Copy Trading

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Copy Trading

Social trading is one of the fastest-growing trends in forex trading. New social trading networks are entering the forex market and new platforms with social elements are being developed and pushed out with rapid speed. Copy trading is the most successful aspect of all the new social trading techniques.

Reviews of recommended Forex Brokers >> Forex Brokers to avoid >>

Safest Forex Brokers 2022

Broker	Features	Min Deposit	EURUSD Spread
Your capital is at risk US Clients: No Regulated : Yes	Low-cost trading Excellent research and analysis Great trading experience	10€ / $ / £ (depends on account type and region)	1.2 pips	Sign Up Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Open Demo Account Read BDSwiss Review
Your capital is at risk US Clients: No Regulated : Yes	– 40% New Member Bonus – MIFID, ASIC, FSA & FSCA regulated – Free Online Trading Coach	$100	Fixed	Sign Up Europe* CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Open Demo Account Read AvaTrade Review
75% of clients lose money. Capital at risk US Clients: No Regulated : Yes	– FCA, NFA, CFTC, IIRO, FSA, CIMA, MAS, SFC Regulated. – Award winning platform. – Beginner Friendly. – Well established, safe and trusted.	£100	Varied	Sign Up Open Demo Account Read City Index Review
Between 74-89 % of retail investor accounts lose money when trading CFDs US Clients: No Regulated : Yes	– FCA, CySEC, DFSA, BaFIN, SCB, CMA & ASIC Authorized and Regulated – 24 Hour Support – Negative Balance Protection	$200	NDD 0.09 / Standard 0.69	Sign Up Between 74-89 % of retail investor accounts lose money when trading CFDs Open Demo Account Read Pepperstone Review

So what does it mean that a platform is social? Well, obviously it differs between different platforms but there are a few different traits that are common. The ability to interact socially is obviously one trait, several brokers offer the possibility to interact between traders. Another trait, and quite possibly the most interesting trait is the ability to see, follow and in the end copy trades of the most profitable traders on the platform. The ability to see and copy trades of more experienced traders is an effective way for newbie traders to learn the trading profession quicker than by traditional learning by reading articles and trying it out by themselves. It is also easier to see trends and learn effective trading strategies by following profitable traders. Copy trading has come to stay.

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