Category Archives: Social Trading Platforms

Trade4Me.Com New And Improved Binary Options Copy Trading

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.

Leader Board

Trade4me Copy Trading Leaderboard

StockPair Web Trader

trade4me-stockpair-webtrader

Advanced Charting

trade4me-advanced-charting

Visit Trade4Me.com Now!

Trade4Me.com Profiles

trade4me-profile

More Choices For Binary Options Social Trading Platforms

There are now more choices than ever among binary options social trading platforms. I don’t mean those crappy little “trader sentiment” bars some brokers have, or even streaming trades from “real traders”. Those are bogus and not even qualified as copy trading, seriously, what do they do? Tell you that 60% of traders are bullish or bearish? What time frame? What expiry? I’m talking about real copy and social trading where you follow individual traders and copy their success. Those sentiment bars may be good as a signal but just isn’t good enough for those who would like to follow better traders, copy their trades, make a little profits and maybe learn something about the market.

Binary Options Social Trading, Not Just Copying

But what is social trading and how is it different from signals or simple copy trading? Believe it or not there are some differences. Signals and copy trading can be a cold affair. There is little to no interaction between you and the provider and no guarantee of success. In fact, many signal followers and copiers report that their success rates are far below those of the provider. This doesn’t mean that the provider is flawed, some are but some are legit, it just illustrates the difficulty in trying to duplicate trading results in more than one account. Social trading gives control back to the trader while providing signals and an environment for learning.

Some of the criteria required to meet the level of social trading platform include some form of signals, preferably from real traders and not software or robots. The platform must support direct copying into your account so that you can match results as closely as possible. There must be at minimum a leader board and at best a full forum so that traders can interact, preferably with profiles. Good copy trading accounts must also come with management tools to limit the size of each trade, amount of allowable loss. Finally, the platform must support direct trading and not just copying so that copiers can eventually begin trading for themselves and providing their own signals. This is a list of the five platforms that best fit this model.

TradeSmarter Social Trading Platform – TradeSmarter is a full service white label binary options platform with social trading features. It is one of the newest to offer social trading and fits most of the criteria of a great social trading platform. The basic platform is fully loaded with assets, options and expiry. Hi/Low is the standard but range, one touch and over/under are available. The Strategix feature allows traders to increase and decrease strike prices for the exotic options and thereby adjust risk/reward payouts. Basic copy trading features include a Trader Sentiment chart listing put/call ratios for dozens of assets. There is also a list of streaming trades by live traders. Users can log in with Facebook if they want. They can also build profiles where they can promote themselves or learn about traders they may want to copy. The only thing missing is autocopy but that is not a big deal, traders have to actively take signals in order to make trades. Despite this shortfall, there are numerous advantages to this platform which make a good choice for social traders

CopyOp Social Trading Platform - CopyOp is the stand alone copy trading platform of AnyOptions, owned and operated by the same company, Ouroboros Derivatives Trading LTD. The company is headquartered in Cyprus and both AnyOption and CopyOP are CySEC regulated. The platform allows traders to build profiles, search leader boards and copy trades directly into their account. All traders using AnyOption and CopyOp are included in the feed of possibilities making it one of the broadest bases of traders on any copy trading network. All trades come with a rebate, in the range of 15%-25%. Users are able to trade directly, or follow 5 or more other traders at one time. AnyOption support a wide range of trading including standard call/put options, one touch, 0-100 options and other exotic features. CopyOp users are also able to earn CopOp Coins. These are credits earned whenever another trader copies them and can be redeemed for cash or other prizes.

CTOption Binary Replicator - The Binary Replicator is the social trading feature of popular broker CTOptions. CTOptions is built on the PandaTS technology, a white label with several other brokers in the fold. The Replicator is a copy trading dashboard available directly from the main trading platform and allows users to copy or make their own trades. Built on a leader board, it allows traders to follow and copy up to ten other traders with trades placed directly into their accounts. Profiles are not provided but there is some basic data for each trader on the leader board, win rate, number of trades etc. Copiers are able to control the amount of each trade but length of time and total losses are left to the individual. Users can also pick others to follow from a live stream of trades, displayed at the side of the screen. The platform support high/low, range and one touch options in a wide array of assets.

