Social trading: IQ Option
IQ Option offers a social trading feature called "IQ Option Copy Trading". This feature allows traders to copy the trades of other successful traders on the platform. The Copy Trading feature can be accessed from the left-hand menu of the trading platform.
Traders can choose from a list of successful traders based on their success rate, number of followers, and trading style. They can also see the trader's trading history and statistics before deciding to copy their trades. Once a trader has chosen to copy another trader, all their trades will be automatically copied to the trader's account.
Traders who are copied by others are also incentivized to perform well, as they earn a commission based on the number of traders who copy them. This creates a community of successful traders who are motivated to share their knowledge and help others succeed.
Overall, IQ Option's Copy Trading feature allows traders to benefit from the expertise of successful traders on the platform and potentially improve their own trading results.