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Social Trader Tools Reviews And Pricing 2022

The packages we use offer most users what they require, however we understand moving to a larger package may result in some unused slots initially. The hosting packages are also not 1 master and many slaves, the system doesn’t care whether your accounts are masters or slaves. Unfortunately we won’t be https://xcritical.com/ changing our pricing model as this has worked very well for most people in the last 5 years of service. As the forex prop firm industry has grown, so has the amount of prop firms offering funding for traders. With forex brokers reducing leverage and the industry getting more regulated, trading your…

Our Goal is to provide education to the retail trading industry. We are fully transparent, self funded community – built from the skill of Trading. Regarding our customer service, I fundamentally disagree that “we ignore and take our time when replying to customers”. We are a small team but we respond to all enquiries usually within one hour during business hours. I’m sorry to hear your questions weren’t answered, unfortunately I don’t have your email address to search the system and investigate. Please do contact us again and we will look into your enquiry.

We are a new cloud-based automated trading platform that enables non-emotional algorithmic decisions. For cryptocurrency investors who must monitor their positions 24/7 in a highly volatile environment. If you are a trading expert, register as a partner, and let’s grow business together! Allpips allows you to access all global markets from one account. The Allpips platform offers many features and options to meet the needs of even the most sophisticated investors.

social trader tools review

Traders using social media platforms often have lower fees than those who are not using social media sites. A wide range of tools and services are offered on even the program’s most basic tier to accommodate all users, including 35,000 words of educational content and over 30 thorough informational videos. Sorry to hear you had trouble with our platform and customer service. Our pricing is what it is because hosting each account in the cloud is expensive. We opt for the best servers for the best performance, we don’t set the costs.

Forexsignals Com Review: 5 Things You Should Know About

The majority of the trade copiers on our Top Forex Trade Copierslist require a ForexVPSto run properly – so it’s nice not having to worry about setting anything up. Social Trader Toolsis a platform built for forex traders looking to copy trades from one account, to multiple others, automatically. Social Trader Tools is a great tool for automatically copying trades from multiple accounts. It’s relatively inexpensive, costing five accounts around $60 a month.

social trader tools review

However, traders need to be careful about believing everything they encounter in the business sphere. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors what does burning tokens mean at the bottom of this article. You can also use market-making, exchange/market arbitrage, and simulate or backtest trading. Automated trading and portfolio management for Bitcoin and Ethereum, Litecoin and more than 100 other cryptocurrencies on the top crypto…

The Social Traders program enables comfortable trading from home while still being fully connected to an interactive trading community. Hello, I’m using Duplikium website, the concept is the same, hosted in the cloud and the advantage is that you can use it not only for mt4, but mt5 and ctrader are supported too. And trade looks to be copied faster, they claim 3-5 ms instead of 50ms for Social Trader Tools. This service is really unlike anything I’ve reviewed in the past, but it does give traders the opportunity to create their own Forex Social Trading Network, like Alps Social, or Myfxbook Auto Trade. The lowest plan is for copying between 2 accounts ($20 per month), and then they go straight to 5 accounts ($60 per month). It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer.

Fx Monopoly Review: Is This A Legit Or Scam Signal Vendor?

Clients can restrict what brokers can be used on their Whitelabel or even add a broker affiliate link. Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors . EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions. Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

social trader tools review

They could grow vastly during large winning streaks and during great risk to reward plays. Copy top-performing traders from different brokers to reach your investment goals. ZuluTrade allows traders to connect to their account and share their trading strategy.

Social Trader Tools Review: Is This A Legit Forex Robot?

This tool can be useful for those who are inexperienced with the markets or want to use a little help. With so much interaction between members on The Social Traders’ discussion tools, such as Slack and Telegram, this category earns a solid 5 out of 5. Both free and Pro members commented on how like-minded and helpful the rest of the community is and how much growth is encouraged among all traders. The Social Traders provides a highly supportive atmosphere for everyone on the platform. Social Trader Tools is a service that offers copy trading, account management and Forex signals.

It goes against our guidelines to offer incentives for reviews. The robot is designed by a company called Titanium Financial Technology. It works using a cloud-hosted platform where clients upload their account information to be managed.

eToro Review 2022 – Investopedia

eToro Review 2022.

Posted: Wed, 21 Sep 2022 07:00:00 GMT [source]

For example, the majority of forex traders are going to use 1% risk per trade, potentially moving up to 2%. 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.

Why Use Social Trader Tools?

The Social Traders is an online collaborative trading platform that connects investors with other investors. Offering a wide variety of free resources on the program’s most basic tier, it’s an informative and inclusive platform for traders of all experience levels. Three tiers are offered for traders with different interests and budgetary requirements. The purpose of the Social Trader Tools platform is to help traders manage multiple accounts. For the most part, this tool isn’t for your average trader, and is much more suited to service providers that are looking for a platform to serve the community.

