What is Copy
Trading?
GiC TradexCopy Trading allows you to find, follow and copy successful traders automatically. There is no need to build your own trading strategy or conduct research on forex markets. Copy trading removes the complexities of trading forex and CFDs. Find out how it works and take part in the largest financial markets in the world.
How to Start
Copy Trading
Copy trading with GiC Tradex
can be done in a few simple steps:
Step 1 | Open An Account
GIC Tradex offer copy trading through the powerful MetaTrader 4 and MetaTrader 5 platforms. Open a trading account and deposit using one of our many funding options.
Step 2 | 'Choose' the best
traders to follow
Find and follow the most successful traders. Our detailed Ratings Page ranks Providers based on their profitability over a given period of time. It includes their full trading history and past performance. To replicate their trading behaviour simply click 'Follow'.
Step 3 | 'Copy' Trading options
One of the many benefits of our copy trading platform is functionality. We offer multiple copy trading modes and there is no limit on the amount of Providers you can copy. Try copying multiple Providers that use different trading systems and find out which best suits you.
Step 4 | 'Control' is still in your hands
Although you are replicating the trading behaviour of others, GIC Tradex copy trading allows you to maintain control. You can activate and deactivate copy trading with the press of a single button. Login to the Social Trading portal using your MetaTrader 4 or MetaTrader 5 credentials and use risk management options including stop loss and take profit orders.
GiC Tradex provides successful and experienced traders with the opportunity to become a Provider. Here’s how:
Step 1 | Open An Account
To become a Provider you must first have an active GIC Tradex live trading account. If you do not have one already, open a Live Account and deposit using one of our many funding options.
Step 2 | Register
Go to the Provider Registration Portal and complete the registration form using your MetaTrader 4 or MetaTrader 5 credentials.
Step 3 | Create
In order to have an active Provider account you must ‘Create an Offer’. Name your offer, select a performance fee and choose an interval at which it will be charged.
Step 4 | Monitor
Login to the Social Trading portal to monitor your Provider account. Here you will be able to view the status of your Offer, Copier details and monitor performance fees that have been earned.
No need to develop your own trading plan
Follow performance of successful traders in real-time
Mirror trading behaviour of professional traders with a proven track record
No need to make any trading decisions
Maintain control: Functionality allows multiple copy trading options and risk management strategies
Completely automated trading
Copy Trading
with GiC Tradex?
The growing interest in Forex
Trading and Contracts For Difference (CFDs) has seen
the emergence of a new class
of traders that prefer to analyse the performance of
experienced traders and replicate their trading
behaviour.
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Social Trading FAQ
What is the difference between a Copier and
Provider?
What is the difference between
a Copier and Provider?
A 'Provider' is the person who's trading behaviour is being mirrored. Providers include successful traders who 'Offer' others the opportunity to copy their trades. A 'Copier' follows a 'Provider' using a copy trading system that automatically replicates their trading activity.
What is the best Social Trading platform?
What is the best Social
Trading platform?
GiC Tradex Social Trading on MetaTrader 4 allows you to become a part of a community that shares in success. The copying system allows traders to choose from a variety of copying modes while the ratings module provides detailed performance statistics. The design of the interface is informative courtesy of transparent dynamic charts and tables. Discover our range of account types and start social trading with GIC Tradex today.
What is Social Trading in forex?
What is Social Trading
in forex?
Social trading in forex involves the process of learning about the trading strategies of experienced traders and analysing their performance using a wide range of statistical data. Social traders also have the option of replicating the trading behaviour of other traders through a copy trading platform.
Like other forms of social media, users can seek help or share their trading information with others. Social trading helps inexperienced traders become familiar with new concepts such as derivatives trading and leverage.
To learn more about forex trading, visit our Traders Hub Blog.
How do I set up my Social Trading account?
How do I set up my Social
Trading account?
Social trading with be done in a four easy steps:
Open a trading account
Go to the Ratings Page and follow a Provider
Login using your MetaTrader 4 credentials
Start copy trading
Can you make money from Social Trading?
Can you make money from
Social Trading?
Just like other forms of trading, you can make profits and losses from social trading. One of the benefits of Social Trading is that the performance of the listed traders is completely transparent. Their historical trades and trading statistics are updated in real-time to ensure that the information provided is accurate.
Anyone interested in social trading should consider their financial situation, become familiar with a variety or risk management strategies, and read any disclaimers.
How do I become a social trader?
How do I become a social
trader?
Social trading can be an effective way for new traders to gain exposure to financial markets. They are able to copy the trading behaviour of successful traders and accelerate the learning process. Social trading can provide a good stepping stone but should be accompanied by additional research and knowledge.
Read our Beginners Guide To Forex Trading and become familiar with the concept of CFD Trading