1 day to 1 year
Trades are automatically copied to your account
Tradable assets: Currencies, Commodities, Indices, Stocks
When it comes to binary options, there are traders who find their way to trading success and generate thousands of dollars. With TradeReplica, you can now conquer the markets by following these traders to earn returns. After all, how many times did you come across the stats or portfolio of a trader and thought “I wish I could trade like that.” With this trading tool, it becomes possible to do just that.
It is a simple, easy and transparent tool that you can use to harness the wisdom of the best traders. Just allocate a fraction of your funds to follow a trader and you can watch as trades are automatically replicated on your account.
This tool is particularly suited for traders who want to earn some extra money but have no time or inclination to study chart patterns, geopolitical news events and dozens of financial assets. With this tool, you can now squeeze in some profitable trading in your spare time.
It is the eighth tool on the trading platform toolbar. To use the tool, log in to your account and find TradeReplica.
At first glance, you will see that this tool does not have much in common with the others. For instance, there are no complicated charts in view. Instead, there is a list of Top Traders that you can sort based on their preferred tradable asset. The tool also displays the trading statistics and portfolio details of the top traders including their rank, total earnings, success rate, number of followers and number of open positions.
To use the tool, follow the steps below:
Spot the best performing traders on your preferred market or cross-asset traders trading multiple assets.
Make an informed decision based on success rates and other statistics and choose a trader.
Choose a Follow Period ranging from a day to a year during which the tool will replicate trades for you.
Place a Call option if you think the price of the asset will rise by Expiry Time or place a Put option if you think the price will fall.
Choose an Investment Limit of $50 to $3000 or opt for No Limit follow to copy all trades of the trader.
Click Follow. This opens a popup window. Confirm the details of your follow settings and click Apply.
TradeReplica has many features that gives traders what they need to conquer markets.
With this trading tool, you can access the financial markets with little to no trading knowledge and experience.
The tool mimics the investment moves of “professionals” and requires very little effort and time on your part.
You retain full control over your trading account and you can stop following a trader at any time.
Or have a look at our other trading tools: