Both the Libertex Social Copy Trading and Libertex Copy Trading services enable you to automatically mirror the strategies of top-performing traders in your own account. However, these two solutions for copy trading differ in nature and approach:
Libertex Social Copy Trading is a separate platform, available both as a mobile and web app, designed to provide users with a more community-driven experience and maximum setup flexibility. More information available here.
Libertex Copy Trading is a built-in tool within the main Libertex platform and can be a good option for traders looking for a more traditional and streamlined user experience. More information available here.
How to choose between Libertex Social Copy Trading and Libertex Copy Trading?
Here are key differentiators to consider when selecting the service that best suits your needs:
| Libertex Social Copy Trading | Libertex Copy Trading |
Type of solution | Dedicated mobile and web apps for copy trading | A copy trading feature within the Libertex platform |
Strategy providers | Other expert users registered in the app as "signal providers" | A team of professional traders from Libertex |
MetaTrader compatibility | Compatible with both MetaTrader 4 and 5 accounts | Compatible only with MetaTrader 4 accounts |
Deposit requirements | No minimum deposit required to start copying strategies | A minimum deposit required depending on the strategy |
Multiplier | Between 0.1x and 10x | Between 0.5x and 5x |