AI Tools Launch for Personal Investors by Broker eToro
eToro, the popular social investing platform, has announced the launch of its new AI-driven toolset, designed to revolutionize the investing experience for its users.
At the heart of this new toolset is the AI-powered marketplace, a community-built platform based on eToro's new public API. This marketplace allows users to create, publish, and access customized AI-powered trading tools, democratizing advanced trading capabilities that were once exclusive to quantitative hedge funds.
Another key feature is Tori, an AI assistant that provides personalized insights, answers questions, and guides users through their investment journey. Tori offers tailored insights based on users' portfolios and needs, making investing more accessible and understandable.
eToro has also introduced seven new Alpha Portfolios that leverage its proprietary retail trading data. These portfolios aim to bring sophisticated investment strategies to retail traders, making algorithmic investment strategies in the style of institutional investors available to a broader user base.
The new toolset also includes AI-assisted order execution, individual trading algorithms, and automated strategies. Popular Investors will have access to AI-powered tools, enabling them to develop algorithms, automate strategies, and create personalized dashboards. Key features include automated trade execution, portfolio optimization, and real-time data integration.
eToro's commitment to democratizing innovation in the investing sphere is evident in the new portfolios, which are part of its strategy to make advanced investment tools accessible to retail traders. The platform's goal, as stated by CEO Yoni Assia, is not just to democratize access to markets but also to innovation.
The eToro community plays a central role in shaping the future of investing, according to Assia. The acquisition of BullAware is a testament to this commitment, enhancing the platform with community-powered innovation and improving user experience.
Real-time market data and third-party tools are integrated into the new toolset, providing users with comprehensive insights and analysis. The new AI-driven portfolios are designed to be accessible to the broader user base, making sophisticated investment strategies more accessible than ever before.
With these new features, eToro is set to empower users with advanced capabilities, combining social investing with AI-driven insights and tools, and transforming the investing experience for its users.
The AI-powered marketplace, a community-built platform within eToro's new toolset, allows users to create, publish, and access customized AI-powered trading tools, democratizing advanced trading capabilities. Tori, an AI assistant, offers personalized insights, answers questions, and guides users through their investment journey, making investing more accessible and understandable.
