Last week was another milestone for social trading and investing network eToro OpenBook. It was announced that eToro has successfully qualified for the UK Future Fifty, a scheme that support high-growth businesses to scale and reach their full and true potential.
Tech City UK is the organisation behind this program. They named a group of 50 most promising companies with high potential growth and eToro is one of them.
About Future Fifty
Launched in April of this year by Chancellor George Osborne and Joanna Shields, CEO of Tech City UK, Future Fifty is a fast-track, concierge programme designed to accelerate the selected companies’ progress, to create jobs and promote innovation in the UK.
The programme delivers tailored public and private sector expertise to enable companies like eToro to scale rapidly and lay the foundations for raising investment that will help them expand and continually improve the service they provide to customers.
What Future Fifty can do eToro?
eToro applied to the program to be able to benefit from the business expertise that Tech City UK can offer. As relative newcomer to the UK market, no doubt eToro can benefit immensely from the guidance and networking connections they can provide.
It can be considered as honor that eToro has been selected alongside so many exciting companies. The Future Fifty consists of some amazing technology businesses, each of which is transforming their industries through continual innovation as well as creating amazing products and services.
About eToro:
This is probably one of the biggest and most popular social networks. eToro OpenBook has 1.75m traders and more than 200,000 live accounts. Traders can trade not only currencies, but also commodities, some stocks and indices.
eToro allows investors and members to see what other social traders are doing, in order to gain a wider market knowledge and forex trading strategies. You are also allowed to copy or auto copy the trades of successful experts and get the same profits.