Social Trading Plattform – Binare Optionen 2020

Beste Broker fur Binare Optionen 2020:
  • Binarium
    Binarium

    Der beste Broker fur binare Optionen fur 2020!
    Ideal fur Anfanger!
    Kostenloser Unterricht!

  • FinMax
    FinMax

    2 Platz in der Rangliste! Zuverlassiger Broker!

Contents

Top 10 Best Social Trading Networks 2020 review

A re you looking for the best Social Trading network? Don’t you know which one to choose among the various possibilities?

(Or maybe you want to better understand What is Social Trading and how it works?)

There are many Social Trading sites out there, and the number continues to increase.

Here’s our TOP 10 of the best Social Trading platforms and Copy Trading platforms, with a little review in order to make you understand at a glance the main features of each one, plus some more insights for the most important ones.

There’s something to everyone’s liking.

(Want to take a look instead at some classic forex brokers? See our best forex broker ranking)

Plus, at the end of this post you will find all the free resource we have prepared to help you Social Trade like a real pro with all the Social Trading sites you’ll find just now in our Top10.

Let’s start. Here’s the InvestinGoal Top 10 Best Social Trading Networks in the world.

Top 10 best Social Trading Platforms and Networks

Here are our top 10 best Social Trading Platforms and Networks.

  • Regulations: CySec, FCA, ASIC
  • Minimum deposit: $200
  • Platforms: Proprietary
  • InvestinGoal rank: 4.5/5

62% of retail CFD accounts lose money

Beste Broker fur Binare Optionen 2020:
  • Binarium
    Binarium

    Der beste Broker fur binare Optionen fur 2020!
    Ideal fur Anfanger!
    Kostenloser Unterricht!

  • FinMax
    FinMax

    2 Platz in der Rangliste! Zuverlassiger Broker!

1. eToro

The social trading broker eToro maybe has not been the first to delve into this new field, but for sure it has been the company that more than anyone has given shape, awareness and visibility to what we now know as Social Trading.

Today eToro, founded and still run by Yoni Assia, is a truly global investor community, where users have the opportunity to interact with each other as they would with a social network like Facebook. Thanks to news feeds, users can monitor and manually copy their favourite traders. Alternatively, the most interesting eToro‘s feature is surely the Copy Trading one, to copy them automatically in proportion, managing exposures and risk. Another bonus? A completely free and unlimited demo account.

  • Regulations: eToro (Europe) Ltd. authorised & regulated by CySEC (# 109/10); Toro (UK) Ltd authorised & regulated by the FCA (583263); eToro AUS Capital Pty Ltd. authorised by ASIC (491139). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Minimum Deposit: Ranges between $200 to $10,000 depending on the region
  • Platforms: Webtrader, mobile (iOS and Android)
  • Headquarters: eToro (Europe) Ltd. is headquartered in Limassol, Cyprus
  • US Customers: Yes, but US clients may have significant limitations
  • Other instruments: CFDs on indices, stocks, ETFs, commodities, bonds; cryptocurrency
  • Read the full eToro Review

62% of retail CFD accounts lose money

  • Regulations: HCMC
  • Minimum deposit: depends on the broker
  • Platforms: Proprietary
  • InvestinGoal rank: 4.5/5

74-89% of retail CFD accounts lose money

2. ZuluTrade

Founded way back in 2007 by Leon Yohai, a well-known greek entrepreneur, ZuluTrade has always been at the forefront in this new sector, especially in Forex Social Trading. Recently it has also introduced the Binary Option Social Trading. Users have access to some social features to interact with Signal Providers, especially to read the comments left by other investors before them.

Where the social trading broker ZuluTrade however excels is in the Copy Trading function. You can search thousands of Signal Providers with a professional and advanced search tool, you can analyse in minute detail their strategy, and above all you can replicate their performance by totally customizing risk and money management. Not sure about it? Clarify your ideas with a free demo account.

  • Regulations: Triple A Experts Investment Services S.A. regulated by the HCMC (no. 2/540/17.2.2020). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Copy trading, social trading
  • Leverage: Leverage will depend on the broker you use
  • Minimum Deposit: Deposit will depend on the broker you use
  • Platforms: Web platform, apps (iPhone/iPad, Android)
  • Headquarters: Triple A Experts Investment Services S.A. is headquartered in Piraeus, Greece
  • US Customers: Yes
  • Other instruments: Instruments will depend on the broker you use
  • Read the full ZuluTrade Review

74-89% of retail CFD accounts lose money

  • Regulations: CySEC
  • Minimum deposit: $1
  • Platforms: Proprietary
  • InvestinGoal rank: 4/5

79.67% of retail CFD accounts lose money

3. Naga Trader (former SwipeStox)

Originally born as an App for smartphones only, SwipeStox, called the “Tinder of Trading”, soon became one of the main players in the Social Trading universe. In 2020, the leaders of the SwipeStox management team began a profound expansion and rebranding plan for all their services. SwipeStox became Naga Trader, one of the platforms of the Naga Group AG.

