SpotFollow- Social Trading that pays.
SpotFollow by SpotOption is a social sharing feature which creates a social environment that connects traders. With SpotFollow, traders are able to follow and replicate top traders positions so they can join the success. The feature enables traders who don’t feel confident enough in making trading decisions to locate the top leading traders, and mimic their positions.
This strategy tool is available on the trading platform and it allows operators to offer social trading on their websites. The top traders represent the platform’s most successful traders across all asset classes on that specific website. The trader’s decisions are based upon a number of parameters such as the number of transactions that were made, others trader’s success rates, the number of followers they have and a summary of the top trader’s winning amounts.
SpotOption developed SpotFollow in order to meet the needs of customers who are not sure how to trade and help them make better decisions. This tool offers a new way for white labels to convert more depositors into active traders. Spotoption is constantly developing innovative tools to attract new and existing traders to the white labels website. SpotFollow connects traders and brings them to a higher level in trading.