Tradeo is focused on the social aspect of trading. The platform offers plenty of opportunities to follow other users trades and comments whether you want to check the general picture or the situation surrounding specific asset. Traders can send friend requests and chat directly to each other, just as they would do on Facebook or other social network. Users can select whether they prefer a public or a private trading profile. Those who chose public one are disclosing their trades and can be followed by other Tradeo users. This copy trading network doesn’t divide users on strategy providers and followers — everybody sees the same interface, which makes it easy to switch from one category to another or gain own followers while following others at the same time. Currently only limited amount of data is provided for each strategy.
Tradeo has it’s own broker connected to it and doesn’t allow trading via other brokerages. There are two trading platforms to choose from: MetaTrader4 and own trading terminal with enriched social listening features. The platforms offers Forex and CFDs trading with up to 1:200 leverage. The spreads are relatively high (starting from 2.2 pips on EUR/USD).
At the time of writing, the network didn’t have a clear compensation policy for strategy providers. Here is the reply from their customer service team: “You can become a top trader if you are active and make profitable trades. Commission plan will be ready soon and you will receive a notification about it.”
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