Question: How much are the costs/commissions of Tradeo's social & copy trading platform?
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There is no costs at all for using the service of Tradeo. The only cost is the spread(the difference between Bid and Ask spread).
Tradeo does not charge you for copying trades, using the platforms or even for deposit/withdrawal.
The spread can be seen visually in Tradeo’s trading platforms, and there is no hidden costs.
Spread is fixed
Tradeo offers “Fixed spread” and the minimum spread starts from around “2.5 pips”. The fixed spread is provided, so the EA programmers can easily setup the parameters for their programs.
Spread from 2.5 pips might seem a bit too wide for some traders who are used to tight variable spread though, it is the average among brokers with fixed spread.
Profit with Social Copy Trading
Although you may see a number of profitable traders to copy the trades from, you should be aware of that you could suffer with “Trading Loss” if you have failed to manage your accounts and trades efficiently, or the “Signal Provider” happen to be making losses by trading.
The traders registered with Tradeo are normal traders like you, and the broker does not guarantee your profits.
Tradeo provides innovative Social Copy Trading Platform, but it is your choice to make profits or losses by using the service.
