A social trading network works similarly to regular social networks. But instead of people sharing photos of their kids and holidays trips, they share trading results.
A key feature of social trading platforms, like ZuluTrade, is that you get the chance to copy the trades of other users.
Simply find a successful trader with an investment style that suits you and follow their strategy.
From then on, all their trades are automatically copied into your account. Likewise, Signal Providers can sign up and receive compensation for offering their services to others.
Many traders favour social trading because of its openness and transparency.
A sense of community has advantages, too: you can interact with other traders, monitor the trading results of others and talk about market events as they happen.