MT4 ORDER COPIER/SOCIAL TRADING PLATFORM

CLOSED
Bids
9
Avg Bid (USD)
$1568
Project Budget (USD)
$750 - $1500

Project Description:
Social trading is the newest, most empowering and most rewarding way for traders to get access to the financial markets by linking traders from all over the world into one big network sharing their trading skills and information together. Social trading empowers traders to use each other’s skills to trade smarter together, learn from each other and that collective wisdom can take your customers trading to a level never thought possible before.

It works on several levels, enabling FX and CFD Dealer’s customers to utilize social trading as it suits them. Whatever their financial investment goals or style, social trading is sure to enrich and empower their trading experience. Staying informed about what other traders are doing gives your customers valuable insight into market trends, innovative strategies and trading ideas and timing. They can do so by choosing to “Follow” the traders that they find more interesting.

The most direct way to benefit from social trading is to copy. If your customers spot a particularly promising trade in the live trading feeds or in a trader’s personal profile they can quickly open the same trade by clicking on “Copy”. However, if they spot a trader who is consistently profitable it’s much easier to use the “Order Copier” feature to start copying their trades automatically. In fact they can even choose to dedicate their entire account to recruiting traders to trade for them through our Order Copier technology, building what we call a “people-based” portfolio.

Here are some of the features we would like to include:-
1. Mirror Master Trading Account Risk - The client account can choose to trade the same risk in percentage terms as the master trading account. It also provides a multiplier option where the client can choose to trade 25%, 200% or 60%, etc. of the risk taken in the master account that they are copying.
2. Mirror Master Account Lots - The client account can choose to trade the same lot size as the master trading account. There is a multiplier option in this feature so they can choose to trade 25%, 200%, or 50%, etc. of what the master trading account lots is trading.
3. Fixed Percent Risk as the Master Trading Account - The client can choose that each trade will have the same risk in percentage terms, no matter where the Stop and Loss orders are in the master trading account. It will automatically figure out the lot size based on the Stop and Loss orders and percent desired.

Skills required:
PHP, Software Architecture
About the employer:
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