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Forex Trading

worldtradex Copy Trading: An Automated Solution to Trade Like a Pro

By William Bakker | 05.15.23 | Comment?

Since some markets will consistently outperform others at various times, you can use the gains of one Provider to make up for any losses incurred from another Provider. Copy trading with ATFX CopyTrade will save you a lot of precious time. Copytrading will help you eliminate all the time spent analyzing charts, chasing pips all over the market, and scanning through several news sources.

Choose Masters who provide regular updates and insights into their trading decisions. For example, setting it to Risk Score will sort Masters from the lowest Risk Scores, while choosing Top Gainers will prioritize Masters with the highest gains. On the main page of Master Rating, simply check the “Free 7-day trial”. The platform will then display a list of all Masters that can be copied using this feature. worldtradex is one of the most famous brokers in the world and has won many awards for its very comfortable trading atmosphere and proximity with customers. worldtradex was founded in 2011 with headquarters in Strovolou 47, Kyros Tower, Nicosia.

Such transparency allows traders to make informed decisions when selecting a provider. To start earning from the financial markets immediately, you must strongly consider copy Worldtradex cheating trading with the ATFX CopyTrade platform. ATFX has simplified signing up, selecting, and copying profitable traders. The copy trading concept remains the easiest way for investors without the time or knowledge to trade the financial markets to get some skin in the game. It shortens the learning curve and allows them to replicate the results of other experienced and profitable traders on the ATFX CopyTrade platform.

  • So, if you’re an active trader who can’t always stay put, you can take advantage of this dedicated worldtradex copy trading app.
  • It is impossible to adjust the Provider’s trading style to match the risk preferences of the Follower.
  • Once you’ve chosen a trader, set your desired copy trading parameters, and let the platform do the work for you.
  • One of the primary drawbacks of copy trading is that traders are reliant on the decisions of others.

Advantages of Copy Trading with ATFX

This website does not sell any trading or investing products or services, but may be compensated through third party advertisers. This compensation should not be seen as an endorsement or recommendation by us, nor shall it bias our robot reviews. You must do your own due diligence and make your own decisions when choosing where and how to invest. worldtradexFX does not charge additional fees for using the copy trading service. Relying too heavily on copy trading can result in a lack of personal trading skills development.

worldtradexFX’s Copy Trading is a feature that allows traders to replicate the trades of successful, professional traders. Copy trading allows those without special skills or knowledge to benefit from the forex market. Therefore, you do not need any special knowledge or skills to copy trade if you intend to copy the trades of other experienced traders.

Ensure you can meet the minimum investment and commission required to copy the Master. The worldtradex Copy App has received positive ratings and reviews, with an impressive 4.6 out of 5 stars on Playstore. So, if you’re an active trader who can’t always stay put, you can take advantage of this dedicated worldtradex copy trading app. The screen will automatically scroll down to the confirmation page, followed by the payment information page. worldtradex Copiers can manually input a specific minimum investment to find Masters.

Tips for adjusting your strategy or trader if needed

Distressed with the services, I searched for another Forex broker and found TradeEU. The broker was regulated, I quickly created an account and started trading. After using the platform for over 1 month, here’s my review – The platform is perfect, leverage is good, spreads are lowest and most importantly, the withdrawals are quick. It took only a few hours for withdrawals to credit to my bank account.

You’ll need to provide some personal details and complete a verification process. However, the most popular market for copy trading is the forex market. To get started with copy trading, it is essential to follow laid-down procedures to ensure you get the best start. The words “copy trading” simply mean copying the trades of another.

Signal Providers

Here is a step-by-step guide to opening a trading account on ATFX. Choosing a specific timeframe allows Copiers to assess how consistent the Master’s performance is during that period. This is important because certain trading strategies may be more effective in short or long-term periods.

The percentage of capital held by the Follower versus that of the Provider determines the trade size used in the copied signals in the same ratio. Most new entrants into the forex market do not have two years to commit to learning. Some may be too busy with their primary jobs and daily schedules. For these, copy trading holds the maximum benefit, as it shortens the learning curve and removes the need for trade analysis, which takes a lot of time.

High Transparency on Masters Track Record

Once a trader sets up their account and selects a signal provider, the entire trading process becomes automated. This means that even individuals without any prior trading experience can engage in profitable trading with little to no effort on their part. worldtradexFX ensures transparency by providing detailed performance metrics for each signal provider. This includes information on their success rate, drawdown, total profit, and trading frequency.

  • Copy trading has sometimes been likened to a master-slave relationship, though not in the strict sense.
  • You can now invest and manage your finances on the go, within a single free app designed exclusively for this purpose.
  • This regulatory oversight suggests that worldtradexFX operates within a legal framework.
  • You have no control over the specific trades they make, so if you don’t agree with a trade, you can only wait for the system to replicate it or stop copying the trader altogether.
  • You can trade your main account on ATFX actively and still follow another Provider passively using a copy trade account.

worldtradexFX’s copy trading feature is a powerful tool for both beginner and experienced traders looking to participate in the financial markets without dedicating excessive time or effort. With a wide range of signal providers, real-time copying, and effective risk management features, worldtradexFX offers an accessible and user-friendly platform for social trading. However, as with all trading strategies, it is important to understand the risks involved and ensure that you select the right providers who align with your trading goals. Once you sign up for an worldtradexFX account, the first step in the copy trading process is choosing a signal provider. worldtradexFX offers a range of experienced traders with a proven track record, allowing you to select someone whose trading strategy matches your risk tolerance and financial goals. You can filter signal providers based on factors such as their trading style, win rate, risk level, and profit potential.

You are free to copy more than one Provider, and you can choose to change Providers anytime you want. The Correction tool is used to define a maximum open volume for each position. This can only be applied to new positions and not to positions that are active. In other words, this tool is used to set a limit on the lot size that can be used to open a position.

ATFX is a regulated brokerage, licensed in various jurisdictions with account segregation for customers’ funds. These all add a measure of protection to ensure your funds are always safe. After every trade, there is always the opportunity to go back and reverse engineer the trades to understand what thought processes went into the analyses and execution of each position. In that manner, you start improving your trading skills without knowing it. To access the ATFX CopyTrade platform, you must first open an account with ATFX.

What is worldtradexFX Copy Trading?

Options range from https://worldtradex.club/ 2 weeks, 1 month, 2 months, 3 months, to all time. For a more detailed guide on how to open a Copier account on the worldtradex Copy App, check out the following video. In worldtradex Copy, you don’t need to create your strategy, think about which technical indicators to use, worry about what type of orders to open, calculate the number of lots, or plan your exit.

Stop loss

Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. Reproduction of this information, in whole or in part, is not permitted. The very essence of copy trading is to provide you with the flexibility to choose which traders you want to copy.

Copiers select a Master Trader whose trading activities they want to replicate. Trades made by the Master are then copied in real-time to the Copier’s account proportionally. It has been mentioned earlier that the minimum investment required to copy a Master starts from $25. However, there are other fees to consider and some Masters set higher amounts. Yes, you can deposit and withdraw from your copy trading account easily using this feature. One thing that sets worldtradex Copy Trading apart from other brokers’ is the availability of a completely free 7-day trial.


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