Naga Trader offers social networking, social trading, copy trading, as well as innovative investment services, such as the NAGA CYBO, or the NAGA Portfolios. The NAGA group is also extremely active in the universe of cryptocurrencies and blockchain, so much so that they even created their own crypto coin, the Naga Coin (NGC). NAGA Coin can even be used as the base currency of your account, with numerous economic advantages, especially at the trading level (lower commissions).

  • Regulations: NAGA Markets Ltd regulated & authorised by CySEC (204/13). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:200
  • Minimum Deposit: No
  • Platforms: MT4, web platform, mobile apps (iOS, Android)
  • Headquarters: NAGA Markets Ltd is headquartered in Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFDs on stocks, ETFs, indices, commodities, futures, cryptocurrency, gaming items
  • Read the full NAGA Trader Review

79.67% of retail CFD accounts lose money

  • Regulations: FCA
  • Minimum deposit: $500
  • Platforms: MT4/MT5 for desktop, iOS, Android
  • InvestinGoal rank: 4.0/5

77% of retail CFD accounts lose money

4. Darwinex

One of the newcomers in the global landscape of Social Trading, but interesting from the outset. Darwinex is a company founded by the Spanish Juan and Javier Colón Bolea, and Miguel Angel Gonzalez.

The newness that Darwinex introduced is the fact that the traders’ strategies are not shown, but are “hidden” within what is called a Darwin. In essence, the trader’s strategy becomes a real asset that the investor can buy and include in his portfolio. Then, the asset value increases due to earnings generated from the underlying strategy managed by the trader. The Darwins are continuously monitored by Darwinex itself, and the investor has access to sophisticated and automated risk control tools. Very interesting for those who feel themselves more as investors than traders.

  • Regulations: Tradeslide Trading Tech Limited authorised & regulated by the FCA (586466) (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: STP
  • Leverage: 1:200
  • Minimum Deposit: € 500 or $ 500
  • Platforms: MT4, MT5 (both available for Mac, Windows, Linux, iOs and Android)
  • Headquarters: Tradeslide Trading Tech Limited is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on stock, commodities, indices, cryptocurrency
  • Read the full Darwinex Review

77% of retail CFD accounts lose money

  • Regulations: no need, not a broker
  • Minimum deposit: depends on the broker
  • Platforms: MT4/5
  • InvestinGoal rank: 3.5/5

74-89% of retail CFD accounts lose money

5. FX Junction

FxJunction is a Social Trading platform where users can create their own profile and connect their MT4 or MT5 platforms. The primary focus of FxJuction is the traders’ community, a place where to share ideas and trading strategies.

In addition to this, FxJuction also offers a Copy Trading system through which to replicate the performance of the signal providers. FxJunction is not a broker but a cross-platform too, but its connection system is not through supported brokers, but through MT4/5. This means that you can keep your current broker, avoid having to open a new account, and simply connect your metatrader platform.

  • Regulations: FX Junction, LLC is not a broker, regulations are not required. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Copy trading, social trading
  • Leverage: Leverage will depend on the broker you use
  • Minimum Deposit: Deposit will depend on the broker you use
  • Platforms: MT4, MT5
  • Headquarters: FX Junction, LLC is headquartered in New York, USA
  • US Customers: Yes
  • Other instruments: Instruments will depend on the broker you use

74-89% of retail CFD accounts lose money

  • Regulations: no need, not a broker
  • Minimum deposit: depends on the broker
  • Platforms: almost all
  • InvestinGoal rank: 3.5/5

74-89% of retail CFD accounts lose money

6. Myfxbook Autotrade

Opened in 2020, Myfxbook soon became famous as one of the best communities for professional web trader. In Myfxbook traders can link all their trading accounts under a single personal profile, and keep track of all their trading statistics in a professional and organized manner.

