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SOCIAL TRADER TOOL All You Need To Know About Social Trader Tools

8 October 2021 FinTech

However, if you would like a reduced fee access to our Pro features you can do so by using our trusted partnered broker. Get direct areas of interest and analysis sent straight to your mobile device. This comes in written and video format and includes socialtrader tools a 15 minute+ evening video update covering live positions, areas of interest and trade management. Discuss, analyse and chat about everything trading related. You add a $50,000 instant funding account from MyForexFunds, to the copier.

The Signal Provider feature comes with a built-in signal page. This page can be used to show your trading performance, or you can enable other users to follow and copy your strategies paid or for free. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

  • You could keep your main account on 1% risk, then have copier accounts running 5-10% risk, on much lower capital.
  • Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBrokerReport.com, nor shall it bias our reviews.
  • Manual error is one of the largest causes of loses with forex traders, mostly in the retail sector.
  • Traders running signal services or managing investors funds are more likely going to need the premium package, which covers 20 accounts for $220.
  • This price is very competitive, with some of our most valuable automated trading software brokers listed.
  • Securities and Exchange Commission or with any state securities regulatory authority.

Currently, the Social Trader Tool only work with the MT4 and MT5 platforms. All major credit cards and PayPal are accepted for payment of the plans, which are based on a monthly subscription. According to the company website, you can cancel your subscription at any point, but you won’t be refunded the remaining amount of your subscription. First of all, if you are a beginner trader or an investor with limited knowledge and experience, SocialTrader Tools is probably not for you. Communicated with them several times already through email, and they answered you in short, cold sentences as if we were in a WhatsApp/iMessage conversation. I used them twice so far and I should have learned from the bad experience which I had in the first place….

Why Use Social Trader Tools?

Tradesmen with small businesses can use the basic $20 / month package for two separate accounts. For copy traders with automated trading firms, signal groups, or even brokers, you may customize the platform and begin placing others up on the platform for a price. The platform Social Trader Tools, which is used for reverse copying, risk management, and trade copying, will be discussed in this article. Before signing up, we’ll review the benefits, drawbacks, and everything else you should know.

Social Trader Tools is by far the most advanced & simple-to-use software that is out today for traders. Signal pages are publicly viewable urls with a long random code, so it can not be guessed, so you are never competing with other signals on the platform. They can be simply used to showcase your trading results or you can define terms by which users can follow your signals either paid or for free. Simply upload your account credentials to the platform and your accounts will be hosted securely in the cloud 24/7. Once you have accounts added you can utilise the platform in many ways.

socialtrader tools

You may use the platform in various ways once you’ve added accounts. Performance fee – A monthly fee based on a percentage of profit achieved following the signal, on a high watermark basis. Real time Email alert;Trading a 24 hour market necessitates that you keep track of your exposure and activities. By checking a box, Social Trader Tools allows you to set up real-time email alerts for any trading activity. Your accounts will be hosted securely in the cloud 24/7 by just uploading your login information to the platform. Once you’ve added accounts, there are a variety of ways you can use the site.

Features at a glance

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms. Once you understand the basics, it will make sense to start social trading. Find a suitable platform, seek trading advice and look up trading strategies and tips. Then, you can use this data to create and perform a custom trade or replicate the trade directly.

socialtrader tools

When you enrol on a The Social Traders programme you get full access to our expert team, an interactive and user-friendly dashboard plus an extensive vault of premium content, available on-demand. You can choose from various style options and add your brands logo. You can also restrict what brokers can be used on your Whitelabel and even add a broker affiliate link to funnel users to your preferred broker. Broker Restricted;Even though Social Trader Tools are compatible with any MT4/MT5 broker, you can limit which broker servers your white label clients can use. Free access – Pretty simple, no cost involved to follow the signal.

A Pathway To 7 Figure Trading

Even though it is more expensive than alternatives such as MT4 Copier, because it’s cloud-based, you’ll save time and be up and running in about 5 minutes. Social trader tools for fund managers and copy traders looking to take on more trading accounts. Social Trader Toolsis a platform built for forex traders looking to copy trades from one account, to multiple others, automatically. With trade copiers at your disposal, you can spread risk across multiple accounts, potentially resulting in much better diversification and results. For example, most forex traders will use a 1% risk per trade, possibly increasing to 2%.

socialtrader tools

Traders running signal services or managing investors funds are more likely going to need the premium package, which covers 20 accounts for $220. It’s worth knowing that if you need more than 20 accounts on your trade copier, more packages are available. As you can see from the video above, setting the trade copier up is extremely quick and simple. You may register your account to become a signals provider, which would get you your URL/landing page. If your trading account outcomes are satisfactory, investors will be able to see them and join their accounts to track your transactions. You will never compete with other signal suppliers because no dashboard compares all providers; instead, you will have a landing page that displays your numbers.

