Forex is not an easy trade and you, of course, need a certain amount of background knowledge to successfully trade. However, the beauty of the trade is that you can start easy and from the comfort of your home. If you are an enthusiast or just need to upgrade your knowledge before trading more seriously, besides educational materials and demo account there\u2019s always quality input from more experienced traders. This is probably the main reason for the rise of social, copy trading and mirror trading. The platforms allow you to actively engage with the market, investing the money following the steps of already developed and successful traders.<\/p>\n
Mirror Trader is a trading platform by Tradency, with a 10-year experience put into it. Developing a user-friendly and easy to use trading platform which is sophisticated and refined, Tradency hit the jackpot becoming one of the best-known social trading platforms<\/a>. Mirroring trades with Tradency Mirror Trader is an easy process done with just a couple of clicks, and more recently taps. With real-time signals<\/a> and many tools to actually evaluate them in the current market conditions, Mirror Trader opens great opportunities. Thus, Mirror Trader is not just an automated trading system but rather allows comprehensive trading with the trader deciding what\u2019s best. Through an intuitive interface, traders are allowed to take signals, mirror whole trades including opening and closing them or just pick when to close it themselves, or just follow experienced traders and make manual trades. Mirror Trader also provides analysis tools to help decide winning strategies and work through the signal providers at your own pace. Mirror Trader also charges a fixed fee for using the web-based and mobile app platform, which is rather straightforward and thus appealing to users worldwide.<\/p>\n
There is a range of trading methods available with Mirror Trader. Of course, the best-known is the automatic trading, which allows you to add signal providers to your portfolio and automatically mirror all the trades they make to your Forex account. With semi-automatic mirror trading, you are allowed to see the signals from the selected signal providers and actually decide which ones to follow in real time. This is supported with many built-in charts providing insight into all major indicators and possibilities to monitor and alter your strategies through detailed strategy summaries. Manual trading will allow you to execute trades on your own, just as you would with any Forex trading platform, with access to trading signals by filtering and employing appropriate strategies for your style and current market conditions.<\/p>\n