Myfxbook also offers an Autotrading service, called Myfxbook Autotrade. Myfxbook is not a broker, but a cross-broker platform, this means that to use the autotrading service you will have to open a new account with one of the many supported brokers. Technically speaking, Myfxbook Autotrade is more a Mirror Trading service. The strategies to copy from, in order to be admitted, must pass a list of precise requirements that increase their security.

  • Regulations: Myfxbook Ltd. is not regulated as it is not a broker. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker, ECN, STP
  • Leverage: Leverage will depend on the broker you use
  • Minimum Deposit: $ 1,000
  • Platforms: MT4, AutoTrade (web platform), mobile app (Android, iPhone, iPad)
  • Headquarters: Myfxbook Ltd. is headquartered in Ashdod, Israel
  • US Customers: No
  • Other instruments: Instruments will depend on the broker you use

74-89% of retail CFD accounts lose money

  • Regulations: no need, not a broker
  • Minimum deposit: depends on the broker
  • Platforms: Mirror Trader
  • InvestinGoal rank: 3.5/5

74-89% of retail CFD accounts lose money

7. Tradency Mirror Trader

One of the absolute pioneers of this world, even before ZuluTrade and eToro. Tradency has launched the world of social trading, showing everybody how it was possible for users to automatically copy the strategies of other traders, without having to personally operate in the markets.

Tradency, however, has chosen not to travel the road that saw other brokers, like eToro and ZuluTrade, becoming actual real Social Networks. Tradency focused solely on what they call Mirror Trading and the related Mirror Trader platform. With the Mirror Trader users can access several automatic strategies (based on algorithms) generated by professional traders from around the world, and can decide, after assessing the performance, to replicate the signals into their own account. The only aspect that could be considered “social” is the possibility to show and share each user’s portfolio of strategies.

  • Regulations: Tradency Inc. is regulated by the Japanese FSA. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Social trading
  • Leverage: Leverage will depend on the broker you use
  • Minimum Deposit: Deposit will depend on the broker you use
  • Platforms: Mirror Trader, Robox, Smart Investor, Smart Investor CFD
  • Headquarters: Tradency Inc. is headquartered in the British Virgin Islands
  • US Customers: Yes
  • Other instruments: Instruments will depend on the broker you use

74-89% of retail CFD accounts lose money

  • Regulations: NFA
  • Minimum deposit: $49/month or $299/year
  • Platforms: Proprietary
  • InvestinGoal rank: 2.5/5

Trading is risky. You can lose money.

8. Collective2

Collective2 is one of our featured best forex brokers for social trading. They are a top choice for those based in the US who may be interested in copy or social trading. When it comes to regulation, they are overseen by the well-trusted NFA in the US. This broker differs from many others in the sector since it does not charge a fee for forex trading. Instead, traders can choose from one of four monthly plans. The prices of these range from $49 to $299 a month and you can save as much as 15% by opting for an annual plan. Within each tier of plans, the higher your investment, the more forex trading strategies will be made available to follow. These strategies originate from the trading platform itself where they are trader reviewed as opposed to directly copying other traders.

  • Regulations: Collective2 LLC is a member of the National Futures Association (NFA); (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Copy/social trading platform
  • Leverage: N/A
  • Minimum Deposit: $49 if billed monthly, or $390 if billed yearly
  • Platforms: Webtrader
  • Headquarters: Collective2 LLC is headquartered in New York, USA
  • US Customers: Yes
  • Other instruments: Strategies

Trading is risky. You can lose money.

  • Regulations: CySEC
  • Minimum deposit: $500
  • Platforms: MT5, Webtrader
  • InvestinGoal rank: 2.5/5

63.04% of retail CFD accounts lose money

9. Trade 360

Trade 360 are another of the top social trading brokers in the industry. They are fully regulated and ESMA compliant with their HQ based in Cyprus. They are another social trading broker that offers a range of account choices to you as a forex trader. You can choose from a total of 6 distinct account types. This includes an account type which is specifically designed to facilitate trading in gold. With Trade 360, you will also find that the minimum deposit ranges from $500 to $50,000 depending on the account type. Forex trading spreads start from 3 pips ono many of the forex currency pairs available and there is a wide range in choices of CFDs, with more than 100 open to trade. Trading with this broker takes place on MT5 or WebTrader platforms.

