Febuary 2, 2011 – eToro, the world’s largest investment network, launched today the Market Leaderprogram, a “Badges System”, which recognizes market leaders that profit consistently while using eToro’s social forex trading network.
The Market Leader program rewards top traders for their achievements by adding badges to their profile communicating to fellow traders their achievements and outstanding performance. eToro Market Leader program identifies experts who can set an example of trading excellence and mentor less experienced traders through chat room conversations, and interaction on popular social media sites .
The Market Leader program automatically tracks the location of traders when they check in, monitors their trades and awards them points when they cash in for a profit. These points accumulate resulting in awards based on top performance in various trading tracks. Types of badges include best trader in commodity trading such as gold and crude oil or currency trading such as euro vs. dollar. Market Leader status is granted for a specific country, region, and continent and up to the level of global Market Leader for a specific trading category. In the near future the Market Leader program will be further expanded to include the city level, giving more investors the opportunity to stand out and receive personal recognition for their trading achievements.
eToro’s Social Trading capabilities also have been enhanced to enable monitoring of expert traders’ positions using popular social networks such as Facebook, Twitter and LinkedIn. Events that can be shared include closing a profitable forex trade, opening a trade, copying from other traders, joining or winning a trading challenge, receiving Market Leader badges and more. “
The Market Leader program demonstrates eToro’s continued commitment to making trading a fulfilling and rewarding social experience,” said eToro CEO, Johnathan Assia. “By recognizing and rewarding trading excellence we believe all traders can trade like experts. We believe that sharing knowledge and expertise helps everyone make the most from their financial trading.”
By combining the capabilities of simple to use forex software with a community powered investment network eToro is uniquely positioned to lead the social trading revolution and break down the barriers of complex trading. eToro enables users to view, share and copy their chosen trader’s moves in real time and provides every individual with easy access to the world’s financial markets.
