eToro Makes Copy Trading Easier by Updating Stop Copy Feature

Leading online broker, eToro, has responded to user feedback by introducing a significant improvement to its Copy Trading system.

The company has revamped its stop copy mechanism to provide a smoother experience for users. In the past, stopping the copying of investments that included paused stocks could be confusing. Often, after initiating a stop, the copied positions would stay in a “pending close” state, and the paused positions would remain open.

Starting today, eToro's new system will automatically close all positions within your copied portfolio efficiently. This means that when you decide to stop copying a trader's moves, all the positions will be properly closed, regardless of whether any stocks are paused or not.

For situations where certain stocks in your copied portfolio are paused or restricted, and they remain open for more than five business days, eToro has a solution. These positions will be detached from your copy, ensuring that your overall investment portfolio is not affected by any lingering uncertainties. This detachment process will occur after the initial five-day period, taking place on the following Sunday.

These updates bring peace of mind to users, as they can now confidently know that their copied portfolio will be fully closed, regardless of the status of individual stocks. This enhancement empowers users to make more informed decisions about their trading strategy and future investments.

Moreover, the enhanced mechanism enables users to consider copying the same Popular Investor (PI) in the future, if their strategy aligns with their investment goals. This flexibility keeps users' trading journeys dynamic and adaptable.

Access the eToro's WikiFX dealer page to access the official website: https://www.wikifx.com/en/dealer/0001283907.html

Stay up-to-date with the latest news by downloading and installing the WikiFX App on your smartphone. Get the app here: https://www.wikifx.com/en/download.html.