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Simplicity, transparency and low risk: Here’s why Popular Investor Enmanuel Bautista chose eToro

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Enmanuel (@big-profits) from the Dominican Republic has been in finance for all of his adult life. After reviewing several online trading platforms, he decided to focus on eToro, because of the platform’s ease of use and transparency. We asked him a few questions about his trading habits and strategies:

66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

  1. Tell us a little bit about yourself

I am Enmanuel Bautista from the Dominican Republic, owner of a leading online Latin loan company. I dedicate myself to the business of finance (personal loans) and trading. Since I was a child, one of my goals has been to be independent, and eToro has helped me achieve this goal. I have never been an employee and I have been in the financial business since I was 17.

  1. Did you have previous experience with financial investments before joining eToro?

Yes, I used to make investments in local banks and local exchanges. In 2010, I began buying my local currency pairs EUR/DOP and USD/DOP without leverage. After that, in 2012, I tested some online brokers (3 including eToro) with binary options and trading with leverage. Following a large loss with high risk trading in 2014, I finally learned from my mistakes and made a significant profit between 2015-2017 and got a good strategy going. In 2017, I decided to focus on eToro for investing, because it was where I found myself trading with low risk and consistent results.

  1. Why did you choose to join eToro?

Because I found eToro to be the easiest, most comfortable platform to trade on, and learn from other people. On eToro, you feel at home after only a few days of practice.

  1. What are the three key benefits of using eToro?

You can trade and invest without having trading experience at all. You can just look for one of the many experienced Popular Investors and copy them. After that, you don’t need to do anything else. The trader you selected will do the work for you.

eToro is the best platform to assist you with low-risk trading. You are able to see your Risk Score on your profile on a scale of 1-10.

On eToro, you will not see fake results, the platform is extremely transparent. When a trader has a negative month, they cannot hide it. eToro is the best platform to see real results where lots of investors show their trading statistics for past years to the public.

  1. How has eToro changed the way you trade?

Since I started trading on eToro, I have become a responsible and consistent trader who knows how to keep calm at times when the market is difficult. eToro helps me focus on getting positive results each month. I’ve created a long-term, efficient strategy which has helped me to trade responsibly using the risk score tool.

  1. What is your type of trading strategy and what is it focused on?

My trading strategy is based mainly on technical correction, and is focused on finding the best time to benefit from a rebound.

  1. What are the benefits of being a Popular Investor and what is your long-term goal?

The benefit of being a Popular Investor is the ability to help many people who don’t have experience in growing their finances. My long-term goal is to have more than 6000 copiers

  1. Do you have any advice for your copiers/ users considering copying you?

You can begin copying me with the amount of capital you prefer, but if you want to have noticeable gains, I suggest copying me with at least $2,500.

  1. What are your hobbies?

I meditate, I love riding my motorcycle on hills, and I love domestic touring and travel.

66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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GoodDollar presents Decentralised Cryptocurrency at OECD Blockchain Policy Forum

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Yoni Assia, Chief Executive of multi-asset trading platform eToro, took the stage at the second Global Blockchain Policy Forum, recently hosted by the Organisation for Economic Co-operation and Development (OECD), to present the not-for-profit GoodDollar project.

The blockchain ecosystem is moving fast with pressure on governments and institutions to keep abreast of the latest innovations. At the prestigious event, held in Paris, the OECD gathered industry leaders together for the second year in a row to discuss the hype around cryptocurrencies and the possibilities that the technology brings to make social impact and lasting change.

Mr Assia told delegates that GoodDollar is launching a decentralised cryptocurrency – also called GoodDollar, or G$ – powered by blockchain, in a bid to reduce global wealth inequality and “fix one of the biggest problems in the world”.

“Today, 94 per cent of the wealth in the world is actually held by the top 20 per cent,” he said. “An even more mind-blowing number is that the richest 26 people in the world have more wealth than the lower 3.8 billion.”

“A lot of very smart and very wealthy people understand that this is a big issue and they understand the responsibility of the elite, or top percentiles, to make sure that we fix this problem before it becomes too significant.”

Mr Assia explained that because of the development of cryptocurrencies and blockchain…

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eToro’s new open-source programming language is first step in bringing $500 trillion OTC derivatives market onto the Blockchain

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-Lira is first project born out of eToro’s acquisition of smart contract company, Firmo, earlier this year –

eToro, the global multi-asset investment company, has today released the details of Lira, a new open-source programming language for financial contracts. Lira is the first step in bringing the $500 trillion OTC derivatives market onto the Blockchain by introducing a new formal contract language.(i)

Lira is a domain-specific language that can be used to write OTC financial contracts for assets currently on the Ethereum blockchain. It is both secure and easy to programme whilst guaranteeing self-executing global settlement and automated trade reporting and monitoring. It’s easy tracking and compression will enable better collateral requirement efficiencies. Furthermore, it is the first decentralised finance (DeFi) project that will look to expand the code across different blockchains now that it is open-sourced.

Yoni Assia, CEO and Co-Founder of eToro, commented: “Bringing the OTC derivatives market onto the blockchain will bring more transparency and capital efficiencies to the industry. Activities in the post-trade cycle, such as settlement and the clearing of derivatives, are both expensive and a source of systemic risk. We believe that blockchain technology can provide a secure execution environment in which settlement is guaranteed by design. That is why today we are introducing a new formal contract language – Lira. This has the potential to open up and transform the derivatives market.”

At…

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eToroX launches new professional API trading program

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AlgoX Prime API introduced by blockchain subsidiary of eToro  

11 September 2019: eToroX, the blockchain subsidiary of global investment platform eToro, today announced the launch of its institutional-grade API trading programme, AlgoX Prime.

AlgoX Prime is the top-tier API program of eToroX Exchange, the eToro Group’s regulated and secure cryptoasset exchange. Employing the deep liquidity of eToro, tight spreads, and bespoke capabilities for cryptoasset trading, AlgoX Prime is carefully tailored to suit the needs and requirements of institutional-grade algorithmic traders from both the traditional and crypto spheres.

The program offers highly competitive fees, a free enterprise-grade market data package, and a high-quality, low-latency colocation service that incorporates professional-level connectivity, enabling direct access to eToroX’s dedicated, high-security data centre. The continuous and ongoing rollout will include an ever-expanding list of cryptoassets, increased volume from eToro, and much more.

From the Consensus invest:Asia event in Singapore, Doron Rosenblum, eToroX Managing Director, said “AlgoX Prime, our new API trading program, offers sophisticated trading capabilities to institutional and corporate traders. We believe that it will open the door for institutional traditional financial algo trading companies to trade cryptoassets, and by doing so, greatly increase market liquidity.” 

“The AlgoX Prime trading program aligns with eToro’s strategy of bridging the gap between blockchain and the traditional financial markets,” saidYoni Assia, CEO of eToro. “The ability to trade on eToroX using APIs will help…

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