The Social Trading Bot is Here!

The Social Trading Bot is Here!

OFFICIAL SITE: socialtradingbot.com

Yes, it is finally time, the Social Trading Bot application is finally here! The fact of the matter is that it has been quite some time since a reliable new trading system has been released, but the wait is now over. Today, the Social Trading Bot platform is making its first appearance in the world of FX and CFDs. Sure, there are some decent autotraders and semiautomated apps out there for traders, but nothing like this.

The simple reality is that the majority of pieces of software designed for easy day trading just don’t live up to the hype. Either they don’t work nearly as well as promised, or they are just outright scams. However, this is definitely not the case here. This is one of those rare occasions where a new piece of software is the real deal.

The Social Trading Bot system is said to be one of the best in the world, and it really does have some special features which make it one of a kind. Today we are doing our initial Social Trading Bot review, a bit of an introduction to let you know what it’s all about. This particular piece of software comes loaded to the brim with easy to use features, it’s user friendly, reliable, and yes, profitable too. Folks, if you are sick and tired of losing trades, it might be time to check out this new platform.

 Social Trading Bot

What is Social Trading Bot Software?

This is a brand new piece of technology designed to help make the lives of day traders much easier. First and foremost, when it comes to the assets or markets it can trade, it is designed specifically for Forex and CFD trading.

This is something we do appreciate, because being able to trade all CFDs and currency pairs is a big deal. There’s not many other systems out there that can trade both of these things, especially not reliably.

Social Trading Bot

In terms of automation, you should beware that this is not a fully automated trading application. It is semi-automated. What this means is that it does automatically generate the most profitable and reliable FX and CFD signals to trade with. However, it does not execute the trades on your behalf. You do have to manually execute individual trades.

This is actually something we tend to like, way more than full autotraders. Being able to manually select individual signals to execute trades with offers a much better degree of control over trading. In layman’s terms, the Social Trading Bot app is a semi-automated trade platform for CFDs and Forex, one that generates very reliable signals.

How does the Social Trading Bot App Generate Signals?

Something else you might be wondering about this app, seeing as it generates CFD and Forex signals, is how it generates those signals. How does it work? Now, you might be used to traditional applications, ones that perform a multitude of technical analyses and fundamental analyses to perform trades. Sure, this is just fine, and if done right, it should work to win trades.

However, there is a problem, mainly that this kind of fundamental and technical analysis is not overly reliable in volatile markets, economic crashes, and big market shifts. During times of mass market fluctuations, these autotraders just do not work very well.

Yet, this is where the Social Trading Bot system comes into play. This piece of software works by generating CFD and Forex signals using a myriad of news analysis, economic analysis, and real time market development analysis.

Social Trading Bot

In other words, during times like this, economic shifts caused by the current coronavirus, this kind of current news analysis is much more reliable for generating accurate signals than straight up technical or fundamental analysis ever could be.

In fact, the Social Trading Bot app was designed specifically to be used in such times of economic uncertainty, during massive market shifts, economic crashes, and other such volatile times. Now, in the midst of the coronavirus pandemic, which is seeing the market move in directions that old school technical and fundamental analysis cannot handle, it may be time to use this specialized app designed exactly for times like this.

Social Trading Bot

Who is The Social Trading Bot Platform Made For?

Simply put, the Social Trading Bot platform is designed for anybody and everybody. What does need to be said is that it is designed for newbies, for people that really don’t know much about trading Forex or CFD. The whole thing is made to be very easy to understand, user friendly, and it really does all of the work for you.

It features one click trading with minimal analysis, if any at all. Technically speaking, all signals come with all of the info you need, easy to understand stats, which help you decide whether or not to execute a trade on any particular signal. Sure, there is no reason why are more seasoned trader can’t use it, but it’s definitely designed for novices. It makes trading easy and profitable, even for people who really don’t know the first thing about Forex or CFD.

Social Trading Bot Review – The Verdict

One thing which we can say for sure about Social Trading Bot software is the fact that it is legit. It is not some kind of scam that is going to steal your money, and it seems as though it will perform as promised. All in all, this software is designed for newbies, so it’s easy to use even if you don’t know much about CFD or Forex trading.

