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Retain complete control over your trading account. Set your Rescue Level, withdraw funds at your discretion, and automatically copy trades for a diversified portfolio.
Enjoy the ease of monitoring trades at your convenience. You can use Volume Allocation to determine what percentage of the Strategy Provider’s trades you wish copy.
Effortlessly follow multiple Strategy Providers, adopting various trading styles without the need to develop your own strategy.
Some Brokers use A.I., Avatars, Algorithms or Bots as their social traders whilst others might use actual traders. This is something you should verify with your Broker before you start following social trading.
As the trader using social trading, you have limited control over your trading, however, a proper socal trading platform should allow you to adjust your risk levels in terms of stoplosses and capital allocation.
Yes, although some social traders don’t always apply proper risk management.
It depends on you, if you are new at online tradig you could consider social trading, but is it still imperative to educated yourself first. seasoned Traders mostly consider manual online trading.
It depends on the social trading strategist you follow. You can realistically expect the same type of returns that manual trading can potentially generate of up to 15% per month.
No. Social trading is only applicable to live, funded online trading accounts.
Once your online trading profile is verified and you have a funded account, you can explore whether the broker offers social trading platforms.
Yes, social trading strategists are allowed to charge fees. That is why it is so improtant to always familiarise yourself with the respective costs, including commission structures, before you start following them.
Yes, it only depends on your account balance and margin allocation.
You will need a computer and or smart phone connected to the internet and data.
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