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eToro's OpenBook Platform Undergoes Upgrade, Badges Go Away

eToro, the Cyprus-based Forex broker, has been pretty active in updating its social Forex trading platform OpenBook over the past couple of days, with changes involving the removal of the badges and some very useful improvements to the search service.

Let's kick off with the change that concerns the social nature of the platform: the badges. They have been around for years and have been making the profiles quite colorful: however, their role was really dubious from a trader's point of view. To give you a couple of examples, let's just ask ourselves about what was the point of badges like Guru Apprentice. Perhaps you recall that the latter meant that a trader has attracted at least 10,000 copiers with (drums please!) virtual money. But while this still has some relevance to someone's trading abilities, badges like Debate Mate, given for launching at least 100 conversations on the platform, are totally bedazzling. They simply did not have any connection to characteristics of one's capabilities as a Guru. Hence, let's congratulate the broker on the smart move. Badges were fun, but they should stay within dedicated game-like websites such as Foursquare, where you compete with others for such items. Trading is serious and hopefully eToro has grown up to grasp the idea. In the place of the badges, the broker promises to launch new profile features and we expect them soon.
Let's look at the other updates of the platform, the most important being the Search feature. From the main page, navigate to the top right corner and tap the search box. You can type the first letters of a trader's name or a market, and the search engine will automatically generate suggestions. 
The best part about the update is that it is available on the mobile version of OpenBook, which has until this point been marred with very difficult search procedures. One had to search through a long list of names and data, called the Live Feed. I have been complaining about a lack of a useful search feature and I have it now, so I'm pleased. Now I can find a Guru after typing a letter or two of his/her name.
Of course, these are not all of the updates: the OpenBook team has also fixed a number of bugs and has made unfollowing way easier as it may now happen through the Connections page.
Overall, eToro has made the platform less crowded with information and the whole process of using it is much more fluent. 
TAGS: etoro  etoro forex broker  etoro forex  etoro openbook  openbook update  openbook badges  badges removed  search feature  forex software  forex platform  social forex trading 

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