First, you will need to select a broker to partner up with. Choose a regulated broker like easy markets that offers you security, a wide selection of assets and customer support.
Now its time to open an account on an automated platform (mt4). Here at easy markets, we offer well-known options like global market.
Once your account is active,You will start copy trading. This usually includes P&L, and risk profile. Select the copy trading program from Global Market.
Who Provides the Trading Signals?
global uses top quality sources for its copy trading. These parties include hedge funds, expert brokers, and money managers. This means that if you use copy or mirror trading with global market, you are essentially gaining valuable access to seasoned traders, allowing you to copy their trades and benefit from their experience. Taking advantage of this trading strategy can be highly lucrative. In fact, many social traders, new and experienced, have had the opportunity to gain direct access to the top traders on the platform and have increased their trading success significantly.
Copy Trade with global market We offer you a good choice of some of the most well established copy trading services. We also collaborate with signal providers to get you market alerts and trading notifications. Here are the products we offer:
With a large variety of signal providers to choose from
Easily and conveniently copy trades from multiple signal providers
Connect with your peers and automate your trades. Perfect for both beginners and advanced.
The combination of global market reputation with the best signal providers, gives traders the security in knowing that their trades are in the safe hands of some of the best traders.
What are Trading Signals?
With trading signals, you receive notifications which are like suggestions of what to trade, when to enter or exit the trade and what stop loss or take profit orders to implement. You may receive them by SMS, email or through a dashboard. Of course, it’s important to use a signal service that gets more successful than unsuccessful trades. However, like all things related to trading, there is always the risk of losing your funds, as no one can read the future. Usually Signals are generated on the basis of a variety of technical indicators, especially the strong signals. You can of course create your own signals, by using technical analysis and implementing studies and indicators on to your trading charts.
Social Trading Vs Copy Trading
Copy trading is considered a form of social trading, but the two trading methods have some differences. Copy trading ties up your account with another trader in that their positions are automatically replicated in your account. If they turn profits, you win; and if they lose, you lose. Copy trading is more passive because the trader does all the work you are copying, and in most cases, the process is entirely automated. However, some platforms and copy trading apps are semi-automated, but you are only limited to deciding which trades you wish to copy. Copy trading is generally ideal for beginner traders as it allows them to trade way beyond their level of experience or expertise. Some of the significant downsides of copy trading are that it inhibits learning, and traders can suffer huge losses if they follow unsuccessful traders. On the other hand, social trading is a broader strategy that incorporates social media into investing. The focus is on the community, with traders able to interact and share and get notified of each other’s trading activities. Some of the features that a social trading platform may include message boards and chatrooms to share trades and talk about strategies, customizable social news feeds that update investors on the activities of their favourite traders, as well as comprehensive access to trader statistics, such as portfolio, risk score, their personal news feed, as well as fail/success ratio. Social trading allows investors to learn and contribute to the community, and it provides access to numerous investing resources. However, it is more engaging and time-consuming than copy trading, and investors may get caught up in the ‘social media’ aspect and miss out on great opportunities in the market. Both social trading and copy trading are useful trading strategies. It is, however, essential to select a strategy that suits your trading needs and preferences at any given time. global market offers a range of solutions, including a social trading app and copy trading platforms. It is vital to select the most comfortable one that meets your trading needs and preferences.