Heartbeat – copy-trading for the beginners and skilled traders
“Stock exchange is not for newbies” – many of us have heard such a statement. That’s one of big barriers between many of us and receiving income from trading. We are not sure in our skills and experience, and most of us are sure that you have to study hard and learn more and more to start trading. That’s why they think that trading is not for them, or postpone starting learning how to trade for later. And we see why it is necessary – a lot of newbies who come to the stock market lose all their money before our eyes.
But there’s a way to avoid long and stressful training and to gain money from the stock market without huge experience. That’s copy-trading – the feature of copying trading strategies of more successful traders. One of the such services is a Heartbeat service, which will be observed in this article.
Heartbeat company – the main information
The Heartbeat service was created by American firm Scale Tech Ltd in 2021. Although the Heartbeat service is pretty young, it have already found its audience which grows day by day.
Useful services
The Heartbeat platform offers several services.
Social trading
Heartbeat provides its clients with a social trading web platform. What does it mean? You press the copy button on the Heartbeat’s website, and then copy the selected trading strategy automatically.
Why do you need this? Not to lose too many time on trading on your own, on your education and training if you din’t have enough experience. When you are ill, you call a doctor, you don’t try to treat you on your own. So, why not to call experts in trading to help you to earn?
Heartbeat allows you to copy up to 10 strategies for one account. The service’s commission is up to 20 USD per MIO. Many users also notice user-friendly interface and bright design of the Heartbeat service.
Heartbeat for professional traders
But is Heartbeat service only for beginners? Of course not! Professional traders also make their profit on the social trading. Why? The trading strategy’s followers share their profits with the signal providers, so the more followers your trading strategy has, the more money you earn from the Heartbeat. Heartbeat helps both beginner and skilled traders to make money!
Moreover, Heartbeat awards skilled traders for some achievements. For example, you receive the icon of a crown in your account for 100 followers of your trading strategy.
Analysis from the Heartbeat
Heartbeat also provides its clients with analytical materials about the assets traded here, which are posted on its web page for free.
Summary
Heartbeat is a useful tool for both beginner and experienced traders. Beginner traders can save their time and money relying on the managing traders’ experience and skills. Experienced traders receive additional income from the Heartbeat, because they get some commissions on the profits of their followers. Also the Heartbeat awards them and provides them with free analytical materials.
If have turned to their customer support and can prove that even being not too large social trading platform (to my opinion), they pay attention to clients and arrange communication at a highly professional level. The support staff is polite and helpful.
It provides the detailed statistics of individuals providing their strategies to follow and that helps to make a choice. You can judge on win rate or money earned. Mind that you are expected to pay a management fee in addition to commissions charged by a trader you are going to follow.
You can add and subtract money from the accounts easily without delays and interruptions. There are several methods which are fast and secure including those which are guaranteed by a bank.
They are the first I saw who offer a warning about risk related to trading in financial products. Well, this is an honest approach and can be considered a kind of concern on their part. They even explain the perils and ask to contact them with questions. Thus, they say that investment can result in a complete loss of funds. Can you imagine! Now then! Everybody knows that, but they providing these services and say such things! Listen, When I read there warning first, I thought twice whether the money I’m going to invest is definitely not needed for my welfare. That’s the power of brain-washing ))))))) but very useful in view of this.
Her eyou can count to find almost any investment tool. I prefer cryptocurrencies and the HeartBeat platform provides plenty of them. Moreover, they add new assets continuously. I have tried to trade with other assets too and create my own portfolio to reduce risks. The choice is diverse. And as far as this is a social trading platform, I provide my strategies and gain quite solid earnings from them. The platform can be utilized in many ways. Being a provider, I can try to follow other users – I have tried this activity too – imitating the trading behavior.
I invest my capital within this platform. It is easy to use. Assessing the goals everybody can find a strategy to copy. The conditions are favorable though you’d better keep in mind the risks. I like this kind of trading without need in a high competency. You can follow the others’ trading in real time and choose the deal you like most and trust in. Of course, there is no guarantee you gain profit, but usually it plays out well. Forget about spending hours to make a sound forecast. You can skip out on it and allow those who like the process to do that complicated job. Then you see their success and repeat it.
That’s something that can be mastered even by a dummy. I am not, but still it’s a pleasure to use such a simple product. The stuff but not the fluff – as they say )))))))). It is vital to have a reliable internet connection and a capital you can put to work as an investment. There are different guys trading here. You should rely on a rating to choose the one and follow his idea.
There is a benefits plan or… I’d say these are awards every trader gets for his skills, profitable deals, popularity within the platform. A kind of reputation. You can consider it when choosing a deal to copy.
Here I can choose a trading strategy and copy it. First, I look through someone else’s trades and judge on their competency and skills. Then take the one and follow his idea. This kind of trading suits me because I have no time to analyze the market and make researches to consider profitable trading opportunities.
I do not apply any effort here. Do nothing at all! They integrate trading robots which make researches and suggest you the ideas to follow. There are some useful options but they are a subject to investigate while basic terms of social trading do not require any engagement at all. Just rely on the experience of other traders.
There are a lot of options for free here. Actually you pay only compensation when you copy a strategy. All other tools and activities are without charge. Or no… there is a withdrawal commission too, but not high.
Opening of a trading account with Heartbeat is a very simple process. I appreciate it. On a home page leftward there is a large circle with words Sign in. You just cannot pass by it. Enter the required information and you are engaged! Now just scroll down to see traders and Copy the deal you think interesting. You can count on diversity of assets and solutions.
I like this platform and the fact that you pay compensation only for a copied trade, but you are allowed to keep track of all trades on this platform for free. The amount of compensation varies and you should be sure to understand the rules of this social trading resource. The trader you are going to copy also can impact on the price. So, you should be ready for quite surprising pricing preference. Still, the conditions are reasonable and there are guarantees of safety of the funds.
Here social traders are suggested to communicate with each other. That’s like a social media where I interact with the widest community. I can discuss the markets, leave comments, and read the news, reviews here. Trading is protected and there have not been any difficulties with withdrawal. I do pay compensation for a transaction I copy, which is specified by a signal provider that is why the amount is flexible. This is a common practice – everybody pays for a copied trade.
I haven’t met a simpler social trading platform. I mean any aspect! The interface is intuitive. You will have no problems with trading or copying here. I do both.
Only USD 8 per Mio and I benefit from the brilliant scalping strategies. He is either luck or really skilled because his profitability is equal to 83%. There are losses but considering the category of deals, this is ok. The profit convers causing a positive balance.
This is a fully safe platform providing a decent number of strategies. As always you should be ready to take on a good amount of risk, but still this way to invest is very simple and rather profitable. The position closed on March brought me about 40% for 9 months. That’s not a frequent result, but still I can prove the profit.