In a major expansion for its US users, the investing platform eToro has launched its patented CopyTrader feature for American investors. The tool allows users to automatically mirror the trades of successful investors on the platform with a single click.
The announcement was made at eToro’s annual investor summit, where the company also unveiled new public APIs. These tools let developers and users build custom trading applications and automations, even by using simple voice or text commands through an “AI assistant” named Tori.
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“We’re not just democratizing access to data, we’re democratizing quant investing,” said eToro CEO Yoni Assia.
The apps created with these new APIs will eventually be available in a forthcoming eToro App Store, allowing the platform’s community to share their own tools. For US investors, the immediate impact is the arrival of CopyTrader, providing a new way to leverage the strategies of other traders without management fees.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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