eToro's forex forum has had a magnificent year in 2009 with over 4,000 user generated posts accumulating in the eToro forum archives for the benefit of current and future eToro traders.
From its launch as an eToro side project for their user community, to its current status as a central location for forex discussions, the eToro forex forum has certainly evolved in its two years of existence. eToro users are certainly eager to participate in the forum, posting on every possible subject, from forex trading basics to economic data releases, in eight different languages.
Part of the success of the eToro forum must be credited to eToro's commitment to providing traders with localized community outlets in their native language. The eToro forum presents forum members with seven forum branches, each dedicated to forex discussions in a different language such as Chinese, Arabic, French, Italian, Russian and more, as well as the usual English language branches. The local language forum branches are each monitored by a native speaking administrator whose job is to respond to unanswered posts and monitor the general discussion.
The eToro forex forum is a very useful tool for eToro community members to research forex information, to find out about new strategies that other users are kind enough to share, and to gauge trader climate by seeking out traders' opinions on specific events in the forex market. It is eToro's firm belief that "no trader is an island", meaning that forex traders cannot afford to be isolated from the rest of the trading community because this isolation may give them a wrong impression of the impact of market fluctuations and its future direction. Often times, looking at currency price charts and reading expert market analysis is simply not enough, and it always pays off to be in touch with the sentiment of your fellow traders.
To find out more about the eToro forum, please visit forum.etoro.com.