Social trading in Aron broker
Join the most transparent trading platform and reach your goals by copying the strategy of popular traders in different brokers.
Forex trading is a complex and risky endeavor that requires expertise and experience. This can be gained through theoretical and practical training over time. As a trader gains experience, they will learn how to manage risk and make informed trading decisions. Eventually, they may become proficient enough to provide social trading services or create offers in Social Trade.
Why social trading?
Many people are eager to invest in forex and make a profit, but they lack the experience and knowledge to do so effectively. They may not have the time to learn about the market, and they may make emotional decisions that lead to losses. Social trading is a way for beginners to avoid these risks by copying the trades of experienced traders.
The social network of traders and the Social Trading feature at Aron Broker allow new entrants to the forex market to safely copy the trades of professional traders and profit with minimal risk.
If you are planning to enter the forex market, it is a good idea to start with social trading. Aron Broker gives you access to a network of professional traders with a proven track record, so you can achieve your desired profit with minimal time investment.
Aron Broker's Social Trading Terms and Conditions
- Investor Options
- The investor can follow as many traders or providers as they want. This means that investors can choose to copy the trades of as many traders as they want, depending on their risk appetite and investment goals.
- The investor has access to their account settings and can set and change the amount of each transaction for each trader. This gives investors more control over their Social Trading experience, allowing them to adjust their risk exposure and investment size as needed
- The investor can close the trades and cancel the trader's subscription at any time. This gives investors flexibility and control over their Social Trading experience, allowing them to exit trades or stop following traders as needed.
- By subscribing to Social Trading and selecting the desired trader, the investor agrees to pay the “Performance Fee” to the trader or provider. The amount of the performance fee will be different according to the type of transaction. This means that investors need to be aware of the costs involved in Social Trading before they start using this feature.
Trader Options
- Traders can set their own trading commission in exchange for providing Social Trading services. The commission is between 10% and 40% of the investor's profit from the transaction.
- The calculation of traders' commissions is based on the high-water mark principle. This means that the trader's strategy must have reached a higher profit than the previous profit in order for the commission to be awarded. The trader's strategy report will determine whether or not they receive a commission at the end of the period.
- Traders can choose whether to settle their commissions weekly or monthly.
- Traders must be committed to keeping the password of their trading platform and account safe and secure. They should not give their personal account information to anyone else.
Aron broker Options
- Full monitoring of the trader's activities and warnings in case of suspicious activity or statistical manipulation by the trader.
- Removal of the trader's nickname or photo and control of false or invalid information.
- Limitation of the commissions of the trader.
- Limitation of the primary accounts of the trader.
For more information and to learn about the rules and conditions of Social Trading in Aron broker, click on the link below.
Traders (Signal Providers) Registration Guide
- To become a signal provider, you must first check your trading status and deposit at least 500 USD into one of your trading accounts. To do this, go to your user panel, select the "Profile" menu, and complete the "Master Copy Trading Request" form. Your application will be reviewed and either approved or rejected.
- Once your application has been approved, go to the "Social Trading" menu and select the "Become Provider" option.
- Provide the requested information, select the "Master CopyTrader" account, and choose your trading leverage and default currency (USD).
- After your trading account has been confirmed, click on "Make an Offer" and create an offer to attract customers or followers to be included in the list of signal providers.
- Carefully configure your offer settings.
- After previewing the created offer, you will be presented with a confirmation of the offer creation.