ar
Social
Trading
Social Trading Features
Discover the power of Social Trading, where you can connect with top traders, learn from their strategies, and replicate their results.
Learn from the best
Full risk management
Real-time trading
Replicate trades instantly, ensuring you never miss an opportunity.
Performance tracking
How Does Social Trading Work?
1
Select a Strategy
2
Copy Trades Instantly
With a single click, you can start copying their trades automatically, with no manual intervention needed.
3
Monitor Your Success
Track your portfolio’s growth and adjust your settings. Or switch providers whenever you like.
Become a Strategy Provider
Have your own winning strategy? Share your expertise, grow your following, and get rewarded when others copy your trades.
Return (12M)
If you’re an experienced trader and want to share your winning formula with the world, register as a strategy provider and tap into limitless earning opportunities.
Turn your skills into income
Build your reputation
Earn while others learn
Frequently Asked Questions
What is social trading?
Social Trading is a feature that allows traders to connect with and copy the strategies of experienced traders in real time. It lets you follow top-performing traders, automatically replicate their trades, and learn from their market insights. Whether you’re a beginner or a seasoned trader, Social Trading helps you tap into a global community of top traders to diversify your strategies.
How can I get started with social trading?
Follow these steps to get started with Social Trading.
1. Create an Account: Visit the Daman Markets website and sign up for an account. Fill out the necessary details and submit your application.
2. Account Approval: Once your account is approved, you’ll receive an email with your login credentials.
3. Log in: Use the credentials from the email to log into the Daman Markets portal.
4. Access Social Trading: Once inside the portal, click on the “Social Trading” option and navigate to the Social Trading homepage.
5. Register & Browse: From the Social Trading homepage, register for social trading and start browsing through strategy providers. Select the traders you’d like to follow and copy their strategies automatically.
What are the fees for social trading?
Daman Markets does not charge any fees for using the social trading feature itself. However, strategy providers may charge a performance fee, which varies depending on the provider you choose. Before subscribing to a specific provider, it’s important to carefully review the details of their offer, including any fees associated with their strategy.
Can I follow several strategy providers?
Yes, you can follow multiple strategy providers simultaneously from a single trading account with Social Trading. This gives you the flexibility to diversify your portfolio by tracking the trades of several successful traders at once, allowing you to benefit from a variety of strategies and market approaches.
How should I choose which providers to follow?
To select the most suitable provider to follow, we recommend examining their performance rating, including their max profit amount and overall returns. You can check this for each strategy provider here.
How can I unsubscribe from a provider?
After logging in to your Client Portal, navigate to the Social Trading section and select “My Providers.” Here, you’ll find a list of all the providers you are currently following. Select the provider’s name and click on “Unsubscribe” to stop following them.
How can I become a social trading strategy provider?
To become a provider, sign up with Daman Markets and access the Client Portal. Navigate to the Social Trading section, where you can initiate your application by clicking on the Provider Questionnaire.
In this process, you’ll be required to furnish a valid trading account number, offer a concise overview of your trading strategy, and specify the performance fee you wish to charge your followers.