Join the Social Trading Revolution

Social trading is a revolutionary way of trading where investors automatically copy the strategies of experts.

Social trading has three major benefits:

1) It doesn't need trading experience or knowledge

2) It works automatically, so you don't have to spend hours in front of the screen

3) It allows you to benefit from the years of training and study of experienced traders, by copying their trades and imitating their performance

Our Step by Step Guide

We have created a step by step guide on how to use social trading correctly and build a successful portfolio of top performing strategies.

You will find all the information you need, including what strategies to follow and how to allocate your budget.

Follow the steps below and you will be all set:

Step 1: Register With The Platform

We recommend using Exness as the social trading platform. Exness is the biggest broker in the world, and its Social Trading platform is also a leader in the field. It benefits from having a very big community of traders and strategy providers, while also enjoying the low spreads, excellent execution and instant withdrawals that Exness is famous for.

The strategies we have selected for you are only available on the Exness platform, so the first step is to open and set up your account.

Click below for the Exness Social Trading website:

https://social-trading.exness.com

The website will open in a new tab, so you can complete your registration with Exness without leaving this page.

Once you create your Exness account, you will need to verify your identity with Exness in order to be able to deposit money. As a regulated broker, Exness is required to comply with Anti Money Laundering laws, so it needs to verify your identity before allowing you to make any deposit.

The verification process is swift and should be done pretty fast if you follow all their steps.

Step 2: Fund Your Account

After verifying your account, you will be able to deposit funds into your Exness account. You can do this through several methods, including debit cards, cryptocurrencies and several e-wallets.

With Exness, deposits and withdrawals are instant, so this process will only take a few seconds.

At this step you will need to choose the amount you are willing to invest.

For our micro portfolio, we recommend at least $350 (but it can be done with as low as $70).

For our standard portfolio, we recommend at least $1,000.

For the premium portfolio, we recommend $6,000 or more.

Once you fund your Exness account, you will need to transfer the money into your "Investment wallet", as this is the special wallet used for Social Trading.

Step 3: Build Your Portfolio

Once you have funded your Investment Wallet, it is time to click on the "Social Trading" tab in your Exness account and start adding your strategies.

Choosing the right strategies is the most difficult part when it comes to social trading, and many people make the big mistake of following the "most copied" or the "best return" strategies.

However, this is not the correct approach when it comes to social trading, because such strategies are usually very volatile and risky, and they have very high performance fees. Below I will explain why.

When you see strategies with staggering historical performances (like 5,000%), they are the result of hazardous gambling by the strategy provider. Some traders start many strategies at once, and gamble heavily with high leverage in order to try to hit a "home run". Most of their strategies lose all the money, but sometimes they get lucky and hit a very high return on one strategy. They do this to become more visible on the platform and attract followers, because their goal is to charge a high 30% performance fee from their followers. Once they hit such a lucky strike, they barely trade on their flagship strategy in order to remain in the platform's top ranking, waiting for followers to pile up. Once they get enough followers (usually after a few months of low activity), they may gamble again to try to get that 30% performance fee from many investors at once. Such strategy providers have a clear strategy to attract investors, but they are usually not the best traders. Their flagship strategies will most likely never replicate that huge success from the first month, because that was the result of pure luck.

To make things easy for you, we have filtered through all the strategies in the Exness platform and made a selection of strategies that are more reliable and have very low performance fees. Those are strategies of good traders, and the best part is that they charge zero or very low performance fees.

All the strategies we have selected are in the "Low Fee" category, so this is where you will have to look for them. They have either 0% or 5% performance fee.

We have three options of strategy portfolios, depending on your investment amount. For budgets between $70 and $700, we have the Micro Portfolio.

The Micro Portfolio

This portfolio is comprised of seven strategies with a minimum investment of $10 each. This means that you can copy them all with as low as $70. We recommend to allocate equal amounts to each strategy, for a balanced portfolio and reduced risk.

