Is There CopyOp Scam Activity ¦ Social Trading South Africa

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Is CopyOp a Scam?

Social trading is the latest big boom in binary options industry.

This new phenomenon became very popular on global markets, including South Africa also. For this reason, we decided to review CopyOp as one of the biggest brands as binary social network.

Although trading on social network is slightly different than usual auto trading software, it still enables traders to make trading moves and invest in binary options without previous trading knowledge.

In this part of review, we will provide our readers with info on whether CopyOp scam or is this a legit social trading network.

South African traders should know that this platform is part of AnyOption binary broker.

CopyOp is operated by Ouroboros Derivates Trading Limited.

It works in a way they provide traders to follow professional traders and copy their trades. Traders have an opportunity to use the knowledge of more experienced traders and invest in different assets in order to maximize profit.

We haven’t seen any signs of potential CopyOp scam. Elements that support this is the fact that AnyOption is a regulated trading platform. They obtain FSB license from South Africa (FSP 42020).

Another valuable information that shows there isn’t CopyOp scam yet is that they have listed detailed terms and conditions. Under About CopyOp tab, traders can find expanded version of Privacy, General Terms and Conditions.

To find any needed info, South African traders can use this tab and see that this social trading platform pays a lot of attention to ensure a smooth trading experience. Therefore, this review didn’t show any alerts of potential CopyOp scam.

CopyOp Login

Before CopyOp login, traders first have to create an account. When South Africans click on Sign Up button, a new window will open and traders can select if they want to login with AnyOption account, sign up via Facebook or fill in details on CopyOp platform.

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To open an account, traders have to provide following data: first and last name, nickname, email address, phone number and password. Once traders press “I’m Done” button, they will open trading account on CopyOp platform.

For each next time they want to join social platform, they only have to click on CopyOp login.

As mentioned above, traders who already have AnyOption account, do not have to register, they can just click on CopyOp login.

To do that, traders only have to provide username and password. In case of any assistance regarding CopyOp login, traders can click on Support and will be redirected to CopyOp customer support.

Our review showed how both registration and login process are very simple. Traders shouldn’t have to experience any problem. However, if assistance is needed, they can always reach customer support agents.

CopyOp Social Trading

Before we explain how CopyOp network works, we will begin with introduction of what social trading is.

Initially, social trading begin its path in trading currencies. The whole idea of how to create social trading networks and implement it in binary options came from social media.

Since popular networks, such as Twitter, Facebook and Instagram revolutionized everyday online communication, it was just a matter of time when this becomes a part of online trading investment.

Nowadays, it is more easier when people interact and want to hear experience of others to see how their opinion differs. Therefore, same can be applied on binary options industry.

South African traders can now rely on trading knowledge of more successful traders and place trades by copying theirs.

It is much easier to make a mistake when you fall trades, done by other more skilled traders. That is by far the most important benefit of CopyOp social trading. Thanks to CopyOp social trading platform and other ones, more and more traders are attracted to this new way of trading online.

CopyOp social trading network was launched in early 2020. They are owned by Ouroboros Derivates Trading Limited, just as AnyOption broker. This social platform is regulated.

Platform is easy to use and provides just enough features and tools for successful execution of trades in binary options. When traders log in to their trading account, they can have an overview of all trades.

They can choose to follow pro traders and copy their trades in order to achieve high payouts. Usually the biggest winners with CopyOp social trading network are regular experienced traders of binary options market. It is also important to mention that copying trades are free of charge.

CopyOp Withdrawal

Our CopyOp review showed us how it is possible to make payments with USD, EUR and GBP. it is important to note that it is not possible to change currency after registration. So that currency has to remain the same as in CopyOp withdrawal.

Regarding CopyOp withdrawal, traders should know that accepted payment methods are: bank wire and credit cards (Mastercard, Visa and American Express). For more details, it is advised to click on My Account under Banking tab.

While reviewing CopyOp, we discovered that there is no minimum CopyOp withdrawal amount. Also, one withdrawal per month is free of charge. However, for each additional CopyOp withdrawal in the same month, fee of $30 will be charged.

To make CopyOp withdrawal, traders first have to submit withdrawal request. Before making any payments, it is required to submit few documents, such as copy of ID card, credit card copy and proof of address.

What is Social Trading?

Do you want to learn more about the latest innovative way to trade binary options in South Africa?

After appearance of binary options and binary automated trading, a new option in now available for South African traders.

Check our guide article on topic what is social trading and why it became a phenomenon in binary trading on global level, including South African market too.

By reading our article South African traders can learn valuable facts about social trading and how they can use it to their benefit when it comes to achieving success in binary options trading.

What is Social Trading?

What is so appealing when thinking about binary options on social trading platforms? We can explain such popularity thanks to great technical improvements, which enabled traders in South Africa to experience a whole new level of trading binary options.

While using social trading network, traders can see how trading process can be simple yet profitable. In this binary guide, we will provide detailed information on numerous advantages that explain such sudden popularity.

From the very beginning, binary options industry enabled South African traders to participate on financial markets, whether they are beginners or pro traders. Social trading is also intended for inexperienced traders who don’t have enough trading knowledge to invest in binary options on their own.

With social trading, South Africans can follow professional traders and copy their traders with ultimate goal to maximize profit. This is excellent way for traders to participate on financial market and be successful by copying others who have excellent trading results.

