🔥What is Social Trading?🔥

These days, everyone is familiar with social networks, but social trading is only gaining popularity in the world. The opportunity to receive income from investing free funds without having any professional trading experience sounds very attractive.

What is social trading? How does it work? How can you make money from it and not lose anything? What are the pros and cons of this new, emerging
technology? How do you choose a profitable trader and/or strategy and not be disappointed with the
result?

Social trading, a relatively young concept in trading, has not gone unnoticed amongst beginners and experienced conservative investors. It involves the online margin trading field in the cryptocurrency markets as well as forex, stocks, contracts for difference (CFD’s) and other assets.

In short, social trading is a way of interacting on a social network created for traders. Such a specialised network allows users not only to communicate and exchange their trading ideas, but also to trade crypto, stocks and currencies together. Usually, such projects have a built-in functionality for trading in various financial markets and to provide an opportunity to share the results of their trading, share charts and trading signals.