ForexCopy is an InstaForex service that allows you to duplicate orders of successful traders even when you are away from your trading terminal. It takes just a few minutes to choose a trader and set up automatic copying of the chosen trader’s activity. Alternatively, it takes the same few minutes to set up an account for others to be able to copy trades from you.
One of the advantages of the ForexCopy system is its reliability. The follower can fully control the situation, as the money stays on his account. He can customize the settings and even manually cancel copied orders if they seem potentially unprofitable. The account and funds are entirely under control of the client, which ensures that no action can be performed with the money without their owner’s consent.
ForexCopy is an online service for copying orders of successful traders, developed by InstaForex. Every client in just a few minutes can set up automatic copying of Trader`s orders or provide his trading activity for copying.
The advantage of the system is its reliability: your money stays on your account, you control them, adjust settings, and even can cancel a copied order if you consider it unprofitable.
You can register in ForexCopy system as either a Trader or a Follower.
A Trader tops up a live account or receives a no deposit bonus and starts trading. Information on his transactions is available in the public monitoring page.
A Follower monitors the statistics of Traders in the rating and chooses those who has the trading strategy most suitable for his needs. After choosing a trader, the Follower can go over the suggested payment scheme and set up the parameters for copying.
When the Trader opens and closes orders, these transactions are copied to the account of the Follower according to the specified parameters, bringing the Follower a respective amount of profit. The subscription fee depends on the chosen method. It is deducted either from the Follower`s account or the company`s funds.
Advantages of ForexCopy for Followers:
easy earnings for beginners in the Forex market
a large selection of ForexCopy Traders with full and transparent statistics
the minimum deposit required to start copying is as low as $10
trading takes place on your account and you completely control the process
a flexible payment scheme (including payments covered by the company)
an opportunity to follow several traders, thereby minimizing the risks
a possibility to define a ratio for copying and other settings on your own