Social copy trading or social trading, is a way to program your trading while copying other traders or sharing trading strategies. It is frequently used by beginners that have little experience on trading, as it does not require knowledge about financial markets. For experienced traders, it can also be very helpful as all trades are automated, which will require them to spend little time in front of a screen.
Social Trading is something as simple as copying the trading strategy (Copy Trading) that another investor is doing. There are advantages on both sides depending on the objective we have to make use of one of these platforms:
- Investors: Allows you to invest in financial markets and make profits from copying operations and strategies of experienced traders without having to spend time on it.
- Traders: It allows you to obtain profits generated not only from your own trades, but also from the profits that we generate for our investors and the rewards that they can obtain from the platform for getting new copiers. It is a way to retain talent, if you are a good trader and make money, there will be more people willing to follow you, and that means more income for the Broker.
With social trading you can open and close positions in the financial markets, including CFDs, on Forex, Stocks, Indices, Commodities and Crypto currencies.
BECOME MORE CONFIDENT AND MAKE THE MOST OUT OF YOUR TRADING
An innovative service used by beginners and experienced traders. Social trading is a professional platform for earning in the financial markets. Beginners can copy more professional traders, and professionals allow to copy their trades to get an additional income. Increase your benefits with social trading!
SHARE THE EXPERIENCE AND WIN TOGETHER
Follow your favorite traders and start learning
If you want to become a trader but you don’t know where to begin, you can start following professional traders by paying a percentage if they make profits. Become a registered follower by selecting successful traders and choose the option to copy their trades.
The only thing we have to do is to find talented traders and check the different parameters of their strategy: accumulated result, profit & loss streaks, assumed risk, time that the operations last, assets in which they invest, etc.This is the great thing about the social network of trading, we can see what other investors are doing, with their permission!
How many times have you wondered what a good trader would do, would he open a long position in this support? Or on the contrary, would he wait for it to break to go short?Now you can see it live, and with all this information, what would you do? You can make a smart decision and use all of this information to your own benefit.
With all this data, you can follow the best traders, and win when they do.
Once you have followed good traders, you simply have to copy their strategies! Decide how much money you want totrade, sit back, and watch how the system evolves. All this can be done fully automated. You can also do it manually, but that requires you to be on your toes at all times. That’s the great thing about Social Trading, you can copy any trader without having to wait for a signal to arrive.
You can allocate capital to a trader, and let your money work automatically, without thinking about where in the world the trader you are copying is, or when he will start trading, or what the size of the trade will be.
Join by opening a live account, select the top ranked traders and benefit from their profits!
How does it work?
- Traders Join MultiBank Group, open a live account and share their trading strategy.
- MultiBank Group ranks Tradersbased on trading performance
- Copy traders select the best traders to copy, based on their capital and risk appetite.
The advantages of copy trading are many if we know how to make the right decision of the trader that we are going to copy his trading signals and a good programming of the capital to invest with it:
- It does not require experience or investment knowledge
- It allows beginner traders to familiarise themselves with the financial markets.
- It does not require dedication or time
- The investment is protected by the platform
- You do not lose the total invested capital, but only the percentage you decide to invest or risk.
- Your invested capital is protected by a regulated broker
- You always have full control and management over your trades.
- High profits can be made in a short period of time
- Opening an account is completely free
What is the cost of copying copy trading operations?
The cost of copying trading operations depends on the platform. Generally, it is divided as follows:
- A percentage % of the profit goes to the trader who copies (usually 20%).
- In case of loss of the trade, the trader gets nothing.
- At the end of the month, a balance of the trades is made.
- In case of profit in one month, the percentage of loss of the previous month is deducted if the previous month was negative.
- The result is that the cost of copying the trades is a percentage % of the profits generated.
Let others follow your success
If you consider yourself as being an experienced trader, you can get an additional income money by having followers.
You will be rewarded from getting followers. It’s simple, if you are a good trader and you make money, there will be more people willing to follow you.
Besides your own trading profits, you can receive a commission from your follower’s accounts so they can benefit from your trading strategies. Register with us, become a signal provider, and share your experience with your followers!
INVESTING MADE EASY WITH SOCIAL TRADING!
We offer a wide variety of financial products to trade from, whether you copy trade or trade manually, we support all asset classes.