to grips with it during our tests, unlike other platforms. The security of your data and your financial actions is of course at the heart of this nomadic version so your energy is only focused on your investments.

The same data encryption protocols are used to protect your profile from cybercriminals.

Finally, the social network dimension of finance is optimized to its maximum on media that have solid experience in this field. On the move, nothing escapes you to make the right decisions at the right time.

Fees and payouts

Charges applied to shares

The online broker makes a significant commercial effort by not applying any commission on the shares, as long as they are invested in a long position (BUY) and without leverage.

This means that you pay no brokerage fees for opening and closing a position, and no rollover fees are charged regardless of how long you hold them.

In addition, there is no limit to the number of shares or the amount invested.

This advantage is a great asset for beginners who can start their first simple orders without paying a finder's fee.

If the broker can afford to offer such a generous offer, it is because the rest of its offer is subject to commission as we will see in the next paragraph.

Charges applied to other assets

Apart from long stocks without leverage, trading is done through CFDs and these have 2 types of fees:

Our eToro review

eToro perfectly fulfills its role as a general public online broker. It has proven and still proves its desire to offer a comprehensive web trading offer that is affordable for everyone.

The level of knowledge in the financial market should not be a selection standard according to eToro.

Any investor can become the one he aspires to with the right support and solid motivation.

The online broker provides high-tech tools and an efficient platform to facilitate everyone's work.

The growth of the social trading dimension and autopilot in copy trading is very engaging elements for beginners.

The competitive brokerage fees and the great variety of financial assets are other reasons that justify the magnetic aura that the broker produces.

We like the whole platform with a few small preferences such as:

More eToro Guides and Research

If you are research eToro make sure to read through the below eToro related guides. You will find something useful.

We've collected thousands of datapoints and written a guide to help you find the best eToro Take Profit for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best below. You can go straight to the broker list here.

Reputable eToro Take Profit Checklist

There are a number of important factors to consider when picking an online trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering .

We compare these features to make it easier for you to make a more informed choice.

Top 15 of 2020 compared

Here are the top .

Compare min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are . Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more that accept clients

Broker eToro IC Markets Pepperstone FXPrimus Axitrader Swissquote AvaTrade forexmart phoenixmarkets ezinvest ETX Capital
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) Financial Conduct Authority (FCA) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA)
Min Deposit 200 200 200 100 No minimum deposit 1000 250 1 500 500 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 60,000+ 10,000+ 10,000+ 10,000+ 300,000+ 200,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Offers STP
  • Allows scalping
  • Offers STP
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4,WEB,desktop MT4,mac,Android.iPhone/iPad MT4,mac,Android.iPhone/iPad MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
icmarkets
Sign Up with
pepperstone
Sign Up with
fxprimus
Sign Up with
axitrader
Sign Up with
swissquote
Sign Up with
avatrade
Sign Up with
forexmart
Sign Up with
phoenixmarkets
Sign Up with
ezinvest
Sign Up with
etxcapital
Risk Warning 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider Your capital is at risk Your capital is at risk Your capital is at risk Losses can exceed deposits
Demo eToro
Demo
IC Markets
Demo
Pepperstone
Demo
FXPrimus
Demo
Axitrader
Demo
Swissquote
Demo
AvaTrade
Demo
ForexMart
Demo
Phoenix Markets
Demo
EZINVEST
Demo
ETX Capital
Demo
Excluded Countries IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA BR, KR, IR, IQ, SY, JP, US AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, JP US BE, BR, KP, NZ, TR, US, CA, SG BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL US, BE, CA , SG, BE

All in more detail

You can compare ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top for 2020 article further below. You can see it now by clicking here

We have listed top below.

eToro Take Profit List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF)

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Axitrader
(3/5)
Min deposit : 0
Axitrader was established in 2007 and is used by over 10000+ traders. Losses can exceed deposits Axitrader offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA)
Swissquote
(3/5)
Min deposit : 1000
Swissquote was established in 1999 and is used by over 300000+ traders. Losses can exceed deposits Swissquote offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
AvaTrade
(3/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
forexmart
(3/5)
Min deposit : 1
ForexMart was established in 2015 and is used by over 10000+ traders. Your capital is at risk ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,WEB,desktop

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
phoenixmarkets
(3/5)
Min deposit : 500
Phoenix Markets was established in 2013 and is used by over 10000+ traders. Your capital is at risk Phoenix Markets offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,mac,Android.iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
ezinvest
(3/5)
Min deposit : 500
EZINVEST was established in 2008 and is used by over 10000+ traders. Your capital is at risk EZINVEST offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,mac,Android.iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
ETX Capital
(3/5)
Min deposit : 100
ETX Capital was established in 2002 and is used by over 10000+ traders. Losses can exceed deposits ETX Capital offers Forex, CFDs, Spread Betting

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)