We found 11 online brokers that are appropriate for Trading GBP USD Signals Platforms.
Trading GBP/USD currency on financial markets, deciphering GBP/USD signals is paramount for traders seeking to navigate the complex terrain of currency trading. These signals, often influenced by actions taken by central banks like the Fed, reveal the dynamic interplay between the British Pound (GBP) and the US Dollar (USD). From identifying sell signals to assessing the relative strength index (RSI) and examining technical indicators, this article delves into the medium of GBP/USD technical analysis. Join us on a journey through a week's worth of insights into the rise and fall of Sterling.
GBP/USD signals are crucial indicators for traders and investors in the foreign exchange (Forex) market, providing insights into the relative strength of the British Pound (GBP) and the US Dollar (USD). GBP/USD signals track the exchange rate between the British Pound and the US Dollar. When traders receive these signals, they gain valuable information about the current value of the GBP relative to the USD.
Disclaimer: While central banks influence GBP/USD signals, other factors like political events and global economic conditions also play a role.
Traders use GBP/USD signals to identify potential buy or sell opportunities. For instance, if a signal suggests a buy, the GBP is expected to strengthen against the USD, leading to trading actions. These signals reflect market sentiment and the perceived economic health of both countries. Positive signals for GBP/USD may indicate growing confidence in the British economy compared to the US.
Investors and institutions use GBP/USD signals to manage their currency exposure. Changes in the exchange rate can impact the value of international investments and portfolios, making these signals crucial for decision-making. Understanding GBP/USD signals helps traders and investors manage risks associated with currency fluctuations, as they can adjust their positions accordingly. The GBP/USD is a central currency pair with global significance, so its signals can influence Forex markets and other financial instruments and markets worldwide.
GBP/USD signals serve as vital tools for traders and investors, guiding them in making informed decisions about trading, portfolio management, and risk mitigation in the dynamic world of financial markets.
When seeking reliable GBP/USD trading signals, it's essential to consider a variety of sources, including reputable forex brokers, financial news websites, independent signal providers, paid signal services, social media platforms, trading software, and online trading communities. Here are three example websites for each type of source, providing you with a broad range of options to explore:
As an experienced trader, it's crucial to seek dependable sources for GBP/USD trading signals to make informed decisions.
Traders have several options for finding reliable GBP/USD trading signal sources. It's crucial to research and verify the credibility of these sources, considering a combination of providers to enhance signal reliability.
Central banks play a pivotal role in influencing GBP/USD signals and exchange rates, using various monetary policies and tools to achieve their economic objectives.
Central banks adjust interest rates, such as the Bank of England and the Federal Reserve. For example, a higher interest rate in the UK can make holding GBP more attractive, leading to a more robust GBP/USD exchange rate. Central banks implement quantitative easing (QE) programs to stimulate economies. QE involves purchasing financial assets, which can impact currency supply and devalue the currency. The announcement or implementation of QE can lead to a weaker GBP/USD rate.
Central banks provide forward guidance on their future policies. Clarity or uncertainty in this guidance can influence trader expectations and impact the exchange rate. For instance, a clear plan to raise interest rates can strengthen GBP. Central banks occasionally directly intervene in the foreign exchange market by buying or selling their currency. Such interventions can have a significant, immediate impact on GBP/USD rates. Central banks release economic data and reports that provide insights into the health of their respective economies. Positive economic data can boost confidence in the currency, while harmful data can have the opposite effect.
Central bank statements and actions can shape market sentiment. Traders closely watch central bank meetings and announcements for clues about future policy moves, which can trigger trading decisions. Overall, central banks are powerful entities that use a combination of policies and actions to influence GBP/USD signals and exchange rates, affecting the global financial markets and the decisions of traders and investors alike.
Geopolitical factors have a significant impact on GBP/USD signals and can influence currency pair movements.
Since the UK decided to leave the European Union (EU), Brexit-related news and negotiations have played a crucial role in GBP/USD fluctuations. Progress, setbacks, or uncertainties regarding trade agreements can lead to substantial volatility.
Political events in the United States, such as presidential elections or significant policy changes, can affect the US Dollar's value and, consequently, GBP/USD rates.
Geopolitical tensions and economic sanctions imposed on either country can impact trade and currency values. For example, sanctions on Russia or Iran can affect energy prices, influencing currencies.
