These are all the features that I would expect from a service of this nature, so it’s good to see that they are all included. 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. We use dedicated people and clever technology to safeguard our platform.

This feature is only available to Pro members and offers trade recaps from both 2020 and 2021. The Pro Telegram Channel is designed exclusively for Pro members and sends extended expert trades, analytics and helpful trading news straight to a member’s mobile device throughout any given day. The Social Traders program enables comfortable trading from home while still being fully connected to an interactive trading community. There really isn’t much in terms of reviews yet online, but there are a couple five star testimonials available on the website.

Social Trader Tools Reviews

This is because sometimes, what we find could have been manipulated. It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

The site encourages and invites all questions to be submitted via email. 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 what is forex signals all traders. The Social Traders provides a highly supportive atmosphere for everyone on the platform. I had asked Duplikium about the latency on my trades copied and I can see that copy is made with an average of 2 ms . Otherwise you can use pending orders with predefined entry price, with Duplikium you can copy them directly on the slave account.

Have You Been Scammed? If You Have Lost Your Money To Online Scammers, There Is An Opportunity You Could Get Back Your Money

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. We are a new cloud-based automated trading platform that enables non-emotional algorithmic decisions.

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 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. 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.

• All traders have to do, is upload their account credentials and then the account can be managed directly via this platform.
• This way, you’re able to copy your trades automatically onto the other brokers and limit your potential losses, should the worst happen.
• If you are looking to start a trading business or have an existing brand, you can whitelabel our platform and offer out signals to your own audience.
• The dashboard allows you to add pretty much unlimited MT4 accounts, regardless of which broker you’re using.
• If you are a trading expert, register as a partner, and let’s grow business together!
• 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.

However, it does not work with some trade strategies due to latency slippage. The back end allows the ability to configure a minimum slippage, but we have found that under 3 pips trades are not executed. 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. If you have anything you would like to add, please leave your questions and experiences below the article now.

Social Trader Tools Reviews

This really is a great tool for fund managers and traders looking to take on more trading accounts. Social Trader Toolsis a platform built for forex traders looking to copy trades from one account, to multiple others, automatically. 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.

Upload, post and share trading-related content with other members who are there to do the same. This feature makes it incredibly easy to connect with other like-minded traders. 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. You can use our Publishing & Social Tools to achieve various goals — from adding a real-time stream of ideas to building an entire social network just like TradingView.

Social Trader Tools is a web based platform for anyone that uses MT4. Social Trader Tools is a service that offers copy trading, account management and Forex signals. Used it for a month with only two accounts , then I upgraded the plan and added one more account BAD MISTAKE! Social Trader Tools has no reviews on either platforms, which is rare and almost slightly worrying. With that being said, they do have a range of testimonials on their own website from traders and fund managers having a lot of success with the platforms offering. I personally like to look at reviews more on third party sites, rather than a companies own website where they can potentially cherry pick the good reviews.

These prices are honestly very competitive compared to some on our Top Forex Trade Copiers List. As you can see from the video above, setting the trade copier up is extremely quick and simple. 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. 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.

An excellent resource for understanding the mentality and mindset behind the trades. Communicated with them several times already through email, and they answered you in short, cold sentences as if we were in a WhatsApp/iMessage conversation. Sometimes it loses connection to the server and it could be irritating when that happens, but so far it happens very rarely. Awful Awful, Lost a lot of money with these incompetent money grabbers.Go for the traditional copiers that uses VPN. To enable our products to be live tested we needed to import the expertise. If you have any experience with this platform please do drop a comment down below – I’d love to hear your experiences.

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%. 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.

Grab TradingView’s top-notch publishing and social tools for your site. The integration is so smooth that your visitors won’t know that these are widgets, and not native functionality of your site. Centralize all your work, processes, tools, and files into one Work OS. Connect teams, bridge silos, and maintain one source of truth across your organization. Monday.com Work OS is an open platform where anyone can create the tools they need to run every aspect of their work. By the time you with the inside information in this detailed guide you’ll know exactly why does MT4 say no connection, how to troubleshoot the issue in a hurry, and how to get yourself back up and… If you have lost your money to online scammers, there is an opportunity you could get back your money.

Pricing wise, Social Trader Tools is going to set most traders back around $60, to copy trades onto 5 accounts at once. 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.

Social Trader Tools Features

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.

Usually, companies will have a huge amount of reviews on Trustpilotand ForexPeaceArmy, which is where we usually take a look. This isn’t a feature that any of the other leading trade copiersoffer, so I would certainly take advantage of this soon if this business model would be of interest to you. 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. It can be used to show trading results and terms can be defined for users to either follow signals for free or pay.

It requires lots of experience to use the tool and we found that it is useful for account managers, trade copiers and signal vendors. With this platform, account managers can manage many trading accounts at the same time using his/her platform. They do not need special software, complex configurations nor VPS servers. The trade copieris the most popular feature within Social Trader Tools platform.

Download My Free Robot

This is even going to be useful for traders with multiple prop firm funded accounts, to have them all in one place. 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. When it comes to the signal providers, there is a built in signal page. 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 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. 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. The dashboard allows you to add pretty much unlimited MT4 accounts, regardless of which broker you’re using. Having all of your accounts/investor accounts compiled in one dashboard is so useful for money managers or traders scaling up their operations.

Community

Now we know what the platform actually is, let’s take a look at the features in a bit of depth. We’ve been serving the community over 10 years, and have a lot of respect for every single one of our readers. If you ever need assistance, you can email me, and I’ll respond, I promise. Sign up to our newsletter for free robots, ea’s and trading secrets.

Take advantage of the Slack discussion board or the Community Telegram channel to connect with other like-minded traders. Pricing for The Social Traders is rated 4 out of 5 due to the https://xcritical.com/ extensive list of resources offered to members of the free tier. The Slack Workspace Community gives traders a centralized location to discuss, collaborate and share trading insights.

The Social Traders Vs Competitors

Copy Top Performing Traders from different Brokers easily and reach your investment goals! Traders join ZuluTrade, connect their account and share their trading strategy. ZuluTrade ranks Traders based on performance, stability, behavior and…

Social Trader Tools is by far the most advanced & simple-to-use software that is out today for traders. 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. The copier is one of the best on the market and definitely ranks higher than most of the Top Forex Trade Copiers.