Frequently Asked Questions
Find answers to common questions about our services
Investing with Confidence: A Guide to Social Trading
Social trading is a form of investment that allows you to copy the strategies of experienced traders. It is a great way for new investors to learn the ropes and benefit from the expertise of more experienced traders. Here's how it works:
First, you have to choose a provider whose goals align with yours to follow. You can review their past performance, risk profile, and strategy to make sure it is a good fit for you.
Once you have chosen a provider, you need to determine your investment amount. This will be the amount of money you are willing to invest in the provider's strategies.
Next, you need to open an account with a copy trading platform. This platform will automatically mirror all positions of the selected provider in your trading account.
You can then add additional funds to your account if needed. This is important as it allows you to benefit from the provider's strategies with a larger amount of capital.
Finally, you will be charged a performance fee to the provider for any generated profit. This fee is usually a percentage of the profits generated by the provider's strategies.
Social trading is a great way for new investors to get started in the world of investing. By following the strategies of experienced traders, you can learn the ropes and benefit from their expertise. Just make sure to choose a provider whose goals align with yours and determine your investment amount before getting started.
What is join link ?
This join link is restricted to a select group of investors, and it is the provider's responsibility to distribute it among this specific audience.
What is Private & Public visibility meaning ?
Tradingpro grants its providers the option to become private or public.
Private copy trade
Private Providers are hidden from the public listings (both in Ratings and in the Client Portal). The only way to follow such Providers is via a Join Link to their Offer.
Join Link is a web link leading to a Follower registration page where the Provider and the Offer are predefined. It can be used more conveniently to share a subscription link. Optionally, a Join Link may also have an expiration date after which the link becomes inactive (the Offer continues being active, though).
Being private can be helpful for Providers who do not want to share their strategy with broad audiences but only with a few people they know personally.
Offers can be private as well, such Offers are also available for Followers only via Join Link. Public Providers can utilize Private Offers as well. For example, the Join Link can be secretly shared somewhere externally, e.g., on social media, and the Followers proceed by getting a time-limited promotion with Performance Fee discounts from the Provider.
Public copy trade
In public copy trading, the trading activities of participants are visible to the broader community within the copy trading platform. Signal providers (experienced traders) make their trading strategies and performance data publicly available on the platform. Any user on the platform can choose to follow and replicate the trades of these public signal providers. Public copy trading platforms often emphasize a community aspect, where traders can share insights, discuss strategies, and learn from each other.
What is offers /provider's offers?
Offer is a list of conditions by which a Provider works with their Followers. It determines:
The Performance Fee paid by the Followers for the Provider’s service;
Periodicity of Performance Fee payments;
How this Provider can be followed (publicly, with a join link, with an agent);
Minimum balance a Follower account has to have in order to follow the Provider.
It is required for a Provider to have at least one Offer to allow Followers to join. Providers can create several Offers to let Followers choose between the joining conditions. Providers can edit their Offers at any time. Providers also can archive their empty Offers to remove them from the list of available Offers.
How to join as provider copytrade Tradingpro?
The step will be divided into few section;
Create the type of account
Become Provider
Create Offer
Internal Transfer funds
- Create the type of account
- Login to your client portal
- Navigate to the social trading section at the top of your client portal.
- Click "Join as Provider"
- Create the type of trading account you would like to use and continue following the next instruction.
- Become Provider
- Create your nickname for copy trade. This name will appear on the provider ratings
- Choose the type of account
- Choose your visibility type: "Public" or "Private."
- An account password is a trading account password that you create during creating a trading account at step "create type of account"
- Create Offers
- After submitted your for at step two. Syste will appear section "My Providers"
- Click View your nickname that you create
- Stroll down and click create offer
- Create the nickname for offer - performance fee - Interval - public agent fee - minimum balance
- NEXT!
- Internal Funds
- Click at traders menu
- At the funds section select "Internal Transfer"
- Choose trading account from which account/wallet to copytrade account that you create
- Continue to follow instruction
- You are ready to start your journey of copytrade with us