Review of Trader Statistics available on eToro
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.
The content in this eToro review does not apply to US users.
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 “Popular Investor” on the eToro platform at the moment.
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.
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.
Accessible via the portfolio tab, the Open Trades screen shows all the trades currently in an open position by this eToro “Popular 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.
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).
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.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. Past performance is not an indication of future results. Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.