Social trading is a form of investing that allows investors to observe and copy the trading behavior of other traders.
The primary objective is to execute automatically or manually with strategies of other traders. Or sharing your knowledge and manage a strategy that can be followed.
It takes 2 to make Collective2 work.
In general, investors lack the time/knowledge or experience to trade successfully themselves. That is why Collective2 is the perfect solution for this group of people. They can follow/copy the strategy of a leader, some of these strategies are free, but most of they will charge a small subscription fee.
When choosing a strategy, it is important that you check the track record of the strategy and ensure it suits your goals and risk appetite.
If you do have the financial knowledge, time, and experience then you are the perfect leader for C2. Once you start managing your strategy, any execution taken on your account will be documented on the platform. Investors everywhere will be able to see it, and if it suits them to subscribe to your strategy. For each subscriber, you can receive a monthly fee.
You can manage your strategy from your broker account, directly with the Broker Transmit Technology. Or if you want you can manage your strategy from Webtrader, directly from the Collective2 platform.
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