Popular Investor Program Drives eToro Marketplace
eToro
The Popular Investor Program turns eToro from a simple brokerage into a talent marketplace where top traders bring in both content and customer acquisition. The key advantage is not just copy trading itself, it is that eToro pays traders based on assets under copy, so strong performers have a reason to keep posting, trading, and building audiences inside the product. That creates a loop where investor attention, deposits, and trading volume reinforce each other.
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The workflow is concrete. A new user can browse trader profiles, inspect returns and positions, allocate at least $200, and automatically mirror future trades. That makes the lead trader function like a lightweight portfolio manager, but one embedded directly inside a retail brokerage app rather than a separate advisory product.
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The supply side is curated and scarce. eToro reported more than 3,300 Popular Investors as of December 31, 2024, about 0.1% of funded accounts, and only 12 had more than $10 million in assets under copy. That concentration matters because a small set of proven traders can pull in a disproportionate share of copying capital and user engagement.
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Most brokerages monetize trades but do not pay creators for distribution. Robinhood built a broader investing app around options, interest income, and payments for order flow, while eToro built a social graph around copying. That is harder to replicate because it requires trader incentives, performance history, compliance controls, and a user habit of choosing people, not just tickers.
Going forward, this pushes eToro toward a blended model of brokerage, creator economy, and digital wealth management. As it adds products like options outside the U.S. and keeps expanding funded accounts internationally, the strongest Popular Investors can become the main distribution layer for new deposits, making the platform more valuable as its trader network deepens.