How eToro users survived brexit and made a profit of 2.4%
From our UK edition
It’s been a few months since the Brexit vote, in which the citizens of the UK elected to part-ways with the European Union, yet its effects on the global economy are still very much apparent. Following the vote, the British Pound crashed 9% and literally trillions of dollars were wiped off the global stock market. However, investors on social trading platform eToro seemed to come prepared, with an average return of 2.4% on the day of the Brexit. Many finance experts believe that the reason for the catastrophic losses suffered in global markets on the day of the Brexit is that a lot of investors simply didn’t believe that the British people would vote “yes.
