Mirror Trader
Mirror Trader
Trade by Knowledge
The world largest B2B technology provider for copy / mirror / social trading
Mirror Trading is the core concept behind the unique offering of the Mirror Trader, Tradency’s innovative trading platform. The Mirror Trader is the largest technology provider for brokers with over 200 brokers and 2M retail clients users since 2005.
The Mirror Trading concept is quite simple: Tradency servers keep track of strategy developers’ “buy” and “sell” signals. By using the Mirror Trader platform, traders can view, analyze and evaluate signals sent by experienced traders and execute the signals in their own account.
How Does Mirror Trading® Work?
Strategy developers from around the world share their knowledge with users of the Mirror Trader platform. Tradency records all strategy developers’ “Buy” and “Sell” signals. This information assists Mirror Trader's users to decide which strategy’s signals they would like to have executed in their own brokerage accounts.
Mirror Trader important characteristics:
Trading Portfolio
The portfolio is the combination of the traders selected trading strategies for automatic mirroring. Creating an effective and balanced trading portfolio will diversify the traders' investment profile. Each trade generated by one of the trader's chosen strategies will be opened automatically in the trader's account.
Strategies Performance
The Mirror Trader presents detailed summary of the strategies performance, helping traders making educated choices. In the strategy card traders can find in-depth information about the strategies.
Strategies Filters
The key to successful mirroring is choosing the right strategies.The custom filters will identify suitable strategies according to the traders trading flavor and criteria.
Advantages for traders
Since 2005 the Mirror Trader platform has gained popularity with tens of leading financial institutions. The Mirror Trader’s popularity derives from its real, tangible value for traders. These values are validated by the understanding that the various tested and monitored strategies and the system's automation capabilities, puts the traders in a position where they can orchestrate a well-balanced collection of winning strategies.
Winning portfolio
The traders choose from the vast amount of Mirror Trader's tested and monitored strategies and build their own team of winning strategies.
24/6
These strategies trade automaticly 24/6. Traders can add, reamove or modify money management settings to suit their trading preferences.
According to a recent survey conducted among 1000 live, active users:
• 90.2% say Mirror Trader is easy to use
• 92.4% like the 24/6 automated trading capability
• 80.6% say they consider Mirror Trader as a long term
investment tool
90.2%
Easy to use
92.4%
80.6%
24/6 automated
trading
Long term
investment
Mirror Trader Tutorials
Automatic Mirror Trading Clients select strategies that match their personal trading preferences, such as risk tolerance and past results. Once a strategy has been selected, all the signals sent by the strategy will be automatically applied to the client’s brokerage account. No intervention is required by the client as all account activity is controlled by the platform.
Performance table Traders can select to subscribe for strategy trading based on the performance table. This is the main place for traders to compare between strategies based on their performance parameters such as profit, draw down, win% number of followers etc.
Strategy card is a more in depth analysis information for a specific strategy. Helping the trader to base his decision for selecting a strategy and providing trust by transparency information about the strategy. includes a trade by trade history, current open positions, summary of the pips by months, strategy description and more.
Forex Mirror Trader
A web based platform interface which has a full trading functionality for automated strategies trading and manual trading. Client journey is thoughtfully planned to allow quick activation of the account. The trades in the client account are mirroring the trades generated by the strategies selected to the client active portfolio. The platform provides full transparency of the strategies performance and the account status parameters. The Mirror Trader platform has tools enabling clients to evaluate and consciously select strategies to their portfolio.
CFD
Tradency has identified a growing demand amongst brokers to incorporate the Mirror Trading service into a CFD offering. Since 2014 Tradency offers an impressive list of experienced CFD strategies. Mirror Trader offers its CFD traders with a large variety of CFD instruments: S&P 500, crude oil, Google and more. A wide range of markets are available: equities, commodities, indices, energy, gold and silver futures.
Futures
Tradency extended its Mirror Trading success in the forex market to the futures market, by making it available to brokers from the attractive market segment.
Since the Mirror Trader concept suits all types of online trading markets, Tradency had put it forward to pioneer and lead the global mirroring futures market. The futures Mirror Trader platform had opened a new gateway for futures brokers and traders, presenting them with the concept of trading strategies as a trading tool instead of narrowly addressing strategy trading as a single source of investment.
Futures Mirror Trader platform:
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Advanced charting package with real-time & historical data
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Trading from chart
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Order entry
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Level 2
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Order tickets
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Entry & exit styles
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Mirror Trading advanced capabilities