WOO X Social Trading feature is now on the Desktop

WOO X Social Trading is now available on desktop, bringing all the mobile platform features to a larger screen for desktop-only users. WOO X Social Trading offers several standout benefits compared to other copy trading platforms. These features have been carefully designed to protect both Lead Traders and Copiers, creating a sustainable and fair environment for all users.

Key Features:

• Fair and transparent profit sharing model: Our high-water mark profit sharing model ensures that Lead Traders are rewarded fairly based on their performance. Copiers will share profits only when they are profitable, and not when they make a loss.
• Lead Trader curation: We carefully curate and select Lead Traders to ensure that our platform features only the most skilled and reliable traders, benchmarked against the top 25% of lead traders.
• Stringent Lead Trader screening process: Our rigorous screening process ensures that only experienced and trustworthy Lead Traders with a good track record are featured.

Desktop homepage

The desktop homepage showcases top-performing trading strategies. Users can view metrics including ROI, PnL, and drawdown for each strategy. It features intuitive options to copy or counter trades and highlights both high-ROI and risk-adjusted strategies.

Lead Trader strategy profile

The Lead Trader strategy profile provides a view of individual traders' statistics like ROI, PnL, win rate, and drawdown. Users can also see copier statistics, trading activities, and a detailed explanation of the trader's strategy. 

Lead Trader open positions

This view highlights the Lead Trader’s current open positions. See details such as the asset type, trade direction (long or short), quantity, average open price, unrealized PnL, and ROI. Users can analyze these metrics to decide whether to copy or counter the trades.

Copier profit and duration overview

This section displays the performance of existing copiers. Key metrics include PnL, ROI, copy duration, and balances. Users can quickly assess whether copiers are in profit or loss and how long they’ve been following the Lead Trader’s strategy.

Order History Details

The Order History section provides a complete view of a Lead Trader’s trade history. Key details include instruments traded, quantity, average open price, realized PnL, ROI, and trade status with timestamps. This transparency helps users analyze performance and make informed decisions about copying or countering strategies.

One-Click Copy or CounterTrade

Copy or counter a Lead Trader's strategy directly from the desktop interface. Adjust your investment amount and manage risk with tools like WOO Shield, which offers customizable stop-loss and slippage tolerance settings. The streamlined process makes trading easy and secure.

Trade smarter, not harder

Disclaimer 

The information provided in this article is for educational and general information purposes only and does not in any way constitute legal, financial or investment advice, or professional advice of any kind. We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. While every effort has been made to ensure the accuracy of the information contained herein, WOO X and its affiliates make no representations or warranties, express or implied, as to the completeness, accuracy, or reliability of the content. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

Social Trading, including Copy Trading, and any cryptocurrency-related transactions involve significant risk. The past performance of Lead Traders is not indicative of future results. You should not engage in Social Trading or rely on the performance metrics of Lead Traders without independently assessing your own risk tolerance, investment goals, and market conditions. It is advised that you carefully consider whether the trading strategies presented are suitable for your circumstances before participating in any trading activity on the WOO X platform.

The tools, strategies, and examples provided, including WOO Shield and any referenced Lead Traders, are subject to market risks and may not guarantee favorable outcomes. Users are solely responsible for their trading decisions, and WOO X disclaims any liability for potential losses incurred by following or copying a Lead Trader.

You should seek independent financial advice if you are unsure about your investment strategies or risk management approach. By participating in Social Trading on WOO X, you acknowledge and accept the risks associated with trading and the potential for financial loss.