eToro extends support to Spain’s market
Social investment network eToro has extended its services to the Spanish market.
The platform eToro OpenBook has been localized to support Spanish users, and will enable traders and investors to use the social market place created by the network.
“eToro’s technology enables users to harness the wisdom of the crowds to form better investment decisions. By quickly identifying top performing traders and investors within the eToro investment network, users are able to copy all the Guru’s trading actions directly into their own account and link themselves to the performance of all their copied Gurus,” the company said.
Moreover, users can create their own people-based portfolio of top performing traders, whereas people themselves are now transformed into the traded investment instrument.
“Spain is for us a strategic market, we believe that the success of social trading and investing will quickly spread in the Spanish market after people become aware of the advantages to trade and invest in a truly open and transparent market place,” said Johnathan Assia, chief executive and founder of the firm.