ForexNewsNow – Popular social trading network and copy trading provider eToro just announced the release of a brand new mobile trading app. The new mobile copy trading app is available for both iOS and Android based devices and can be downloaded from Apple’s App Store and from Google’s Android market.
New Copy Trading App Released by eToro
eToro’s new social forex trading app will allow traders to access the company’s social trading network from their mobile devices. Here, they will be able to watch the latest trades performed by expert traders in the business.
With just one tap on the screen traders will have the possibility to follow the actions performed by these experts. The system will then automatically execute the trades that were executed by the followed professionals based on the parameters adjusted by the trader.
Everything related to the app will happen in real time. Traders will also have the possibility to receive live alerts on their mobile devices once a trader that they follow has performed an action. Traders will also be able to share their trading signals on Facebook, Twitter and LinkedIn.
The new app also comes with a very enticing $10,000 demo account that will allow traders to try out and evaluate all the functionalities offered by the new app. The new app supports all the major assets that are being offered by the normal computer based platform provided by the company.
Visually, the new app is most likely one of the most elegant mobile apps that were released in the recent past. The app comes with a very stylish black background. After trader log into the platform, they will be given the possibility to select the traders and signal providers they intend to follow. Clicking on the image of a signal provider will enable the trader to follow them.
Using the social alerts feature, traders may as well perform semi-autonomous copy trading. The alerts feature will let traders know when one of their followed professionals has performed a trade and will make it possible for traders to manually copy the respective trade.
eToro is one of the largest social forex and copy trading providers on the market. The company gives traders the opportunity to become part of a real social trading network. Apart from sharing their trading experiences and signals, traders also have the possibility to copy each other’s trades.
The company offers trading services using its proprietary OpenBook online trading platform. The OpenBook platform allows traders to watch the actions performed by others. These actions are displayed to traders like new posts get displayed on a Facebook timeline.
As explained above, using this platform traders will also be able to copy the latest trades performed by others with just the click of a button. The platform also makes it possible for traders to sort out those signal providers who achieved the greatest performances during the past one month, three months and six months.
The company is also dedicated towards the development of new features and tools, especially when it comes to its main trading product OpenBook. The new mobile app released is the latest example that proves this statement.