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  1. #1
    Solid Member

    How to make social trading site? !!!

    Hi!
    I am Crimson from India! I would like to know your opinions! I am not a programmer..just an idea!
    What do you think would it be possible to make a social trading site / program like the etoro open book? Where we could register and everyone see the others trades and performance...( entry, expiry, closed and performance). There are difficulties i know... for example we use other brokers ( 24, BB, MW etc) instead of etoro where everybody is their client..
    It would be very cool if this site would exist.. ( my opinion)
    WHAT YOURS???

  2. #2
    Senior Member Grae's Avatar
    We have started moving in that direction...
    http://forums.binaryoptionsthatsuck....ading-Platform

  3. #3
    Specialist Member TAllen1429's Avatar
    Social Trading

    I would be very interested to know if anyone has or is using Social Trading on a serious basis.

    For instance, is anyone acting as a Guru or is anyone copying the trades implemented by the professional traders.

    If so, if you are willing to share your experiences then that would be greatly appreciated. Have you encountered any difficulties?

    Does anyone social trade using eToro or similar? Thanks for you replies and insights in anticipation.

  4. #4
    Senior Member raymond09's Avatar
    Oh my God. You are wanting to make a social trading site? dude, its not a matter of Traders. It would be more better if you contact with a PHP programmer having high skills.

  5. #5
    Solid Member boart's Avatar
    Quote Originally Posted by TAllen1429 View Post
    Social Trading

    I would be very interested to know if anyone has or is using Social Trading on a serious basis.

    For instance, is anyone acting as a Guru or is anyone copying the trades implemented by the professional traders.

    If so, if you are willing to share your experiences then that would be greatly appreciated. Have you encountered any difficulties?

    Does anyone social trade using eToro or similar? Thanks for you replies and insights in anticipation.
    I have had a serious look at it. For the life of me I cannot trust anyone enough to copy or take a signal based on what they know or trust that they know what they are doing. Earlier days with Etoro (cannot speak for the current) the so called Guru's had HUGE DD on their accounts, some survived it others did not. I learnt enough to make my own calls, and take responsibility for the call I made, win or Lose. IMHO that is the only way to trade. Learn, Learn and Learn some more...there is not much else that give the satisfaction of entering a big trade and coming out positive at the end of it.

    Jest my 2 cents

  6. #6
    Specialist Member marvel's Avatar
    Actually CommuniTraders is a social trading site! The only Binary Options Social Trading site for now! So if you have a question on how to make a social trading site, you just have to ask the founders of our Community. I think it is really not that simple to start such a project. It needs a lot of coding and project planning. The truth is that social trading sites like Zulutrade, Tradency or Myfxbook are very few, because it is very difficult to implement the idea into a fully working unique software system.

  7. #7
    Specialist Member TAllen1429's Avatar
    Thanks boart for your insights. As I have never joint any social trading brokers myself, I am just intrigued to know how others have done.

  8. #8
    Veteran Member Ammeo's Avatar
    Quote Originally Posted by crimson69 View Post
    Hi!
    I am Crimson from India! I would like to know your opinions! I am not a programmer..just an idea!
    What do you think would it be possible to make a social trading site / program like the etoro open book? Where we could register and everyone see the others trades and performance...( entry, expiry, closed and performance). There are difficulties i know... for example we use other brokers ( 24, BB, MW etc) instead of etoro where everybody is their client..
    It would be very cool if this site would exist.. ( my opinion)
    WHAT YOURS???
    You will have to have a lot of knowledge of PHP, JAVA, HTML5 and CSS3...

  9. #9
    Banned
    It needs a lot of coding and project planning. The truth is that social trading sites like Zulutrade, Tradency or Myfxbook are very few, because it is very difficult to implement the idea into a fully working unique software system. It would be more better if you contact with a PHP programmer having high skills. and otherwise some company provide ready made platform for binary trading

  10. #10
    Solid Member Murphy13's Avatar
    It is really quite difficult to make a high performing social trading platform. You don’t need to hire just one php programmer. You need several programmers to work few months on the project and even that is not enough but also a lot of testing is necessary, but you could see that CommuniTraders is advancing very well and become better and better with every new release. I am sure that in the future it will become one of the biggest and most successful binary options trading community. Your link rahul is purely promotional and I think it is not for this thread. You are risking to be banned by the moderators if you do not clearly state that you are working for a broker

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