Online trading can be difficult and hard to master. You need a lot of experience and knowledge. Professional traders are available on Social Trading platforms. Social Trading is the solution for retail investors who want to earn money with online trading. With just 2 clicks you can follow a successful trader and copy her trades. The trading platform shows you all the information which you need to make investment decisions.
There are a lot of different Social Trading platforms. However, unfortunately most of these platforms are unregulated. This leaves a gap for heartless players.
Another new trend in investment is Copy Trading which enables individuals to automatically copy positions opened and managed by another selected individual. The copying trader usually retains the ability to disconnect copied trades and manage them themselves. They can also close the copy relationship altogether, which closes all copied positions at the current market price. Copied investors, who are called leaders or signal providers, are often compensated by flat monthly subscription fees on the part of a trader.
Various financial trading operators offer copy trading capabilities as part of a larger social trading platform. Social trading usually includes the ability to connect with other investors using the platform in social ways (comments, likes, link sharing etc.) as well as find potential copy trading candidates by viewing investors’ performance statistics.