  • Regulations: Crowd Tech Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 202/13; (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
    Type: Copy/social trading platform, Market Maker
  • Leverage: 1:400
  • Minimum Deposit: $500
  • Platforms: MT5, Webtrader
  • Headquarters: Crowd Tech Ltd is headquartered in Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFDs on stocks, commodities, metals, ETFs

63.04% of retail CFD accounts lose money

  • Regulations: NFA
  • Minimum deposit: Variable
  • Platforms: Proprietary
  • InvestinGoal rank: 2.5/5

Past performance does not guarantee future results

10. iSystems

iSystems are a European copy and social trading platform that has the ability to facilitate automated trading for traders who are operating under brokers where the platform and its technology is employed. The iSystems platform mainly focuses on trading of stocks and futures and therefore is mainly featured among brokers who offer trading in these markets as a primary product to traders. With that said, they have gained a lot of traction and popularity within the industry. As a trader, you can now utilize the iSystems platform or its technology with more than 30 top stock brokers. These major brokers include the likes of NinjaTrader and Halifax among others. If you are trading stocks or futures, it is likely you will come across the iSystems platform.

  • Regulations: iSystem is not regulated because it’s not a broker. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Copy/social trading platform
  • Leverage: It depends on the broker chosen
  • Minimum Deposit: It depends on the broker chosen
  • Platforms: MT4, web platform, mobile apps (iOS, Android)
  • Headquarters: iBroker Global Markets SV SA is headquartered in Madrid, Spain
  • US Customers: No
  • Other instruments: It depends on the broker chosen

Past performance does not guarantee future results

How to Social Trade Like a Pro with the best Social Trading brokers

Now that you know all the best Social Trading sites where you can start to Social Trade, it’s time to discover how you can best do it.

Do you want to professionally Social Trade and increase your chance of success?

Well, here’s the deal.

InvestinGoal is simply full of contents, strategies and tools to help you Social Trade like a real pro with all the Social Trading sites we mentioned above.

Here you can find:

  • an eToro guide
  • a ZuluTrade guide
  • an Ayondo guide
  • a list of the best Social Traders
  • other guides in the Learn Section that will help you really make the best out of Social Trading
  • a Social Trading blog to really go beyond the Social Trading meaning
  • an in-depth Social Trading review section
  • …and much more, like our SlideShare for example ��

Binary options no deposit bonus

Binary options no deposit bonus 2020

Usually Binary options no deposit bonus is the best way to start live options trading risk-free. In this case, Broker provides some free cash-bonus to test their platform and trading environment where no cash money needed. Some promotion allows you to withdraw Profits you made through Binary Options no deposit bonus. Get all the available Binary options no deposit bonus 2020 listed here.

$10 Options NO DEPOSIT BONUS – Binary.com

Exclusive $10 Options NO DEPOSIT BONUS offered by Binary.com – Kickstart without having any deposit. Test the pleasure of Live Binary Options Trading with a […]

0.025 Bitcoin or 100 USD Free Bonus – Falcon Finance

Register to get USD 100 Free Bonus and make an X times turnover within the time-set to get $200 or 0.05 BTC Prize Money withdrawal. […]

Free $10 No Deposit Binary Options – Hiroseuk

Get total Free $10 No Deposit Binary Options Bonus to start to Live binary trading where no deposit required from the client. The initial $10 […]

$50 Binary No-Deposit promo – Pocket Option

Pocket Option brings a 50 USD NO Deposit promotional bonus for the fresh clients of the company. The traders need to set up their accounts […]

$30 Sign Up Options Bonus 2020 – GetcoPro

GetcoPro brings a NO-DEPOSIT promotion in the form of a sign-up bonus. Try binary options trading with a 30 USD initial bonus from the company […]

500 NO-Deposit Promotion – VXMarkets

Loyalty promotion of no deposit credit bonus of $500 for the existing traders of the company. Contact your support manager to receive 500 USD to […]

$20 BONUS BINARY FREE NO DEPOSIT – Close Option

Close Option Brings $20 BONUS BINARY FREE NO DEPOSIT for the new clients as a new year present. Take Free Credit in your real account […]

$50 OPTIONS NO Deposit – Freestyle Options

Turn $50 Free into $100 withdrawable after meeting the trading requirement. Register as new clients of Freestyle-Options and receive 50 USD Free Credit to begin […]

Binary $35 USD No Deposit Bonus – iMarkets360

Binary Options USD 35 No Deposit Bonus from iMarkets360 Broker. Register an account and get $35 Bonus credit without any phone verification. The Promotion is […]

$500 USD no-deposit bonus – Binary Extra Option

Binary Extra Option gives No deposit bonus of $500 USD to the new clients of the company for 5-days. Being a new client register and […]