By using social trading and copy trading, it is possible to learn from the best traders in the industry and even copy their trades, without having any trading knowledge.

Process of Social Trading – South Africa

Social trading has many benefits and therefore, it shouldn’t come as a surprise why is became widespread among traders globally as well as in South Africa.

In recent time, it is evident how social networks are getting more space for online trading investment. Due the fact it is possible to access platforms from almost anywhere, this might be as one of the reasons why traders decide to trade binary options on social trading networks.

Nowadays, there is an increasing number of South Africans who use blogs and chats for easy communication. Sol social trading fits perfectly in this picture since it provides exactly what South African traders need.

The most important element is to find a safe and trusted traders, which trades are successful and ready for copying. To know that, we recommend our readers to have some basic knowledge and at least, to check a specific trader. For example, it would be wise to check trader’s trading results and to know percentage of successful done trades.

Regarding safety, we recommend South African traders to wisely select social trading platform, check terms and conditions and see if this platform offers them what they need. Just as in regular trading process or automated one, traders have to keep in mind safety and that social platform is technically well equipped.

Available Social Trading Networks

To traders in South Africa, binary options industry enables several platforms for safe social trading. So far, we haven’t came across any scam activity regarding these social platforms and they seem legit.

Social Trading Advantages in South Africa

Our social trading review revealed us how this type of online investment is especially popular among new and inexperienced traders in South Africa. On social trading network, traders can learn from successful traders and copy their traders.

Majority of such platforms have listed results of each trader, where traders can then have an easy overview and are able to select pro trader in a more simple way.

By following good professional trader with winning results, South Africans can also benefit and earn money in a simple way. Rather than learning all tips and tricks on how to improve trading knowledge, on social trading platforms, traders have amazing opportunity to communicate directly with pro traders and follow them.

Both social trading and copy trading are great way for new traders to experience positive binary options trading.

As mentioned above, it is actually very simple to follow a trader and copy his successful trade.

As a new way of investing, we believe this is just a beginning for social trading. Thanks to many benefits, it is plain to see there will soon be even more interest in social trading platform regarding investment in binary options.

Social trading forex brokers list

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We take a decidedly different stance regarding drawdown than how it is computed in MT4, insofar as we include open trade drawdown in determining maximal drawdown.

Accounting for open trade drawdown is an essential step towards understanding the true drawdown picture. If a trade analysis system ignores it, it is creating a distortion of the actual drawdown. There are far too many systems and traders out there who have had massive open trade drawdowns, and, if they are lucky enough to close these positions in profit, they think they have had no drawdown at all.

CBF Calendar is the first global economic calendar to employ it’s own proprietary http ‘push’ technology to push data to the user browser immediately after data becomes available. One advantage of employing this technology is that CBF Calendar is able to deliver data faster and more efficiently. CBF Calendar was built with the latency and accuracy sensitive trader in mind so the data is right in front of you, fast and easy to digest.

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Bellow is a list of the top Forex Social Trading Networks and Platforms

FxPro Supertrader is the social trading network of the FxPro broker. Strategies there go though a strict review and performance test prior to being accepted. It is also backed up by the FxPro Agency Model, No Dealing Desk eliminating any conflicts of interest.

Social trading is a new way for retail traders and investors to access the financial markets. It builds on the concept that the collective wisdom of thousands of traders is better than the wisdom of one. By connecting traders from all over the world into a network and sharing their views and trades real-time, investors can use that information to make social rather than fundamental or technical trading decisions.

As a trader you can either use this “social” information to make your own decisions and trades (i. e. self-trade) or decide to automatically follow and copy one or more traders (i. e. auto-trade).

– See more at: socialtradingguru/#sthash. sRHiOqga. dpuf

Social trading is a new way for retail traders and investors to access the financial markets. It builds on the concept that the collective wisdom of thousands of traders is better than the wisdom of one. By connecting traders from all over the world into a network and sharing their views and trades real-time, investors can use that information to make social rather than fundamental or technical trading decisions.

As a trader you can either use this “social” information to make your own decisions and trades (i. e. self-trade) or decide to automatically follow and copy one or more traders (i. e. auto-trade).

– See more at: socialtradingguru/#sthash. sRHiOqga. dpuf

Social trading is a new way for retail traders and investors to access the financial markets. It builds on the concept that the collective wisdom of thousands of traders is better than the wisdom of one. By connecting traders from all over the world into a network and sharing their views and trades real-time, investors can use that information to make social rather than fundamental or technical trading decisions.

As a trader you can either use this “social” information to make your own decisions and trades (i. e. self-trade) or decide to automatically follow and copy one or more traders (i. e. auto-trade).

– See more at: socialtradingguru/#sthash.6SAAM80s. dpuf

Social trading is a new way for retail traders and investors to access the financial markets. It builds on the concept that the collective wisdom of thousands of traders is better than the wisdom of one. By connecting traders from all over the world into a network and sharing their views and trades real-time, investors can use that information to make social rather than fundamental or technical trading decisions.

As a trader you can either use this “social” information to make your own decisions and trades (i. e. self-trade) or decide to automatically follow and copy one or more traders (i. e. auto-trade).

– See more at: socialtradingguru/#sthash.6SAAM80s. dpuf

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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