I told them that not a single trade on my master account has been opened and closed, then how are all these trades being opened and closed every day. I told them I would sort it out on Tuesday 18 July but they still cancelled my subscription thus incurring me over £4000 loss. And I https://www.xcritical.com/ would highly recommend to everyone to stay away from them as you would never get any help from these guys. I’ve been in dozens of trading communities and read hundreds of books and courses.I can’t remember how I came across Social Traders but I joined their free Telegram channel.
Social Trader Tools is a comprehensive trading platform that provides a range of tools and features designed to help traders improve their performance. The platform offers trade analytics, a trade copier, advanced charting tools, an economic calendar, risk management tools, and more. The pricing structure of Social Trader Tools is flexible, with three different plans to choose from that cater to traders of all levels. The Starter plan provides basic features at an affordable price, while the Standard and Professional plans offer more advanced features and support options for more experienced traders. Customer support is available through email, live chat, a knowledge base, and social media platforms. While the response times are generally quick and the quality of support is good, some users have reported occasional delays in support responses.
REVIEWS
All traders have to do, is upload their account credentials and then the account can be managed directly via this platform. Overall, Social Trader Tools provides good value for money, with a range of pricing plans to suit different budgets and needs. The charts and graphs are visually appealing and well-presented, making it easy to analyze trading data. Users can view multiple charts simultaneously, and the platform supports various chart types, including candlestick, bar, and line charts. The platform follows strict security measures and protocols to ensure that user data and funds are protected. It uses advanced encryption technology to secure user information and transactions, and it also employs multi-factor authentication to prevent unauthorized access.
- Pricing for The Social Traders is rated 4 out of 5 due to the extensive list of resources offered to members of the free tier.
- Overall, Social Trader Tools offers a variety of tools and features to help traders execute trades effectively and efficiently.
- In this review, we will be evaluating the platform’s features, ease of use, pricing, customer support, and overall value.
- Navigating the platform is straightforward, and it’s easy to find all features and tools.
- Users can easily create and automate their trading strategies using the platform’s drag-and-drop interface, without requiring any coding knowledge.
The trading journal also provides a range of analytics and reporting tools that allow users to analyze their performance over time. This includes metrics on total profits and losses, win rate, average profit and loss per trade, and more. The trading signals feature can be particularly useful for traders who are not able to constantly monitor the market themselves.
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Now we know what the platform actually is, let’s take a look at the features in a bit of depth. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Claim your profile to access Trustpilot’s free business tools and connect with customers. Highly recommend this group to anyone whether you are new to trading or just started finding your feet. The group is excellent and their style of tradong/teaching is really clear cut, simple and easily understandable.
From beginner traders to experienced professionals, Social Trader Tools provides a suite of user-friendly, yet powerful tools designed to help traders achieve their goals. Manual error is one of the largest causes of loses with forex https://www.xcritical.com/blog/what-is-social-trading-and-how-it-works/ traders, mostly in the retail sector. By completely automating the copier accounts, presenting the risk measures and account management features, you completely remove the chance of human error taking place on the copier accounts.
Starter Plan:
With its intuitive interface and customizable options, it is an excellent choice for traders who want a simple yet powerful trading platform. Overall, the pricing and plans offered by Social Trader Tools are competitive and provide good value for traders looking for a comprehensive trading platform. Overall, these features and tools can help traders make more informed trading decisions and improve their overall trading performance. By using the trading journal to track their trading activities, users can identify patterns and trends in their performance, and make adjustments to their trading strategy accordingly. They can also evaluate the effectiveness of different trading strategies and make data-driven decisions about their future trades. Furthermore, Social Trader Tools provides advanced analysis tools that allow users to make more informed decisions and identify potential risks before they materialize.
The Social Trader platform is a great option for both experienced and novice traders who want to trade stocks, options, currencies, commodities, and other financial instruments. The user-friendly platform offers helpful tools such as charting software and market news updates to help users stay on top of the markets they are trading in. Additionally, the platform’s “Trade Ideas” feature allows users to see what other successful traders are investing in so they can follow their strategies or create unique ones of their own. With its low subscription fees and customer support team available via email and phone, the Social Trader platform is a great choice for those looking to improve their trading skills online.
Very bad support and service…
Little is mentioned regarding user experience with The Social Traders mobile app; its primary function is to connect traders via the Telegram Messenger feature. Pro members receive updates, analyses and trade ideas throughout the day straight to their mobile device. Little information is provided about The Social Traders app — though nothing negative has been reported. This feature is only available to Pro members and offers trade recaps from both 2020 and 2021.Trade Recaps are updated on a weekly basis and cover the trades highlighted in the Pro and Free Telegram channel. An excellent resource for understanding the mentality and mindset behind the trades.
The platform provides users with the ability to interact with other traders, share ideas, and exchange information about the markets. This can be particularly useful for novice traders who are still learning about the industry and need guidance in their trading strategies. The platform offers a range of risk management tools that help traders limit their exposure to potential losses.