E*Trade launches its own social network

E*Trade is a very large stock broker and it follows the steps of Zecco who launched a similar community a year or two ago. I imagine Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term brokers won't take too long to follow. For now only eToro is a Forex Broker Forex Broker In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day marke In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day marke Read this Term with its own community - OpenBook.

Online brokerage E*Trade has launched a social networking platform that helps investors connect with each other, share ideas and discuss strategies. When they sign up to the E*Trade Community members have to create profiles and can choose to share recent trading activity, account performance and investment objectives. They can also follow like-minded investors. In addition participants are able to gauge real-time sentiment on the markets, view the most actively-traded and widely held stocks and view top performing community members.

Michael Curcio, president, E*Trade Securities, says: "Social networking is playing an increasing role in how individual investors plan their finances. The E*Trade Community is an extension of our educational offering for customers looking to supplement what they learn from more traditional sources."