4:14
novice
June 13, 2022
back to overview

what is social trading?

Social Trading, in short, allows people to follow and ‘copy’ a high performing trader; automatically buying and selling when the trader does. On our platform, we allow you to passively copy experts that become maxxer Social Traders. It is simple, easy and secure and maxxer is the first crypto-exclusive Social Trading exchange.

*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.

how it works

The actual act of copying a Social Trader is no easy feat. When we say ‘copy trading’, we mean you get the exact same price that the Social Trader does on their trade. Otherwise, you may as well stick to buying a few minutes after these social media ‘influencers/signal-givers’ who cannot wait to sell after your buys! maxxer Social Trading solves this problem: your copy trade is executed in the exact same request as the expert. To do this on a large scale is incredibly complex but also incredibly effective, and has not been done to the scale we deliver.

Setting up a copy trade has been made as easy as possible. It is as simple as attaching your investment to your Social Trader of choice, and continuing with your day whilst they watch the chart and decide when and how much to sell (It can also be in your control with stop/loss limits). After they have sold, your investment is returned to you with any profit that has been made! Relative to your contribution, of course.

how do i choose a social trader to copy?

This is where maxxer really excels as a new standard for crypto trading. We have fresh innovative features to not only help you to find the right Social Trader to copy, but we also make it fun for both novices and experts alike. Crypto exchanges can be very daunting to new investors, that is why we focus on a friendly and gamified system so you can enjoy trading crypto. The 3 main features are the Social Trading League, Badge Ranking System and the Risk Score Algorithm.

social trading league

What better way is there to determine the top traders on maxxer than through a trading league? It is clear and as easy to follow as a traditional football table, and just as much fun for top traders to compete against each other in. There are 5 leagues, from ‘Bronze’ to ‘maxxer’, where Social Traders of all levels are competing to advance their position for greater status and rewards. The better their trading performance, the higher their positions in the leagues. We have also integrated a badge system so Social Traders can show off their achievements and make them more recognisable as a top trader; a trader on a hot streak will receive flames around their icon pictures to show they have been performing very well recently, for example.

A new investor can use the league to find the best performing Social Trader to copy that fits their style. When someone sets their account to Social Trader their portfolios become public to their copiers, so if you are looking for someone that trades mostly ETH, for example, you can easily find by checking the league and their Social Trader profiles.

badge ranking system

Badges also act as an important qualifier for helping the community determine who knows what they are talking about, and who should be listened to. For example, a discussion on BTC's chart is taking place on a post within the platform and MoneyMaikel joins in. He’s got a maxxer league winner badge, with hot-streak flames around his icon. Due to these badges, the community will naturally respect what MoneyMaikel is conjecturing.

There are hundreds of badges to be awarded to maxxer traders, these are great achievements to show-off and also help the community recognise who is a skilled trader.

risk score algorithm

So the Trading League is one great and fun qualifier to help you find a trader to copy, but to further help you find the style of trader you want we include the Sortino Risk Scale. In short, the Sortino ratio measures the risk-adjusted return of an investment asset, portfolio, or strategy. This means that each Social Trader will have their own risk scores depending on how they trade. If your plan is to invest slowly and steadily you will want a trader with a lower score (a 2 or 3), or if you want a trader that takes more risk you will prefer a higher score (7 or 8).

The Sortino Ratio is a proven formula to determine risk, but remember the top performing traders can have completely different scores and still turnover the same amount of money. It is down to you to choose between high-risk high-reward, or safe investments and steady gains.

social trading for experts

maxxer also offers a more accredited platform to attract experts who want to become Social Traders in a regulated environment. Anyone can change their account to a Social Trader, but only the best make it to the top leagues where the rewards become more and more significant.

For example, with a trading volume of €1m+ in the top maxxer league Social Traders will receive at least €2500 as a reward. With consistent high performance more users will award badges, word will spread, and more people will follow, thus increasing the total trading volume. Our top projections show that the top performing Social Traders by volume can earn up to €10,000 per month just in bonuses from maxxer!

The crypto world is full of ‘influencer’ traders who showcase their abilities on other social media to millions of followers. We are compliant by design, maxxer offers a legitimate and safe opportunity for you to promote and showcase yourself as a top crypto trader and truly make money together. There can only be 1 trader at the top of the maxxer league, think you’ve got what it takes?

crypto for everyone

The concept of Social Trading opens the door for everyone to get involved with crypto trading, and maxxer simplifies what many see as something too complex to understand. Our Social Trading system has been painstakingly developed both conceptually and physically to make crypto more accessible and profitable than it’s ever been. Our goal is for everyone to make money together, and with Social Trading we believe that goal is very close, and very real.

