What is CopyTrading.trade?
CopyTrading.trade is a social trading and investment platform that allows its users to copy the trades of other successful traders on the site. The site also provides a range of other features, including a newsfeed, chatroom and forums, where users can discuss trading strategies and share tips.
The service was launched in 2016 and has since grown to become one of the leading social trading platforms in the world, with over 1 million registered users.
How Does CopyTrading.trade Work?
CopyTrading.trade is an online service that allows investors to copy the trades of other successful investors.
When you sign up for CopyTrading.trade, you’ll be asked to choose a portfolio of traders that you’d like to follow. You can choose from a variety of different portfolios, or you can create your own.
Once you’ve chosen your portfolio, CopyTrading.trade will automatically copy the trades of the traders in your portfolio. So if one of the traders in your portfolio makes a trade, CopyTrading.trade will make the same trade on your behalf.
You can monitor your account and see how your trades are doing at any time. And if you’re not happy with the results, you can always switch to a different portfolio or stop using CopyTrading.trade altogether.
What Are The Pros and Cons of CopyTrading.trade?
CopyTrading.trade is a social trading and investment platform that allows its users to copy the trade signals of successful traders and mirror their portfolios. It was founded in 2013 by former hedge fund manager, Eyal Shahar.
The CopyTrading.trade platform is available in English, Russian, Chinese, and Spanish. It is free to sign up for an account and there are no monthly fees. Users can deposit and withdraw funds using a variety of methods including bank wire transfer, credit/debit card, and e-wallets such as PayPal, Skrill, and Neteller.
The minimum deposit to start copying trades is $200 and the minimum amount that can be invested in a single trade is $1. The maximum amount that can be invested in a single trade is $10,000. CopyTrading.trade does not charge any commissions on trades but earns its revenue from the spread between the buy and sell prices of assets on its platform.
Copytrading has become a popular way to invest online as it offers a number of advantages over traditional investing methods:
It is a simple way to get started in investing without having to do extensive research or worry about making mistakes.
Successful traders can be copied with the click of a button which takes away the emotion from investing and leaves it up to professionals.
It is a great way to diversify your investment portfolio as you can copy multiple traders with different strategies.
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What do other traders think of CopyTrading.trade?
When it comes to CopyTrading.trade, other traders have a lot to say. Here are some reviews from around the web:
“I’ve been using CopyTrading.trade for about a month now and I’m very happy with it. The platform is easy to use and the customer service is excellent.”
“I was hesitant to try a copy trading service at first, but CopyTrading.trade has been great. I’ve made some good profits so far and the service is very user-friendly.”
“I would definitely recommend CopyTrading.trade to anyone looking for a reliable copy trading service.”
Conclusion
All in all, CopyTrading.trade is a decent copy trading platform that has a lot to offer both new and experienced traders. The website is easy to use and navigate, and the customer service team is responsive and helpful. However, there are a few drawbacks to using the platform, such as the lack of social media integration and the limited number of tradeable assets. Overall, though, CopyTrading.trade is a good option for those looking for a reliable copy trading platform.