Social Trading Explained: Strategies to Maximizing Returns DTTW

Titan FX Social is a platform that allows anyone to interact with traders from around the world, as well as easily copy the signals of famous traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Becoming a top trader is a challenging road that requires excellent trading experience and the right tools. Yes, you can provide your own server that meets technical requirements and we will make a setup there. We will point all alerts from monitoring system to devices of your server administrators.

An offshoot of social networking, social trading has created a different way to test financial information. In the past, investors would focus either on fundamental analysis​ or technical analysis​. With social trading, however, traders can share information about the current market environment and offer insight into future market movements, thus driving trading decisions. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Social Trading creates a community of traders, from beginners to seasoned veterans, who collaborate and learn from each other to trade better. With social trading, one can garner ideas from many social trading networks. Copy trading, on the other hand, involves solely copying the trades of another investor. The goal of copy trading is for the trader to have the same positions as the investor they are copying.

Become a Strategy Provider

Social trading is a strong selling point for any brokerage and traders now expect to see well designed social trading platforms and social trading tools. Even complete newcomers to forex are quickly impressed by the idea that they can copy other traders. Like any trading activity, there are risks involved in social trading a market. Individuals should feel comfortable that the risks are in line with their individual tolerance levels. Some social trading platforms provide a search criteria so traders can customise their social trading experience. Traders should test drive their trading for a while first before they start copying other investors.

socialtrader tools

A well presented social trading platform that gets positive user reviews can give an online brokerage a ‘human face’ that inspires trust and generates enthusiasm. In the last five years, social trading has grown from being a niche trading activity, offered by a small number of online forex brokers, to a popular mainstream trading feature. We’ll take a look in this blog post at how social trading works, why it is a powerful conversion tool for affiliate partners, and how to promote a social trading platform effectively. Social trading is generally performed on social trading platforms.

Trading, your way.

MetaTrader 4 vs. MetaTrader 5 Understand the differences between MT4 and MT5, as well as their features and benefits.What is Social Trading? Benefit from the insights of the tixee community and copy the strategies of experienced traders.Benefits of Forex Trading Learn more about the benefits of forex trading in this short, informative read. The dashboard allows you to add pretty much unlimited MT4 accounts, regardless of which broker you’re using. Having all of your accounts/investor accounts compiled in one dashboard is so useful for money managers or traders scaling up their operations. This is even going to be useful for traders with multiple prop firm funded accounts, to have them all in one place.

While Duplikium try to ensure that all of the information provided on this website is kept up-to-date and accurate, we accept no responsibility for any use made of the information provided. You agree not to hold Duplikium liable for decisions and trades that are based on information from this website. Duplikium cannot be held responsible for the software, broker or other issues that result in the failure to execute a trade command. It is inherent upon you, the client, to make sure you are aware of when trades have been taken, adjusted or closed. YouTube – Our company, DTTW™, hosts the TraderTV, where our traders offer educational and live trading content.

Is this your company?

Leaders recommend trades – they must show a track record and describe their trading techniques. Some social trading networks have millions of followers and provide many social trading tools. Some social trading platforms provide a risk score, along with leader track records. A risk score like the Sharpe ratio shows the average return, divided by the standard deviation of the returns. The trade copieris the most popular feature within Social Trader Tools platform. Social trading can be a powerful conversion tool for forex and broker affiliate partners.

Social trading can span the foreign exchange markets, as well as stock and commodity markets. Manual error is one of the largest causes of loses with forex traders, mostly in the retail sector. By completely automating the copier accounts, presenting the risk measures and account management features, you completely remove the chance of human error taking place on the copier accounts. Let alone the fact that having the process fully automated is going to save you a huge amount of time everyday – especially if you have 4 or 5 accounts on the go at once. Money management with experienced traders can sometimes attract administration fees or performance fees.

Traders who focus on other CFD assets like stocks, bonds, cryptos, ETFs, commodities, options and indices also like to use the social trading platform. They can copy trades and communicate with other traders in exactly the same way. Social trading is now a part of trader expectations and even people who aren’t generally interested in social media can see the benefits. There are two key requirements if you want to promote social trading profitably as an affiliate.. The first is to join a top quality CFD partner program run by a regulated broker with a leading social trading platform. The second requirement is to promote social trading as an attractive additional option for traders.

What is a Copy Trading Platform?

For instance, traders who want to place lots of short-term trades should find a trader that has this type of historical track record. If they are interested in trades that are held for multiple days, weeks or months, they should focus on traders who have transacted trades in this fashion. Create a live account to access this exclusive feature of our platform. It can be used as a forex trading forum, stock trading forum, or for any other financial market that you are interested in trading. Our liquidity is best combined with the leading industry trading platforms to provide the ultimate in performance and user satisfaction. Risk limit stars closing positions in aprx 1 minute after reaching of signal level of equity.

socialtrader tools

Social trading providers often charge fixed fees or slightly wider trading spread. The best way to promote a social trading platform depends entirely on what kind of affiliate partner you are. If you have websites and a strong online presence, it’s worth building social media campaigns that target potential leads who are already active on social media. Make sure that you get the links out there, with good quality marketing materials that show the actual social trading tools available on the platform. Potentially reduce the risk of loss by copying successful traders.

If the average return is 20% and the standard deviation of the returns is 50%, the Sharpe ratio is 0.4. No, currently the platform works only with MetaTrader 4/5 servers and socialtrader tools doesn’t support other platforms and has no integrations with crypto-exchanges. We have a plan in our long-term roadmap to integrate the platform with B2Margin and DxTrade.

Social Trader Tools Reviews

Now we know what the platform actually is, let’s take a look at the features in a bit of depth. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Although I am trading on the higher time frames that does not require me being too precise, using this tool saves me a lot of time.

  • A common question is on the type of assets that are available to trade.
  • Based out of Auckland, New Zealand, we bring an institutional trading experience to the retail market.
  • It’s simple – all the trader needs to do is set the percentage to equity at the beginning of the day.
  • However, in our investment platform you can create a master account for the leaderboard and make it a slave to any other client privately in the admin panel.
  • This then caused me to fail my challenge as these 12 seconds resulted in me exceeding my max daily drawdown because the price of course continue to move…

Additionally, the trader you copy from should use the strategy which you have knowledge on. The purpose of doing this research is to make your own decision before following another trader. In the financial market, before you decide to do anything, it is important for you to conduct personal research and come up with a solid conclusion.

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The PAMM-master account is combined from several investment accounts, which is why when you deposit money on a PAMM investment account, the same amount will be deposited to the PAMM Master. In MAM and Copy investment accounts are separated from master accounts. With our platform, your clients can set a risk limit for their investments and feel safe and calm. A less stressful experience will earn the trust of your clients.

While has some data verified, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers in the term of commission. Our receipt of such compensation shall not be construed as an endorsement or recommendation by, nor shall it bias our reviews. 1st time I used them I already noticed that their system is really slow. You can choose from various style options and add your brands logo.


Please be careful with promises to your clients about speed of work and notify them that the slippage is possible and real losses can exceed a risk limit they set. Have your trading community follow you, have them smoothly onboarded and ready to copy your trading strategies on the Social Trader with ease. They register on the Social Trader platform in a few clicks & can instantly replicate your trading activity on their account. If you are new at trading, not only can you copy trades, but you can also learn. You can see the trading strategy of the provider you copy reflected on your account.

Social trading platforms often provide a chart forum and social news feed. Members are constantly providing information about a specific subject. Traders can post their trading ideas as well as information to back up their thesis.