How many day trades can you make on eToro?
Asked 4 years ago
Is eToro a good broker for beginner day traders? How many day trades are we allowed to make?
Andia Rispah Igobwa
Thursday, December 09, 2021
You may agree to risk 1% or 2% of your trading capital on each trade, with a maximum of five trades per day.
When you have $50,000 in your account that is disposable, you'll have a decent trading cushion. It enables you to accept a 1% or 2% loss of $500-$1,000 per trade.
Even with five daily transactions, your account is only at risk of $5,000 or 10% of its value. Five losing trades might be sufficient to keep your account viable; an account of a few hundred may not survive even one.
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