Forex Copy Trading Basics Top 5 Tips
In every aspect of life, when opportunities present themselves, there are usually great opportunities that you should take and under-handed deals that should be avoided. This applies to the art of copy trading.
Selecting Signal Providers
Using Trend Lines.
One question I get asked is when is the best time to stop following a signal provider I am following. The reason this is asked so often is when most Followers find a signal provider to follow and they get attached to them and find it hard to leave when they start to lose money.
Curve Fitted Systems on
Social Trading Platforms
‘How to Avoid it.’
In the Forex industry, there are various dubious ways to manufacture real time trading performance. If we were to list some of these techniques used by fraudsters to attract novice investors,
The Future of Forex Trading?
The social trading system, described as the revolutionary way to secure access to the financial markets, is often touted as the future of forex trading.
Who are SuperTrader by FxPro?
SuperTrader is a social trading platform developed by FxPro in 2013. FxPro itself is a well regulated full service Forex broker founded in 2006.
Who are eToroUSA?
(If you Live outside of the USA Read this Review)
Yoni and Ronen Assia, two brothers, along with David Ring joined hands in 2007, and created eToro.com, the first social trading platforms of its kind.
Who are ETX Capital?
ETX Capital offers cutting edge, innovative trading technology and they are a global provider of financial services. As a leading Forex broker, the company offers its customers an access to competitive pricing in over 6,000 financial markets.
Popularity of Copy Trading
Is it only a fad?
With the popularity of copy trading or mirror trading is an obvious evolution of the automated forex system, which enables even novice traders to access the beneficial world of forex trading without having an in-depth knowledge about the same.
NetoTrade is a global Forex broker, established in 2012 and regulated under the Cyprus Securities & Exchange Commission. It enables trading on forex pairs, commodities, indices and share CFDs, and offers one of the most extensive trading academies in the industry.
In the USA
While the copy trading concept has become a dominant force in the Forex industry, customers from the United States are often barred from utilizing many of the prominent international platforms due to the FATCA legislation.
Who are FXCM?
Established as Forex Capital Markets in 1999, FXCM was founded in New York. It is a publicly listed company in the New York Stock Exchange (NYSE). FXMC.com is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association (NFA # 0308179).