Copy Trader - Social Trading
1Broker is more than just a regular trading platform: You can socialize and exchange your thoughts by commenting on shared trades. Detailed statistics provide interesting insights into the activity of other traders. Best of all, if you find users who copy you, you will receive a reward for each public trade. A perfect opportunity to build an audience and earn a passive income!
The ProfileYou can upload a custom picture and write a short description about yourself on the profile. Multiple charts and statistics of your shared trades are also publicly visible. To attract your potential copiers with maximum efficiency we recommend to use a profile picture of yourself and keep your description up-to-date.
Sharing a tradeOnly shared trades are publicly visible and will be automatically copied by your followers. However, for such trades the minimum trade amount is 0.25 BTC. This ensures that a malicious user cannot make risk-free trades while putting the funds of the copiers in danger.
Copy a traderYou can copy successful traders with a fixed amount per trade. For security reasons you can also set the maximum number of trades you want to copy per day. The creator of a trade will have full control over the Stop Loss/Take Profit price and can decide when to close the position. However, you can manually close a copied position at any time as well.
If you do not have enough funds to copy a trade, you will be notified and automatically unsubscribed from this user.
RewardsThe copy reward system works similar to our referral reward system. The creator of a trade receives 20% of the generated trading commissions/spreads. The copy reward is instantly credited to the account when a new position is opened.
Calculation ExampleIf you have 50 copiers and each of them copies you with 0.1 BTC you will generate a volume of 5 BTC per trade. If you make a speculative trade (Leverage 15) on Apple Inc. (Let's assume that the spread of this market is 0.08/139*100 ~ 0.06%) you will receive:
5 (Copy Volume) * 15 (Leverage) * 0.0006 (Spread) * 0.2 (Copy Reward %) = 0.009 BTC per trade.
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