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A term that has been used more and more frequently in connection with Forex trading over the past two years is copy trading.

The idea behind social trading in forex is actually quite simple. All forex investors have the same goal: to accurately predict the currency markets and identify opportunities for interesting positions. You can do that on your own, with your own forex trading system, but you can also enlist the help of other investors.

Social trading is also called copy trading. More and more traders are using this way of trading. It gives small and intermediate traders the ability to track successful traders and copy their positions.

Copy Trading is rapidly conquering a good slice of the online trading sector, being implemented with various facets in more and more platforms.