Social & Copy Trading
Copy trading is one of the newest service in the field of investing in the forex market, In other words Copy trading is a form of investment that involves copying the trades of other traders.
In copy trading, the only research you need to do is to find a profitable trader on a copy trading platform.
BlockLemon offer a simple way to filter through the trading results of experienced traders, When a trader that you follow opens a trade, the copy trading platform opens the same trade on your account,
automatically. You may also choose how much of your capital you want to allocate to a trader, as well as your total risks per trade.
In copy trading system there are usually three parties involved:
- Provider: This is the trader whose trades are being copied. Sometimes they are also referred to as a “Master Trader” or “Signal Provider”.
- Copier: This is the person copying the provider’s trades, using their own trading account.
- Broker: The broker provides access to the copy trading platform (like an app or MetaTrader 4) which allows the provider and copier.