Etoro social trading platform is a very unique and easy to use trading website. However when you sign up they ask you some trading questions. You will be wondering what are answers for etoro trading knowledge assessment? I will be providing you just that in this post. Let us get started. First I have a request, please use this link to sign up on etoro, it will help me keep this blog running.
Etoro Knowledge Assesment
During the sign up process ( complete sign up guide ) Etoro asks you question to assess your trading knowledge, Here is the question.
Please mark the correct statement
- Opening a Trade with 100$ and 20x leverage will equate to 2000$ investment
This statement is not correct, with 100$ and 20x leverage your stake is 20,000$
- If the equity in your account false below the required margin a margin call will not liquidate your trades.
This statement is correct you can choose it.
- If Price of Google Stock goes up CFD will go down
This is not true as well CFD will also go up.
- My open positions will remain open when stop loss is triggered
This is not true as well, when stop loss is triggered your open positions will close.
Etoro trading knowledge answer
To summarize your final answer should look something like this.
Now that you know the answer to the question, go ahead and sign up on etoro.
If have more questions leave a comment below and I will get back to you with answers.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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.
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