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eToro Records 100 Million Trades: Infographic

Less than a year after eToro celebrated 50 million traded positions, the Cyprus-based Forex broker boasts 100 million of trades. Below you can see an infographic regarding the allocation of profitable trades, the geographical footprint of the broker's services across the globe, the distribution of trades between genders, etc.

 

Here are some comments to the infographic. 

 

As you can see from the picture, the bulk of the 100 million trades were copied ones – their percentage is 58% of the total, while the rest goes for manual trading. The copied trades took the lead in profitability too, as 83% of profitable trades were copied ones. 

 

Regarding breakdown across platforms – one can see that the leader is eToro's OpenBook with 84% of the trading coming from it. And although mobile trading apps still account for a minor part of the trading (Android – 2.5%, iOS – 1.5%), the growth in use of the mobile platforms is significant at 38%. 

 

Now – regarding geography, we see that the bulk of trades came from European countries (massive 48%), which is normal given that eToro is licensed by European regulators to provide its services. Next up is Asia (23% of the trades) and North America (10%). This said, there's no surprise from the languages utilized on eToro's platforms, with English having marked domination, followed by German and Spanish. 

 

The social stats made me smile – I had expected that there would be fewer women than men on the network, and I was right. Men account for 78% of the trades versus 22% for women. But I had also expected that the bulk of traders will be young – well, it turned out that traders over 60 years of age dominated the trading landscape. 

 

The figures paint an interesting picture and you can explore the infographic and make some conclusions on your own.

 

 

 

About eToro

 

eToro is a Cyprus-based forex broker regulated by the Cyprus Securities and Exchange Commission. It offers reasonable trading via proprietary trading platforms, variable spreads from 1 pip, and leverage of up to 1:400. In 2013, the broker obtained a license from the Financial Conduct Authority (FCA) in the UK, and recently has set up offices in London. It's also amid the handful of brokers that offer trading with Bitcoin, the famous crypto-currency.

TAGS: etoro  etoro forex broker  forex broker cyprus  100 million trades  forex trading  forex infographic  geographical footprint  mobile app  mobile trading  openbook  social trading  forex europe  gender forex 

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Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
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