Tradeo signal provider
There is no pre-screening of signal providers and any trader with a public profile can be followed by other users. Whether you prefer to have a public or private account is a matter of choice. At Tradeo a user can copy strategies of others and be followed for his own trades at the same time. Unlike other copy trading networks Tradeo doesn’t offer any compensation to signal providers at all. The customer service department told us that the commission plan for top traders is currently being developed and will be announced soon, however they didn’t give a specific time frame nor did they disclose any details, except that in order to become a top trader (a top Tradeo signal provider) one has to stay active and make profitable trades. Tradeo social trading network is primarily focused on social aspect of trading. Signal providing from demo accounts is also supported. On the one hand, Tradeo model looks attractive for copiers as they know the person they follow is trading for his own benefits. On the other hand, this system has nothing to offer for professional signal providers willing to make money on selling their successful strategies — a lot of Tradeo signal providers are amateurs themselves.