[ccpw id="5"]

Home.forex news reporteToro Enhances Analysis Tools: Traders Can Now Benchmark Portfolio, See Risk Factors

eToro Enhances Analysis Tools: Traders Can Now Benchmark Portfolio, See Risk Factors

-


eToro, a fintech company reportedly considering a US listing, has introduced several portfolio analysis tools to provide traders with a “more in-depth view of their investment performance.”

Simplifying Portfolio Analysis

Announced today (Thursday), the new tools will allow traders on the platform to benchmark their portfolio against other assets, analyse portfolio composition, and identify risk factors.

The platform has introduced four key features: portfolio breakdown, risk insights, expected dividends, and portfolio comparison.

With the ‘portfolio breakdown’ feature, traders can view how their holdings are distributed across asset types, sectors, geographies, and exchanges. The ‘risk insights’ tool offers a better understanding of portfolio risks, including details on assets that contribute to a higher risk score.

The ‘expected dividends’ section shows the dividend income generated by each stock in the portfolio, along with anticipated dividends from portfolio holdings. Meanwhile, the ‘portfolio comparison’ feature enables traders to compare their portfolio’s performance against benchmarks such as the S&P 500.

“Our new advanced portfolio insights are designed to give users a strategic edge, providing greater clarity on performance, risk, and diversification opportunities,” said Or Peled, eToro’s VP of Product Strategy and Growth. “Whether planning for long-term wealth or refining their investment strategy, we’re equipping our users with the precision and confidence they need to navigate market complexities and achieve their financial goals.”

Expanding Products

Initially known as a copy trading platform, eToro has evolved into a comprehensive brokerage offering cash equities and CFDs across various asset classes. It also provides both CFDs and physical cryptocurrency trading. Finance Magnates previously reported that Bitcoin trading volumes on eToro quadrupled during the US elections last year.

In addition to the newly introduced features, eToro has been expanding its product range strategically. Last October, it enabled trading in local currencies for eToro Money GBP and EUR accounts and significantly increased the number of shares available on its platform.

Meanwhile, eToro is reportedly planning to go public in the US during the second quarter of 2025 with a valuation exceeding $3.5 billion. However, the platform has not yet provided any official confirmation.

This article was written by Arnab Shome at www.financemagnates.com.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Fed's Schmid: We won't likely get to 2% inflation until 2026

The last stage to 2% inflation could be the most-challenging ...

Kraken Offers Fee Credits for FTX Clients to Trade $50K in Crypto

Kraken has announced a new initiative for clients receiving funds from FTX on its platform. These clients will be eligible for fee credits, allowing them to...

JCPenney merges with Forever 21's parent company Sparc Group to create new entity

The parent company of fashion retailer Forever 21 has merged with JCPenney to form a brand new company called Catalyst Brands. Sparc Group, which is...

Argentina pays bondholders $4.3bn in key test for Javier Milei

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Argentina’s government has paid $4.3bn to...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img