eToro Review: Trader Profile and Statistics

Once you’ve found a trader (“Professional Investor”) on eToro you like, you can click on their name to bring up their profile, stats, portfolio, open trades, history and friends.

The profile screen displays the eToro live trading feed of the trader. This includes notifications of all live trades in addition to comments left by other social trading network users. Some traders also actively participate in the discussions on their own trading feed (e.g. answering questions or offering an explanation of why they took a certain position). The overview screen also displays the trader’s strategy description and some key statistics.

eToro OpenBook Trader Overview Screenshot

eToro Trader Overview Screen

The stats screen shows the performance in terms of gain % per month & year. This was introduced in February 2015 and has been a major improvement on the previous historical gain % stats which were based on the modified Dietz formula and very confusing. Below the performance data is a risk table. This used a proprietary eToro risk score to show the evolution of risk over the past year. Under that table you’ll find the important maximum historical drawdown figures (daily, monthly and yearly). There’s also a graph with the amount of copiers over time and an indication of the amount of money that’s been invested in this “Professional Investor” on the eToro platform at the moment.

eToro OpenBook Trader Stats Screenshot p1

eToro Trader Stats Screen p1

The second part of the stats displays the total trades to date, allocation between instrument groups and win percentage. You can also view the performance of the 3 most frequent instruments trades by the “Popular Investor”. And finally how long the trader has been on eToro, their profitable weeks %, average trade hold time and average amount of trades per week.

eToro OpenBook Trader Stats Screenshot p1

eToro Trader Stats Screen p2

The portfolio screen displays the allocation of current open trades, as well as the historic allocation and performance over various time periods. I.e. this allows you to review how much is and was invested per currency pair, commodity, stock or index.

eToro OpenBook Trader Portfolio Screen

eToro  Trader Portfolio Screen Image

Accessible via the portfolio tab, the Open Trades screen shows all the trades currently in an open position by this eToro “Professional Investor”. You’ll notice that any trader with a large winning ratio will have a number of trades open, since their policy is to mostly hang on to losing trades until they eventually become profitable.

eToro OpenBook Guru Open Trades Screenshot

eToro Popular Investor Open Trades Screen

The History screen shows the trading history of the Guru, though please note that only the last 100 trades over the last 3 months are available for you to review (so it can be even less than 100).

eToro OpenBook Guru Trading History Screenshot

eToro Popular Investor Trading History Screen

While it’s clear that eToro has made every effort to make the information available concise and easy-to-use for novice traders there are some limitations according to our review. The historical trades information currently only goes back to the last 100 trades and there’s no mechanism to view or download the full trading history of a trader. This means it’s currently impossible to review a trader’s previous performance using your own tools and parameters (something more experienced traders/investors would want to do).

On the other hand eToro has made some significant improvements to the stats since 2012. Most importantly in our opinion is the change in gain % calculation and performance presentation introduced in February 2015. The new portfolio view is also useful because you can now actually see how much of a trader’s capital is already locked up in other open traders.

 

 

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