AvaTrade Copy Trading
AvaTrade Copy Trading review by forex experts, All you need to know AvaTrade Copy Trade software, How to use AvaTrade Copy Trading platform, At the end of this AvaTrade copy trade review if it helps you then help our team by share it please, For more information about AvaTrade copy trading review you can also visit AvaTrade review by ForexSQ.com forex website.
AvaTrade Copy Trading review
Copy trading enables traders in the financial markets to automatically copy positions opened and managed by a selected investor, usually in the context of a social trading network.
Unlike mirror trading, a method that allows traders to copy specific strategies, copy trading links a portion of the copying trader’s funds to the account of the copied investor. Any trading action made thenceforth by the copied investor, such as opening a position, assigning Stop Loss and Take Profit orders, or closing a position, are also executed in the copying trader’s account according to the proportion between the copied investor’s account and the copying trader’s allotted copy forex trading funds.
The copying trader usually retains the ability to disconnect copied trades and manage them themselves. They can also close the copy relationship altogether.
Copy forex trading has led to the development of a new type of investment portfolio, which some industry insiders call “people-based” portfolios. People-based portfolios differs from traditional investment portfolios in that the investment funds are invested in other investors, rather than traditional market-based instruments.
Copy Forex trading methods used
Different copy forex trading platforms employ different copy trading logics. These usually vary in regards to the minimum copy forex trading amounts, the minimum amount for a copied trade, and the way money in/out operations on behalf of the copied trader are reflected in the proportions between the copied-copying accounts.
Some platforms also enable traders to place Stop Loss orders on the entire copy forex trading relationship, allowing traders to control the risk of their copy FX trading activity based on the individual copied investors.
Forex Copy Trading Compared to Social Trading
Various financial trading operators offer copy trading capabilities as part of a larger social trading platform. Social trading usually includes the ability to connect with other investors using the platform in social ways (comments, likes, link sharing etc.) as well as find potential copy trading candidates by viewing investors’ performance statistics.
Some platforms also provide ways to sort and rank traders according to certain performance parameters, thus making it easier for traders to find potential investors to copy.
AvaTrade Copy Trade review
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