As mentioned in previous articles EX Trading mentioned. Exness is one of the most reputable and popular foreign exchange exchanges in the world. In addition to attractive partner programs from Exness. Allows traders to share referral links and receive high commissions after each valid and successful trade order of the referred person.

Did you know that Exness has launched its own social network? It is a social network called Exness Social. Allows every trader to trade. And share your knowledge with other traders globally. You can copy the top successful trades of experts for research. Or maybe become a leader. To earn more income from sharing your strategies. Through this article, let’s find out together.

What is Exness Social?

Exness Social is a social trading platform developed by Exness itself. Aim to create a global trading community. Where investors can exchange and cooperate. And develop your skills. This social network gives you access to thousands of different trading strategies. From top and professional traders. Then copy them to your account. 

You can become a leader in coming up with eye-catching campaigns. Attract more traders to copy you. And receive a commission from their profits. You can participate in discussions and exchanges. Review of other strategies on the Exness social network. To learn and improve skills.

So what features does Exness Social have?

Exness social network has many outstanding features to help you have the best trading experience such as:

• Copy trading

You can copy successful trades from leading experts on the it. For analysis and research. And evaluate to limit risks when trading. You need to create a Copy Trade Exness account for yourself. Then you just need to choose the leader you want to copy, and set up the copy form. Exness Social will take care of the rest for you.

You will receive profits or losses with the leader. Depends on your level of copying. You can stop copying at any time, or you can adjust the copying parameters.

• Social trading

You can track successful trades and strategies. Or you can view statistics and reviews of other traders on the Exness social network. You can analyze and get inspired. As well as learning and adding knowledge. You can also participate in discussions and evaluate trading strategies. And share your opinions and experiences.

You can follow other traders on Exness Social. So as not to miss any of their updates.

• Trading leads

To attract other traders to copy your strategy. And get more income from their sharing.

You just need to open a lead trading account. Set up copying fees and other details. And start trading. You will be able to receive a percentage of profit commission from traders who copy you. Based on the cost you set.

You can also increase your credibility and reputation on Exness Social. By maintaining trading performance. And highly active interaction with the community.

>>>See more: Open Exness Account: Latest guide for new traders

Benefits from Exness Social

Can bring you many benefits. Even if you are new to trading in the Forex market. Here are some benefits that you can refer to:

• Save time and effort

You don’t need to spend a lot of time. Or the effort to research or set up transactions. You just need to copy the trades of successful traders on Exness Social. And let them do it for you.

You can also take advantage of knowledge. And the trading skills of a professional trader. To learn and improve your skills.

• Increase profitability

You can increase your profitability. By copying effective and diverse campaigns on Exness Social. You can also minimize your risks. Optimize your profit/loss ratio by adjusting copy parameters as desired.

Additionally, you can also earn extra income from sharing your strategies. If you become a leader on Exness Social.

• Enjoy flexibility and convenience

You can use it flexibly and conveniently. Because it fully integrates with Exness’ MT4 (MetaTrader 4) trading platform. You can access this social network via computer. Or your phone at any time.

You can switch between copy trading and social modes. And lead with ease. With just one click.

• Enjoy safety and transparency

You can rest assured that is a safe and transparent platform. Because it is managed by Exness. A leading reputable broker in the Forex market. And licensed by many countries around the world.

You can update the situation. And see detailed information about traders. Strategies on Exness Social. To make copying decisions. Or follow traders on social networks. To find your goals and trading style.

Disadvantages of Exness Social

• There is no risk insurance

You need to know that copy trading is a high-risk form of trading. Because you cannot completely control the leader’s transactions. You can lose all your money if the leader makes a mistake. Or change their strategy.

You may also be affected by other factors such as delays and interruptions. Or there are technical errors. Exness Social does not have risk insurance for businesses. Or investors. So when you make a copy transaction. You should be responsible for your own transactions.

• There is no diversity in account types

Currently, Exness Social only supports Standard Cent trading accounts. With a maximum leverage of 1:2000, the minimum lot size is 0.01 lot. And no commission. This account type is suitable for new traders with little investment capital. However, it is not suitable for experienced investors. Or want to use another account to trade.

Does not yet support other account types such as Pro, Zero, Raw Spread, and ECN. So you need to consider carefully before choosing your trading platform.

End

In short, Exness Social is a social network that brings investors many benefits. Thanks to this social network. Traders can create a huge community. Let’s share our trading knowledge and experiences together. At the same time, it can be analyzed, researched, and explored. Or evaluate strategies to learn.

You can log in to the official Exness website. For more detailed information. And register for a free trading account. You can contact Exness customer service for support. And answer related questions about Exness Social.

Hopefully, EX Trading‘s sharing will help supplement traders’ knowledge. Good luck.

>>>See more: Exness Copy Trade: An opportunity for a successful trading strategy