The eToro social trading network is a dynamic and energetic
trading environment where new trading ideas are being generated every second.
Through the use of innovative social trading tools, its nearly 2 million
members generate live trading feeds, follow and copy each other’s trading
activities and participate in enriching discussions on each other’s discussion
boards. And thanks to eToro’s simplified online trading platform, equipped with
state of the art charting software, thousands of new traders enter the
financial markets every day.
It seems a shame to miss out on all this action just because
you’re in transit, and now eToro Mobile makes it so you don’t have to miss a
beat on your favorite investment network. With eToro’s free to download mobile
apps for Android you can keep up with latest market trends, stay connected with
the top performing traders on OpenBook, and manage your positions on the go
from your smart phone or tablet.
The first of these apps is the eToro Mobile Trader.
This app, which you can download for free on the Android market, has all the
functionality of the eToro WebTrader and OpenBook in one easy to use interface.
It most important function is to enable you to access your trading account,
where you can manage open positions and open new traders or orders. To help you
make informed trading decisions, the Mobile Trader app also provides you with
live updated charts and a financial news feed, so you can check the news, see
the trades develop in the market accordingly and then open your positions. And
for a bit of perspective you also have the option of viewing your account
summary and your trading history.
Last but not least, you can click on the OpenBook icon at
the bottom of the screen to view a live feed of OpenBook activity, including
who bought what, who sold what and who copied whom. Not only that, you don’t
even have to wait till you get back to your computer in order to put this
information to use. Just tap on the “Copy” button below the social trading feed
item. You will then be prompted to the trade parameters screen where all you
have to do is set the trade amount and open the copied trade!
However, if you’re still not sure what
currency/commodity/index to buy or sell, head to the Android Market and
download the eToro Trade Alerts app. Once installed, this little free
app will start sending reliable trading signals to your mobile phone or tablet
which you can then implement in your account.
The Trade Alerts signal generating system has been developed
by eToro’s team of market experts. The Trade Alerts market model seeks out
historical trend patterns in the live market rates and produces signal
propositions which are then checked by our experts for reliability. Each signal
gives you the entry point for the specific instrument, as well as the Stop Loss
and Take Profit settings that you should apply. When you receive an alert you
can also tap it to view a more detailed overview of the market conditions and
technical indicators that have prompted the alert, so you never have to trade
in the dark.
The other great advantage of
the Trade Alerts app, which you won’t find in any other signal service, is that
among other things it provides you with a social insight for each alert you
receive, thanks to the Social Cherry feature appearing at the bottom of the screen.
All you have to do is tap on the Cherry icon to open the Social Cherry bar
which will then give you a summary of the “social buzz” around this particular
alert. That buzz includes the amount of traders viewing the alert and the
number of people who’ve actually used this alert to open a trade. By seeing how your peers reacted to this
opportunity and to taking this information into account you can make a more
educated trading decision. You can even see how many people “liked” a specific
alert and read their comments on it, or
“like” and comment on an alert yourself in order to share your opinion, solicit
advice and see what other users are saying about this trading opportunity.
With this suite of mobile trading technology you are bound
to take your trading experience to the next level.
To start trading on the go with eToro, simply click
here to open your free eToro account. Then head to the Android Market store
to get your hands on eToro’s free mobile apps.