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Gulf Press > Business > eToro collaborates with X to offer trustworthy financial education content on the platform – News
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eToro collaborates with X to offer trustworthy financial education content on the platform – News

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Last updated: 2024/06/17 at 3:19 PM
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eToro, a popular trading and investing platform, has recently partnered with a well-known social media platform formerly known as Twitter, to launch a series of financial education content. Through livestream events, video on demand, and audio spaces, eToro and the social media platform are collaborating to provide accurate and accessible investment information to users. This expert-led content will cover various topics such as insights and analysis from analysts, trending topics, breaking news, and investment fundamentals, all delivered live on the platform.

The partnership between eToro and the social media platform also includes a renewed agreement for title sponsorship for the platform’s real-time Cashtag feature. This feature provides charting and data from TradingView on a wide range of stocks, cryptocurrencies, and other assets, along with the ability to invest through eToro. This collaboration aims to close a gap in the market for financial education, as a recent survey by eToro revealed that a significant percentage of retail investors in the UAE are not fully satisfied with the level of financial education available to them.

Linda Yaccarino, CEO of the social media platform, expressed her enthusiasm about the partnership, highlighting the value it brings to users in terms of high-quality video content and innovation around cashtags and new features. The partnership also aligns with the increasing interest in trading and investing topics on the social media platform, with over 1.4 billion posts referencing these topics in 2023, representing a 54% year-on-year growth. While the US accounts for a sizable portion of the global conversation, there is still room for growth and engagement in other regions.

Yoni Assia, Co-founder and CEO of eToro, emphasized the importance of shared knowledge and collaboration in the world of finance. The partnership with the social media platform is seen as a significant opportunity to expand the reach of financial education and investment insights to a global audience. As more people turn to social media for financial content, eToro and the platform aim to deliver high-quality educational resources and insights to those who may have been previously excluded from traditional channels.

Overall, the partnership between eToro and the social media platform is a step towards providing a valuable resource for users seeking financial education and investment insights. By leveraging the platforms’ strengths and reach, the collaboration aims to bridge the gap in the market for accessible and relevant financial content, catering to a global audience interested in trading and investing topics. With a focus on expert-led content and innovative features, the partnership is set to enhance the financial education landscape on the social media platform and provide users with valuable resources for their investment journey.

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News Room June 17, 2024
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