Jump to content
Sign in to follow this  

Social Trading

Recommended Posts

Is IG considering a social trading platform so people can follow and copy winning traders? Would like to see something like this implemented to encourage profitability among traders.

Share this post


Link to post
14 minutes ago, raideroftheark said:

Is IG considering a social trading platform so people can follow and copy winning traders? Would like to see something like this implemented to encourage profitability among traders.

There was a big surge in this about 5 years ago with many brokers but quickly ran into trouble because of broker conflict of interest. They were rewarding some traders to encourage other traders to place trades which was fine if everyone was winning but with each change in market cycle winners became losers and the complaints to the regulators started pouring in. Most brokers abandoned the scheme fairly quickly.

  • Great! 1

Share this post


Link to post
3 hours ago, raideroftheark said:

Is IG considering a social trading platform so people can follow and copy winning traders? Would like to see something like this implemented to encourage profitability among traders.

 

There is a way of copying successful traders, it's called buying a tracker fund or an ETF.

  • Sad 1

Share this post


Link to post
7 hours ago, raideroftheark said:

Is IG considering a social trading platform so people can follow and copy winning traders? Would like to see something like this implemented to encourage profitability among traders.

Check out E-Toro.  https://www.etoro.com/copytrader/

  • Like 1

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×