|Trading Platform||MetaTrader 4, MetaTrader 5|
|Minimum 1st Deposit||depends on broker|
|Minimum Account Size||depends on broker|
|Minimum Trade Amount||depends on broker|
|Maximum Trade Amount||depends on broker|
|Free Demo Account||Open Demo|
|US Traders Allowed|
Collective2 is basically a library of auto trading systems which you can use on any broker that has a MetaTrader trading platform. Using the System Finder you can search hundreds of available auto trading systems. With The Grid feature you can search auto trading systems on certain parameters so you can filter those suitable for you. For example it’s possible to search for auto trading systems with more than 70% winning trades or with more than 3.5% profit within 90 days and so on. When you have found an interesting auto trading system you can click on it to expand its details of the last few months. Important data and KPIs are then displayed. Under each auto trading system customer reviews are written by users so you can read these and conclude whether the auto trading system is suitable for you or not.
When you click ‘Subscribe’ you will be subscribed to the auto trading system and the website might take you to the checkout page so you can contribute and pay for the auto trading system. The system developer or signal provider receives a commission upon each purchase and when you have a good auto trading system yourself you can upload it to Collective2 to start receiving these commissions for purchases of your auto trading system as well. Any moment you can unsubscribe your auto trading system.
To use your newly purchased auto trading system you open your brokers MetaTrader and insert the received script code in the MetaScript field. After installing your auto trading system you decide how much money you want to use with it. It’s wise to test your auto trading system on a demo account first before you let it trade with your real stock trading account balance.
Auto trading doesn’t mean guaranteed automatic profits so it’s quite smart to check up on the auto trading systems performance every once in a while to check if everything is still OK. Using auto trading systems purchased at Collective2 it’s possible to print excel files of all automatically opened and closed trades so you can check performance on each auto trading system.
- Compatible with any MetaTrader 4 or MetaTrader 5 supporting broker
- Test on demo accounts
- Unsubscribe at any time
- Evaluate trading performance
- Communicate with trade leaders
- Set up automated trading in your brokerage account
There is no review.