$30 No Deposit Bonus – Ayrex

Kick-start your trading with $30 Binary Options No Deposit Bonus presented by Ayrex, a Premium Binary Options Broker. Sign up and get $30 FREE, make […]

$50 Options No Deposit Bonus – PWRTRADE

Start Live Binary options trading without any financial risk. Register an account with PWRTRADE and ensure your $50 Options No Deposit Bonus to join the live […]

$24 NO-Deposit Mobile App Download Bonus – 24Option

Binary Broker 24Option Presents $24 New account NO-Deposit Mobile App Bonus for all the downloading mobile applications and register an account after completing the download. […]

Start with $50 No Deposit Binary Bonus – CWOption

Start with CWOption‘s $50 No Deposit Binary Bonus to take an adventure of live binary options trading in a risk-free way. Join the web-based binary options […]

200$ No Deposit Bonus – TradersCompetitions

Traders Competitions Brings $200 Free Bonus NO Deposit Required to kick start live options trading. Make money with the simplest effort when all you need to […]

250$ No Deposit Bonus – SwissXM

Get $250 No Deposit in three simple ways. Register at SwissXm Binary Options Broker, Open a trading account, and finally request for the Bonus $250 USD to […]

450 No Deposit Credits & Exclusive Prizes

FREE 250 Credits + WIN amazing prizes. It’s time YOU started your trading with 250 free credits with no deposit bonus. Make an account and […]

€15 EUR NO DEPOSIT BONUS CODE – Bet ON Finance

Receive €15 EUR NO DEPOSIT BONUS by Bet ON Finance. Complete the simple procedure and get BONUS 15 EUR FREE to start Live trading without […]

Social Trading Plattform – Binare Optionen 2020

At US Binary Options our financial analysts have selected the top trusted US regulated binary platforms in 2020 and the best stock options brokers.

From 2020, we compare and provide professional reviews on all binary trading platforms in order to help you choose the broker that suits you best.

Check out our top Binary options brokers comparison table to find a trusted platform, and also our platform blacklist with scam brokers to avoid.

Read our guide about binary options trading for beginners as well as few basic binary strategies that you should take into consideration.

What are Binary Options?

These are a new kind of investment. What you will do is speculate on which way you think the asset will go in, or the direction it will go in. What you used to do was you have to purchase the asset now that no longer has to happen. When the platform is used to purchase a binary option the contract that is made enables the buyer to buy an asset which is underlying and at a price that is fixed and with a time frame that is fixed and specified with the seller.

Are there other Names for Binaries?

All or nothing options are also another name for binaries and are digital options + Fixed Return Options or FRO’s. Each of their names stresses the nature of the binary option. When it comes to outcomes there is always two possible results and this is something that the investor will be aware of before they purchase the option. The following is an example:

  • Binary option for Microsoft is purchased at $100
  • At the end of the day their shares will be much higher than they were when purchased
  • So 71% is the return offered on this investment

Binary Option

This is a particular category of option where a person would be able to get either all or nothing when there comes to talk about the payout. This thing makes binary options easier a lot to know as well as makes the trading process with them trouble free than the previous traditional options.

Expiration

These options are like this;

  • They can only be traded until they expire
  • Once these are expired, they would surely be settled for the customer in already specified amount (in dollars)
  • If the trade expires and it is out of the money then this means that the buyer gets nothing

So now you can see why binary options can either enable you to gain which is the upside or you end up with a loss which is the downside, there is always a risk when it comes to binary option trading. If you were trading in the traditional way then things would be different.

All or Nothing

When it comes down to the platform you are using for trading.

  • Nothing can mean something
  • Even it happens; at the time of expiration, the proprietor of the particular option could be given a payout yet when there is no money in their hands.

Binary options can also be found under other names including:

  • FOREX
  • Exchange Market
  • Digital Options

Other things to Learn

Before you decide to start trading there are a few things that you should research first including:

  • Learn the outcome options
  • Decide your position
  • Learn how the price is determined
  • Learn the advantages of binary and traditional options
  • Learn where binary options are traded
  • Check the implicit transaction costs of binary options

Regarding regulation for the offshore binary options brokers, we can affirm that some binary options brokers are already regulated in the European Union ( CySEC ), but not yet in United States.

