Mirror trading
Mirror trading consists of mirroring a trading strategy. Traders reproduce the style of other traders to invest. In the beginning, the algorithms with the best returns were copied, requesting permission for their execution.
With copy trading, the operation of the expert investor is emulated, so that if it is successful, you will also obtain benefits.
Social trading
About social trading, the operations to follow are in networks that are created and that are very effective when it comes to sharing them. For this purpose, you will have fully-equipped trading rooms with functions for sharing ideas and developing innovative strategies or repeating effective strategies already implemented.
In copy trading, traders make their investments by replicating the trades of an individual trader.