Social Trading and Copy Trade - Automated FX Trading Info

Forex social trading enables Forex traders to interact in real-time, sharing knowledge, strategies and methods. Less experienced traders can leverage the help of traders with more experience and even copy their trades and techniques. They can actually subscribe to actual trading signals and have them execute on their own accounts. This is known as copy trading.
# Forex Broker Year Regulator
1 FIBO Group FIBO Group 1998 FSC, CySEC, FCA
2 XM XM 2009 ASIC, CySEC, IFSC
3 City Index City Index 1983 ASIC, FCA, FSA, IIROC, MAS, NFA
4 Alpari Alpari 1998 FSC
5 HotForex HotForex 2010 CySEC, FSC, FSB, FCA, BaFin, DFSA
6 Pepperstone Pepperstone 2010 ASIC, FCA
7 Forex4you Forex4you 2007 FSC
8 Grand Capital Grand Capital 2006 CRFIN, KROUFR
9 LH Crypto LH Crypto 2018 VFSC
10 OctaFX OctaFX 2011 FCA UK
What is a PAMM Account? PAMM short for “Percentage Allocation Management Module” PAMM Is a copy trading system that today many forex brokers offer. Copying trades from a Master account to one or more Follower accounts and automates the profit and loss distribution. Master account operates a personal capital through a PAMM Account, and his or her trading strategy is copied on the Followers capital. Conclusion Copy trading and social trading are exciting developments in trading. It allows novice traders to take advantage of the vast experience of talented and dedicated traders, providing an income stream for these expert traders and profit for the beginning trader. Through social trading, it has never been easier to learn the ins and outs of Forex trading. Since Forex is the most heavily traded, most liquid market in the world, it makes perfect sense that copy trading and social trading are popular with Forex traders.

Still not sure which broker? For a tailored recommendation, you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Similarities and Differences between Social and Copy Trading

Similarities and Differences between Social and Copy Trading

Although often used interchangeably even on our site as well, it would perhaps be instrumental to distinguish between social and copy trading because although similar the two are not identical. In fact, it could be argued that social trading is a more wide encompassing term and copy trading is on...…

Published: Thursday 29 October, 2015

What is copy trading?

What is copy trading?

Copy trading is a genuinely great way to begin trading and as revealed by its name it entails the direct mimicking of the positions taken by another or other traders through the automated linking of your own portfolio with theirs. When you choose to copy a trader, then you are copying both their ...…

Published: Thursday 29 October, 2015

What is social trading?

What is social trading?

The emergence of social trading was made possible due to the evolution of social media and their establishment as a mainstream method of information sharing over the internet. Users of social trading platforms get instant and constant access to information about the markets, but this information ...…

Published: Thursday 29 October, 2015

Good Traders Trade, but Great Traders Copy! Find out more about the revolution in Online Trading

Good Traders Trade, but Great Traders Copy! Find out more about the revolution in Online Trading

Most people seem to be having a keen interest in ways to escape salary dependency and want to know how they can make good money online. eToro, the pioneer in social trading online network can claim to be offering one of the few s...…

Published: Thursday 29 October, 2015