Since 2006 US binary options have been in America but they have only just started to become popular since the middle of 2008. This has happened; traders and brokers have started popping up from many different states all over the US, what has happened is that people are now wanting to start a career in binary options trading and the one thing that is on every ones lip is:

Now when it comes to binary options are divided into two levels and these are:

  • US regulated exchange platforms by CFTC, where americans can trade binary options legally: NADEX and CANTOR EXCHANGE.
  • Offshore brokers not regulated.

The Ruling

The OCC or the Options Clearing Corporation in 2007 ruled that binary platforms would become legal then in 2008 the SEC or the Securities and Exchange Commission approved binary options and listed them as cash or nothing security. Then the American Stock Exchange or Amex and the Chicago Board Operations or the CBOE also listed binary options with exactly the same name. Then NADEX or the North American Derivatives Exchange added to its trading platforms binary options. But one thing has been done and that is a restriction has been imposed:

  • Americans are free to trade with binary options as long as the broker they are using is legitimate
  • The broker has to have a legal business in the county it is in and has to have followed and processed the procedures for it to operate
  • Also, they must not have been banned by the federal government for transacting with US citizens in this business

Regulation In The United States

Now just because something is legal it does not mean that it is regulated.

  • Legal means that it is protected
  • Regulated means that it is not protected

Well US binary options brokers are regulated and over the years binary regulations are becoming more and more stringent. It is the OCC that has made a point of making these regulations harder and also making sure that binary option sold by brokers have the right securities. Rules regarding trading have now been put in place and traders and brokers are expected to abide by them, if they don’t and they violate the rules then either or both trader or broker can end up being banned for long periods of time.

Limits

These have also been set for things such as indices and how many can be listed, this gives better control to the trading that is going on in the market. Scams have also started to rear their ugly heads when it comes to USA binary option trading too. Some of these scams have been very malicious and ended up causing some traders to lose thousands of dollars. But because of the SEC and the US Department of Justice have taken legal action very quickly against the crooks by doing things such as:

  • Freezing their bank accounts
  • Putting them behind bars

the traders that were scammed were able to get some of their deposits even though it is not the entire amount back, the federal government has been able to enforce justice when it is needed and making broker who was involved in the scams accountable for what they did wrong. This is now why there has been a hard-core regulation within the United States and they will keep on doing so until the binary options market is strong and reliable in America.

What is Social Trading? – Tutorial & Platform Review

Table of Contents

Definition and explanation:

The term Social Trading means that private investors follow or copy the trades of successful and professional investors. Nowadays, it is a very transparent process without a lot of administrative effort. By using Social Trading the trader can earn an attractive return on investment which is better than the most finance products of banks. Intelligent platforms allow the trader to manage the risk and invest the capital by different criteria.

As you see in the picture above there is always a clear structure for Social Trading. First of all, you have to search for successful traders or investors on the trading platform which offer the copy service. You can use these different criteria (risk, yield, and more). If you found the right trader who fits in your expections you can start to follow him. In the next sections, we will discuss each step in detail and give you the best tips for Social Trading.

Nowadays, Social Trading (link Wikipedia) is a trend for retail investors. The interest rates are very low and the most fonds performed badly. Social Trading is the solution for retail investors who want to warn money with online trading. Online trading can be difficult and hard to master. You need a lot of experience and knowledge. Professional traders are available on Social Trading platforms.

With just 2 clicks you can follow a successful trader and copy his trades. The trading platform shows you all the information which you need to make investment decisions. For retail investors, it is very easy to sign up and invest in a portfolio. Even trading with small amounts of money is possible.

The advantages of Social Trading:

  • Copy successful trading strategies
  • Trade forex, stocks, CFDs, and fonds
  • Profit from experienced traders
  • Fully automated process
  • Manage your risk by yourself
  • Start trading with a small amount of money

The disadvantages of Social Trading:

  • Without knowledge it will be hard to make profit

What is the best Social Trading Platform?

On the internet, you will find a lot of different offers for Social Trading. Most of the time there is a lack of financial regulation on this platform. On this page, we will present to you the biggest Social Trading Platform of the world “eToro”. It is a leading platform and from our experience better than any other Social Trading platform.

eToro is regulated and licensed by highly trusted authorities like the CySEC, FCA, and ASIC. Your funds are safe with this broker and you can use a huge variety of payment methods to fund the trading account. Practise and testing of the platform are possible too by using the free demo account. You can trade stocks, forex, commodities, cryptocurrencies, and ETFs.

The platform is very popular and used by a lot of traders. Traders who want to join Social Trading will find enough offers to copy and follow. Another advantage of the platform is the customization of the Social Trading function which we will show you in the next sections. All in all, we can recommend eToro because of the range of offers and trustworthiness.

