de | cn | ru

Brokers News

eToro Upgrades Its OpenBook Social Forex Platform... Well, Sort Of

Jul 24 2013
By
Forexbrokerz.com

eToro has just updated its OpenBook platform for social trading. The three most important updates are that as of Today OpenBook will be a single page application, the Copy.Me feature will be removed, and a better Second Income reporting will be introduced for Social Gurus. 

 
Up until now, eToro's OpenBook was a messy site. I have been using it for a while now, and I still don't get the logic behind the platform's layout – I keep clicking randomly for at least a few minutes before I can access my account balance or other details. It's not that I'm too dumb to find my way – it's just that I don't feel the need to do so because the platform was not designed to be so user-friendly. 
 
This is why the news about the new OpenBook got me really excited – I began imagining my entire account and all of its activity on a single page, everything neat and tidy... And then I realized that I won't really see any changes – as eToro itself tells, “this change does not affect any feature of the product. You’ll only notice a change in how pages load faster and more smoothly”. And there go my dreams of a better trading platform. Gone. Shattered. I should have known, though - this is not the first time the broker disappoints me with an upgrade.
 
On top of that, eToro goes on to compare this with Google's Gmail in terms of navigation ease, but I am a bit skeptical if they'll be able to achieve this – after all, Gmail has a completely different purpose and hence – a different functionality. It also has common sense, and even its dumb features (like the new tabs, for example), are designed with the best intention of making things easy for the users. Thanks for blowing my expectations, eToro. Well done. 
 
Then comes – or rather goes – the Copy.Me feature. If you aren't aware of it, Copy.Me was a tool letting signal providers promote their activity outside of OpenBook for the purpose of attracting more followers. Not that it matters any more since the service has already been canceled.  The reason eToro gives for shutting down Copy.Me is its redundancy – and I completely agree with that. Anyone who had created a Copy.Me profile will still have their URL, but it will now redirect to the trader's profile on OpenBook. 
 
The last piece of news concerns those clients of eToro who participate in the broker's Social Guru program. If you're not a Social Guru, you can skip this part altogether and do something more useful instead – like fetching me a cup of coffee, or trading (I see some movement on the USD/JPY chart, there might be trading opportunities there but don't take this as trading advice. I mean it.). 
 
Back to Social Gurus: these will now be getting their “Second Income” reports straight into their account profiles (good luck finding that, I'm telling you – I'm still trying to figure out what's up with that signal providers who keeps blowing away my money). No, wait – eToro must have anticipated that it will be hard to find, so here's a hint: go to Stats >> Second Income in your profile. 
 
And that's all the news from eToro for now. Stay tuned! 
 

About eToro

 
eToro is a Cyprus-based forex broker regulated by the Cyprus Securities and Exchange Commission. It offers reasonable trading via proprietary trading platforms, variable spreads from 1 pip, and leverage of up to 1:400.
 
Recently the broker obtained a license from the Financial Conduct Authority (FCA) in the UK, and is expected to set up offices in London soon. 
TAGS: eToro  forex broker  forex trading  forex  trading platform  OpenBook  social guru  Copy.Me 

More news about eToro

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Brokers News

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

  As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus!   This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand Trading.com

Jul 03 2019 14:19:28

  Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Trading.com. Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

de | cn | ru