It’s the real deal and it’s designed to make profiting from CFD and Forex trades as easy as can be. Yes, we will be doing more Social Trading Bot reviews in the days to come. We’ll be doing some FAQs to answer your most pressing questions about it.

We will also be doing some live trading sessions with it, just to see how well it actually performs. However, when all is said and done, we would definitely recommend giving this Social Trading Bot app a shot. It will undoubtedly change your life for the better and start putting real money in your pockets!

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Social Trading Bot Registration

Understanding Leverage & Margin

Understanding Leverage & Margin

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, we know that leverage & margin is a big part of trading. This is a very important topic to be familiar with when trading Forex, CFD, and indices. Let’s take a closer look at his leverage & margin topic right now!

Income Mentor Box - Leverage & Margin

What Is Leverage?

When you want to trade Forex, CFD, and indices, knowing both leverage & margin is very important. First off, let’s talk about what leverage is. When it comes down to it, leverage is borrowed capital to increase your potential returns. In other words, this means that you can trade with more money than you actually have in your account. For example, if you leverage a trade by 10:1, it means that you can make a $10,000 trade with just $1,000 of your own capital.

If you win, it means that you will get 10 times the profits. You can make money trading with money that you don’t actually have. However, of course, this is also very dangerous. The reason for this is because when leveraging, if you lose the trade, you are on the hook for the full amount leveraged, not just for your part of the cash.

In other words, going back to that other example, if you leverage a trade for $1,000 by 10:1, if you lose, you will be on the hook for the full $10,000. So when it comes to leverage & margin, leveraging can be extremely profitable for you, but also very risky. Unless you are a professional trader, here at the Income Mentor Box Day Trading Academy, we would not risk leveraging for the time being. It can be very dangerous, but yes, of course also highly profitable if trades are winners.

 

What Is Margin?

When it comes to leverage & margin, you do also need to know what the margin is. Well, going back to the example we covered above, the margin is the money you put into a leveraged trade. For instance, if you leverage a $1,000 by 10:1, thus effectively trading with $10,000, the margin there would be the $1,000 of your own capital.

When leveraging, the margin amount of money is needed to open a leverage trade. In terms of leverage & margin, this is an important topic to be familiar with, one that will help you become a better and more profitable trader. Just keep in mind that leverage & margin trades can be very dangerous if not done right, but also very profitable if you do it right.

Take a look at the short video which we have included here. Andy from our own Income Mentor Box Day Trading Academy explains what leverage & margin is, how to use it, the possible benefits, and the potential risks of it.

Leverage & Margin – Final Thoughts

When all is said and done, to learn more about leverage & margin, and the ins and outs of trading in general, you should definitely check out our Income Mentor Box Day Trading Academy. For the low price of $299, you will gain access to a huge plethora of course materials that will turn you into a highly profitable day trader.

Income Mentor Box

Forex.com Review – A Reliable Broker!

Forex.com Review – A Reliable Broker!

OFFICIAL SITE: FOREX.COM

If you are in need of a new and reliable broker for FX, indices, stocks, CFD, and more, Forex.com is a world leading broker. Now, account prices are a little high, but other than that, this is one of the most reputable and reliable Forex brokers out there right now. In our opinion, it might just be the very best.

 Forex.com

Forex.com Company Information

One thing that is very important to mention about Forex.com is that it is a very reputable and highly trusted broker. For one, it has been around since 1999 and has nearly 2 decades of experience providing signals to retail traders. Simply put, you don’t stick around for 20 years as a broker if you are not the real deal. The fact that these guys have been around for nearly 2 decades is a very good sign.

Forex.com is actually owned by GAIN Capital Inc. which is listed on the NYSE and is worth nearly 1.5 Billion USD in total. The main office is located in the UK, at Park House, 16 Finsbury Circus, London. What is impressive is that Forex.com is so highly regulated, spread around the world, and registered with so many regulatory authorities. This broker is registered and licensed by ASIC, FSA, CFTF, IIROC, NFA, SEC, the SFC, and a few others too.

