Henry James

Social trading is a relatively new phenomenon in the online investing space. Simply put, online brokers that support social trading features allow you to interact with other traders on the site. This then allows you to discuss potential trading opportunities with your peers, as well as learn and improve your investment knowledge.

Some social trading investment platforms go a step further by allowing you to copy the trades of other users. In doing so, you have the ability to earn passive income without having to lift a finger.

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