A social trading strategy is an account created by a strategy provider in their Personal Area, for the purpose of performing trading. Investors are able to view these strategies on the Social Trading application or Exness personal area and choose to copy them. Upon doing so, all trades within a particular strategy account will be copied onto the client's investment using a copying coefficient.
The three accounts available for strategy creation are Social Standard, Social Pro and Pro for trading on MT4 platforms (depends on the country).
Social Standard: Social Standard strategy accounts can be created by a strategy provider with a minimum initial deposit of 500 USD (in a single transaction). It is similar to the Standard trading account available in the Personal Area.
Social Pro: Social Pro strategy accounts can be created by a strategy provider with a minimum initial deposit of 500 USD as well, but it has an equity requirement of 2,000 USD in order for the strategy to qualify for activation.
Pro: For Pro accounts, the minimum deposit depends on the country of residence.
Note: Deposits into the Social Trading accounts can also be made in the form of internal transfers from other existing trading accounts.
Multiple strategies can be created and managed simultaneously by any strategy provider in their Personal Area.
To learn more about strategies read more on how to open a strategy provider account.