Armed conflicts or international crises can lead to safe-haven movements. In times of uncertainty, investors may flock to the US Dollar, strengthening it against the GBP.
Trade deals or disputes involving the UK, the US, or their partners can affect trade flows and currency values. Positive trade news can boost the GBP/USD rate.
Events like pandemics, natural disasters, or terrorist attacks can have immediate and unpredictable effects on currency markets.
Geopolitical stability or turmoil can influence central banks' interest rate decisions, affecting currency values.
Traders should closely monitor geopolitical developments and incorporate them into their GBP/USD signals analysis, as these factors can introduce significant volatility and unexpected market reactions.
The frequency of checking for updated GBP/USD signals in volatile markets depends on several factors.
Short-term traders (day traders) who aim to capitalize on intraday price movements may need to check for signals multiple times daily. In contrast, long-term traders or investors may review signals less frequently, such as daily or weekly.
In highly volatile markets, prices can change rapidly. Traders in such markets may need to check for signals more frequently to stay ahead of sudden price swings. Traders with lower risk tolerance may prefer more frequent updates to manage their positions and minimize potential losses.
Major economic announcements, geopolitical developments, or central bank meetings can introduce volatility. Traders often check for signals before and after such events. Some traders use automated trading systems that continuously monitor markets and execute trades based on predefined criteria, reducing the need for manual signal checks. GBP/USD trades during London and New York market hours. Traders may focus on checking for signals during these overlapping hours when liquidity is highest.
Ultimately, the decision to check for updated signals should align with a trader's strategy, risk tolerance, and the specific conditions of the market. It's essential to balance staying informed and avoiding overtrading, which can lead to unnecessary costs and increased risk.
Combining these technical indicators and tools can help traders generate more comprehensive GBP/USD signals and make informed trading decisions based on various factors.
Moving averages, such as the simple moving average (SMA) and exponential moving average (EMA), are widely used to identify trends in GBP/USD. Crossovers between short-term and long-term moving averages can signal buy or sell opportunities.
The RSI, mentioned earlier, helps traders assess overbought or oversold conditions, providing signals for potential reversals.
Bollinger Bands consist of a middle band (SMA) and upper and lower bands based on volatility. Breakouts from these bands can indicate potential trade entries or exits.
The stochastic oscillator measures the momentum of the GBP/USD price. Crosses of the oscillator's lines can signal potential changes in trend direction.
Traders use Fibonacci retracement levels to identify potential support and resistance levels, aiding in decision-making for entries and exits.
MACD helps traders identify trends and momentum changes. Signal line crossovers and divergence from the price chart can indicate trading opportunities.
The Ichimoku Cloud provides support, resistance, and trend information. Traders look for cloud crossovers and other chart patterns for signals.
Specific candlestick patterns, such as doji, engulfing, or harami, can provide insight into potential reversals or continuations in the GBP/USD price.
Traders often analyze trading volume alongside price movements to confirm signals. An increase in volume can validate a signal's strength.
While not strictly indicators, identifying critical support and resistance levels through technical analysis can aid GBP/USD trading signals.
Economic data releases play a significant role in generating GBP/USD signals due to their impact on market sentiment and expectations.
Central banks' decisions on interest rates can lead to significant shifts in the GBP/USD exchange rate. Higher interest rates in the UK may attract foreign capital, strengthening GBP, while lower rates can have the opposite effect. Positive GDP growth data in the UK can boost confidence in the GBP, while negative growth may lead to selling pressure. Rising inflation can erode a currency's purchasing power. Higher inflation in the UK may lead to expectations of interest rate hikes, strengthening the GBP.
Strong employment figures indicate a robust economy, potentially strengthening the GBP. Rising unemployment may have the opposite effect. Trade surplus (exports > imports) can strengthen the GBP as it indicates demand for British goods and services. A trade deficit can weaken the currency.
High consumer confidence can boost economic activity and the GBP, while low confidence may lead to selling pressure. Political events like elections or significant policy changes can impact economic stability and currency values. As mentioned earlier, geopolitical factors can introduce volatility and uncertainty, affecting GBP/USD signals.
