Limassol, Cyprus, November 16, 2011 --(PR.com
)-- eToro, the world’s largest investment network, announced today the launch of a rich mobile web application giving traders the freedom and flexibility to trade currencies, commodities and indices "on the go" and to participate in social trading on the move. The Mobile Trading application is based on HTML5 that runs the eToro OpenBook™ social trading platform and its award winning CopyTrader™ functionality and supports IOS (iPhone, iPad, iPod) and all Android mobile devices including tablets. eToro also provides a native Mobile Trader application for Android™ which was launched September of last year.
“Trading and trade monitoring through mobile devices is quickly becoming a necessity, with an estimated 8% of all retail FX volume being generated this way – rising to 16% within 2 years. EToro understands this, but many brokers have yet to respond to this major trend. The eToro mobile trading app excels in three areas, making it easy to: find someone to copy-trade, people to follow, and checking one’s account performance.” -Javier Paz, Senior Analyst, Aite Group
eToro's Mobile Trading application provides traders with real time feeds of expert traders' positions and profits as well as live streaming prices for all supported products (currencies, commodities and indices) and the ability to place market and pending orders, monitor account balances and margins. The supported ranking feature allows users to quickly identify the best performing traders on the network and initiate CopyTrader to instantly copy all their trades into their own investment portfolio.
"As pioneers in social trading, we believe it is essential to provide our traders with the latest innovations for anytime anywhere access to their trading account and the eToro OpenBook social trading community," said eToro CEO, Johnathan Assia. "Developing our app in HTML5 is aligned with our mission to continuously innovate and lead the field. We are proud to be one of the first movers to adopt HTML5 to create state of the art web applications that deliver a great mobile user experience. The ability to use any mobile device to sync up with market gurus, keep a pulse on price movements, and decide which trades and traders to copy is an extension of eToro promise to provide eToro customers with full transparency and control over their investment portfolio."
To tap into the largest investment community on the go visit: m.etoro.com.
eToro is the world’s largest investment network, with over 1.75 million users in over 140 countries and thousands of new accounts opened each day. eToro leads the social trading revolution through its community powered network, which enables every investor to see, follow and automatically copy the actions of other investors in real time. eToro’s mission is to open the financial markets to every individual and make them accessible through a simple, transparent and more enjoyable way to trade currencies, commodities and indices online. Based on a wide range of innovative web-based and mobile trading platforms that appeal to every level of trading expertise, eToro’s social trading network facilitates information exchange between investors, accelerates knowledge sharing and shortens the learning curve for those who want to bring their trading experience to the next level. For more information, visit us at www.etoro.com.