*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.

what is social trading?

Social Trading, in short, allows people to follow and ‘copy’ a high performing trader; automatically buying and selling when the trader does. On our platform, we allow you to passively copy experts that become maxxer Social Traders. It is simple, easy and secure and maxxer is the first crypto-exclusive Social Trading exchange.

how it works

The actual act of copying a Social Trader is no easy feat. When we say ‘copy trading’, we mean you get the exact same price that the Social Trader does on their trade. Otherwise, you may as well stick to buying a few minutes after these social media ‘influencers/signal-givers’ who cannot wait to sell after your buys! maxxer Social Trading solves this problem: your copy trade is executed in the exact same request as the expert. To do this on a large scale is incredibly complex but also incredibly effective, and has not been done to the scale we deliver.

Setting up a copy trade has been made as easy as possible. It is as simple as attaching your investment to your Social Trader of choice, and continuing with your day whilst they watch the chart and decide when and how much to sell (It can also be in your control with stop/loss limits). After they have sold, your investment is returned to you with any profit that has been made! Relative to your contribution, of course.

how do i choose a social trader to copy?

This is where maxxer really excels as a new standard for crypto trading. We have fresh innovative features to not only help you to find the right Social Trader to copy, but we also make it fun for both novices and experts alike. Crypto exchanges can be very daunting to new investors, that is why we focus on a friendly and gamified system so you can enjoy trading crypto. The 3 main features are the Social Trading League, Badge Ranking System and the Risk Score Algorithm.

social trading league

What better way is there to determine the top traders on maxxer than through a trading league? It is clear and as easy to follow as a traditional football table, and just as much fun for top traders to compete against each other in. There are 5 leagues, from ‘Bronze’ to ‘maxxer’, where Social Traders of all levels are competing to advance their position for greater status and rewards. The better their trading performance, the higher their positions in the leagues. We have also integrated a badge system so Social Traders can show off their achievements and make them more recognisable as a top trader; a trader on a hot streak will receive flames around their icon pictures to show they have been performing very well recently, for example.

A new investor can use the league to find the best performing Social Trader to copy that fits their style. When someone sets their account to Social Trader their portfolios become public to their copiers, so if you are looking for someone that trades mostly ETH, for example, you can easily find by checking the league and their Social Trader profiles.

badge ranking system

Badges also act as an important qualifier for helping the community determine who knows what they are talking about, and who should be listened to. For example, a discussion on BTC's chart is taking place on a post within the platform and MoneyMaikel joins in. He’s got a maxxer league winner badge, with hot-streak flames around his icon. Due to these badges, the community will naturally respect what MoneyMaikel is conjecturing.

There are hundreds of badges to be awarded to maxxer traders, these are great achievements to show-off and also help the community recognise who is a skilled trader.

risk score algorithm

So the Trading League is one great and fun qualifier to help you find a trader to copy, but to further help you find the style of trader you want we include the Sortino Risk Scale. In short, the Sortino ratio measures the risk-adjusted return of an investment asset, portfolio, or strategy. This means that each Social Trader will have their own risk scores depending on how they trade. If your plan is to invest slowly and steadily you will want a trader with a lower score (a 2 or 3), or if you want a trader that takes more risk you will prefer a higher score (7 or 8).

The Sortino Ratio is a proven formula to determine risk, but remember the top performing traders can have completely different scores and still turnover the same amount of money. It is down to you to choose between high-risk high-reward, or safe investments and steady gains.

social trading for experts

maxxer also offers a more accredited platform to attract experts who want to become Social Traders in a regulated environment. Anyone can change their account to a Social Trader, but only the best make it to the top leagues where the rewards become more and more significant.

For example, with a trading volume of €1m+ in the top maxxer league Social Traders will receive at least €2500 as a reward. With consistent high performance more users will award badges, word will spread, and more people will follow, thus increasing the total trading volume. Our top projections show that the top performing Social Traders by volume can earn up to €10,000 per month just in bonuses from maxxer!

The crypto world is full of ‘influencer’ traders who showcase their abilities on other social media to millions of followers. We are compliant by design, maxxer offers a legitimate and safe opportunity for you to promote and showcase yourself as a top crypto trader and truly make money together. There can only be 1 trader at the top of the maxxer league, think you’ve got what it takes?

crypto for everyone

The concept of Social Trading opens the door for everyone to get involved with crypto trading, and maxxer simplifies what many see as something too complex to understand. Our Social Trading system has been painstakingly developed both conceptually and physically to make crypto more accessible and profitable than it’s ever been. Our goal is for everyone to make money together, and with Social Trading we believe that goal is very close, and very real.

*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.

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June 13, 2022
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