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Collective 2 Setup

What and why Collective 2

Collective 2 is a platform that allows you to follow and automatically copy the trades of other traders. We are using it because it simplifies a lot of the hurdles we might face when offering our trading robots. Here's key facts to know:

  1. With collective 2, you do NOT have to give us your money. It stays safely in your brokerage account.
  2. Collective 2 charges a fee in order to connect to your brokerage account and mirror the trades from rocket bot
  3. We charge a flat monthly fee in order to manage your strategy.

Traditional hedge fund charge a 2% management fee regardless of performance, and then take around 20% of the profits they generate to you. With Collective 2, you don't get charged the 20% performance fee, and the management fee is not a function of capital but a flat monthly fee!

Collective 2 account creation

Creating an account on collective 2 is relatively easy. Head over to their website and create an account. Make sure to tick the investor box.

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Account Creation

Once you are done, you will receive an email to verify your account. Click on the link and you will be redirected to the collective 2 website.

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Email Verification

The last step will be phone verification.

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Phone Verification

Broker Connection

Once you have created your account and succesfully verified it, it is time to connect it to your broker. Head over here for instructions.