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Social Trading - What Is It, Strategies, Benefits, Examples

Social trading is an online trading that allows traders to connect and share information, strategies, and insights on investment decisions. The main aim of social trading is to help traders improve their trading performance and make more profitable trades by connecting with other traders and sharing information.

Social trading can be profitable, but it requires a combination of skills, knowledge, experience, and discipline. While there have been success stories of traders accumulating significant wealth, it is important to note that trading also involves risks, and not all traders achieve financial success.

finnovel platform is a web based forex trading platform for anyone that uses MT4 and MT5. 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.

Copy trading allows less-experienced investors to mimic the portfolios of more experienced investors in the hope of piggy-backing on their gains. The most successful copy traders are rewarded with a percentage of the funds invested in their portfolio.

Follow me is a FINTECH company founded in 2015 by a group of technically proficient programmers. We provide an open community trading platform where traders and investors from all over the world can share their trading experiences and ideas and publish their trading strategies in real-time. Their real accounts have been connected to more than 4,000 brokers worldwide .