Tickmill announced the
launch of its latest product: Tickmill Social Trading. The platform is set to
further help successful and regular traders, and IBs
to explore new earning opportunities. The platform allows successful traders to
share their own strategies with other traders. The most successful strategies are
displayed and ranked on the main website page and traders can choose the strategy
or trader they would like to start copying.
The trades automatically
replicate from the Strategy Provider to the Follower account, without any need
for the Follower to take any action. Strategy Providers on their end trade on
their own account and earn Performance Fees on the profits they generate for
each follower. The percentage of the Performance Fee and the frequency of the
payment (weekly or monthly) can be customized.
For the launch, Tickmill has
announced an exclusive offer for Strategy Providers: for every Follower that
copies a Trader for 30 days, Tickmill will pay up to $30, until a maximum of
100 Followers.
“We are thrilled to
launch this new project that we have been developing for a while now to empower
our traders’ experience. Tickmill Social Trading aims to bring closer together
Tickmill traders in a mutually beneficial way, offering them an opportunity to
optimise their trading journey and foster a community of traders of different
experience levels that can learn from each other,” commented Sudhanshu Agarwal,
Executive Director of Tickmill Ltd.
Social Trading is allowed
across any server (MT4 or MT5) and any asset
available at Tickmill Ltd and is available to any client of Tickmill Ltd
(Seychelles). More than one trading account is allowed, with the possibility to
act both as a Strategy Provider and Follower, using different trading accounts
under the same registration.
Tickmill is renowned for its
excellent trading conditions across most of its 600+ Assets. Tickmill Social Trading
allows traders and IBs to capitalise on these conditions and allow for their
strategies to earn them performance fees.
“Tickmill Social Trading is
expected to benefit not only traders by giving them simple access to the strategies
of successful traders, but it’s also an important tool
to help our partners develop their network and enhance their services. Tickmill
Social Trading is therefore a key step in our commitment to help our partners
grow with us,” said Carla Nemr, Chief of Business Development at Tickmill.
Learn more about the
platform and how you can join here.