Trading and investing platform eToro announces a partnership with Stocktwits, which claims to be one of the world’s largest social media platforms for traders & investors.
The first phase of the collab reportedly includes Stocktwits adding a ‘trade’ button on their site for “all assets which are supported by the eToro platform.”
Stocktwits’ 10 million plus active users from more than 200 countries can click on the button “to link directly to eToro where they can view and trade the asset.”
In turn, eToro will integrate content and insights from Stocktwits into the relevant assets pages on the eToro platform and “launch a ‘share’ button, enabling eToro’s users from around the world to share content from eToro directly to Stocktwits.”
This will reportedly form the foundation for greater “collaboration and product integration in the future.”
Stocktwits CEO, Howard Lindzon commented:
“As Stocktwits continues to grow our trading and investing community faster than ever, we are excited to partner with eToro to enable our users to view and trade assets via the eToro platform. The two businesses share a belief in the power of shared knowledge and the importance of community. Time and again, the Stocktwits community gets it right, whether it’s semiconductors, small caps, or China. The engagement, message volume, and watchlist creation show that the idea of ‘dumb retail money’ is a myth. Our community demonstrates that there is a large and growing body of experienced traders who love talking about stocks and markets all day long and know their stuff.”
Yoni Assia, eToro Co-founder and CEO, added:
“Howard is both a long term eToro investor and friend. I’m excited to see eToro and Stocktwits working together, with today’s announcement just the beginning of a close collaboration with even deeper product integration planned for the future. As two of the largest social investment communities in the world, we have a shared goal of serving the evolving needs of the growing number of retail investors. Our partnership will empower financial discourse on both sites providing additional resources for users to grow their knowledge and wealth.”
As noted in the update, eToro is the trading and investing platform that empowers you to invest, share and learn.
They were founded in 2007 with the vision of a world “where everyone can trade and invest in a simple and transparent way.”
Today they claim to have over “38 million registered users from 75 countries.”
They believe there is power in shared knowledge and “that we can become more successful by investing together.”
So they’ve created a collaborative investment community “designed to provide you with the tools you need to grow your knowledge and wealth.”
As mentioned in the announcement, Stocktwits is the social media platform dedicated “to investors and traders.”
With an active community of over 10 million users, Stocktwits has established itself “as a voice in the investing world.”
Driven by the mission to help investors enhance their returns, Stocktwits offers a rich ecosystem of “community interaction, data, content, and tools that empower investors to connect, learn, profit, and have fun in the process.”
