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Social Cherry

Mobile Trade Alerts was released this month, to Google Play and now is your chance to promote this new feature!

What is Mobile Trade Alerts? It is a mobile application which helps our customers take better trading decision by receiving real time market alters. Mobile Trade Alerts also includes Social Cherry which allows users to share their insights in real time. Based on the trader insights, Trade Alert users are able to gain further market insight.

Social Cherry features include:

The ability to like and to see how many people “liked” this signal.
How many people actually opened a traded based on this specific signal.
Users can share their thoughts on the signal.
How many people opened this signal for viewing.

Click here to join Etoro and found out all about the Mobile Trade Alerts

The last few years have seen radical changes take place in the retail investment industry. Online forex trading platforms have made it possible for people who would never have had access to the capital markets before try their hand at forex trading and succeed. At the forefront of this forex trading revolution is the eToro forex trading platform.

The founders of eToro looked at forex trading and saw that the only thing complex about investing in currencies was the over complex software that was being offered to retail users. And so they created a platform that would simplify access to the forex market and open the gate for anyone interested in managing their own currency trading portfolio. As a result, millions of traders have joined eToro in their search for fiscal freedom and the opportunity to control their own financial future.

With the onset of the global financial crisis of 2008, even more traders realized that their money was safer in their own hands than in their bank accounts, and it was platforms like eToro which enabled them to take charge of their finance simply and efficiently.

Today the eToro forex trading community is the largest online investment network in the world, and includes traders from over 140 countries around the world.

Start Trading Today Click Here

eToro OpenBook: Get Ready for a New Way to Trade

Remember what the internet was like without YouTube, Facebook and Twitter? Me neither, and the same is about to be true for financial trading without social trading networks. Networks such as the eToro OpenBook are a true game changer. Instead of trading alone at home, this revolutionary application enables traders all over the world to connect with hundreds of thousands of other traders and harness their collective trading skills together.

How does social trading work?

The eToro OpenBook is a live database of all the trading activity carried out through the eToro platform. By being a member of the OpenBook network you can see what top profiting traders are doing, follow their trades and even them. That means that so when one trader makes a profitable trade, everyone else can benefit by learning from it or simply by copying the same trade!

OpenBook’s CopyTrader enables you to take the idea of shared trading information even further, by setting your account to automatically copy other traders. What this means is that a novice trader can literally trade like a pro within a matter of seconds by simply copying one of eToro’s guru traders. With the help of eToro CopyTrader you can effectively compile a people-based trading portfolio, rather than a financial instrument portfolio, and manage the traders you copy according to their results. The guru traders on the other hand, can get an extra income by accumulating a large following of copiers and getting some kickback from their trading activity.

How do I start copy trading?
Copy trading is in fact very different from regular financial trading in that it is so much easier than regular trading. Unlike the financial markets, profitable traders are easier to spot, monitor and manage simply because they are reliable. This is because consistently profitable traders already do the job of minimizing market risk for you, so you are less exposed to risk from the get go.
When you start copy trading, finding the right traders to copy is key. Luckily, eToro OpenBook provides you with a number of ways to choose the right traders for you. First and foremost, you have the OpenBook rankings. These rankings rate traders based their trading performance over a given time period, according to the parameter of your choice. It may seem wise to look for traders with the highest win percentage, however while this figure shows the ability of the trader to analyze the market it doesn’t reflect his/her ability to capitalize on the market movement, and therefore you should also make sure to look at the gains figure.
Once you figure out which traders you want to copy, all you have to do is click on the “Copy Trader” button and decide which percentage of your account you want to dedicate to copying each trader. Our experts agreed that it is always best to start copying a trader with only a small percentage of your margin (around 5%). Once the trader proves that he/she can consistently deliver, you can increase your investment.

All you have to do now is join the eToro OpenBook trading network today to start building your people based portfolio!

eToro Snags a World Finance Award for Most Innovative Trading Platform 2010

The eToro platform, already a trader favorite, has now received a nod of appreciation from the financial trading industry as a winner of one of World Finance’s prestigious annual awards.

eToro’s (www.etoro.com) innovative approach to financial trading has been making waves for quite some time now among traders worldwide. The platform’s user friendly graphic interfaces and wide range of ground breaking community tools have captured the attentions of novices and experts alike, who now take part in eToro’s vibrant and active social trading network. With its open and daring approach, eToro has now managed to not only become one of the most popular trading platforms online, but to also receive a seal of approval from an already established financial institution.

“Our vision is to become the first global market place for everyone to trade and invest their funds in a simple and transparent way”, said eToro CEO, Johnathan Assia. “eToro already transformed the way people trade today, and we thank our community of over a million traders for helping us win this award that recognizes eToro’s achievements in the financial trading arena”

World Finance magazine launched its annual World Finance Awards in 2007 with the goal of identifying industry leaders that represent the benchmark of achievement and best practice in the financial and business world. To determine the winners, World Finance magazine used an independent panel of judges headed up by Editor Alexander Redcliffe. The Panel followed up on the countless nominations, suggestions and contributions of World Finance readers to explore and analyze new trends in order to unearth the best and the brightest pioneers in the FX marketplace.

“We couldn’t be more thrilled and honored to win this particular award,” said Assia. “To know that our platform was nominated and then chosen out of the hundreds of nominations is a sign that we must be doing something right. It is especially rewarding to know that our push towards innovation, which has been one of eToro’s core values from the start, hasn’t gone unnoticed. The challenge now is to keep innovating so we can have a shot at next year’s award as well!”

As for eToro’s community, they will certainly be thrilled to know that their platform of choice is leading the way in cutting edge trading technologies, and intends to continue to do so for years to come.

Open a free trading account with eToro to explore the benefits of financial trading