SpotOption’s iFollow Copy Trading - This one is also known as Spot Follow but is the social trading application available on the SpotOption platform. SpotOption is a well known white label platform providing turn key solutions for brokers. The basic platform supports the broadest range of assets, options and expiry of any on the market including spot FX and CFD’s. The company partnered with ZuluTrade to produce the copy trading platform which displays each brokers top traders on a leader board. The leader board can be filtered by asset and displays basic information about each trader and their stats. Copiers can have trades placed directly in their accounts and have control over trade size, loss amounts and the length of time to follow each copied trader. The only thing missing are profiles otherwise it would be without a doubt the best platform. There are quite a few broker offering iFollow including regulated and non-regulated versions.

Tradesmarter Social Trading For Binary Options

Tradesmarter, once a popular binary options broker, is now a leading provider of white label binary options platforms. The company is based in Cyprus but is not operating a brokerage of its own at this time. Since making the switch from broker to platform the company has made some great advances including the Strategix and Social Trading features. The platform itself is one of the better I have seen but at this time there are few recommended brokers using it. V8Options is one that I know and trust.

V8Options Review

Full Review Of Tradesmarter Binary Options Social Trading

Tradesmarter was one of the first to introduce social trading to binary options and has one of the better platforms. There are a number of things to set it apart from iFollow, the Binary Replicator and other copy trading platforms including but not limited to profiles. Profiles are an important part of social trading and for some reason not yet common to the copy trading platforms. Tradesmarter has capitalized on existing technology to do this; new traders access the social trading features by signing in through Facebook and then building profiles from there.

tradesmarter social trading feedFeatures include a live stream of trades as they happen. One social trading is enabled these trades will appear in a feed just below the chosen asset or to the side of the screen. Additional features include copy trading and social charting. The social charts display trades, on the chart, as they happen. This way you can see all the trades on a chosen option and expiry while it is still open. With this feature traders can identify the top traders and their positions, and then trade accordingly. There is also a trader sentiment indicator listing the top traded assets making it one of the more complete platforms for social trading binary options.

tradesmarter trader sentiment

Tradesmarter Is A Top Binary Options Platform

The Tradesmarter platform is geared toward a fuller binary options experience than many others. While most will rely solely on day trading and the shortest expiries this platform is also suited to longer term traders. Company founder Yoni Avital told Forex Magnates the company is focused on the longer term and working to distinguish itself from other platforms which he referred to as “bucket shops”.

To this end the platform supports expiry as short as 30 seconds ranging out to end of day, end of the week and end of the month and next month on standard high/low binary trading. At first glance you might think that this is all there is but rest assured there is a lot more to this brokers. Other options include range, touch,no touch, and above/below options which are accessed through the Strategix feature. This pulls up a dedicated screen where the more advanced and interactive trading takes place. The Strategix feature also allows traders to adjust the strike levels of the different options and thereby control payouts and risk.
tradesmarter platform
The platform itself is top notch. You will quickly notice that the charts really stand out, this is because they are real candle charts and not the usual junk you find elsewhere. Along with the charts there are two other views that allow you to arrange multiple assets on the screen at one time. As an added bonus the Autochartist tool is included. This tool is a trusted third party source of real time signals available as a stand alone product or as you see here.

Other tools available for hedging risks include Sell Back, Hedge and Double Up. Sell Back is self explanatory, you can sell options back either at a loss or a profit depending on the underlying asset. Double up is also pretty self explanatory as it allows you to double up on trades that you have already placed. The Hedge feature is one that allows you to open an opposite position on trades that you think may fail or are out of the money. The asset list is good too and includes all the top forex pairs, global indices and international stocks so there is no worry of finding something to trade.