Starter’s Guide for Trader (Strategy Providers) in Exness Social Trading

Starter’s Guide for Trader (Strategy Providers) in Exness Social Trading

Welcome to Social Trading, an exciting new opportunity to trade! As a strategy provider, you can create ‘strategies’ which ‘investors’ copy; commission is rewarded for it to strategy providers as they normally trade.

This article is your guide to everything you need to know as a strategy provider.


About Social Trading

Social trading is a service by which investors copy strategies set up by strategy providers while they all earn on profit together.

The Exness Social Trading app presents an attractive way to share strategies for investors to copy, and is packed with features. Any existing Exness clients can start using the app with existing accounts, and can be an investor and a strategy provider.


Getting started

Signing in:

  1. Either choose Sign in with Exness account, or follow the on-screen prompts to register a new account.
  2. If you are registering a new account, select your country, choose an email address, and set a password; then set a passcode for unlocking the app and/or set Touch ID fingerprint biometrics.

    If you chose Sign in with Exness account, skip to step 4.

  3. New users will also have the opportunity to fill in their personal information for account verification.
  4. Congratulations, you are now signed in and ready to explore the Social Trading app.

The Social Trading app is divided into the strategy main area, Portfolio, and Wallet tabs.

Strategy Main Area

The strategy main area is where you can browse various strategies by various criteria, including By Currency and Most Copied among others. Further down, you will see the ability to browse all strategies, and sort them by:

  • Return
  • Risk
  • Commission
  • Number of investors

There are also a number of filters including:

  • Return
  • Risk
  • Number of investors
  • Strategy provider’s country

Portfolio

Keep track of all your active investments, copying history and available balance, as well as making deposits and withdrawals.

Wallet

Here you can manage account settings, verify your documents, start a LiveChat with support, find your partner link, and even make a deposit into your wallet.


Setting up and trading with your first strategy

How to deposit and withdraw funds

To deposit:

  1. Log into your Personal Area and select Social Trading.
  2. Click the ellipsis (...) on your strategy and choose Make deposit.
  3. Select a payment method and follow the prompts to complete.

To withdraw:

  1. Log into your Personal Area and select Social Trading.
  2. Click the ellipsis (...) on your strategy and choose Withdraw money.
  3. Select a payment method and follow the prompts to complete.

Breakdown of a strategy

Starter’s Guide for Trader (Strategy Providers) in Exness Social Trading

Each strategy has the following information:

  • Nickname of the strategy.
  • The name of the strategy provider.
  • A risk score out of 10.
  • A Return rating.
  • The commission rate.
  • The chosen leverage.
  • The number of investors currently copying the strategy.

As a strategy provider, you can set a strategy’s commission, and leverage only, and they cannot be changed afterwards. The nickname and about details can be edited from the Personal Area while the rest of the strategy’s details are automatically generated upon creation.

Statistics present the Return, investments and drawdown for the strategy with customizable graphs.

  • Return shows a strategy’s past performance.
  • Investments show the number of investments within the strategy made during a period.
  • Drawdown measures the greatest loss the strategy’s equity suffered during the selected period.

All of these statistics can be set to defined periods of time for your convenience.

Finally, Orders show all open orders as well as the history of orders made on the strategy. Clicking any item in the list will expand its details.


How commission works

When you create a strategy, you are able to set the level of commission that strategy will use. When your strategy starts to become profitable, investors will pay a certain percentage of their earnings to your account. However, no commission will be rendered from investors for loss and any profits made subsequently will not garner commission until that commission exceeds the amount of the loss.

Trading commission is calculated at the end of a typical trading period and takes a number of aspects into calculation. Here is the technical formula that is used to calculate commission:

Investment_Commission (USD) = (Equity+sum(Paid_Commission) - Invested_amount) * %commission - sum(Paid_Commission)
  • Equity - current investment equity.
  • sum(Paid_Commission) - total paid commission till date for the particular investment.
  • Invested_amount - investment’s starting balance
  • %commission - commission rate set by the strategy provider

All results from the formula are rounded down.

We recommend reading our more in-depth article about how commission is calculated to find out more.


Boost your strategies

There are a number of things you can do to make your strategies more attractive for investors to copy.

Here are a few tips:

  • The name of your strategy should be clear, eye-catching, and spelt correctly to garner trust from potential investors.
  • Carefully consider your strategy’s settings (leverage, commission etc.); the better they are for the investor, the more likely they will be to invest in yours.
  • Upload a profile picture that stands out, the more professional the better.
  • Add a Bio to your profile which is a brief introduction about yourself, your journey into the world of forex and your interests and hobbies in general. This is a way for you to connect with investors.
  • The About section is your opportunity to show investors that you’re the winning strategy; use it wisely. Consider the following:
Base your strategy’s About on what your strategy focuses on. For example, is it focused on metals? Or perhaps you specialise in a certain currency symbol.
Is your trading style long-term or do you prefer day-trading? Tell investors as much as possible so they are better informed and more willing to copy.

The better you are able to describe your strategy, the more likely you will find investors most suited to you.

Social Trading Partner Link

Your Social Trading Partner Link is another way to generate commission from both investors and strategy providers who sign up using it. To find it, open up the Social Trading app and navigate to the Wallet tab.

When you share this link with someone, you will start to earn commission for every completed trade they make after their initial deposit. This link can be shared easily with others on social networks, so don’t be shy sharing it.

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