Social Trading (MT5)

What is Social Trading MT5?

Social trading on MT5 is a feature that allows traders to interact, share ideas, and copy the trading strategies of other traders within the MetaTrader 5 platform. It is a form of copy trading, where less experienced traders can automatically replicate the trades of more experienced and successful traders

The popular trading platform, MetaTrader 5 or MT5, has a function called ‘sentiment trader’, which enables you to analyse market sentiment and view historical sentiment charts that indicate how other traders have performed.

The service is relatively easy to understand: it displays the percentage of traders who currently have, or have previously had, an open buy or sell position on a particular asset. The indicator uses information from real accounts, rather than just price action.

Adding indicators to your MT5 account can help to enhance your trading and take greater control of your positions

Copy ScalpX

Copy ScalpX might refer to a specific copy trading service or account type that focuses on copying scalping strategies. Scalping is a trading technique where traders aim to make multiple quick trades throughout the day, profiting from small price movements. In this context, "Copy ScalpX" could indicate a copy trading service tailored to copying scalping strategies on the MT5 platform.

Copy Pro

Copy Pro could indicate a copy trading service or account type designed for more professional or experienced traders. It might offer additional features, advanced analytics, or higher minimum investment requirements compared to standard copy trading accounts on MT5.

Copy Rookie

Copy Rookie could indicate a copy trading service or account type denominated in cents. It means that the account balance is measured in cents instead of the base currency. This type of account is commonly used for beginners or traders with limited capital, as it allows them to trade with smaller position sizes on MT5.

Copy Micro

Copy Micro might refer to a copy trading service or account type that allows traders to copy the strategies of other traders using micro-lots. Micro-lots are smaller trade sizes, typically representing a fraction of a standard lot, and are often used by traders with smaller account balances on MT5

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TradingPro International (PTY) LTD (Registration number 2014/202132/07) is a Financial Services Provider authorised and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under the licence number FSP No. 49624. The registered address is at Clive Court Ground Floor, 169 Lancaster Grove, Parkhill Durban, Kwa-zulu Natal

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Clients who are interested in registering must be at least 18 years of age and above to use the Trading Pro service. For traders who want to start trading, one must know and understand the risks involved, if not including possibilities for you to experience losses ahead. One must be cautious when using the currency market. Traders are encouraged to use the margin to assess the level of ones ability.

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Social Trading (MT5)

What is Social Trading MT5?

Copy ScalpX

Copy Pro

Copy Rookie

Copy Micro

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INFORMATION

RISK WARNING