Tradency is an automated trading platform that utilizes a "mirror-trading", crowd-sourced investing technique for individuals.
How Does Tradency Work?
Tradency works as a standalone signal service, which uses “strategy developers'” research and technical analysis tools to derive a list of strategies. Users choose these strategies to monitor or trade within their respective brokerages. Investors can choose entire strategies or individual trades within a particular strategy to enter the market with.
How Does Tradency Differ from Traditional Signals
Most forex signals utilize MQL5's service, which can be swamped with signals from amateur providers. With Tradency, being a standalone platform, accountability rests on the company to produce solid signals through their choose providers.
Which Brokers Have Tradency?
Over ten brokers globally currently provide Tradency as an added platform to their clients. The list, according to FxStreet, includes several Forex heavyweight brokers such as FXCM, FXDD, Alpari, and Forex.com.