We have been already mentioning social trading has a big potential and growing among traders all over the world. Social trading has become an advanced version of automated binary trading. Developers have worked long to create a successful way to gather traders from around the globe, include binary options and provide the user-friendly trading platform. Trade4me is one of the top rated social platforms that gathers a big social network of traders.
Traders are doing the same thing as auto trading programs, but this is based on traders that trade for themselves. If traders are matching good results, others will follow them and copy their trading hints or binary signals. In this Trade4me review, we will show our personal experience with Trade4me platform and provide you with all important details about this trending platform.
Traders should keep in mind that social trading is not risk-free form of trading. They should always research platform and trading gurus before making final trading decision.
Why not try automated trading with the best auto software on the market Binary Options Robot?
How Trade4me Works?
The picture above says how Trade4me literally works. As we have mentioned before, there is an option to register with Trade4me for trading as trading Providers or trader Followers.
Trade4me Signal Provider: When you register as a trading Provider, you are becoming a signal provider that will provide other traders with binary signals. Trade4me gives you the option to set a price for your signals. Your signals can also be shared with the rest of network for free, but if you have the opportunity, why not to make money from your successful trading? Trade4me will give you 50% of all payments that are made from copying your binary signals! For example, if you have set your price of signals to $200, and trader decides to copy your signal for this price. After he copies your signal, Trade4me will promptly send him payment info for $200 + VAT if the trader is placed in EU). once he has transferred the payment, this trader can copy your signals for one month. Half amount of his payment will be sent to your account, which means you have earned $100!
Trade4me Copier: Most of the traders are using Trade4me for copying signals from other traders. This platform provides traders who are trying to give their best for creating best possible signals. Trade4me platform is based on information and it is offering traders to choose most successful providers. So, what copying trades means is that you will find a trader you want to follow, according to his trading results. We will explain more about copying trades in How to trade section.
Registering With Trade4me
Trade4me is free of charge for all traders, no matter if they register as Copiers or Providers. After filling the basic personal information (name, last name, email and username), you will be offered to choose the type of account you want to use. This means, you will decide if you want to become a Trading Copier or Signal Provider, as you can see on the picture bellow. We have opened Follower account to show how you can trade as Copier and place trades by following others. The registration process is more than easy, just follow the steps and you will be ready to trade in a few seconds.
*Note to Copy traders: Followers can copy trades from Providers but their trades can’t be copied. Your profile is always being private, including your trading history. Copiers results are never showed on leader dashboard.
*Note to Providers: Traders who generate signals can’t copy from other Providers. Providers profiles are shown in public and their history results are shown on leader dashboard.
Trade4me platform offers only one binary broker at the moment. We find this to be slightly negative aspect of this platform. But, although there is only one broker available, traders can link accounts that are opened before registration with Trade4me. This social network offers to trade with StockPair. If you have registered before, you can easily link your account with Trade4me platform. If you are a new user, first register with Trade4me and then open StockPair account.
Additional Trade4me brokers would improve user experience and provide more trading opportunities to traders who prefer social trading. Just one Trade4me broker is not enough.
Trade4me Trading Platform
Trade4me platform is a first social network that is developed for binary options trading. Like “etoro” is specialized for Forex, Trade4me is a leader in social trading with binary options. The trading platform is considered as leading source of binary signals. The platform itself is recently updated with 2.0 version which includes useful new features. Trade4me trading platform is a third party system that connects copy traders with signal providers and providing them binary brokers.
Independent Trading Platform
There is a difference between Trade4me and other trading platforms, like SpotOption, because this platform is being owned by an independent software company, with headquarters in France. They promise high level of transparency and ensures legitimacy and verification apart from broker’s history database.
Trade4me Mobile Version
At the moment Trade4me is in process of development for both App Store and Google play applications that will cover social trading on your smart devices. Since Trade4me is a web-based application, traders can easily use it on all device that has internet connection.
Excellent News for Trade4me Signal Providers
If you are focused on generating signals, Trade4me is offering you more ways to send signals to Trade4me platform. Implementing trading signals can be easy because Trade4me welcomes you with API interface that will allow integrating signals from one of following trading platforms:
- Meta Trader (MT4, MT5)
- Microsoft Visual Studio
Official Trade4me site has prepared all important data with codes and parameters that have to be implemented in order to communicate signals between your platform and Trade4me. If you have any questions regarding API communication, contact Trade4me customer support team that is available for any kind of questions. There is whole tech support team ready to code your trading system and connect it with Trade4me trading platform.
After you have registered you will be able to see top signal providers on the network. Each signal provider has its own profile that is helpful while you are choosing the best provider to copy. Signal provider profiles include activity that happened last month, last three months or in last six months. This portfolio also shows a pie chart with assets that are traded by this signal provider. All information can also be exported into Excel so traders can make deeper analysis when choosing the most appropriate provider for copying and follow. Traders can filter top providers in 5 different ways:
- win/loss ratio
- Number of trades
- Number of copiers
- Number of followers
After you choose your signal provider, click on follow to follow his profile or copy his trades for a certain amount of money. By choosing a Copy option, you will pay for one month of copying his trades. You can follow and/or copy as many providers you want.
Trade4me Company Details
Trade4me platform has over 8 000 active traders trading every day. According to their statistic, Trade4me has 58% of win rate. This social platform is pretty new, but according to the popularity that is growing each day, it is a very successful one. Trade4me is owned by company SAS Neutrino, based in Brest, France. SAS Neutrino is software company specialized in development of trading tools. The company has begun operations in September 2012.