This millennial has set his sights on a $1M online investment account

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Fabian Gerspacher (@FabianMarco), a 30-year-old from a small village in Germany has his sights set on reaching $1 million in his own eToro account. Enjoying Popular Investor status, he earns a second income in the form of monthly payments and a percentage of his AUM, on top of his earnings from trading and investing, so he just might accomplish this goal.

Fabian has been interested in finance since he was 13 and started investing seriously about 8 years ago. He joined eToro in 2013, initially depositing a small amount to test out the platform. Since then he has been honing his investment skills and gathering a steady following. After an astounding year in 2016, finishing with profits of more than 150%, he remained in the green, finishing both 2017 and 2018 in profit. Over the years, he amassed a growing number of copiers and followers on eToro, totalling more than 4,000 and 54,000, respectively.

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One of the best things about financial markets is that your background doesn’t really matter. If you put in the work, study the craft of trading and investment, manage your risks and start with just a little capital, you can achieve success.

Such is the case with Fabian. He grew up in a small town of just 400 people and today his following on eToro is more than 100-fold that number. With the funds allocated to copying him totalling $5 million, Fabian has become a true thought leader and another classic eToro success story.

eToro is home to millions of users from more than 140 countries around the world, each wanting to reach financial independence and achieve their financial goals. Fabian’s story could serve as an inspiration and proof that with enough hard work and dedication, anyone can become a successful trader.

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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. 75% 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.

This is a marketing communication and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not, be taken as a reliable indicator of future results.