Trade4me.com has long been a leading source of binary options copy and signals trading. The company has recently launched its 2.0 version which includes all the same great features we’ve come to know and love, and even more. The platform is a third party stand alone system linking copy traders with signal providers, signal providers with copy traders and traders of all kinds with brokers. The system is set up around a leader board with one major difference from platforms like CTOptions Trade Replicator and the SpotOption iFollow platform. Trade4.me is owned and operated by SAS NEUTRINO, an independant financial services company registered in France. SAS NEUTRINO is located at 28 Venelle De Kerivin, 29200 brest, France.
Copiers and leaders (signal providers) are kept separate. This means that as a copier you are only following traders who are making their own trades and not just other copiers. Upon sign up each member is given the choice, be a Follower or be a Leader. Followers can copy but not be copied, their profiles are private as is their trading history and they are not listed on the leader board. Leaders can be copied but can not copy, their profiles are public and their history is displayed on the leader board. Screenshots of the platform and leader board are provided at the bottom of this post.
Trade4Me.com Brokers, API’s, EA’s And AutoTrading
At this time there is only broker linked directly to the platform, Stockpair, but you can use the API interface to link to any broker or platform including MT4, MT5, Matlab, NinjaTrader, ThinkorSwim and Tradestation that allows it. All it takes is a few simple lines of code, complete instruction are provided on the website and technical support is available. In fact, the API interface allows you to use EA’s and tech support will help you code your own system if you have one. EA’s can be used by individual traders for signals, to send signals through your Leader account or to set up binary options autotrading.
If you already have StockPair account all you have to do is link it to the platform. If you don’t you can sign up on your own, or sign up through the Trade4Me.com platform but there is no requirement to do so. If you want you can follow traders and then execute the trades on any broker you’d like.
The platform also supports direct web trading with your Stockpair account. This means as a copier or signal provider you can trade directly from the Trade4Me platform. If you are a trade Leader, trades become signals and are sent to your followers and copiers. One bonus of using the web trader is advanced charting. Charts are great, display historical data in several time frames, displays data in candle sticks and includes the top trading tools and indicators. You can read my review for more on CySEC regulated Stockpair.
Trade4Me, For Binary Options Copy Trading
The leader board is set so it can be filtered in 5 ways; profitability (how much loot the leader has made), win/loss ratios, the number of trades made, the number of copiers each trader has and the number of followers. You may have noticed that there is no filter for asset but that doesn’t matter. The average copy platform may let you filter by asset but it’s an illusory concept; it doesn’t mean the trader you follow will only trade that asset or that you will only copy that asset, only that the trader has a good record with it. In order to find traders who trade a certain asset, or mostly trade a certain asset, look to the profile. Leader profiles include a trade history and a pie chart showing the breakdown of which assets are traded. The pie chart is good for a quick glance, the trade history is good for confirmation.
Trade4Me Copy Trading Accounts
Accounts are set up on a 5 tier system; Follow, Bronze, Silver, Gold and Diamond. Follow, the least expensive package, means that signals are sent whenever a followed trader makes a trade but the signals are not sent to the copy traders account, followers will have to make their own trades. From the Bronze package on up signals are automatically copied into your account with caps on trade size. Bronze accounts copy with trades up to $100 each, Silver is trade size up to $300, Gold trades are up to $1000 per signal and Diamond level trades are unlimited in their size.
As a copier, when you find a trader you want to follow, you have the option of choosing which trade package you want. You can follow as many traders as you like, each of them with a different package. As a signal provider you set the price on each level.