Signal Trader

[TL Staff 10]

Signal Trader provides clients with an innovative "window" into live trading rooms, so clients can watch experts implement strategies in real time, online as they trade. In addition, the clients can see the experts’ open positions, trading history, account balance, equity, margin and profits, in real time.

 

Signal Trader also offers trading signal alerts based on the experts trading activity via email or on the charts displayed in each trading room. The website has been designed so that traders of all levels of expertise can observe and learn from prop traders, as they trade.

 

Signal Trader clients are able to automate their trading based on the signals from their preferred prop traders. Furthermore, clients can build their own portfolio based on the trading activity of the experts the clients wish to follow.

 

Finally, clients have the option to control their desired level of risk and trade size per expert and instrument.

[TL Staff 10]

I.S. Signal Trader was established in order to provide the best possible solution for automated trading across the full range of financial instruments, by enabling users to automatically mirror the trades of proprietary traders in their brokerage accounts.

 

Signal Trader provides clients with an advanced auto-execution mirror system, which allows clients to automate their trading on Forex, Indices and Commodities, by mirroring the trades of prop traders, whose accounts are displayed in Signal Trader's live trading rooms.

 

The auto-execution mirroring system allows clients to automatically duplicate the trades of their chosen prop traders in their brokerage accounts, by executing orders based on signals generated by the prop traders.

 

Signal Trader clients can build their own portfolio based on the trading activity of the prop traders they wish to follow.

 

In addition, clients have a range of money management options, designed to control their desired level of risk. Users can fully define trading parameters, including trade sizes, as well as monitoring trades, positions and profit and loss, all in real time.

 

Signal Trader also provides clients with signal alerts based on the trading activity of prop traders, via email or on the charts displayed on each live trading room.

 

All the accounts displayed in Signal Trader’s live trading rooms are the real accounts of prop traders, trading with real money and as trades are executed they are displayed in real time.

 

Signal Trader: Real Money, Real Trades, Real Time

[steveowen 10]

Unlike most signal providers out there, Signal Trader’s unique service is based on the client being able to get an innovative view into real trading accounts of proprietary traders via a virtual trading room environment.

 

 

The prop traders are trading on a full range of financial instruments such as forex, commodities, and stock indices, all of whom are hand picked by Signal Trader after an extensive screening process.

 

After signing up with Signal Trader, opening my new Forex.com brokerage account and linking it to their system, I was able to view the prop traders’ open positions, trading history, account balance, equity, margin and profits, all in real time. Furthermore, aside from being able to view the traders’ signal alerts on the specific instrument charts within each trading room, I was also able to set my account to receive signal alerts based on the traders’ activity via email.

 

After checking out some of the trading action in the various prop trader rooms, I was finally ready to select the prop traders with whom I wanted to link my real account, via “Auto Execution Settings” page.

 

The two variants were as follows: 1) I could either selects the “Mirror Trading” setting for a particular prop trader, and sets a mirror ratio of 3:1. This meant that, for example, a trade opened with a 20K trade size for all instruments traded by that prop trader will be opened with a 60K trade size in my brokerage account for those same instruments or 2) I could select the “Fixed Trade Sizes” setting for my chosen trader(s), and, for example, selects two of the five instruments traded by that trader and sets the size of each to be 0.1, which would open trades of one mini lot for those particular instruments in my brokerage account, no matter the size of that prop trader’s trades.

 

Myself being a Forex.com client, one drawback I noticed is that I can’t have Signal Traders indices trades go through in my account, since Forex.com doesn’t support indices trading. So for those interested in autotrading on the S&P 500, Nasdaq 100, DAX, and others, I suggest going with brokers that support trading major world indices. Better to do it sooner than later, because from what I could see in the “Trading Rooms Overview”, Signal Trader’s indices specialists are up a combined 7% over the past 2 weeks.