eToro has launched a 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 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 in September 2010.
“Trading and trade monitoring through mobile devices is quickly becoming a necessity, with an estimated 8% of all retail foreign exchange [FX] volume being generated this way – rising to 16% within two years,” said 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.
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