#forex #socialtrading #trader
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Video key moments:
00:00 - Start
00:11 - What is social trading?
00:50 - What are the opportunity of the social trading platforms?
01:16 - How the cooperation works
ABOUT VIDEO:
Today we will consider WHAT IS SOCIAL TRADING!
The SOCIAL TRADING PLATFORMS follow the principles of social media: communication, exchange of knowledge, mutual help, and partnership.
AUTOMATIC TRADING systems are used as an add-in to the social trading platforms on Forex. They enable the members of the community to earn money jointly.
Novice traders without knowledge and experience have an opportunity to subscribe to the signals of PROFESSIONAL TRADERS and copy their trades either manually or automatically. In exchange, expert traders gain a high social status in the community, and as a rule some commission from the return.
The value of SOCIAL TRADING PLATFORMS on Forex is extremely high for the beginners. They have an opportunity to:
• Earn money while making the first steps in the market
• Study the strategies of the top professionals
• Communicate and exchange experience, all in one place
A large part of the community members use the platform purely as a source of additional passive income.
Noteworthy, it doesn’t require a big capital to start working in the majority of Forex SOCIAL TRADING PLATFORMS.
Let’s take a look at HOW THE COOPERATING WORKS:
A SOCIAL TRADING PLATFORM
Is a professional network that serves as a link between the beginners and expert traders in trading, a place for communication and information exchange. Often, it strongly resembles a traditional social network on the outside with features like posting information, commenting, liking posts, exchanging messages.
PROFESSIONAL TRADERS
Act as signal suppliers. They trade on their account, allowing the novice traders to copy their trades.
INVESTOR AND NOVICE TRADERS
Are the main users of the platforms. They have an opportunity to copy the trades of
professionals, communicate and copy signals of expert traders at the established ratio on their own account.
BROKER
Ensures order execution, access to instruments for copying. The benefit for the broker is the increase of trading activity and attraction of new customers.
SOCIAL TRADING PLATFORM PROVIDER
is a supplier of social trading software, a platform that allows to unite customers of different brokers in one place
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