What is Social Trading?

Describe the definition of Social Trading

Social trading transforms traditional investment by merging financial markets with social networking. It creates a collaborative trading environment where users and traders can connect. Users without prior financial or trading experience are able to learn from seasoned experts. Expert traders are able to share their trading strategies with those eager to learn.

Core Concepts of Social Trading

The goal of social trading is to create an environment centered around sharing financial market expertise. Think of it as a community that makes investing more inclusive and transparent.

At its core, social trading encompasses the following two concepts:

• Trading Transparency: Every trader's historical performance, profitability, and risk ratings are open for all to view, allowing users to evaluate the feasibility of their strategies.

• Knowledge Sharing: By sharing market insights and strategies, traders foster a learning environment for all.