- Features at a glance
- Social Trader Tools
- Social Trader Tools Features
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- A platform for Traders
- TRADERSEED REVIEW – My Unbiased Opinion About Traderseed Prop Firm
- Social Trader Tools Product Features
Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website.
All you would need is the MetaTrader accountof the investor, and you could sign them up onto the trade copier. You wouldn’t even have to see their accounts again, once it’s setup in the cloud all of the work is being done automatically and you just keep trading as you normally did. This can be a great way for traders to earn additional profits but it’s important to look at regulations of trading investors capital – to avoid this, I’d recommend using a prop firm.
You would still only be having to open, manage and close positions on your personal trading account. Through a signal page, you can utilize Social Trader Tools to offer your own trading account as a signal to other users. You are never in competition with other signals on the platform because signal pages are publicly available urls with a long random code, making it impossible for anyone to predict.
Although it’s more pricey than alternatives like MT4 Copier, it’ll save a lot of time seeing as it’s cloud based and you’re setup in about 5 minutes. This really is a great tool for fund managers and traders looking to take on more trading accounts. If you’re a profitable forex trader, you could sell your trades to investors to make a small extra profit per trade, or on a subscription basis.
We are a new cloud-based automated trading platform that enables non-emotional algorithmic decisions. For cryptocurrency investors who must monitor their positions 24/7 in a highly volatile environment. If you are a trading expert, register as a partner, and let’s grow business together! Social Trader Tools is by far the most advanced & simple-to-use software that is out today for traders. 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.
Social Trader Tools platform is completely cloud hosted with a web portal to login. This means that you don’t need to download multiple MT4 copies, install anything local and can monitor the accounts from anywhere with internet connection. The majority of the trade copiers on our Top Forex Trade Copierslist require a ForexVPSto run properly – so it’s nice not having to worry about setting anything up. As you can see from the video above, setting the trade copier up is extremely quick and simple. The dashboard allows you to add pretty much unlimited MT4 accounts, regardless of which broker you’re using.
Features at a glance
Customer service simply said they are not responsible for any losses tho they clearly admitted it was their system that was facing issues. It is also very very difficult to even connect a simple account to the system. Definitely do not recommend, money just thrown into trash tbh. Social Trader Tools is a web based platform for anyone that uses MT4.
Free access – Pretty simple, no cost involved to follow the signal. TD Ameritrade is not affiliated with IdealSignals LLC and does not endorse or recommend any information provided by IdealSignals LLC. New users are given a 14 day free https://xcritical.com/ trial to fully experience Social.Trade’s platform. Get real-time visibility into every trade and trader, with a neat dashboard. Browse the catalog of strategies, find one you like, setup a trade template, and receive trade alerts.
Social Trader Tools
In fact, besides potentially the MT4 Copier, I think the features and stability of the trade copier makes it one of the best in the industry, without a doubt. 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.
- This isn’t a feature that any of the other leading trade copiersoffer, so I would certainly take advantage of this soon if this business model would be of interest to you.
- It’s worth knowing that if you need more than 20 accounts on your trade copier, more packages are available.
- Social Trader Tools allows you to manage an unlimited amount of MT4/MT5 accounts from any MT4/MT5 broker, all from one platform.
- Social Trader Tools platform is completely cloud hosted with a web portal to login.
Pricing wise, Social Trader Tools is going to set most traders back around $60, to copy trades onto 5 accounts at once. Traders with smaller operations could get away with the standard $20 per month package which will cover you for 2 accounts. 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.
Social Trader Tools Features
The past performance of any trading system or methodology is not necessarily indicative of future results. We make it easy to find social trader tools traders who provide real, actionable trades. Connect your existing brokerage account and follow their trades with just two taps.
The Dashboard; The Dashboard gives you a real time picture of your accounts all in one place, avoiding the need to cycle between different terminals to manage your portfolio. Risk Multiplier by Equity – Proportional lot size based the equity of both accounts. Risk Multiplier by Balance – Proportional lot size based the balance of both accounts. 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.
This then caused me to fail my challenge as these 12 seconds resulted in me exceeding my max daily drawdown because the price of course continue to move… Comparebrokers.co needs to review the security of your connection before proceeding. You can choose from various style options and add your brands logo.
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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. You start a $200,000 FTMO challenge accountand add it to the copier, as well as a LuxTradingFirmchallenge too. 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.
If you have any experience with this platform please do drop a comment down below – I’d love to hear your experiences.
Pickup the conversation from Discord and gain the ability to really follow your favorite trader. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Sometimes it loses connection to the server and it could be irritating when that happens, but so far it happens very rarely.
A platform for Traders
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Social Trader Toolsis a platform built for forex traders looking to copy trades from one account, to multiple others, automatically. The trade copieris the most popular feature within Social Trader Tools platform. By having a trade copier at your disposal, you’re able to spread risk different across multiple accounts leading to potentially much better diversification and results. For example, the majority of forex traders are going to use 1% risk per trade, potentially moving up to 2%. You could keep your main account on 1% risk, then have copier accounts running 5-10% risk, on much lower capital.
Usually, companies will have a huge amount of reviews on Trustpilotand ForexPeaceArmy, which is where we usually take a look. This isn’t a feature that any of the other leading trade copiersoffer, so I would certainly take advantage of this soon if this business model would be of interest to you. 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.
Copy traders, manage all your exchange accounts, use market-making and exchange/market arbitrage and simulate or backtest your trading. Fast automated trading, and portfolio management for Bitcoin, Ethereum, Litecoin, and 100+ other cryptocurrencies on the world’s top crypto exchanges. Social Trader Tools has no reviews on either platforms, which is rare and almost slightly worrying. With that being said, they do have a range of testimonials on their own website from traders and fund managers having a lot of success with the platforms offering.
You add a $50,000 instant funding account from DT4X Trader, to the copier. You can add your brand’s logo and select from a variety of style alternatives. The brokers that can be utilized on your Whitelabel can also be limited, and you can even include a broker affiliate link to direct users to the broker of your choice.