TraderWagon — Benefits of Private Portfolios!
Similar to a public portfolio, lead traders can create and manage a private one. However, unlike public portfolios, only invited users can copy private portfolios.
Today, I will try to explain the benefits of TraderWagon’s Private Portfolio. If you don’t have a TraderWagon account, you can create one using my referral link.
TraderWagon’s Private Portfolio →
Usually, TraderWagon allows lead traders to share 10% of profit in a public portfolio but the advantage of the private portfolio is the lead traders get flexible profit sharing between 0% to 20%.
You can see the below screenshot to understand the difference between, public and private portfolios.
You will see the “Private” indication in the top right corner + “Lock Sign” above the Copy button in a private portfolio. You cannot copy this portfolio unless you have an exclusive private code created by the lead trader of this portfolio.
Why Should You Use Private Portfolios →
Suppose you are a professional trader and you have a Telegram, Discord (or Any) community with so many active members. Your community members trust your trading idea and they want to copy all your trades.
Now to offer copy trading service to your community members, you have so many options but none of them offers flexibility like TraderWagon’s Private Portfolio.
Benefits of Offering Copy Trading Service using Private Portfolio:
- Lead Traders can earn up to 20% from Private Portfolios instead of only 10% from Public Portfolios.
- Only Lead Traders can decide who can copy their Private Portfolio. Lead traders can invite users by sharing exclusive private codes with them.
- Only invited users will be able to check the active positions of Lead Trader.
Benefits of Private Portfolio For Copy Traders:
Suppose you are requesting a professional trader to offer copy trading service and you are also ready to pay for it. After getting requests from so many users s/he creates a private portfolio on TraderWagon.
Now you can start copying his/her trades by sharing profit instead of paying. However, you will have to get an exclusive private code to access the private portfolio.
Note: Please remember to be cautious of scams and frauds. Do not pay anyone to buy an exclusive code. You should always get/request exclusive codes from the lead trader only.
How To Create Private Portfolio?
Currently, TraderWagon’s Private Portfolio isn’t available for everyone. You need to be eligible to apply for the Private Portfolio and you can create a private portfolio only after the approval of your application.
You can open this link to know if you’re eligible or not. If you’re eligible, you can fill out the Google Form and wait for approval.
Now, This article has come to an end. I hope you found this article helpful. However, if you have any queries or questions, please ask in the comment section below.
