Nomotrade
Questions & Answers

Mainly because it is completely transparent, the process of mirroring trades is fully automated and you do not need to copy the trades manually. Another aspect is that there is a community where you can get answers to your questions and see how others share their copy trading experiences.

The same as the short-term No, really, whether you decide to use its copy trading platform in the short term, let's say you trade independently but need to take some rest and decide to put your account on autopilot, or your main goal is copy trading and came to this platform only for this purpose - the advantages are the same. You can still make profits while doing just a little work. However, it is better to give some time to the trading strategy you decided to follow to deliver. You know the market conditions are always changing, and sometimes it can work pretty well. Sometimes it can be slow. This is why it is important to give it some time to deliver, let's say at least three months. Jumping from one strategy to another is not recommended.

I do not see why not. They have a good trading app for mobile, and also their copy trading side of things. You can even trade in your sleep with that... but the simple answer is yes. You can trade even as a busy person in need of portability.

No real tips, man. Just analyze ROI, number of followers, P/L and strategy itself. I suppose these are primary things to consider if you want to join a particular leader. Just take your time.

I can say that their platform is one of the best I have used and it totally differs from previous ones. It is clear that they have invested a lot of effort to create such a platform.

Nowadays I don't notice a lot of hype around copy trading service offered by the Nomotrade, nevertheless, I see a lot of strategy providers with some interesting strategies. I am not into such style of trading since I have been an adherent of manual trading for a long period, but the fact this functionality is available here, and it actually works, is attractive.

Oh yeah… there is an Education hub, and from what I can see, it can be platform for beginners. I have been trading for a long time, so it was not my priority to check the educational resources, but anyway, I found that even resources for advanced traders are included, such as the Mastering Technical Analysis for Profitable Trading category. I found it quite useful. I learned some new tips and refreshed my knowledge about other aspects. I like that the resources are categorised depending on the level of experience, so everyone can find his corner easily.

Yes, one of the perks of NOMO is that they give a 50% bonus on your initial deposit when you open a trading account on this platform. The process is simple and straightforward. You deposit, let's say $1000 and immediately get $1500 in your account. It is a great boost and of course, one can take advantage of it and speed up the process of building up his account size. The only "downside" is that you can not withdraw the bonus, you can withdraw only the profits you made plus the amount of your deposit.