Pelican Trading is a copy trading application that allows users to connect their trading accounts and replicate the strategies of expert traders through a network offering over 5,000 signals. This platform addresses the challenge of high-risk trading by enabling users to leverage the expertise of seasoned professionals without needing extensive market knowledge.
Funding
$2.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many retail traders lack the expertise and time to effectively analyze markets and execute profitable trading strategies, leading to significant losses and frustration. The complexity of financial markets and the need for constant monitoring create barriers for novice traders.
Solution
Pelican Trading offers a copy-trading platform that enables users to automatically replicate the trades of experienced and successful traders. By connecting their existing trading accounts to the Pelican network, users can select from a pool of over 5,000 signal providers and mirror their trading activity in real-time. This allows novice traders to benefit from the knowledge and strategies of seasoned professionals without requiring extensive market analysis or active trade management. The platform also provides tools to manage risk and customize copy-trading parameters.
Target Audience
The primary target audience includes retail traders who lack the experience or time to actively manage their own trading strategies, as well as individuals seeking to diversify their investment approaches by leveraging the expertise of proven traders.
Features
- Access to a network of over 5,000 signal providers with diverse trading strategies.
- Automated copy-trading functionality that mirrors the trades of selected experts.
- Customizable settings to manage risk, including drawdown limits and trade sizing.
- Mobile dashboard for monitoring copied trades and account performance.
- Support for environmental pledges through offset trading initiatives.
- Compatibility with iOS, Android, and desktop platforms.