Hi there. Today we are going to tell you about mirror trading.

First of all, let’s clarify what is mirror trading. Mirror trading is a strategy that allows investors to copy the trades of experienced and successful investors. Since its inception in early 2000s, mirror trading has inspired other similar strategies, such as copy trading and social trading.

Mirror traders use trading platforms to examine the various trading strategies. Then the traders choose algorithmic trading strategies from the available options based on their investment goals, risk tolerance, investment capital, and desired currencies. When strategy developers execute their trades, these trades are duplicated in mirror traders’ accounts using automated software that operates 24/7 to replicate the results.

Benefits of Mirror Trading

Stress Reduction.

Instead of worrying about the market’s day-to-day fluctuations, investors can simply check the performance of their mirror trading account at the end of each week and determine if they want to continue using the strategy.

Verified Results.

Traders that offer mirror trading usually examine, test, and validate the trading results of strategies they upload to their platform that helps filter out losing trades.

SwapZilla offers its clients Mirror Trading services. We will evaluate the profitability of traders and, if their strategies. We offer them the opportunity to generate additional income. The results of their trades will be displayed, and other users can select and copy (automatically) transactions made by them. If mirror trading brings positive returns, the funds earned by the investor will be distributed between him (up to 70%), author of the trading strategy, and SwapZilla.