Collective2

Brand name

Collective2 review

The platform, created in 2003, was among the first networks for trading signal providers. Collective2 offers very simple interface which is easy to navigate and provides access to over 200 trading signals. There is plenty of details available for each strategy analysis, including profitability, drawdown, annual return, popularity, number of winning and losing trades, etc. List of trades includes not only trades executed by the signal provider but also list of trades copied to followers accounts (without disclosing the traders name and personal details).

Collective2 only works with a limited number of brokers, but list of their partners includes several famous ones such as FXCM. The service is subscription based. For investors there is a single price of $99.00 per month plus the cost of following each signal. Traders can choose one of 4 different plans with monthly fees ranging from $19 to $299.  Signal providers on the starter plan share 50% of their revenue with Collective2, this margin falls to 30% upon upgrading to the next 2 plans, and to 0% on the most expensive one. Collective2 has no limits on the assets you can copy trade through the platform, so the choice of assets is only limited by the brokers.