Social Trader Tools Reviews and Pricing 2023

Although we doubt this account, it is reliable for traders. IronFX is an online multi-asset broker that offers a wide variety of trade options. Users can trade Crypto, Forex, indices, futures, and more. Of all the platforms on this list, IronFX offers one of the broadest ranges of options. Kinfo is unique in that it allows users to analyze hedge fund results and inside trading activity.

Be careful to examine what tools each platform has before committing to one. Platforms such as eToro and Darwinex charge very little for the commission, but they take a proportional cut of each trade. Others take less of a cut, but they charge monthly subscription fees. You will always be slightly behind the trend if you copy other traders. There is often a higher commission on copied trades than on others.

Over four million traders have enjoyed a decade of successes, awards, and constant access to global financial markets. You can create trading accounts, modify leverage, allow swap-free options, and edit or restore passwords. You can make deposits and withdrawals using the most common payment methods. You can view your account operations history and apply filters to it. View contest statistics and access your contest account. View statistics on completed and active bonuses, and activate bonuses.

This is useful for more experienced traders who can use them as early indicators of market sentiments. You can use a variety of filters to find a trading strategy that works for you. The platform provides information on a trader’s activity, both past, and current trades. FBS CopyTrade is an online broker that deals with Forex trading. It facilitates copy and mirror by providing performance analysis for each trader’s profile. Members of the platform get access to other traders’ history.

IronFX Social Trader

The minimum deposit to get started is next to nothing, so the barrier for entry is low. Naga Markets is a relatively new platform based in Germany. They are regulated by CySEC and have a cross-border CySEC license, so you know everything is above board. Profile page tells a lot — it summarizes your trading statistics, shows the win-rate percentage, number of auto-copiers and any performance indicators in the Stats tab. Provide an alert if a margin call occurred and even allows you to download a spreadsheet of all the simulated trades. ZuluTrade is free to join, as you just need to pay the spread on trades.

With Social Trader Tools you can offer your own trading account out to other users as a signal via a signal page. LCX Terminal cryptocurrency trading software can be used by both professional and institutional investors. The LCX Terminal connects to major exchanges and combines them into a single trading desk.

Other fees at social trading platforms

This allows you to interface with multiple liquidity pool to minimize spread and slippage. It can be used as a professional portfolio management tool. Watchlists and trading views can easily be customized. Positions and assets can also be accessed from different exchanges in real-time.

All you would need is the MetaTrader accountof the investor, and you could sign them up onto the trade copier. You wouldn’t even have to see their accounts again, once it’s setup in the cloud all of the work is being done automatically and you just keep trading as you normally did. Copy Trading is a software application that enables individuals in the financial markets automatically to copy positions opened and managed by another selected really.

Does the free program include joining the community?

All of our exclusive tools are accessible from your client area, one dashboard to have them all. It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit. Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors . EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

• Social trader tools logs into your MT4 accounts, so you only need to login to and place trades on the main account that you’re copying from.
• Used it for a month with only two accounts , then I upgraded the plan and added one more account BAD MISTAKE!
• Benefit from the experience of Opo Top Traders by following them and copying their trades through Opo Social Trade platform.
• Once the trader has connected accounts to their platform, they set up trading.
• The service is ideal for novice or small-time traders as there is no minimum deposit amount to open an account.
• Selecting the best copy trading platform is not as easy as you may think.
• For refunds please email to () and withdrawals take up to 1 business day.

Copy trading allows you to automatically copy the actions of other traders. You can find the right traders and copy their trades in a click. Dealerify is a professional platform that allows you to trade, copy trade and auto-trade. This platform offers many valuable services that can be helpful for all levels of trading. Dealerify wants to make trading cryptocurrency easy and profitable for everyone. The Dealerify team has years of trading and training experience that has helped to identify the areas for improvement.

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It allows users to copy trades done by successful traders on their platform. The goal of this is to minimize risk while following trends set by other trusted traders. Mirror trading is mirroring the trading of a particular strategy. In these trading methods, companies combine their top traders’ strategies to produce reliable and accurate signals for their consumers.

You can sell signals, send email alerts, push events, share accounts and even give traders the opportunity to copy your trades directly. In short, Social Trader Tools is a great platform for traders looking to utilise a trade copier and have all of their accounts in one place. Although it’s more pricey than alternatives like MT4 Copier, socialtrader tools it’ll save a lot of time seeing as it’s cloud based and you’re setup in about 5 minutes. This really is a great tool for fund managers and traders looking to take on more trading accounts. If you’re a profitable forex trader, you could sell your trades to investors to make a small extra profit per trade, or on a subscription basis.

Web based copy service | Forex Factory

CopyFX allows you to simplify the trading process, better manage your risks, and share your trading knowledge for additional profit. You want to make money in the Forex market but don’t want to learn too much about financial operations or trade alone. CopyFX allows you to collaborate with traders who are experts in copying orders to your account.

This is great to traders looking to take on additional funds. The Social Trading platform offers 4 types of transaction copy. The Trader copier selects the type and sets the copy settings when your account is linked to the Trader account.

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News Feed is a space for traders and investors of different experience levels worldwide to come together and talk markets! Get exclusive market insights, share your trading success and engage with other traders by liking, commenting and sharing posts. This is one of the best copy trading platform, which helps you filter brokers based on minimum Deposit to start forex trading, mobile support, etc. ZuluTrade also allows login via Facebook, convenient for those who regularly log in to check their account.

Otherwise you can use pending orders with predefined entry price, with Duplikium you can copy them directly on the slave account. And trade looks to be copied faster, they claim 3-5 ms instead of 50ms for Social Trader Tools. These are all the features that I would expect from a service of this nature, so it’s good to see that they are all included.

It’s a good place to start since you can’t lose too much money, but you will also not be able to make large returns. Markets are made up of a complex network of interconnected systems. You’re never going to be able https://xcritical.com/ to understand each one of them, but you can learn how to read spreads and understand market sentiments. Depending on where the trading platform is listed, it will be governed by different regulatory bodies.

Copy Trading is a software application that enables individuals in the financial markets to automatically copy positions opened and managed by another selected expert trader. This method allows traders to copy specific strategies with the desired leverage. You could invest lower or higher than the suggested allocation recommended by the strategy owner. The services offered by this company is very unique and quite interesting. We found the information presentation quite professional and encouraging.

Why Use Social Trader Tools?

I used them twice so far and I should have learned from the bad experience which I had in the first place…. Awful Awful, Lost a lot of money with these incompetent money grabbers.Go for the traditional copiers that uses VPN.