What Is Social Trading?
By: a.demetriou@libertex.comSocial Trading combines copy trading with community interaction, allowing traders to discuss strategies and insights.
Social Trading combines copy trading with community interaction, allowing traders to discuss strategies and insights.
Copy trading software automates trade replication from a provider to a follower’s account.
Yes, copy trading is legal in most countries, provided the broker is regulated.
Yes, you have full control over your account. You can stop copying a trader, close trades, or withdraw funds at any time.
Followers pay a performance-based fee only when they make a profit. Providers keep 100% of the earnings they set.
Success depends on the traders you follow and your risk settings. There’s no guaranteed profit, but smart strategy selection can increase your chances.