CopyTrading is the automatic service to copy trades from selected trader’s accounts. This service allows you to choose the most successful trading strategy from the Master Accounts rankings and to copy the trading with an equal or larger / smaller volume on your trading account. In the process of copying, a subscriber can completely control the process and stop or start up the copying of the trades at any time, as well as to make his own trading.
Benefits of CopyTrading:
- In case of insufficient volume of transactions on the Master account within 30 days, the sum of subscription fee will be automatically returned to the subscriber entirety.
- Experienced traders can earn extra income by selling subscriptions (trading signals) from their Master Accounts in ranking.
- Master Accounts ranking is built on the basis of how effective a particular Master account manages the capital involved in trading. This means that regardless of the Master account balance, the ranking considers only the rate of profit growth of the margin participating in the transaction.
Example for rating calculations:
Trader A has $ 1,000 in the account. He sells 1 lot USDJPY, using for this transaction $ 100. Trader A has earned $ 200, therefore his effectiveness is 200/100 * 100% = 200%
Trader B has also $ 1,000 in the account and sells 5 lots USDJPY. Margin for this trade is $ 500. If he earns $ 500, his effectiveness is 500/500 * 100% = 100%. Therefore, trader B showed lower efficiency for the amount of margin involved in trading and will be lower in the ranking than trader A.
Thus, the rating reflects the most fair statistics of trading strategy for each Master Account.