And now for the good part: Russian investors can now expand their reach to include social trading pioneer eToro, who is both a platform developer and a broker. For now eToro has signed an agreement with Russia’s largest bank, Sberbank.
This meeting was not the first, since 2014 eToro has received 27 million US dollars from Sberbank and China’s Ping, which were used for the development of a social trading platform. It is now clear that this was a smart strategic move, and that in the end both the Russian and Chinese banks are interested in helping eToro enter the markets of their countries.
The agreement was announced recently, but nevertheless, Sberbank customers can already enjoy unique access rights to eToro’s offerings, and eToro, in turn, will receive guaranteed access to the huge Russian market, as customers of other Russian banks will also be able to use the planned ones.
eToro Collaboration with Sberbank will benefit both experienced investors and beginners. After all, clients can use social networks and perform all the necessary trading operations using all assets.
This Partnership more than logically for eToro, you see in Last Year Was Running Full Russian Version their Trading Platform, in Which Were Combined Most New Intuitive Trading tooling.