AlTrader50: the automatic learning from Microsoft available to investors

Promoted

Algorithms are increasingly becoming common in our daily lives, and more so in finance, but to 'feed' them requires large volumes of data and they need to adapt to changes. For this reason, eToro has created a unique copyfund based on Microsoft's machine learning technology and eToro data scientists, called AITrader50.

This Copyportfolio harnesses the wisdom of the crowd, creating an algorithm thats selects from the 50 traders within the eToro community most likely to generate a positive return of the next month.

Each trader is given an equal (2%) allocation within the portfolio, while each traders copy stop loss setting is personalized. At all times, this wallet management product created by eToro is controlled by the eToro Investment Committee, which is in charge of readjustments.

The members of the community that decide on betting on automatic learning to invest will only have to look for how much they want to invest in the Altrader50 Copyportfolio, the minimum investment is 5,000 dollars. The eToro platform is responsible for managing the user's wallet so that it adapts to the changes, making a monthly rebalancing of the wallet.

In addition, new users who join the largest social trading community in the world will receive a virtual $ 100,000 wallet to test their investment strategies or discover how other members invest. Among the more than 9 million eToro users, the 'Popular Investor' stands out. These users stand out from the rest thanks to their investment strategies which any other user can follow using the CopyTrade function that allows them to clone a portfolio.