Are you looking for successful traders or professional investors to follow their moves?
Maybe copying their operations directly and automatically on your account?
Then you just have to continue reading and discover the best copy traders services.
In this review you will find:
- The link to the essential resources necessary to copy other traders correctly
- The link to our procedures to find the best traders
- The lists of the best forex and stock traders to follow or copy
Table of contents
How to FOLLOW professional and successful traders
Over the last years a new way to invest and obtain financial information has born in the world of finance and retail investment.
We are talking about Social Trading.
If you want to deepen the subject you can consult our guide What is Social Trading.
To get straight to the point, Social Trading is nothing but the participation, within a network, of traders operating on the markets on one side, and investors eager to find information, tips, guides, and even directly operating signals on the other.
In other words, with Social Trading every novice users in the field of investments can leverage the knowledge and experience of the most experienced and successful traders after assessing their performance and the actual capacity.
Yes, because in Social Trading transparency is a key element (this is why, for example, many users want to make sure eToro is safe before start to trade with it).
Usually, traders subscribed in these networks are recorded in all their operations, in order to form a real prospectus about their performance.
There are various forms of Social Trading.
The most common is the one that allows you to follow these successful traders like you would with a common Social Network such as Facebook or Twitter.
Basically, you can tap into news feeds published by these traders to follow their opinions, what they share, what they think about the market situation, what are their strategic plans, and in many cases what positions they are opening or closing.
Obviously, since they are Social Networks, you also have the opportunity to interact with the other participants, just as you would on Facebook or Twitter.
Among the best Networks, where you can follow the best forex and stock investors, there are:
How to COPY professional and successful traders
Another form of Social Trading is the one that is more specifically called Copy Trading.
Like the term suggests, with these solutions you can copy, and not just follow, the operations performed by other traders or successful investors.
The most interesting part is that, with most of the Copy Trading companies, you can fully automate this process, making sure that everything that a successful investor performs on his account will be automatically and proportionally replicated on the account of the investor who decided to copy him.
In addition, you can copy more than one trader or investor, always within your account, and you can even copy funds.
In essence, you can create what is called a People-Bases Portfolio (as opposed to the classical Portfolio).
In Copy Trading, being a real investment, the level of skills required of course increases, along with the risks.
Among the best companies and brokers for Copy Trading there are:
WHERE and HOW to find the best successful investors
In each of these Social Trading networks you can find successful traders and investors if you know what to look for and you have a professional methodology.
We have created two unique content of their kind for quality and completeness (as witnessed by several feedback and comments received from our users).
In these guides you can find, in the first place, a practical, professional and above all effective methodology to start from scratch and learn to find yourself the best stock trader and forex.
This does not mean that on other networks there are no successful traders, indeed.
To learn how to effectively search the best traders in any network we have created several guides.
All free and at your disposal.
But let’s get down to business.
Here at last the links to our two guides to find the best traders and investors in the equity and currency:
What do you think? Have some questions?
Let us know in the comments below.