WOO X Social Trading Now Available on Desktop with Enhanced Features

WOO X has announced the launch of its Social Trading platform on desktop, bringing all the features previously available on mobile to a larger screen. This move aims to cater to desktop-only users, providing them with a seamless trading experience. The platform offers several standout features designed to protect both Lead Traders and Copiers, ensuring a sustainable and fair environment for all participants.

The platform’s fair and transparent profit-sharing model is a key highlight. It employs a high-water mark profit-sharing system, which ensures that Lead Traders are rewarded based on their performance. Copiers only share profits when they are profitable, avoiding any deductions during losses. This model is part of WOO X’s commitment to fairness and transparency.

Key Features of WOO X Social Trading

WOO X Social Trading distinguishes itself with a curated selection of Lead Traders. The platform carefully selects and benchmarks these traders against the top 25% of lead traders, ensuring that only the most skilled and reliable traders are featured. This rigorous screening process helps maintain a high standard of trading expertise on the platform.

The desktop homepage showcases top-performing trading strategies, allowing users to view metrics such as ROI, PnL, and drawdown for each strategy. Users can easily copy or counter trades, with options to highlight both high-ROI and risk-adjusted strategies. This transparency helps users make informed decisions about their trading activities.

Enhanced User Experience and Transparency

The Lead Trader strategy profile provides detailed statistics, including ROI, PnL, win rate, and drawdown. Users can also access copier statistics, trading activities, and a comprehensive explanation of each trader’s strategy. This level of detail allows users to evaluate the performance and reliability of Lead Traders effectively.

Additionally, the platform offers a view of Lead Traders’ current open positions, displaying details such as asset type, trade direction, quantity, average open price, unrealized PnL, and ROI. This information enables users to analyze trades and decide whether to copy or counter them.

The Copier profit and duration overview section displays the performance of existing copiers, including key metrics like PnL, ROI, copy duration, and balances. Users can quickly assess whether copiers are in profit or loss and how long they have been following a Lead Trader’s strategy.

The Order History section provides a comprehensive view of a Lead Trader’s trade history, including instruments traded, quantity, average open price, realized PnL, ROI, and trade status with timestamps. This transparency aids users in analyzing performance and making informed decisions.

With the one-click copy or counter trade feature, users can directly engage with a Lead Trader’s strategy from the desktop interface. The platform also offers tools like WOO Shield, which provides customizable stop-loss and slippage tolerance settings, ensuring a secure and streamlined trading process.

For more information, visit the official announcement here.

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