10Republic Social Trading
Among many of the tools and strategies you will discover through the 10Republic trading platform, the social trading network may be a tool to get acquainted with. Copy trading is very common amongst investors because it allows traders on the active markets to mimic the actions done by other, usually more experienced traders. Social trading is fully integrated into our platform and offers access to the live trades of other investors allowing you to copy the positions opened and managed by these traders, with the option to disconnect copied trades and manage them individually. Some consider copy trading to be an effective approach for new traders because it allows you to pay close attention to what established traders have been doing whilst requiring minimal effort from your side.* The copy trading tool works quite passively and can be a great way to manage risk more effectively while still staying ahead of market trends! * Past performance is not an indication of future results. Trading history presented is less than 5 years and may not suffice as basis for investment decision.
Features
- Allows you to see other traders’ trades in real-time
- Easily perform in-depth analysis of the other members’ trading performances
- View the last 100 trades placed by other traders (in addition to pending orders). Visible in the social feed, each trader’s profile page displays the last 12 trades
- Information on general trader sentiment, real-time charts and technical indicators to help you perform your own analysis
- Trades initiated on the 10Republic platform are automatically linked to your account, so you can use both platforms simultaneously
- Seamlessly integrated copy trading. Boost performance with access to a large, active social trading community
Finding Traders
- The search window allows you to find traders that meet your requirements, so that you can monitor them and copy their trades.
- You can filter the list according to their profit/loss ratio, their success rate, and their level of risk over a specific period of time.
Trader Profiles
Members of the community can view other members’ profiles. Simply click on a trader’s avatar to see his profile
Each profile page displays:
- The trader’s last 12 transactions
- A “watch” button to add this trader to the social feed you are following
- A “copy” button to activate the automatic mirror trading
- A weekly profit and loss chart
- A risk indicator that is calculated according to the trader’s maximum drawdown
- A performance indicator calculated according to the trader’s profits and losses
- Each trader can add a short paragraph to describe his strategy and profile
We do our best to match you to traders who have similar trading investment objectives to you, based on your answers to our suitability test, we give you the option to select from a list of available and suitable traders.
Automatic copying of a trader (mirror trading)
To automatically copy all of a trader’s trades (mirror trading), click on the “copy” button on their profile page. Two mirroring trading methods are available:
1. Allocate an amount you wish to invest. The position sizes will be proportional to the size of the trader’s positions. For example, if the trader initiates a 1-lot trade with his $10,000 account and your allocation is $1,000, the size of your position will be 0.10 lots.
2. Copy the trader’s position with a fixed lot size.
Manual trade copying using the social feed
- With the social feed, you can manually copy the trades of other traders. When a trader validates an order to buy or sell, a copy button appears in the social feed. You can therefore click on the button to bring up a window which allows you to copy the trade and define the settings of the trade (number of lots, SL, TP). Every trade that you copy must also be closed manually.
- When you copy a trade, the trade’s risk/reward ratio may differ from the original order due to the time lag between the confirmation of the original trade and the confirmation of the copied trade.
The Analysis Lab
The analysis lab allows you to view trading statistics and a performance summary covering several periods (1m, 3m, 6m, 1yr). The page displays:
- The number of days the trading system has been running
- The success rate (in %) during the selected period
- The maximum loss (drawdown) expressed as a percentage
- The best trade / the worst trade
- The level of risk
- A profit and loss chart covering the requested period
We do our best to match you to traders who have similar trading investment objectives to you, based on your answers to our suitability test, we give you the option to select from a list of available and suitable traders.
Community Tab
The community tab displays the investors who follow the trader and those that the trader follows.
Position Tab
The position tab provides information on the trades opened and closed by the trader.
Past performance is not an indication of future results. Trading history presented is less than 5 years and may not suffice as basis for investment decision. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. [cfd_percentage] of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read LFS’s Risk Warnings and Disclosures.