Question 1

Why is social trading so popular nowadays?

Accepted Answer

Social trading brings the collective wisdom of the experienced traders direct to you. AvaSocial is an innovative trading application that allows registered traders at AvaTrade South Africa to interact with one another in unique ways. Social trading is ideal for new traders and existing traders, since it allows for sharing and executing of trades in a central network. By understanding how the experts manage their funds and trading activity, it's possible to copy their strategies and achieve greater levels of success. AvaSocial is one of many powerful resources available to South African traders at AvaTrade.

Question 2

How was AvaSocial created?

Accepted Answer

AvaTrade partnered with Pelican Trading to develop the proprietary social trading technology known as AvaSocial. The social trading solution was integrated into AvaTrade’s mobile platform. This facilitates seamless information sharing, learning, and trade execution among traders on the network. The fully customised mobile app is fully regulated by the FCA (Financial Conduct Authority) of the UK. Currently, AvaSocial is readily available in multiple languages including, English, German, French, Italian, Spanish, traditional Chinese, Japanese, and Vietnamese. Simply download the app, open your social accounts, enter your MetaTrader 4 login data, pick your assets, add funds, and start copying other traders.

Question 3

What are the best features of AvaSocial?

Accepted Answer

AvaSocial’s all about social trading within the AvaTrade community. The social trading app shortens the learning curve. This brings copy trading into focus, where you can discover mentors, ask questions, and copy trades. By learning from the best, you mimic their performance in your own portfolio. Plus, there are real-time trading signals, updates and social sharing of important trade-related data. AvaSocial traders can also share their successes, frustrations, and ideas with a community of like-minded traders. Other benefits include access to scores of markets, across a wide range of financial instruments such as currency pairs, cryptocurrencies, commodities, indices, and stocks.

AvaSocial - Taking Social Trading To The Next Level

AvaSocial - Taking Social Trading
To The Next Level