Forex trading social network
Social networking has become an essential part of our everyday lives, and forex brokers are starting to join forex bandwagon. Not only is this a viable marketing strategy, it can also help traders improved their profitability. Forex broker FXOpen recently partnered with FX Stat, a free forex trading analytics platform, to allow their clients to benefit from social trading. This is particularly encouraging for newbie traders since they can choose to follow the best performing traders and copy their trades. It also allows the user to manage several accounts from one place and provides daily, weekly, and monthly trading activity reports on each account. InterbankFX IBFX just launched their very own FX trading social network: This enables their clients to analyze the strategies of other successful IBFX traders and follow their trades. Likewise, traders also have control over their privacy setting to restrict access to trading profile. And the best thing about it? Also on the social networking bandwagon is eToro with its Open Book that allows users to see trades of other people and copy them in real-time for free. Now the network is kicking its social network up a notch with its latest feature, CopyTrader. According to the eToro website, all you have to do is choose which traders you want trading copy trades from and specify the amount you want trading risk on their trades. Because eToro gives its clients access to its very own social networking platform, it has greater oversight and users can be assured that the traders they follow are in fact, real people; not just automated machines! You can have access to just about all these features through Mt4Pips. Just as long as your broker offers an MT4 platform, you can set up an network on MT4Pips. Writing down and discussing your observations on the market, and yourself, helps you deal with one of the crucial components of trading—your own psychology. Prosperity is a forex teacher; adversity social a greater one. We introduce people to the world of currency trading, network provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. BabyPips The beginner's guide to FX social News Trading. How to Trade Forex Trading Quizzes Forex Glossary. August 24, 8: Partner Center Find a Broker. With a last name like Ninja, I decided long forex to social in espionage. And with my first name being Forex, you guessed it, my other pasison was, well, anything and everything FX. Naturally, I decided to combine my two loves into one, "spying" on the forex industry which I call "espipionage. I also profile existing companies that are making an impact on retail forex traders, all for your benefit. Set your night vision goggles ON. More from Forex Ninja. Privacy Policy Risk Disclosure Terms of Use.
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