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How to become a Leader and generate copy bonuses?

How to become a Leader and generate copy bonuses?

30 September 2021

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🧑‍💻 If you are one of those traders who don’t have much experience, who view the Leaderboard and daydream about one day appearing on it, who would love to make an additional income from Copy Bonuses - then this article is for you.

Personal journey to success

Aspiring NAGA Leaders must be prepared to do the heavy-lifting for their copiers. Those that are in demand will spend a considerable amount of time planning their strategy, stay in touch with their copiers and bring real value to the community. They will also perfectly understand the associated risks. So make sure you invest time into educating yourself, analysing other traders’ strategies, attend NAGA Webinars, but most importantly - communicate. NAGA is a Social Trading platform, you can simply ask the traders you admire for advice or explanations. That’s how you will learn to become a leader yourself in the future. Autocopy others and become fluent in it: Autocopy is a tool and it is necessary for you to know how to use it, in order to be a well-rounded Leader at NAGA.

How to earn as a Leader?

As mentioned before, Leaders are the ones who do the work for their copiers. So it is only fair they get rewarded for it - that’s where the Copy Bonus comes in handy. It’s a withdrawable-cash payment that is first booked into your copy-wallet. You can then easily (and at no charge) transfer it into your trading account. Most successful Leaders earn up to $20,000 a month only from their Copy Bonuses.

Technical POV

There are few conditions that need to be met, when you want your account to qualify for the Copy Bonus:

Your account needs to have a minimum ‘IRON Badge’ (the ‘higher’ the account, the more you can earn) Check how to get it here
You have to open your own trade on a real-money account. The time between opening and closing that trade needs to be minimum 5 minutes
The margin / investment used for that trade must be at least $100

And remember: your Copy Bonus applies only when you close the trade and is booked in your Copy-Wallet within a few seconds.

Other Benefits

Except the obvious benefit of becoming a Leader - money rewards, there are plenty of other benefits in embarking on that journey:

You become an active member of a vibrant community
You create long lasting relationships with industry experts, while becoming one yourself
You build an impressive investor portfolio
You learn while earning, not the other way around

Helpful Links

If you’re feeling inspired to become a Leader on NAGA then here are few helpful links that speak of the process in a bit more detail:

Copy Trading

Ways to get more copiers

How to choose the right leader

IMPORTANT NOTICE: Any news, opinions, research, analyses, prices or other information contained in this article are provided as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and therefore, it is not subject to any prohibition on dealing ahead of dissemination. Past performance is not an indication of possible future performance. Any action you take upon the information in this article is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of this article.

RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail client investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. This is not investment advice. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the Lead Traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.

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How to become a Leader and generate copy bonuses?

Personal journey to success

How to earn as a Leader?

Technical POV

Other Benefits

Helpful Links

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