The official homepage of eToro

The advantages of eToro:

  • Regulated and licensed Online Broker
  • Leading Social Trading Platform
  • Copy automatically other peoples portfolio
  • Stocks and CFDs for forex, commodities, crypto & more
  • Free demo account
  • A low minimum deposit of 200$
  • Competitive fees
  • Professional support and service in different languages

(62% of private investor accounts lose when trading CFDs)

1. Choose “Copy People” or “Invest in CopyPortfolios”

In the picture below you see the eToro trading platform. On the left side there is the menu where you can choose “Copy People” or “Invest in CopyPortfolios”. The difference between these 2 options is that you can follow real traders or follow a portfolio of markets, top traders, or partners. First of all, we recommend to choose “Copy People” to get an overview about the main functions.

2. Get an overview of the traders and investors

Now you see the Social Trading platform of eToro. We will discuss the details in the following sections. On the top, you see the recommended traders of eToro. If you go with your courser on the pictures there will show up a small description of the trader. Besides, you see the return of investment of the last 12 months and the actual followers of the trader.

eToro is rating the traders by a risk number. The risk number is depending on the maximum drawdown in a certain period. Below that you can find the top and trending investors. This is a nice shortcut to find the most profitable traders at the moment.

3. Search for traders by criteria

You can search for traders by criteria you want. This is one of the key features of eToro Social Trading. There are different options like traders country, markets, profit, and profit time. For more options, you can choose the advanced search.

From our experience, it is easy to find the right trader. Before you start you should learn about the different options and criteria.

Criteria for searching:

  • The time period of the profit
  • Country
  • Return (profit)
  • Daily and weekly drawdown
  • Portfolio size
  • Activity

4. Check the stats of the trader

By clicking on the profile of a trader you will see the actual stats of the portfolio and investment strategy. The advantage of the eToro platform is that the stats are shown very transparently and every investor can assess the risk and trading strategy.

The actual traders, profit, and drawdown are shown. Besides, there is the option to see the portfolio and in which markets the trader invest. Furthermore, you can contact other traders by the news feed and see the chart of the portfolio evaluation. In the picture below you see the stats of the trader.

Overall, there are professional graphs that show you information to develop a successful social trading strategy. As an investor, you can decide if it worth to invest or not. In the following points, we will give you an explanation of the stats.

Performance:

  • See the profit of the portfolio
  • Some traders are active more than 1 year

Risk Score:

  • Maximal Drawdown
  • Average of the risk score

Copiers:

  • See how much investors are following the trader

Trading:

  • Markets in which the trader invest
  • Average loss and profit
  • Current trades
  • Trades per week
  • Holding time of trades
  • Profitable weeks

5. Start copy trading

Just click on “Copy” to start investing. You can choose the amount you want to invest in. The minimum investment is 200$ and can be different from a trader to a trader because it is depending on the portfolio sometimes. Below that you will see the average copied trade size.

For example, if you invest 1,500$ into a trader’s portfolio the average copied trade size can be 30.40$. This is depending on the trading volume. In addition, you can check the option “Stop copying if copy value drops below:”. This is an automatically risk limit but you can manage the positions later too. Also, there is the option to copy open trades. By checking this option you copy the open trades whether it is in profit or loss.

6. Manage your portfolio

You can manage your portfolio at any time or add funds to social trading. In the picture below you see the portfolio menu where are all opened positions are listed. Investing by Social Trading is like opening a trading position on the markets.

Manage your portfolio with the following options:

  • Add Funds
  • Remove Funds
  • Pause Copy
  • Set Copy Stop Loss
  • Stop Copying
  • Write New Post
  • View Chart
  • Customize

7. Social Trading is not difficult

In the step by step tutorial we showed you how easy it is to start social trading. From our experience eToro is the best platform for copy trading because it is a regulated and safe paltform. You see transparent the stats and history of the traders and also their opened positions. You can not make it more transparently than this. Our recommendation is to start with the free demo account first and test the platform. If you feel comfortable you can do your first investment.

(62% of private investor accounts lose when trading CFDs)

CopyPortfolios are an interesting option to Social Trading

Next to the “Copy People” option you will find the CopyPortfolios in the trading platform. This can be a good alternative to follow other traders. CopyPortfolios are Trader Portfolios or Market Portfolios. The Trader Portfolios comprise the best performing traders in on asset and the Market Portfolios bundles together different markets like stocks, commodities, and ETFs.

