Social trading allows you to copy trades from experienced traders automatically. This article explains how social trading strategies work on FXTRADING.com and how you can benefit from them.
What is a Social Trading Strategy?
A social trading strategy is an account created by a Signal Provider in their Client Portal specifically for trading purposes. When investors follow these strategies, all trades executed by the Signal Provider are automatically replicated in the investor's account according to a copying coefficient that adjusts position sizes proportionally.
Investors can browse available strategies through the social trading platform or directly in the Client Portal to find strategies that match their trading preferences and risk tolerance.
Account Types for Signal Providers
Signal Providers can create strategies using any of the five account types available on MT4 and MT5 platforms (availability may vary by country).
You can fund your social trading account through direct deposits or by making internal transfers from your other trading accounts.
Managing Multiple Strategies
As a Signal Provider, you can create and manage multiple trading strategies simultaneously through your Client Portal. This allows you to develop different approaches for various market conditions or trading styles.
For more detailed information about becoming a Signal Provider, please refer to our guide on opening a Signal Provider account.