COPY TRADING: THE MOST PROFIT-DRIVEN SOCIAL TRADING STRATEGY A BROKERAGE CAN DELIVER TO TRADERS
Copy-trading opens up a window for those traders who are almost fresh & seeking to participate with limited or zero trading experience in the Forex market. It authorizes the newbies to copy plans, sequences from an existing Forex expert or strategy manager & carry them out while breaking a trade. Providing a copy trader functionality brings forth a massive load of clients’ flow into the brokerage business. If you opt for rapid business growth & keep your clients happy as well, you should definitely sign up to expedite this feature into the brokerage system.
How Does A Trade Copier Run?
The operational principle of a trade copier system can be arranged under two distinct segments; one point is SERVER EA & another one is CLIENT EA. The SERVER EA is mapped to perform as a master account since the CLIENT EA represents the client account.
The traders can apply the trade copier for local & remote trading. The local trade copier software has to be installed in the same device or VPS system where two MT4/MT5 trading accounts run simultaneously. For remote copying, the accounts will be functioning trade from different computers or devices.
Forex CRM facilitates its buyers with a flawless copy trading facility where the traders (both existing & fresher) can employ their investment without any hesitancy. There’s no doubt your brokerage will make a surge of client flow through this opportunity backed by Forex CRM platform.
Standard Procedures to Attend for Copy Trading
- Initially the trader needs to install multiple MT4/MT5 accounts under a brokerage solution scheme.
- After a successful login into created accounts a trade copier software has to be installed to continue the copying process for the slave accounts.
- If required, the trader can set position size ratios & initial settings of the copier beforehand.
- Then it’s just a matter of placing respective orders & the slave accounts will pursue with the method.
Key Beneficiary Aspects
This social trading feature has been precisely constructed to support brokerage systems where they can bring about an extensive number of clients easily. You can construct a profitable environment for experienced traders as well as the new ones. Expert traders will be assisting the inexperienced traders to secure a solid profit-earning efficiency.
Forex CRM ensures a convenient approach for traders into selecting master traders. Those trading accounts will be revealing useful informative knowledge on trading history, commission figures, profit factor & much more. So it would be a lot easier for a trader to select a strategy to replicate.
As there’s no limitation of depositing amount, traders can invest as much as they want & get benefitted from this awesome social trading tool.
- Traders owns the liberty to simulate from an unlimited source of master accounts under this social trading feature. If any adjustment required; like halting the copy operation or replacing the selected master account; then it can be implemented right away.