EToro, the world's largest investment network, announced the launch of its mobile Trade Alerts app. Trade Alerts is an Android application which takes technical analysis and simplifies it into actionable trade notifications.
In addition, every technical alert received can be socially shared and ranked by eToro's community members. By layering social elements on top of technical analysis, Trade Alters harnesses the wisdom of the crowds to gives users the ability to make smarter trading decisions while on the go.
By providing the only mobile trading alerts application to date that includes social features, eToro's OpenBook enables users to quickly react to market conditions anytime, anywhere. Users can share and rate the trade signal, as well as execute trades based on the predefined information of the trade signal.
eToro users benefit from the combination of the two hottest trends in financial industry: social investment and mobile trading, which have been packaged into an exciting and engaging trading experience.
Johnathan Assia, eToro's CEO, said: "We believe that in order to be a profitable trader and investor, you need information at your fingertips that lets you stay one step ahead of the markets - and this is what eToro's mobile Trade Alerts app provides. Users receive market analysis along with social trading insights, making our app a true innovation in mobile trading."