This connects the various economic data releases that influence GBP/USD signals, including interest rates, GDP growth, inflation, employment data, trade balance, consumer confidence, political stability, and geopolitical developments. Each factor contributes to market sentiment and expectations, ultimately impacting the GBP/USD exchange rate and traders' decision-making processes.
The historical accuracy of GBP/USD signals varies based on several factors. Accuracy can fluctuate depending on market volatility. Signals may be more reliable in stable market conditions but less so during periods of high volatility. The source of signals matters. Some signal providers or strategies have a proven track record of accuracy, while others may not perform consistently. The time frame of analysis influences accuracy. Short-term signals may have a lower accuracy rate compared to longer-term signals.
The effectiveness of signals also depends on the trader's risk management strategy. Proper risk management can help mitigate losses even when signals are less accurate. Sudden shifts in market sentiment can lead to unpredictable movements, impacting the accuracy of signals. Unexpected economic or geopolitical developments can disrupt even the most accurate signals.
Traders must thoroughly backtest and evaluate signal providers or strategies to assess historical accuracy. Additionally, traders should combine signals with other analysis and risk management techniques to make informed decisions and adapt to changing market conditions.
Traders should employ a discerning approach to distinguish between reliable and unreliable sources of GBP/USD signals. Established signal providers with a history of accuracy and positive feedback from the trading community are often more reliable. Reliable sources are transparent about their methodology and signal-generation process, providing traders with clear insights into how signals are generated. A documented track record of past signals and their performance can be a valuable indicator of reliability. Look for third-party reviews or verification of signal providers. Independent analysis can help confirm the accuracy of signals.
Reliable sources should provide clear disclosures, emphasizing that trading involves potential losses. Responsive customer support and clear communication channels indicate professionalism and reliability. Consistency in signal generation over time is a positive sign. Providers that frequently change their strategies or signals may be less reliable. Some signal providers offer free trials. Test these signals in a demo account to evaluate their effectiveness before committing natural capital. Providers that guarantee profits or make unrealistic claims should be approached cautiously, as trading inherently involves risks.
Traders should exercise due diligence and avoid rushing into partnerships with signal providers. Combining signals from multiple reputable sources and conducting independent analysis can help increase the likelihood of reliable trading decisions.
Limitations and Confirmation Strategies
While technical indicators can be valuable tools for generating GBP/USD signals, it's crucial to understand their limitations and employ additional strategies for confirmation:
Here are some confirmation strategies to consider when using technical indicators for GBP/USD signals:
By understanding the limitations of technical indicators and employing confirmation strategies, traders can generate more reliable GBP/USD signals and make informed trading decisions.
Final Words: A Well-rounded Approach to GBP/USD Signals
Understanding GBP/USD signals is a valuable skill for navigating the complexities of currency trading. This article has explored the various factors influencing these signals, including central bank actions, geopolitical events, and technical indicators.
Remember:
By carefully considering all these elements, traders can develop a comprehensive strategy for interpreting GBP/USD signals and navigating the ever-changing foreign exchange market.
Disclaimer: Trading Forex is very high risk and not for every traders risk or skill level. This article is for informational purposes only and should not be considered financial advice.
We have conducted extensive research and analysis on over multiple data points on GBP USD Signals to present you with a comprehensive guide that can help you find the most suitable GBP USD Signals. Below we shortlist what we think are the best GBP USD Signals Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching GBP USD Signals.
Selecting a reliable and reputable online GBP USD Signals Trading Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade GBP USD Signals Trading Platforms more confidently.
Selecting the right online GBP USD Signals Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for GBP USD Signals Trading Platforms trading, it's essential to compare the different options available to you. Our GBP USD Signals Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a GBP USD Signals Trading Platforms broker that best suits your needs and preferences for GBP USD Signals Trading Platforms. Our GBP USD Signals Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top GBP USD Signals Trading Platforms.
Compare GBP USD Signals Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a GBP USD Signals Trading Platforms broker, it's crucial to compare several factors to choose the right one for your GBP USD Signals Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are GBP USD Signals Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more GBP USD Signals Trading Platforms that accept GBP USD Signals Trading Platforms clients.
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IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare GBP USD Signals Trading Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top GBP USD Signals Trading Platforms for 2025 article further below. You can see it now by clicking here
We have listed top GBP USD Signals Trading Platforms below.
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