eToro Openbook
Is what the experts (and amatures) call the “Forex Facebook” where you can follow and peep at what each trader in eToro, assuming is using the openbook platform, do and which positions exactly they have taken.
Click to Enlarge
To make things easier to understand, here is what the “eToro openbook” platforms enable traders to do:
1. eToro Openbook enables you to view which trades forex traders have taken in the past and which positions they take in the present.
2. eToro openbook allows you to study what the most professional and successful traders in their platform do since you will be able to precisely check who is doing what and how successful they were in the positions they have taken.
3. You can view which currencies changed hands.
4. You can always view who are the top performers (at the right side of the platform), and open their personal account for both viewing and communicating with them.
5. utilizing the following newest edition – eToro launched a platform called the “eToro Copytrade“. The copytrade is a platform that completes the openbook one since it allows you to automatically copy and paste positions other people taken. To your choice.
2. eToro openbook allows you to study what the most professional and successful traders in their platform do since you will be able to precisely check who is doing what and how successful they were in the positions they have taken.
3. You can view which currencies changed hands.
4. You can always view who are the top performers (at the right side of the platform), and open their personal account for both viewing and communicating with them.
5. utilizing the following newest edition – eToro launched a platform called the “eToro Copytrade“. The copytrade is a platform that completes the openbook one since it allows you to automatically copy and paste positions other people taken. To your choice.
To the beginner and average forex trader, eToro’s Openbook is the perfect learning tool and for the professional forex trader, the openbook platform is what we call – “The ultimate Intelligence source” since you can watch what others are doing, learn their trading patterns and habits in addition to copy and paste their successful actions.
Overall, if you are not familiar with eToro, eToro is online for a few years and is coplient with “MiFID” which means that the forex platform is regulated and supervised by external companies assuring that you are dealing with a good, descent company that practice legitimate business.
