eToro Group Ltd. (NASDAQ: ETOR), a trading and investing platform, has announced how the company is harnessing artificial intelligence to enhance social investing.
eToro is launching a suite of AI tools that will “transform social investing by creating a community-built marketplace for investing built on top of eToro’s new public API.”
This marks a leap forward in the democratization of investing, arming retail traders and investors with sophisticated, AI-powered capabilities previously only accessible to quantitative hedge funds.’
The suite of AI tools will initially be available “to eToro’s Popular Investors, a subset of users who are a vetted group of top traders and investors who meet specific criteria and whose investment strategies can be copied by other users via eToro’s patented CopyTrader technology.”
Popular Investors will have access to “a range of AI-powered tools including an eToro MCP (Model Context Protocol), agent-based services and customizable apps and dashboards.”
These tools offer seamless access to eToro’s trading infrastructure and data, allowing Popular Investors to “build tools for themselves and the eToro community.”
These tools can combine social trading features “with advanced charting and execution capabilities.”
eToro’s focus on AI-empowerment includes “the launch of Tori, eToro’s next-gen AI companion.”
Tori is an AI assistant transforming how users “interact with eToro: answering questions, surfacing personalized insights, guiding them across the platform, and helping them better understand the world of investment – all through natural conversation.”
eToro has launched seven Alpha Portfolios as part of their Smart Portfolio offering.
These AI-powered strategies are built using “analysis of eToro’s proprietary retail trading data to give eToro users access to exclusive quant-driven strategies typically used by hedge funds.”
Following the acquisition of portfolio management provider Bullsheet in 2022, eToro has acquired BullAware and will “partner with its creator Mariano Pardo to embed key features within the eToro platform.”
BullAware was created to provide eToro users “with tools and insights to enhance their investing experience.”