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The brand will also release some clearance offers for its customers. The online store may be already running some early Black Friday sales ahead of the big event. If you like planning ahead, you can visit socialtradertools.com and get more information.

The platform offers a wide range of tools that are aimed at simplifying the trading process and improving the trader’s overall trading experience. In this article, we will review Social Trader Tools in detail, covering all the key features and benefits of the platform. By having a trade copier at your disposal, you’re able to spread risk different across multiple accounts leading to potentially much better diversification and results. For example, the majority of forex traders are going to use 1% risk per trade, potentially moving up to 2%.

Our risk types, risk by balance and risk by equity compensate automatically for the difference in base currencies and will adjust the lot size appropriately. The investor password on the Metatrader platform allow for read-only access to your account. All major credit cards and PayPal are accepted for payment of the plans, which are based on a monthly subscription. Recurring fee - A recurring fee eg Monthly, which requires a payment on a Monthly basis to maintain access to the signal. We couldn’t find much on client reviews on other websites, but there are no negative reviews and we think traders should be aware of this.

Social Trader Tools Reviews

Hosted in the cloud 24/7 without the hassle of a VPS, allowing you to copy trades to any amount of trading accounts and much more. Social Trader Tools allows you to manage https://xcritical.com/ an unlimited amount of MT4 accounts from any MT4 broker, all from one platform. There is no special software, no complex configurations and no VPS servers required.

If you don’t know how to configure the systems, this is not the fault of the platform. The services offered by this company is very unique and quite interesting. We found the information presentation quite professional and encouraging. The pricing is high if we view how much signal selling can earn for a trader as well as managing accounts. Multiple windows, unique watchlists, and a variety of viewing… All features of the platform are paid for using an account hosting plan.

Traders with smaller operations could get away with the standard $20 per month package which will cover you for 2 accounts. Traders running signal services or managing investors funds are more likely going to need the premium package, which covers 20 accounts for $220. It’s worth knowing that if you need more than 20 accounts on your trade copier, more packages are available. In addition, the platform offers a range of risk management reports and analytics tools, allowing traders to monitor their risk and adjust their trading strategies accordingly. Social Trader Tools is a trade copying tool and one of the top leading trade copier tools in the forex market right now. Traders can now manage an unlimited number of MT4/MT5 accounts from any MT4/MT5 broker via Social Trader tool.

• I share my knowledge with you for free to help you learn more about the crazy world of forex trading!
• This will give you all of the same features as the personal package but 5x simultaneous licenses, as well as position size splitting and martingale mode, which some trades might find useful.
• In the middle of copying trades the system suddenly lost connection to my account missing a few trades that has been already placed.
• The platform offers a wide range of tools that are aimed at simplifying the trading process and improving the trader’s overall trading experience.
• With social Trader tool, you can whitelabel their platform and provide signals to your own audience if you are trying to launch a trading business or already have an established brand.
• This is even going to be useful for traders with multiple prop firm funded accounts, to have them all in one place.
• You may be interested in learning about social media trading as a trader.

Providing HTTP endpoints that allow you to programmatically manage accounts and copy trades with the languages you want. It’s a good idea to choose the items you want at Social Trader Tools prior to putting your order and remember to add them to your shopping cart. Black Friday discounts are available at Social Trader Tools along with numerous Coupons.

The Social Traders User Experience

Save more than $25.37 | socialtradertools.com Coupons & Deals Don’t wait to snatch up your savings. You can speak to us today about how to join the program and promote one of the world’s fastest growing regulated online brokerages. Visually manage accounts and copiers with our web platform and its responsive GUI. Socialtradertools.com.cutestat.com needs to review the security of your connection before proceeding.

Social Trader Tools offers trading in a wide range of instruments, including forex, commodities, indices, and cryptocurrencies. The platform offers access to over 100 different currency pairs, including major, minor, and exotic pairs. The Standard account hosting package is 2 accounts regardless of whether its a master or slave to a copier.

Cost me a lot! Use simple VPS instead!

You could keep your main account on 1% risk, then have copier accounts running 5-10% risk, on much lower capital. Although they are much higher risk, they will only amount to a small percentage of your portfolio and be running completely automated. They could grow vastly during large winning streaks and during great risk to reward plays.

Our trade copier is the fastest copier in the market with an average replication speed of 50ms. Once you have your accounts connected to the platform you can setup trade copiers. Trade copiers are highly configurable with various risk types and settings covering all scenarios. With Social Trader Tools you can offer your own trading account out to other users as a signal via a signal page. You can copy trades to any number of trading accounts, and all this is done in the cloud 24/7.

If you’re a profitable trader making a few percent a month, imagine getting setup with a trade copier and running an FTMO challenge accountwith $200,000 account balance, on your copier. In short, Social Trader Tools is a great platform for traders looking to utilise a trade copier and have all of their accounts in one place. Although it’s more pricey than alternatives like MT4 Copier, it’ll save a lot of time seeing as it’s cloud based and you’re setup in about 5 minutes. This really is a great tool for fund managers and traders looking to take on more trading accounts. If you’re a profitable forex trader, you could sell your trades to investors to make a small extra profit per trade, or on a subscription basis. All you would need is the MetaTrader accountof the investor, and you could sign them up onto the trade copier.

Why Use Social Trader Tools?

This is even going to be useful for traders with multiple prop firm funded accounts, to have them all in one place. Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Social Trader Tools offers a range of risk management features designed to help traders manage their risk and protect their capital.

So, this is certainly not a cheap platform to get involved with. If you are running an account management service where you manage 5 accounts, it would cost you $60 per month in order to manage these accounts. Considering the platform is the backbone of the entire business, it does make sense that they charge a pretty aggressive fee.

Does the free program include joining the community?

You may need to consider other trade copiers to make an objective decision. In the middle of copying trades the system suddenly lost connection to my account missing a few trades that has been already placed. Customer service simply said they are not responsible for any losses tho they clearly admitted it was their system that was facing issues. It is also very very difficult to even connect a simple account to the system. The signal pages allow a service provider to offer its own trading account to other users. They are publicly viewable with long random codes making it difficult to guess.

Including the account manager, trade copier and signal provider. After disabling automatic upgrades, you must either delete one of the 2 accounts or manually upgrade to a 5 account package or higher. Day traders execute short and long trades to capitalize on intraday market price action, which result from temporary supply and demand inefficiencies. You can be your own boss, set your own schedule, work from home and achieve unlimited profits. Please note that if copying trades from an outside account to a TFT Royal Account, the trades taken must be placed by the owner of the TFT account. You can also use market-making, exchange/market arbitrage, and simulate or backtest trading.

The platform works very well

This is because sometimes, what we find could have been manipulated. No need to have separate terminals that provide standalone analytics. MetaTrader 5 is the only platform that allows you to combine different markets into one platform. It also gathers general statistics and gives you full control over…

Operating as an online business, this site may be compensated through third party advertisers in the term of commission. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBrokerReport.com, nor shall it bias our reviews. This way, you’re able to copy your trades automatically onto the other brokers and limit your socialtrader tools potential losses, should the worst happen. You add a $50,000 instant funding account from MyForexFunds, to the copier. You add a $50,000 instant funding account from DT4X Trader, to the copier. When enabled, the auto-upgrade feature will upgrade your existing account hosting package to the tier above when your current package cannot accommodate new accounts.

The platform’s active social trading community and social trading features provide traders with valuable insights into the market and enable them to learn from other successful traders. Overall, Social Trader Tools could be a valuable tool for traders looking to enhance their trading experience and improve their trading performance. Social Trader Tools offers a user-friendly trading platform that is designed to enhance the social trading experience.