It is similar to a fond or banking product of retail banks but with eToro, you will have more control over your investments and the chance to get a better return. See the picture below for CopyPortfolios.

Market Portfolios

Market Portfolios are created by the top performing assets which are picked by algorithm. There are many options for you to invest. One Market Portfolio covers a specific area in the financial markets. For example the Crypto Portfolio invests into cryptocurrencies and sells short bank stocks. Like in the Social Trading function you can see transparent the stats of the portfolio.

From our experience, Market Portfolios are a good way to generate investment ideas or invest in a whole area that performs very good in the financial markets. The Market Portfolios can contain stocks, commodities, ETFs, and currencies.

Popular Market Portfolios:

  • 5GRevolution (Future of Connectivity)
  • FoodDrink (Food and Drinks)
  • TravelKit (Travel and Leisure)
  • DroneTech (Drone Technology)

Top Trader Portfolios

Top Trader Portfolios contain the best traders which you can copy. If you do not know thich trader you should follow it is maybe the right option for you. In the Top Trader Portfolio you will see a mix of portfolios of different traders. It is a good way to spread the risk over many investments. In addition, you will see the risk of the portfolios and the tradet assets.

Before you invest, you should check the stats of the portfolio and do deeper research into the markets. For start trading a CopyPortfolio you will need more money than by following only one trader.

Popular Trader Portfolios:

  • GainersQTr
  • SharpTraders
  • AlTrader50
  • ActiveTraders

Is Social Trading a scam?

If you want to start Social Trading the safety and seriousness of the trading platform is very important. On the internet, you will find a lot of offers for copy trading and social trading but you should have a deeper look at the offer. To exclude a scam or fraud you should look for an official finance regulation and license of the platform.

eToro is a high and multi-regulated broker for Social Trading and the company show trustworthiness through different achievements and awards. What we can not recommend it to use a Social Trading platform without financial knowledge. As a trader, you need to know that you can not make a profit without the risk. Social Trading is very risky because the past results of the traders do not guarantee profits in the future.

Criteria for a serious Social Trading platform:

  • Regulated and licensed trading platform
  • Financial security of customer funds
  • Transparent trading conditions
  • No hidden fees
  • The broker have to be popular and used by many traders
  • Informations and stats about traders

Tipps and tricks:

Be aware of the risk of your investment. It can happen that you lose your whole investment amount if the trader does wrong investment desicions in a row. For getting a better result in Social Trading we recommend to invest in more than one trader. If you invest in different traders who made a good profit in the past you can limit your risk of losing the whole investment.

Demo Account:

Another important feature of the platform is the demo account for beginners. On eToro you can switch with one click between the virtual portfolio (demo account) and the real portfolio. The balance of the demo account is 100,000$. It is virtual money and you can trade without risk by simulating real money trading.

Especially for beginners or new users of the platform this virtual account is useful. You can test the features and functions of the Social Trading platform for free.

Conclusion: Social Trading is a legit investment opportunity

On this page, we showed you how Social Trading works. All in all, it is a good investment opportunity for investors who want to rely on professional and successful traders. The investor decides in which portfolio he wants to invest and how high is the risk.

It is important to choose a reliable and serious Social Trading platform. That is why we can recommend eToro. The online broker is multi-regulated and used by millions of traders. eToro allows you to invest in 1,500 different markets (stocks, currencies, cryptocurrencies, ETFs, and more). Based in Europe the company acts internationally.

Keep in mind that Social Trading is risky like any other trading style. But with less effort, it is possible to get a high return to following successful traders. We recommend starting with a free demo account. In addition, the minimum deposit of the platform is only 200$. Nowadays, it is possible that any type of trade can use Social Trading with a secure platform.

Facts of Social Trading:

  • Attractive returns
  • Manage the own risks
  • Low administrative effort
  • Earn commissions as successful trader
  • Choose a regulated platform like eToro

Social Trading is like a revolution against conservative investment strategies. It can bring you a lot of advantages over most market participants.

Beste Broker fur Binare Optionen 2020:
  • Binarium
    Binarium

    Der beste Broker fur binare Optionen fur 2020!
    Ideal fur Anfanger!
    Kostenloser Unterricht!

  • FinMax
    FinMax

    2 Platz in der Rangliste! Zuverlassiger Broker!

Like this post? Please share to your friends:
Binäre Optionen für Anfänger
Schreibe einen Kommentar

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: