eToro introduces new feature “Stop Copy and Keep”
Online broker eToro introduces “Stop Copy and Keep” – a new feature that allows you to keep your current assets when you stop copying other investors.
In the past, when eToro clients stopped copying an investor, all their positions were automatically closed. Now traders can decide: take it or leave it.
This new feature gives traders more control over their investments and reduces their dependence on the investor they copied. Now traders can choose to either close all trades or keep them in their portfolio.
There are two different options to stop copying an investor.
- Stop Copy and Close All: When you choose this option, you sell all the positions in the copy, and all the funds move to your ‘Cash Available’ balance.
- Stop Copy and Keep All: This is a new eToro CopyTrader function that allows you to remove the positions from a copy and place them directly in your portfolio, even when the market is closed. Only uninvested funds will move to your ‘Cash Available’ balance.
To stop copying someone:
- Go to your Portfolio;
- Click on the trader you wish to stop copying.
- Click on the next to the selected trader.
- Select “Stop copying” from the menu.
- On the new screen, click on ‘Close All’ to fully stop copying, or ‘Keep All’ to keep the copied trades in your main portfolio.
- Select ‘Confirm’.