What Is Social Trading? Social Trading Definition At CAPEX.com

Social trading has become a popular form of investing in recent years. With a number of retail traders opening accounts across the board, the demand for being able to analyse more informed traders’ approaches has skyrocketed.

We, at CAPEX, have prepared  this guide to assess the social trading definition and why this form of trading continues to emerge as a frontrunner amongst those who use online broker platforms.

Sign Up Now
about-monitors
Roy Connor
Author:
Roy Connor
Last Updated on:
23/03/2023
Topic:
Trading
capex-forex-2-en

Multiple account types at CAPEX

As a new customer to the CAPEX site, you’ll be able to choose between three different account types. These account options enable you to stick to a certain budget or, in the case of not being confined in monetary terms, enable you to access even more features and online trading services.

You can select the Essential, Original, and Signature account type. Each account enables you to access a demo trading platform, the ability to trade using the demo account, and access to analyst reviews – to name but a few of the features. FInd your account type today to get started with our latest take on social trading.

Fully licensed and regulated online broker

Our platform is fully licensed and regulated. Thus, we’re allowed to provide online brokerage services to the general public. With our license from the Cyprus Securities and Exchange Commission, all of our operations are transparent and above board. It is our mission to ensure that you engage in online trading in a safe and secure trading environment.

We have also pushed to include a range of supportive measures which you can fall back on. At CAPEX, our number one concern is you. You’ll find that we attend to all your trading needs and general concerns with absolute efficiency and effectiveness.

Sign Up Now
explore-cx-trader

Social trading definition - What is social trading?

Social trading has come to the fore in recent years as a great way to learn how to trade CFDs and other instruments. There are a wide expanse of online platforms looking to incorporate the advantages that come with this form of trading. Thus, many have built their model around social trading initiatives and the option of accessing more-informed traders’ daily approaches. The essence of ‘copy-trading’ has emerged and many traderslook to adopt this method. Ultimately, social trading is an approach whereby traders have the option of ‘copying’ or following the approach of expert traders. This includes adopting similar, or identical, strategy executions. This form of trading forgoes utilising one’s own analysis and rather duplicates a peer’s analytical standpoints.

Social trading on online broker platforms

As we have outlined above, many online trading sites have lent heavily into the idea of social trading. This is evident in the overall make-up of many of these sites. However, it is always advisable to follow a balanced approach when devising a trading platform; something CAPEX has managed to do extremely well. The options at hand provide you with a platform which borrows elements of social trading and combines it with our own concepts – resulting in a comparatively more nuanced trading platform. Our integrated tools that include blogger insights and opinions and insider’s hot stocks, you’ll be able to follow the lead of those who are very informed. However, you’ll also be able to retain a sense of individuality as you start trading online. It is this combined approach that really makes CAPEX stand out from the crowd.

Get Started with CAPEX

Experience a new level of trading with the right support when you need it. Sign up for a free account and trade smart with CAPEX.com.

Create Account

The basics of social trading - How does it work on the CAPEX platform?

What is social trading? Well, social trading as a whole is a concept whereby traders are able to access market information quickly so as to assess and copy one another’s strategies. You’ll come to find that certain online traders adopt a full-on social trading approach. This entails copying the strategy and executions of more knowledge traders like-for -like.

However, it’s possible to use strategies of more advanced traders while maintaining a sense of control. At CAPEX, we have incorporated this and provide you with the ability to utilise your own technical and fundamental indicators. Thus, you can use our latest market analysis and trading tools in conjunction with one another to craft the very best strategy.

 

Register

Register

Register an account on CAPEX.com and start trading.
Verify

Verify

Send over your documents and verify your account.
Deposit

Deposit

Login into your CAPEX.com account and deposit money.
Trade

Trade

Start trading with CFD’s and over 2100 other instruments.
Register Account

Advantages of social trading

There are several benefits that come with adopting the social trading approach. You can find out more in our following section.

Collective insights prevail

When it comes to assessing the benefits of social trading, it’s clear that the collective nature of social trading is certainly one of these positives. As an individual, you can only attain so much knowledge. The higher the number of traders that are contributing to the social trading dynamic, the more in-depth insights are bound to prevail. The evolution of these insights from a collective standpoint will stand a newcomer in good stead as he attempts to start trading online.

Easy to start trading as a trader

One of the biggest reasons for the growth of social trading sites is the fact that novice traders feel more at ease. The ability to copy or learn from more experienced traders via the social trading network makes the entire process of online trading a lot less daunting. At CAPEX, we have included a range of analyst ratings and blogger opinions which facilitate a quicker learning process. If you’re a trader, these features are bound to benefit you immensely – making it easier to start trading online.

Overall strategy diversification

It is physically impossible to retain the information required to assess each possible eventuality within a market. One of the wide-reaching benefits of social trading is that it allows individuals to analyse a wider net of strategies. The removal of so-called ‘tunnel vision’ enables individuals within a social trading setting to gain a wider perspective and assess more potential outcomes. At CAPEX, our integrated tools act in line with this sentiment and provide you with a thorough and far-reaching analysis of different markets.

Ability to access dependable trading information

Lastly, social trading provides each trader with access to extremely practical and dependable trading information. At CAPEX, we have ensured that our online traders have unfettered access to news sentiments, opinions, and a wealth of resources tailored by experienced hands.

Conclusion – Use CAPEX for social trading online

At CAPEX, we believe in a poised online trading approach. The ability to review and analyse other traders’ strategies is certainly insightful and helpful. Due to this, we’ve incorporated a host of features within our integrated tools that enable you to do so. However, we also believe in the benefits of being able to trade autonomously. Thus, sign up with CAPEX today and receive one of the best services.

What is Social Trading – FAQ

👉What is social trading?
❓Is social trading available on all broker sites?
🤔Is social trading lucrative?
🔮How can I learn more about social trading?
🏆What is the best social trading platform?
Related Articles
• Crypto Trading Course
• Online Broker for Day Trading
• Best STP Broker
• Best Online Trading Platform
• Best Online Broker for Stocks

Get Started with CAPEX

Start Trading Now

Ready to unlock digital value?
Sign Up Now

HIGH RISK INVESTMENT WARNING: CAPEX.com is a website operated by Key Way Investments Limited, which is authorised and regulated by the Cyprus Securities and Exchange Commission, licence number 292/16. Administrative Address: 18 Spyrou Kyprianou Avenue, Suite 101, Nicosia 1075, Cyprus.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money. Trading through an online platform carries additional risks. Refer to our Regulation section here.

Restricted Jurisdictions: We do not establish accounts to residents of certain jurisdictions including Japan, Canada and the USA. For further details please see Terms & Conditions.

Key Way Group Ltd is the holding company of Key Way Investments Ltd, JME Financial Services (Pty) Ltd and Key Way Markets Ltd. Key Way Investments Ltd operates CAPEX.com and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) (license no. 292/16) with branches in Romania and Spain, and registered with the Romanian Financial Supervisory Authority (ASF) (registration no. PJM01SFIM/400013), and with the Spanish National Securities Market Commission (CNMV) (registration no. 129), respectively. JME Financial Services (Pty) Ltd operates za.capex.com and is authorized and regulated by the South African Financial Sector Conduct Authority (FSCA) (license no.37166). Key Way Markets Ltd operates ae.capex.com and is authorized and regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (license no. 190005). KW Investments Ltd operates sc.capex.com and is authorized and regulated by the Seychelles Financial Services Authority (FSA) (SD020).