SOCIAL TRADING

Now, today let us touch on some other topic and since it is not the end of the week yet, where I will be reviewing the trades for this week.

All of us may one time come across the word Social Trading. It is whereby we copy trades by some trader who list out their past performance.

There are a few platforms, namely FxJunction, Zulutrade, eToro or even MyFxBook.

Each has their own way of running their 'bridge' or 'copy trade'.

Personally, I have tried demo on FxJunction, Zulutrade and eToro. I think MyFxBook requires you to open a real account with one of its listed brokers.

For FxJunction you need to use an MT4 EA which acts like a 'bridge' to the trader you copied.
For Zulutrade and eToro, so far it is all online.

I strongly recommend you to try out the demo, and have a feel of the system/platform before you commit you real money. You may also take this opportunity to try out/copy some of the traders and see how it performs in real time on your demo account.

You may try it out now yourself by clicking the following link:


eToro - See, Follow and Copy the Best Traders!!

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