Broker Tickmill Boosts Copy Trading with SoFinX Integration

Tickmill has integrated SoFinX's social trading platform, allowing clients to copy trades from over 10,000 signal providers for enhanced copy trading experience.

Key Insights

  • Tickmill has integrated SoFinX’s social trading platform to enhance its copy trading services.
  • The integration gives Tickmill clients access to over 10,000 signal providers to copy trades of experienced traders.
  • It aims to provide a “new and improved trading experience” with additional analytical and social trading tools.

LONDON (MarketsXplora) – Forex and CFD broker Tickmill Group said on Friday it has integrated social trading platform SoFinX to expand its copy trading capabilities, providing access to over 10,000 signal providers for clients looking to replicate strategies of experienced traders.

Copy trading, where investors automatically mirror positions taken by expert traders, has grown increasingly popular as it allows less experienced market participants to potentially profit from seasoned professionals’ strategies.

Tickmill, regulated in the Seychelles, UK and Cyprus, said the SoFinX platform integration will offer a “new and improved trading experience” with additional analytical and social trading tools.

“This collaboration is set to elevate the customer experience to a new level,” Edison Tuan, founder and CEO of SoFinX, said in a statement.

Copy trading services have become an increasingly common offering among retail brokers looking to cater to investors of all skill levels and enrich their platforms with social trading features.

Tickmill already had an existing copy trading product but has now further expanded those capabilities through the partnership with Singapore-based SoFinX, which connects traders with follower clients.

The move comes as Tickmill, part of the Bermuda-based Scalar Group, has stepped up efforts to roll out new products and services in recent months to attract and retain clients.

In June, the broker launched a new interest paid on client cash deposits program offering an annualized 3.5% rate on unused account balances.

Copy trading allows investors to browse historical performance records to select which strategies to copy and automatically execute the same trades as the signal provider.

Other major players in the retail copy trading arena include eToro, Zulu-Trade and Pepperstone which integrate offerings from third-party providers.

While additional analytical tools can aid traders, copy trading also raises consumer protection concerns due to the technical risks of signal disruptions.

Samson Ononeme

Meet Samson Ononeme, a dynamic writer, editor, and CEO of With a passion for words and a sharp business acumen, Samson captivates readers with captivating storytelling and delivers insightful market analysis. He is a trailblazer in the finance industry, empowering individuals with knowledge and shaping the narrative of money. Get ready to be inspired by his literary prowess and entrepreneurial leadership.

Leave a Reply