Low Cost – You can start investing with a little amount of money. It depends on the platform you choose. In most of them, you can start with only $200, but there are others that you can start with only $10.
Ease – If you don’t invest money in the market because you think it is boring and only smart people can do it, you are completely wrong! Most Social-Trading platforms are easy, intuitive, and fun to use.
Transparency – you can check all data of the people who you want to follow or copy. Many people sell trading courses, trading signals, and craze products promising that you will be successful, but very few of those people make money as traders. In Social-Trading platforms, you will see people who make money, and you decide to follow them or not. It’s not what people are saying but what people do. The platforms act as a third party, and the trader cannot change the numbers to show results better than they really are.
Cooperation – The trader will receive money only if he presents good performance. People will not follow him or her if he or she is not making money. It is an example of win-win cooperation where the traders will make money only if their followers or copiers make money.
Learning – You can use Social-Trading to learn with more experienced traders how to trade by yourself in the future. All those concepts that you have been learning are not easy to do without any help. Using Social-Trading as part of a learning process, you can watch the market, do your own assessment and compare to what other traders are doing. Learning in a live account with all emotions associated with it with an experienced person is a wonderful tool to understand the market. You can learn much faster by doing that.
Relaxing – You can use Social-Trading to relax and enjoy your family because you know that people are working hard to make money in the market for you. Actually, it is the main purpose of social- trading.
Freedom – Social-Trading provides you the right to select the trader you want according to your own risk assessment. If you are looking for high-risk or low-risk investments, you will find a trader similar to you.