Forex.com 

Forex.com Trading Platforms

What is definitely a big deal about Forex.com is that it is compatible with multiple trading platforms out there.

First off, if you are big time and high capital trading pro, you can use the GAIN Capital GTX ECN platform. This trading platform is ideal for professionals who trade in high volumes and have really big clients. Deep liquidity, tight spreads, and transparent pricing for high trade volumes is what you get with the ECN platform.

Here you can also use the FOREXTrader Pro platform, which as you can probably tell by the name of it, is specifically designed for Forex trading. This platform is highly customizable, comes with many trading tools and analysis features, and is quite simple to use. Both beginner and professional traders should be able to use it with ease.

Of course, with Forex.com, you can also use MT4, or MetaTrader 4, which is often regarded as the best in the world, or at least as the industry standard. The MT4 platform is ideal for beginners, but can be used by professionals too. It comes with plenty of customizable features and trading tools too. With access to over 50 Forex markets and over 30 types of CFDs, you really cannot go wrong.

Forex.com has also created its own mobile trading application. This mobile trading app is just as functional as any platform for any computer. It can be used on Android or iOS and can be easily downloaded.

 

Forex.com Account Types

This broker does not come with too many account options, although this is not something that we mind greatly. For one, you can actually open up a free demo account, just to get a feel for things. This is something that we always greatly appreciate, as it is important to be able to test any product out before using it.

With that being said, there are two main account types you can choose from here. The standard Forex.com account requires a minimum deposit of 500 GBP, which is a little high in our opinion, but still doable. If you want access to the full range of trading instruments, investing 3,000 GBP is recommended. This account type is fairly decent for beginners. If you are a professional trader and want to trade at a higher volume, the premium package is what is recommended.

The premium Forex.com account has many benefits and increased functionality compared to the standard account. The premium account requires a minimum deposit of 25,000 GBP to open. Yes, the prices here for this broker are a bit steep, but it is a reputable, profitable, and highly versatile broker with tons of choice.

 Forex accounts

Forex.com Asset Options

In terms of asset options, Forex.com definitely has a whole lot to choose from. This is something that everybody can appreciate, because you don’t have to use multiple brokers to trade varying asset types. In fact, cryptocurrencies are about the only thing which this broker cannot trade.

Other than that, Forex, CFD, shares, stocks, indices, and commodities can all be traded here. There are literally hundreds of assets to choose from, which is a really big bonus no doubt. With Forex.com, you get access to over 300 global markets, with over 80 FX pairs, 220 stocks, and quite a bit more too.

 Forex Assets

Forex.com Fees & Commissions

Something that you can definitely appreciate about Forex.com is the fact that it does not charge commissions on trades. Yes, as we mentioned before, the accounts here are a bit pricey, so not charging commission is a big deal.

However, this broker does have to make money somehow, which it does by adding spreads on top of prices. Don’t worry though, because the spreads charged here do vary according to the assets being traded, plus the spreads are very competitive. Although the account pricing is a bit high here, the fact that there are no commissions and the spreads are fair is more than enough for us.

 

Forex.com Support

Another thing about Forex.com that needs to be mentioned is that it does have fairly good customer service. Keep in mind that support is available 24/5 here, so only on business days, not on the weekend. However, the customer support staff functions in a diverse array of languages.

You can get access to support via fax, email, live chat, or directly via telephone as well. The customer service agents here are extremely helpful. It’s one of the best customer service teams for an online brokerage that we personally have come across so far.

Forex.com Review – Conclusion

As you can see, with Forex.com, you absolutely get a whole lot of choice. With full regulation and licensing in many countries, with millions of clients, and tons of assets to choose from, Forex.com is one of the best brokers out there.

Thank you very much for reading this detailed  review. Subscribe to our blog in order to be fully protected and to be up to date with all binary options services out there. Additionally please share and follow us on FacebookTwitterGoogle+ and Pinterest. See you next time!