Etoro brings forex to the next level with Open Book

The foreign exchange market first started as a very exclusive market, where only few financial companies and banks had access. Once forex entered the internet world, it became more accessible. Due to the increasing ruthless competition, online trading platforms lowered the minimum requirements and increased the leverage.

Etoro is one of the leading online forex brokers and now takes trading to the next level. Knowing that all beginner traders would want to see what more experienced traders do, Etoro launches the Open Book.

Open Book is a social trading network that allows traders to see in real time what other traders do, what positions they open or close. Now traders can follow those experienced traders that always get the best results. Every trader has its own profile page where his trading activity is displayed in real time. Any trader can follow as much traders he wants and in the same time can be followed by others.

Every trader has its own statistics showing their trading performance and on the home page there is a top with the best five trading performers updated in real time.

The Open Book is available for all existing traders and since August will also be available for all new Etoro users. The Open Book uses the same Etoro account and the profile page is made automatically for each user. This means that now you have a new set of statistics that can help improve your trading skills. Open Book is also a good way to compare you to other traders and learn from their way of trading.