What Is Social Trader Tools?

Lost money because the Trade Copier can’t even copy correctly 😂 no apologies from the support, very bad. TradeStation is not affiliated with IdealSignals LLC and does not endorse or recommend any information provided by IdealSignals LLC. Tradier is not affiliated with IdealSignals LLC and does not endorse or recommend any information provided by IdealSignals LLC. Interactive Brokers is not affiliated with IdealSignals LLC and does not endorse or recommend any information provided by IdealSignals LLC. We cannot and will not hide the fact that trading naturally comes with risks, we are risk takers.

Claim your profile to access Trustpilot’s free business tools and connect with customers. Many trades are not copied to other members from Master account, upgrade of account is not working. All material presented within this website is not to be regarded as investment advice, but for general informational and educational purposes only.

socialtrader tools

The risk is minimal if you want the best results using real money. Are you running a trading membership group or offer signal service? With social Trader tool, you can whitelabel their platform and provide signals to your own audience if you are trying to launch a trading business or already have an established brand. You can set up whitelabels with a signal leader board to create your own own signal site.

About Social Trader Tools.

Our trade copier is the fastest on the market and has a maximum replication time of 50 ms. Once connected to the system, you can set up trade copiers. Trading copiers have highly configurable risk profiles covering several scenarios. As the forex prop firm industry has grown, so has the amount of prop firms offering funding for traders. With forex brokers reducing leverage and the industry getting more regulated, trading your…

The Social Traders is a tight knit forex trading community, we run 24/7 and welcome all traders from all backgrounds. Social Trader Tools allows you to manage an unlimited amount of MT4/MT5 accounts from any MT4/MT5 broker, all from one platform. Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Killer Combination Pattern Play & SMC Strategy Training

If you are copying your trades from your accounts, Myforexfunds Allow Copy Trading. You may include Social Trader Tools in your foreign exchange trading setup for various reasons. These factors can pique your curiosity, as I find a trade copier with many uses and benefits. The copier is among the best on the market, ranking better than most of the Top Forex Trade Copiers. The features and stability of the trade copier make it one of the finest in the business.

Acorn 2 Oak team of experts are constantly looking for products and services that answer high-quality criteria. Here at Acorn2oak, you will be able to check out the review that you wanted below, but we also carry out reviews on various other copy trading providers that you can read and compare. No content locks, gain full access to all current and upcoming PRO content to master the FX markets with a true understanding of technicals, mindset and psychology. The Social Traders is a partner of prop firm FTMO and Funding Talent. Subsequently this means you can learn how to trade with us and get funded with a live account. If you are looking to start a trading business or have an existing brand, you can whitelabel our platform and offer out signals to your own audience.

You add a $50,000 instant funding account from DT4X Trader, to the copier. The Social Trading software provides an easy-to-use way to extend MetaTrader 4, 5, or 8 trading strategies. Mirror trading is similar to copy trading, but there are slight differences.

How do you start social trading?

You could keep your primary account at 1% risk and have copier accounts at 5-10% risk with much lower capital. Pexels.comHosting on cloud 24/7 – without the inconveniences of a VPS, offering you the freedom to copy trades across multiple own trading accounts. The social trading platform provides unlimited MT4 account management from any MT4 Broker, all within one platform. https://xcritical.com/ enables MT4 and MT5 Hedging account owners to manage in one place several accounts, copy trades from other users or benefit as signal providers.

This is predominately due to the option for multiple account sign-in. Additionally, you need to have an open brokerage account under the MT4 platform to join. Social Trader Tools is a web based platform for anyone that uses MT4/5. Social Trader Tools is a web based platform for anyone that uses MT4. All of the juicy details about Social Trader Tools are defaulted by the not so good reviews provided by traders who have traded first-hand with them. You may need to consider other trade copiers to make an objective decision.

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