Social trading became extremely popular after the launch of the various social media. In a nutshell, the social trading refers to a trading network that connects the traders and followers together. So the followers are allowed to view and analyse the performance of the traders and if they wish they can even follow the traders automatically through the system or manually they follow the trades of other traders. For followers, to become successful traders they just need to follow the successful traders. So, when the traders profit from their own trading the followers are also making profits by simply copying the traders’ trading strategies. In nowadays, there is a large number of Forex Brokers and affiliates that offer the social trading and it became extremely popular feature among the Forex industry.
