Social trading software is available for MetaTrader 5 now
This week we have completed testing MT5 UpTrader Invest - a social trading platform for MT5 white label and forex brokers. It’s the second investment service created by UpTrader. The first one was launched for the MetaTrader 4 platform in April 2021. So now all brokers that work with MT4 or MT5 White Label or have their own MetaTrader get the opportunity to level up their business with a well made social trading platform which gives you flexible settings and easy management.
MT5 UpTrader Invest is based on the technologies of PAMM, MAM, and social trading. It means that you can choose how your money managers and clients will earn money with you. The main difference between these modules is how investors and masters will see the profit and funds.
If you choose MAM MT4 or MT5, the master (money manager) trades using investor funds, Investors can see individual trades.
If you choose PAMM, the master trades using investor funds, Investors can’t see individual trades.
If you choose Social trading platform, master can’t see all the funds,
Investors can see individual trades.
The features of the copy trading platform “MT5 UpTrader Invest”
The main thing is that our copy trading platform is highly stable. That means there is no loss of connection during copying of trades. A lot of similar investment services have such problems, and it makes their services poor. That’s why we had found a solution before we started to develop this platform. As a result our clients have a quality service for their investors.
The good news is that brokers can keep earning money how they are used to.
It means that anything already used by the broker will be ok: spreads, fees, automated trading advisors. The copy trading platform works with any variations of A-book and B-book. In addition, A-book brokers will be able to hedge their risk more efficiently.
Forex affiliates (Introducing Brokers):
If you have a multi-level partnership program and work with forex affiliates, you can let them use our copy trading software to help attract new customers. The partnership reward will be paid out automatically as usual.
- To get information about all the features, please go to the page.
- If you are interested in a forex social trading platform white label for MetaTrader 4 please go to the link for a big interview with UpTrader CEO Vasily Alexeev about ‘MT4 UpTrader Invest”
- Also you can leave a request for a presentation and we will contact you as soon as possible. [email protected]
PAMM - percentage allocation management module (Similar to MAM, but the history of trades isn’t available to investors)
MAM MT4 and MT5 - Multi Account Manager in this solution, the trader operates in the accounts of several clients at once. Investors transfer their funds to the accounts of managers. Each client has an account to track their part of the common trades.
Social trading - automated copying of trades to the accounts of investors. Funds remain in investment accounts, and the trades are also placed there.
Social trading software /platform - investment service for MetaTrader 4 / MetaTrader 5 white label copy trading platforms which allows your customers to invest in investment strategies and get profit by coping orders from successful trading accounts.
Launch market analytics feed in your Forex CRM
Which extra services do you offer your clients? If you think that a trading terminal, fast fund withdrawal, and copy trading services are enough to keep your clients loyal and satisfied, then you may not know your clients very well or have never tried to offer them something else.
One of the UpTrader brokers broadcasts a daily stock market analytics feed and technical analysis to its clients right in their personal account. Its CEO kindly allowed us to analyse their data for 2021. We considered two client groups: those who read analytics and those who do not. The results speak for themselves.
In 2021, customers who read analytics deposited on average 15% more per customer compared to those who did not use this tool. The median bill was 25% higher. At the same time, their trading volume increased by 230%!
Do you want the same results? Easy-peasy!
Daily up-to-date market analysis available in the trader’s room might increase the trading volumes of your company, resulting in more potential profit. This tool is already integrated into the UpTrader Forex CRM, however, only a few of our clients use it for additional sales.
Every day, market experts collect information, prepare materials, and publish technical and fundamental market analysis used by thousands of traders around the world.
This tool is already available to you in UpTrader Forex CRM. To begin broadcasting the feed, contact our support team, and you will gain access to an excellent tool for increasing sales and loyalty of your customers starting tomorrow.
Withdrawing funds from trading accounts is a very important part of business, because there are plenty of underlying issues that can cause serious reputational consequences for a broker and stress for clients. Fraud, stop-outs, withdrawal requests for a bigger amount than available equity, mismatch of payment details, problems with payment systems, KYC/AML non-compliance and a lot of other problems.
To avoid these problems and make withdrawals without risks for a broker and fast for a client, it is better to follow a certain procedure, where every step is under control of your departments. Your Forex CRM must have flexible settings of an approval withdrawal system.
The UpTrader team has developed a flexible withdrawal approval system that is integrated in UpTrader Forex CRM. For example, you can set it up so that your CEO will be making final approval of withdrawal requests of certain big amounts. You can set up this rule for all requests or only for those that are already approved by lower-ranking staff. It’s up to you. It is very important to verify your client with a KYC check, confirm payment details, to do this just direct all requests through a Compliance department. In some cases you might need requests approved by a phone call, so that you are sure that requests are submitted by a real client, not a scammer, so you can set up obligatory manager calls.
All these settings can be easily added in UpTrader Forex CRM.
UpTrader Forex CRM has the following settings you can use:
1. Approval depending on request amount
Withdrawal control is a standard and necessary procedure for financial broker security, but this doesn't have to prevent traders from withdrawing and depositing money quickly. For example, you can allow to withdraw all requests under $100 without additional checks. It means any withdrawal under $100 will occur automatically, but in a case you want to manually approve any amount, you can do it.
2. Know your client system in your Forex CRM.
Establish a rule that requests of any amount are directed to a Compliance department to complete KYC procedures.
3. A withdrawal amount is larger than the client’s deposit
If you hedge risks and use a hybrid model and a bridge, you probably need to control trading activity especially in an important market news period to control financial risk.
If you have special needs related to withdrawal approval procedures, write to [email protected] and we will see what we can do for you.
The main annual international fintech exhibition iFXEXPO will be held on 4-6th October 2021 in Cyprus. Vasily Alexeev, UpTrader CEO is going to be there. He will represent the UpTrader team and be ready to meet with our clients and partners.
UpTrader has released new services this year like a copy trading platform for MetaTrader 4 and MetaTrader 5, and it will be a pleasure to show you this popular service.
We are glad to invite all our clients and partners over there. This is a good occasion and nice place for efficient networking.
To make an appointment with Vasily Alexeev, please write to [email protected]
See you there!
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