Social Trader
Not just a copy, but a community!
SocialTrader is currently a closed beta environment. We will be open to the public April 2023. Please join our waitlist now to receive updates. Thanks.
How does it work?
Choose a trader
Discover top traders who best match your investment goals
Set an amount
Choose how much money with which to copy — the proportions will be calculated automatically
Hit Copy
Click the “Copy” button to start copying the trader’s positions automatically
Profile of
Testimonials
This is amazing. I found an exellent trader. I love my portfolio performance.
Copy trading is a great way to learn about the markets.
I look forward to when beta ends, and I can invite others to the platform
FAQ
What is crypto copy trading and how does it work?
1. Choose a trader to copy: Crypto copy trading platforms offer a range of traders to choose from– each with their own track record of success. You can analyze their performance and choose a trader whose investment strategy aligns with your goals.
2. Connect your account: To start copy trading, you need to connect your own cryptocurrency trading account to the platform. All funds remain in your account. Connecting simply allows the platform to execute trades on your behalf, copying the trader you have selected.
3. Monitor performance: The platform will automatically execute the trades made by the trader you have selected, and you can monitor the performance of your investments in real-time.
4. Adjust settings: You can adjust the settings of your copy trading account, such as the amount you want to invest and the maximum risk you're willing to take. This allows you to have more control over your investments.
5. Stop copying: If you are not happy with the performance of the trader you have selected, you can stop copying them at any time and choose a different trader to copy.
Who should I follow/copy?
1. Performance: Look for traders who have a track record of successful trades and consistent profits. Social Trader provides detailed performance statistics for each trader, so you can compare their results and choose the one that aligns with your investment goals.
2. Risk profile: Different traders may have different risk profiles. Some traders may focus on high-risk, high-reward investments, while others may prefer a more conservative approach. Choose a trader whose risk profile aligns with your investment goals and risk tolerance.
3. Investment strategy: Some traders may use technical analysis, while others may rely on fundamental analysis or a combination of both. Consider what type of analysis the trader uses and whether their strategy aligns with your investment goals.
4. Investment style: Some traders may trade frequently, while others may hold onto their investments for longer periods of time. Consider what type of investment style you prefer and choose a trader whose style aligns with your goals.
5. Reputation: Look for traders who have a positive reputation and have been consistently successful over time. You can ask other investors for recommendations or read reviews and testimonials from other users.
What are the steps to start copying a trader at Social Trader?
1. Sign up for an account: Go to the Social Trader website and sign up for an account by providing your email address and creating a password.
2. Connect your exchange account: Social Trader connects to popular cryptocurrency exchanges such as Binance and KuCoin via API. To start copy trading, you need to connect your exchange account to Social Trader. This allows the platform to execute trades on your behalf.
3. Fund your account: To start investing, you need to fund your exchange account. You can deposit cryptocurrencies or fiat currency into your account, depending on what is supported by the exchange.
4. Choose a trader: Social Trader offers a range of traders to choose from, each with their own track record of success. Analyze their performance and choose a trader whose investment strategy aligns with your goals.
5. Adjust settings: You can adjust the settings of your copy trading account, such as the amount you want to invest and the maximum risk you're willing to take. This allows you to have more control over your investments.
6. Start copying: Once you've chosen a trader and adjusted your settings, you can start copying their trades. Social Trader will automatically execute the trades made by the trader, and you can monitor the performance of your investments in real-time.
Is my data secure?
1. API connectivity: Social Trader connects to popular cryptocurrency exchanges such as Binance and KuCoin via API, which is a secure and encrypted connection. This ensures that your exchange account information is protected and only authorized personnel can access it. Funds never leave your account.
2. User control: When you connect your exchange account to Social Trader, you retain control over your funds and have the ability to stop or adjust the copy trading at any time. This gives you full control over your investments and reduces the risk of unauthorized access to your funds.
3. Data encryption: Social Trader uses industry-standard encryption technology to protect your personal and financial information.
4. Regular security updates: Social Trader regularly updates its security measures to ensure the protection of user information and funds. This includes regular software updates and security audits.