I have massively advanced on my trading ability through 1-1 support & the online portal they offer. Both Dylan and Max always keep the community updated with what’s going on in the market along with a very vibrant community of other like minded people that are always on hand to help out each other. No weekly updates or anything else,not even in the community chat. When you buy the membership it is not specified and you pay full price. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

  • Comparebrokers.co needs to review the security of your connection before proceeding.
  • We use dedicated people and clever technology to safeguard our platform.
  • The packages we use offer most users what they require, however we understand moving to a larger package may result in some unused slots initially.
  • The majority of the trade copiers on our Top Forex Trade Copierslist require a ForexVPSto run properly – so it’s nice not having to worry about setting anything up.
  • Pro members receive updates, analyses and trade ideas throughout the day straight to their mobile device.
  • Whitelabels are offered to those looking to start a trading business or existing brands.

This way, you’re able to copy your trades automatically onto the other brokers and limit your potential losses, should the worst happen. To get in touch with the vendor or a representative of the customer support service, send an email to 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. As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

Today I’m analyzing a new web-based platform built to help traders manage an unlimited amount of accounts from any MT4 broker, all in a single platform, Social Trader Tools. The entire platform is hosted in the cloud, and doesn’t require traders to utilize a virtual private server, any special software or complex configurations. All traders have to do, is upload their account credentials and then the account can be managed directly via this platform. The AvaSocial mobile application allows you to follow and copy the trades made by the best traders. Ask questions to your mentors and groups and learn new strategies.

Here at Forex Robot Nation we are dedicated to helping traders finding the Best Forex Robots, Expert Advisors, Forex Signals, Forex Brokers, Forex Social Networks, Forex Indicators and much more. Our reviews can be skeptical, but we are fully transparent in our approach. The copier is one of the best on the market and definitely ranks higher than most of the Top Forex Trade Copiers. In fact, besides potentially the MT4 Copier, I think the features and stability of the trade copier makes it one of the best in the industry, without a doubt. Comparebrokers.co needs to review the security of your connection before proceeding.

Features Of Social Trader Tools

A couple of months ago I would never have thought I could have found myself as engaged and as well informed as I am now in trading FX. What seemed a daunting task, to understand strategy’s, has turned into a real full on hobby. The tools help you minimize your risk by letting you copy the trades of other traders. The programs also allow you to see their activity in real-time.

social trader tools review

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBrokerReport.com has some data verified, it can vary from time to time. 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. Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders. Usually, companies will have a huge amount of reviews on Trustpilotand ForexPeaceArmy, which is where we usually take a look.

Service #2: Extended Market Breakdown

Register as a partner if you are a trading expert and let’s grow our business… Considering signing up with Social Trader Tools, you should know that it is priced reasonably. However, if you have multiple accounts or are running a signal service, you will need the premium package, which costs $220 per month for up to 20 accounts. You can upgrade from there if you need more space for your accounts. Little is mentioned regarding user experience with The Social Traders mobile app; its primary function is to connect traders via the Telegram Messenger feature. Pro members receive updates, analyses and trade ideas throughout the day straight to their mobile device.

The Social Traders Vs Competitors

Little information is provided about The Social Traders app — though nothing negative has been reported. The Social Traders receives a customer service ranking of 5/5 due to the overwhelmingly positive feedback from members, who remarked that the owners of the platform are helpful, knowledgeable and approachable. Users stated that their questions are always answered in a timely manner and praised the fact that direct contact is easy and encouraged on the platform. An easily accessible dashboard offering an array of tools to maximize strategy for both free and Pro members. The Intermediate series, tips and tricks, psychology series and other options are exclusively available to Pro members. The platform is owned and operated by Titanium Financial Technology.

The web interface makes it so easy to setup in minutes and you’re able to log in from anywhere in the world and check on the status of the copier accounts, add and delete accounts and monitor risk settings. Social Trader Tools is a web based platform for anyone that uses MT4/5. 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.

Excellent Community With A Great

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. Trade copiers can use this service because it offers an average replication speed of 50ms. Once the trader has connected accounts to their platform, they set up trading. It is highly configurable with different risk types and settings for all scenarios. DupliTrade was created to simplify your automated trading experience.

All you would need is the MetaTrader accountof the investor, and you could sign them up onto the trade copier. You wouldn’t even have to see their accounts again, once it’s setup in the cloud all of the work is being done automatically and you just keep trading as you normally did. This can be a great way for traders to earn additional profits but it’s important to look at regulations of trading investors capital – to avoid this, I’d recommend using a prop firm. While this certainly isn’t for your average trader, this does give advanced traders the ability to start their own service and provide the community with account management, trade copying or Forex signals. Everything comes across as professional and seamless, but I do recommend that anyone interested in the platform applies for a demo so that they can see if this fits their requirements.

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