How Social Can Be Profitable
Copy Top Profitable that return over 100% per month.
Social continues to gain in popularity, and is here to stay.
Interest rates plummeting to zero—with some countries adopting a negative interest rate policy (NIRP)—has seen savers’ returns sink in recent years.
Fortunately, alternative investment options exist.
What is Social?
Social is a simple solution that merges successful and willing investors. It represents a method of investing that allows investors to mirror the actions of experienced —be that in the market, the stock market, the bond market or the market—and profit from their activity.
Why Trust Us?
The Broker Review website is a leading resource for online. Created by for , our research provides insightful information and extensive comparisons, exploring 100s of brokers. Our recommendations, therefore, not only help newer, but also old hands as well.
Security, regulation, commissions, customer support, leverage and platform functionality are just a handful of factors you must take into account before choosing a broker to work with.
In a Rush?
No time to read our comprehensive guide right now?
No problem. Following weeks of research, we’ve compressed the critical points and featured
Our Social Platform of choice – FP Markets
the Financial Markets
The process a must undergo to achieve profitable consistency requires unyielding perseverance; a commitment many fail to honour and, as a result, a high percentage of throw in the towel. For what at first appeared a get-rich-quick avenue, can become one of the most exasperating endeavours an individual takes on. Most fail to realise the commitment needed to operate successfully in the markets.
Learning and applying concepts such as technical and fundamental analysis, as well as risk-management strategies, is a time-consuming process, and is particularly difficult in today’s modern world.
This is what makes social an attractive option for both newer and investors.
What’s impressive about social is the option of choosing which to invest with. Most reputable social platforms offer access to a ratings column, detailing features such as top-performing, all- time returns, history, and account details. It’s this transparency that makes social popular.
Start with The Broker Review's Choice- FP Markets
A number of brokers have adopted social applications.
One broker in particular that caught our eye is FP Markets.
With FP Markets, a globally regulated broker, have access to more than 10,000 financial instruments, including, Shares, Indices, Commodities.
Not only are FP Markets considered by many as a one-stop shop for, they recently took things to another level and launched their in-house social feature. In addition to this,
FP Markets work with AutoTrade—a third-party social system provided through Myfxbook.com.
We did some digging and found FP Markets approach to social was simple, yet effective.
Available through both Meta 4 (MT4) and Meta 5 (MT5), opening a social platform with FP Markets is quick and has a number of different funding options.
They also have an awesome method of filtering profitable through their Ratings tab. Here you’re presented with a catalogue of top-performing, detailing profitability. You can extend research by clicking on the of choice and viewing their details, displaying account balance and leverage profile, for example. You also have access to account statistics, trade statistics, and instruments traded.
Another impressive feature is the ability for an investor to alter their risk profile. Here the investor is able to specify things like minimum and maximum lots. For instance, if an investor sets a minimum of 1 standard lot, the provider with volumes lower than the specified selection will not be copied in your account.
Other options allow for the investor to adjust risk-management settings, such as setting the aggregated realised loss of all copied trades since joining the provider. When, or if, this level is reached, the subscription is archived. What’s more, Investors have the freedom to adjust their acceptable level of aggregated floating loss of all copied trades.