You will find all the above mentioned strategies in the "Low Fee" list. When clicking on that list, you will first see all the strategies with 0% fee, and when scrolling further down, the strategies with 5% fee will load as well.

When you find each strategy in the list, click on it, and then click on "Start Copying". Then you will select the allocated amount for the strategy.

If your budget is $350, you should put $50 in each strategy. If your budget is $525, you can put $75 in each strategy. Basically speaking, your budget should be a multiple of 7, and you should allocate the same amount to each strategy.

For budgets of $1,000 or more, we have a larger portfolio of 10 strategies, as you can now unlock strategies with a minimum investment of $100.

The Standard Portfolio

This portfolio is comprised of ten strategies. We have the seven strategies from the micro portfolio, plus three new strategies that have a minimum investment of $100. Since we use equal weight for each strategy, you need a minimum investment of $1,000 in order to use all ten strategies.

In this case, your budget should be a multiple of ten, so you can allocate equal amounts for each strategy. If you have $2,000 to invest, you will put $200 in each strategy. Since this portfolio comprises ten strategies, it is very easy to distribute your budget.

We strongly recommend using this portfolio if you can afford it, as it provides more diversification and has three additional solid strategies from very good providers.

The Premium Portfolio

This portfolio is for big budgets, as it includes some premium strategies that have a minimum investment of $500. It is the standard portfolio plus the two additional strategies, so it has a total of 12 assets.

Since we recommend equal weight for all strategies, you will need at least $6,000 to invest $500 in all the twelve strategies.

Step 4: Wait and Rebalance

Once you have built your portfolio, you are fully set up and ready to go. You simply need to wait for the strategies to replicate themselves automatically.

This is when you will let the magic of Social Trading do its thing. You don't have to login to the platform or do anything else, the system works on autopilot. You can check your portfolio from time to time in the "Assets" section of the Social Trading tab, to see how it is doing.

Just like with a portfolio of stocks, you only have to wait for the growth.

At the beginning of each month, we recommend a rebalancing of your portfolio. Since the strategies will perform differently each month, the value of your assets will be different after one month. Most of them will grow, but some of them will also decrease in value, as it is impossible for every strategy to grow every month. This is why we are using a portfolio of strategies and we rely on diversification to reduce risks.

In order to avoid concentration risk, you should reapply the equal weight for each strategy. This means that you should move some of the gains from the best performing strategies to the least performing ones, so that they will start the month with equal budgets. In the long term, all the strategies are expected to perform well, but their performance will vary from month to month, so it is best to always have equal weight at the beginning of the month, in order to avoid too much concentration on a single strategy.

The rebalancing is not something you must always do, but in general, if you see one strategy becoming too big compared to the others, or one of them too small, it is good to adjust. You want them to be weighted as equal as possible, for a more stable total result.

Final Words

Please note that all the strategies we recommend are provided by traders we have no affiliation with. We don't know them personally, and the only reason why we recommend their strategies is because they had a good and stable performance in the past, and we are following them ourselves in our Investment Account.

There is no guarantee of profit when it comes to trading or investing, but a balanced portfolio of high quality strategies reduces the risks and increases the chances of success. We think this is the best hands free approach to trading, and it is the cheapest and most effective way for regular people to invest in active trading strategies.

If you have low tolerance to risk or you don't have much money that you can afford to lose, it is best to test Social Trading with a very small budget until you are more confident or you can afford to risk more.

You can also do your own due diligence and check out more strategies from the platform, and build an even more diversified portfolio with more assets. Our selection is a very solid one, but there are many other good strategies waiting to be discovered.

Always remember to diversify your strategy portfolio and to never put all your eggs in a single basket.

Good luck!

Disclosure: Any information presented on this website does not represent investment advice.

Risk Warning: Investing involves high risks, including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

You should consider whether you can afford to take the high risk of losing your money. Before deciding to trade you should be fully informed of the risks and costs associated with investing with the financial markets. The data contained in this website is not necessarily real-time nor accurate. BEST BROKERZ and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your investment, or your reliance on the information contained within this website.

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