eToro Makes it Easy to Find and Copy Top Trading Talent with GuruFinder™

NEW YORK and LONDON, February 7, 2012 /PRNewswire/ --

eToro, the world's largest investment network, is demonstrating today at Finovate Europe, GuruFinder  an enhancement to eToro OpenBook ™ that enables traders to more easily find the best performing traders to follow and copy.   With the ability to search eToro's extensive database for top traders suited to the user's investment requirements  based on risk levels, trading performance, type and range of activity,  GuruFinder provides users with more extensive tools to find exactly who they are looking for quickly and easily. Fully integrated into OpenBook, GuruFinder enables traders to invest in the top traders'  performance by automatically copying all their trades into their own eToro trading account.  

With the explosive growth of social trading networks, there are thousands of talented traders actively using OpenBook .   Pinpointing the best trader to follow requires research and special consideration to ensure that the guru chosen is the best match based on their personal trading style.    Now, more precise search criteria including percentage of total investments in a single trade, average duration of each trade, and number of profitable weeks, helps find the most suitable top trader for sharing market knowledge and for copying trades.  With GuruFinder users are now able to quickly build their people-based portfolio based on their personal investment preferences. For traders it opens the possibility to be discovered more easily as a potentially matching Guru trader.

"More than half of the transactions currently executed on OpenBook are copied trades, and results show that these trades have consistently higher returns,"  said eToro CEO, Johnathan Assia.  "We are witnessing how the wisdom of the crowds is creating true value and profits for our users.   The ability to use eToro's GuruFinder  to easily find the best traders in the network will surely help our users to create more profitable investment portfolios."

eToro's GuruFinder  will be showcased at  FinovateEurope, at  Old Billingsgate Market Hall in the heart of London on  February 7, 2012, where handpicked fintech companies will present the cutting edge of banking and financial technology, and compete for the coveted Best of Show Award.  

Learn more about eToro and tap into the world's largest investment network at: http://www.etoro.com and  http://openbook.etoro.com

About eToro

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 profitable way to trade and invest online. By harnessing the wisdom of the crowds every member of eToro's social trading network benefits from accelerated information exchange, knowledge sharing and the ability to quickly identify the best investment opportunities. eToro's open Guru Program allows expert and talented traders to earn wide reaching recognition and monetize their trading expertise by earning rich monthly rewards. eToro's wide range of award-winning web-based and mobile social trading platforms appeal to every level of trading expertise, and provide an amazing investment experience that caters to the needs of the consumer investor. For more information, visit us at http://www.etoro.com.

Contact:
Alon Levitan
[email protected]
+1-888-993-8676
http://www.eToro.com

SOURCE eToro