Top Forex Brokers – Social trading is a new technology developed to make it easier for traders and investors to share forex trading strategies. Many forex brokers develop this feature to attract many interested traders and investors. One of the brokers that provides this feature is the Exness broker, with the existence of social trading, a professional trader can share their trades with investors with terms and conditions agreed by both.
Investors can view these strategies on social trading applications and then choose to copy them. When doing so, all trades on a given strategy account will be copied to the client’s investment using the copy coefficient. On the Exness broker, for signals provider can create an account in exness members area, meanwhile for investors account can open in exness social trading platforom android and iOS.
There are several types of trading accounts at the Exness broker, but to open a strategy account there are only two, namely social standard and social pro on the MT4 platform.
Social Standard: This strategy account can be created by the strategy provider with a minimum deposit of 500 USD. This account is similar to the Standard trading account available in the Personal Area. You can read about some of the main features here.
Social Pro: This strategy account can be created by the strategy provider with a minimum deposit of 2000 USD. This account is similar to the Pro trading account available in the Personal Area. You can read about some of the main features here.
– Benefit social trading exness brokers
Providing a feature for the company certainly has a purpose, as well as the presence of this exness social trading feature. Here some benefit from social trading exness.
For Trader Investors
- Copy trading reduces the risk of loss in Forex trading
New traders trade while learning. This method may take too long and large amounts of money may be lost before they can achieve sufficient learning.
- We don’t need to analyze the forex market, entrust to a professional signal provider
- We can profit the same as the trader we copied
- We don’t need to spend time, energy and thoughts in trading
For Trader Signals Providers
- Get the added benefit of the fees charged by traders who copy our deals
Opening trading signals on a social trading platform really helps increase profits. Apart from benefiting from our transactions, follower fees are a profitable addition. If you are interested in opening an exness social trading account, please go to the official site at https://social-trading.exness.com