eToro Partners With Stocktwits To Enhance Retail Investor Tools And Resources
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eToro has partnered with Stocktwits to improve how regular traders can access the financial markets. This partnership links Stocktwits’ community with eToro’s trading platform, giving investors new tools to use worldwide.
Stocktwits’ boss, Howard Lindzon, said he is happy to work with eToro. He shared that both companies believe it is important to learn from each other and to have a strong group of people working together.
eToro Aims To Empower Retail Traders Through Strategic Partnership With Stocktwits
He said the idea of “dumb retail money” is not true. He explained that Stocktwits’ users are smart traders who like talking about stocks and markets all day. They know a lot about trading.
The news said the teamwork starts with a “trade” button on Stocktwits. This button helps its 10 million users in 200 countries connect to eToro.
Users can see and trade things on eToro with this button. Both companies are happy about this. eToro now shows popular ideas from Stocktwits on its pages, helping people learn from others.
Yoni Assia, who started eToro and is the boss, said he is very happy about working together. He called this the beginning of something close and strong.
He said eToro and Stocktwits want to help more people who trade their own money. He thinks their teamwork will help people talk about money, learn more, and grow their money.
Soon, there will be a “share” button for eToro users. It will let them send ideas to Stocktwits. Both companies are excited because it joins trading and sharing ideas. They want to build a place where traders around the world can trade and talk together.
eToro Wants $5 Billion to Grow Its Social Trading
eToro wants to grow and asked to join the stock market in the US. Reports say they hope to be worth $5 billion. If this happens, they will join big companies like Coinbase and Robinhood that let people trade crypto in the US.
eToro started in 2007 in Tel Aviv, Israel. It helps people trade many kinds of things. By early 2024, it had 35.5 million users and over 3 million accounts with money in them.
Stocktwits started in 2008. It helps people like traders, investors, and business owners share ideas. It made a special way to talk about stocks using a “cashtag,” which is a dollar sign with a stock’s symbol. Now, it’s a place where people share ideas about the market in real-time.
