The Tradeo social trading platform

Tradeo review

Tradeo is a social trading network open to all forex traders. The main purpose of Tradeo is to enable traders to work together, exchange ideas and automatically copy other traders' trading strategies.

Tradeo was first launched in 2012 for all brokers offering the MetaTrader 4 and ACT Trader platforms, but in May 2014 Tradeo changed its strategy by becoming an actual forex broker. You can no longer connect to the Tradeo social network via an external broker, all of the mirror trading features can now only be accessed via the Tradeo platform.

 

 

An STP broker (No Dealing Desk)

Tradeo is a subsidiary of the Hogg Capital Investments Ltd. financial investment company that is regulated by the Malta Financial Services Authority (MFSA).

You can test Tradeo's services and platform with a free demo account. Their online brokerage service offers a choice of 170 trading instruments (forex and CFD) with leverage of 200:1.

As an STP broker, Tradeo simply transmits your trading orders to liquidity providers through a fully automated system (No Dealing Desk). This means that the brokerage does not profit from its clients' losses.

There are no commissions to copy traders apart from the spread (ex: 2.2 pips for EUR/USD).

 

Segregated accounts

All client funds are held by Tradeo under the laws of Malta and the MiFID's European rules. Your free margin (funds that are not committed to a trade) is kept in a separate, off-balance account in a qualified and licensed bank (HSBC). Client accounts are therefore never mixed with Tradeo's funds. In the event that Tradeo goes bankrupt, your funds would not be accessible by Tradeo's creditors.

 

MetaTrader 4 and expert advisors (EAs)

Most Tradeo users prefer to use the online social platform, but you can also use the MetaTrader 4 terminal. You can therefore easily synchronise your Tradeo account with the MetaTrader 4 platform in order to use expert advisors.

 

Social Trader

Social Trader is a web-based trading platform with fully integrated social trading features. In most trading platforms, users must switch between social information screens and trade execution screens; Tradeo's Social Trader is one of the first platforms that fully integrates both functions (trade execution and social functions) within the same interface.

Social Trader's main features (accessible on a single screen) are:

  • Real-time price quote display,
  • Trade execution and management with (for example) a feature that closes several positions with one click,
  • Real-time charts that offer the usual features such as technical indicators and different time frames, but also have social trading features: see other users' positions and orders on charts in real-time,
  • Copy a trade by clicking on the position right on a chart,
  • Initiate a trade directly on a chart,
  • A social news feed that displays the signals sent by other traders in the Tradeo community,
  • A trading feed that includes details of trades of people you follow and your copied positions,
  • An RSS news feed with the latest major forex news events,
  • A chat feature that allows you to discuss the market with other connected traders.

 

Copy Trader

Tradeo's Copy Trader platform allows users to automatically find, follow and copy other traders within the social trading network. Traders can be filtered using a variety of parameters such as experience, trading style, average duration of trades, drawdown, real vs. demo account and the average leverage that is used. They can also be sorted based on their historical performance and the number of followers they have.

You can copy a trader the standard way (choosing the size of your positions) or the dynamic way (you let the trader choose your position sizes) and set the risk by adding a maximum loss limit.

All users connected to Tradeo's social trading network can choose whether or not to share their trades. There is no commission offered to traders who share their trades, but traders who join the social network benefit from free access to the Social Trader trading platform.

 

Discuss trading opportunities with other network members

Tradeo discuss

 

Monitor traders right on their charts

Tradeo observe

 

Copy traders

Copy traders

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Tradeo