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Vantage Launches Social Trading On Its Platform

Vantage, a multi-asset CFD broker extended its service by introducing social trading on its Mobile application. The broker agreed to this idea as a way to expand its client base and also ease the mode of operations for the clients.

Different from applications used by most trading platforms, the Vantage app can now support both regular and social trading.

Besides technological advancement, only a small twist can be noticed in the new operations and the old features. The signal notifications remain the same as well as leverage offers.

With the recently updated features, Vantage clients with low experience in trading will be able to interact with experienced traders in trading for a small fee.

Social trading started taking shape ten years ago with a huge stream of people registering for it. The strategy created room for the generation of different trading ideas and formulas to extract the market move.

The Shouts Behind Social Trading

Different trading platforms have focused on social trading as their mainstream to win more clients. The likes include DupliTrade, eToro, ZuluTrade, and Naga among others. Vantage’s push to have social trading services has been a long. The broker kicked off the services in the UK three months ago with a fruitful return.

“As our active investor profile gets younger, our clients have been more willing to explore and adopt innovative trading methods like social trading, going beyond traditional trading methods,” said Lian Jie, the Assistant App Marketing Director at Vantage.

“At Vantage, we understand how technology and innovation can transcend boundaries, so we have utilized the power of technology in our Vantage App to meet the needs of the next generation and provide a seamless and convenient experience for all our clients.”

Different from offering social trading services, other retail brokers who cannot afford the services have turned to different forms of engaging their clients including partnering with third-party copy trading services.

The exchanges have also turned into developing proprietary technology to stand on the equal. Moneta Markets added ZuluTrade to its operations as a co-partner in offering trading services. In addition, Plus500 introduced a tool based on big-data analytics that is a part of the broker’s foray into the social trading field.



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