Introduction of LiteFinance's Social Trading platform - Investors and Traders
Introduction of LiteFinance’s Social Trading
Use copy trading to discover the world’s most successful traders or become a laundry legend.
The automatic copy trading system Soсial Trading allows you to copy the best trades, trade independently, share information and communicate with your suppliers.
Through LiteFinance’s copy trading system, you can adopt the experience of successful traders or share your own success with others. Specify your goals, choose the role that suits you, and achieve your goals!
A professional network for traders to copy trades on the financial markets
Synchronize your trades with a provider of successful trading strategies!
Profit by copying trades of successful traders: become a copycat or a fan, copy trades, chat, earn money.
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How does Forex Copy Trading work?
Social Trading brings together successful traders from around the world, where they can apply each other’s experience to achieve their goals.
Copy successful traders’ trades and make money from day one, or offer your profitable trades for others to copy for extra commission income.
Incorporates all opportunities for success:
- Trade yourself
- Copy Professionals
- Offer your trades to be copied by others
- Chat with traders from all over the world
- Subscribe to Veteran Trader’s Analysis, Signals, Forex Blog and Personal Channel
- Get your own channel with useful information or create chats with traders who copy you to level up your platform
Go to LiteFinance (LiteForex) Official Website
Are you an experienced and successful trader?
Traders work on their accounts, share trading achievements and communicate with subscribers in chat. In addition to profiting from their own trades, traders also earn additional income from a portion of the profit from copying accounts.
1. Register on the platform
Complete quick registration and deposit funds to transfer funds to your account in a convenient way.
Open LiteFinance (LiteForex) Account
2. Offer your transaction to be copied by others
Open your client for copying: To do this, click the arrow next to your avatar in the upper right corner, then go to My Clients . Fill in your personal information in the verification menu at the top.
Next, edit your profile in my own area: add your avatar and nickname, describe your trading strategy and give you some advice about traders in my area. Set up an account to copy and set what you want Percentage from copy trader’s profit.
Go to LiteFinance (LiteForex) Official Website
3. Trading profit
Trade profitably on the web platform or in the MetaTrader trading terminal and move up in the rankings to attract copy traders. The more stable your trades are, the more traders will copy you and the higher your income date will be .All major currency combinations and cross rates, 20 cryptocurrency combinations, precious metals, oil, company stocks and stock indices can be traded.
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4. Boost your account to attract copy traders
Share trading achievements and strategies. Chat in Trader Chat, create effective information channels, share links with friends on your social network and also share links in specific forums or Forex blogs.
Progress tracking on your client-side.
Go to LiteFinance (LiteForex) Official Website
5. Get an extra bonus
Every day you will receive a commission on the profits made in your copy trader account. The more copy traders you attract, the more successful your strategy will be and the more you will earn. Earn profits on your own trades and a portion of the profits of your copy traders.
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Investors: Traders copy the trades of professionals
Although you don’t trade trades but you want to be a successful trader?
Copy traders (investors) copy the trades of experienced traders and if the copied trades are profitable. Then they will receive a portion of the profits as a commission. The amount of copy commission is set by the trader and will be displayed in the ranking .
1. Register on the platform
Complete quick registration and deposit funds to transfer funds to your account in a convenient way.
Open LiteFinance (LiteForex) Account
2. Choose a trader from the ranking
Go to the copy area and use the sorting options or other trader selection functions on the platform to select a trader. Save traders to your favorites, and indicate traders you like with an asterisk.
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3. Start copying
Enter the client of the selected trader by clicking on their avatar and view their copy recommendations in the trader information area or send them a message if you feel necessary. Set the copy and start execution. After the copy starts, you The settings can be changed or stopped in the folder at the bottom of the page. You can copy multiple traders at the same time – if so, you need to start copying in their clients.
Go to LiteFinance (LiteForex) Official Website
4. Quality time spent on the platform
You make money from day one thanks to choosing an experienced trader, chat and subscribe to trader channels to improve your knowledge. Learn, trade on your own or copy trades from successful traders.
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4 Forex Copy Types
LiteFinance offers 4 copy trading methods for you to choose from:
1. Full equal replication
The copy trade shows that the trade volume copied to the investor’s account is equal to the trade volume in the trader’s account.
For example, if the trader has started 5 trades in his account, then 5 trades will be copied to the investor’s account.
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2. Fixed volume copied per trade
This copy type shows that the volume copied to the investor’s account is the same as the preset volume.
For example, if the investor sets a “Copy Fixed Amount” of 2 ticks and the trader opens 5 ticks, then 2 tranches will be opened on the investor’s account.
LiteFinance (LiteForex) Official Website
3. Default copy amount per transaction %
This method of copying means that the transaction volume copied to the investor’s account each time is preset to a% of the transaction of the trader’s account.
For example, if the investor’s copy amount is set to 50%, then the trader trades 5 times, and the investor’s account defaults to 2.5 trades. Investors can set the percentage range from 1% to 10 000%.
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4. Investors copy fixed net worth
This method of copying means that the trading volume copied to the investor’s account is determined by the ratio of the copied net worth/the trader’s equity net worth. The net value of the investor’s copy transaction is set in the copy settings.
If “Total Equity” is used as the copy capital, then the funds in the investor’s account should be the same when copying the trade.
The trading volume copied to the investor’s account is calculated as follows:
Trader’s account trading volume * Copy equity / Trader’s equity = Investor’s account trading volume
For example, trader account equity is $5000 and investor account equity is $10000 respectively.
- If the investor sets the copy equity to be 2,500, copy to his/her account with a transaction coefficient of 2,500/5,000 = 0.5 (ie 50% of the trader’s transaction).
- If the investor sets the copy equity to be 6,000, the transaction coefficient copied to his/her account is 6,000/5,000 = 1.2 (ie 120% of the trader’s trade).
- If the investor uses a copy of the full equity, copy it to his/her account with a trading factor of 10,000/5,000 = 2 (ie 200% of the trader’s trade).