What is Social trading?
Social trading is a new trading concept which has been around for a couple of years now. Etoro started their social trading platform in 2008 and now has over 5 million users. Obviously, this new way of investing and trading is not going away anymore. Social trading is basically just browsing your Facebook and copying that economic trading guru-classmate from high school, who is investing his money now, through a social network. This means you don't need the knowledge, experience or know how to earn some extra cash. The best part is you donít even need to have a lot of money to start out. You can start trading on a social platform with as low as $100.
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