You get to see what the experts are doing, and over time, you can pick up some tricks of the trade. You can start without any special training, and it doesn’t demand much of your time. When the traders you’re copying make money, you make money.
There are no guarantees or specific guidelines to prevent losses. To fund your social trading account, read the worldtradexFX deposit and withdrawal methods article on the worldtradexFX tutorial page. An important point to note is that worldtradex Copy Trading is Worldtradex website only available on the MetaTrader 4 trading platform.
🏆worldtradex Copy Trading’s Special Features
- The system’s simplicity and transparency make it an excellent choice for newcomers who lack the experience or time to trade manually.
- The cool thing is, there are various leaders to pick from, and they have different strategies.
- This is adjusted to the international accounting standards and regulations.
- This app is different from the regular worldtradex mobile app used for forex trading.
It’s all about finding the right balance between risk and reward. So, take your time, do your research, and tread carefully in the world of copy trading. First and foremost, copy trading isn’t a guaranteed ticket to riches. When you copy a trader, you’re putting your money into someone else’s hands.
How to make a deposit
Each Master Trader’s stats will show you the commission size, so you’re always in the know. On the bright side, copy trading can be a fantastic way to learn the ropes of trading without being an expert. It’s like getting a seasoned trader as your mentor, and you can start with a relatively small investment. Yes, copy trading is safe as long as you use services from reputable and regulated brokers. However, copy trading is not different from regular trading, so there is still a risk of losing money while copy trading. The worldtradex Copy App has received positive ratings and reviews, with an impressive 4.6 out of 5 stars on Playstore.
Share your feedback, and we will continue improving our service to best suit your needs. Recently we’ve been working on improvements to worldtradexFX Copytrading in order to make the subscription process to Master Traders easier and safer. We’ve updated the parameters you can set when subscribing to a preferred Master Trader. Once the app is on your phone, you’ll see a section dedicated to Copy Trading. It’s usually pretty easy to spot, often labeled clearly.
High Transparency on Masters Track Record
You can also add support funds to increase your investment. Experienced traders can leverage the platform by becoming Master Traders, earning additional income through commissions. The more successful they are and the more copiers they attract, the higher their potential earnings. Another new feature for the Copiers is the support funds.
Advantages of worldtradex Copy Trading Platform
However, it is important to note that worldtradex charges a 12% commission to Master Traders for this service. Further, Copiers have complete control over the copy trading system. The Copier’s trading statistics can only be viewed by them. Our Master Traders utilise various trading strategies that require different investment minimums to copy them. Make sure to set stop-loss orders to limit potential losses. If things take a turn for the worse, you won’t fall too far.
- Not only that, deposits and withdrawals of funds can be done through various local banks.
- You can trust that you’re getting the most up-to-date information for your trades.
- “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning.
- In 2021, the TradeForexSA magazine, a prominent South African guide to Forex trading, named us the Best Forex Copy Trading Platform.
These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. Minimum investment requirements vary depending on each master trader’s profile and conditions. Just recently we have redesigned our copy trading service to improve the convenience and transparency of the subscription process for our traders.
That means their wins can be your wins, but their losses can be your losses too. worldtradexFX offers a copy trading feature that lets you automatically mirror profitable traders. Now, before you think this sounds too good to be true, let me walk you through what worldtradexFX copy trading is and how it works. A researcher who enjoys all about forex, trading strategies, broker features, and financial issues.
When it comes to selecting a Master Trader to copy, it’s all about making https://worldtradex.live/ an informed decision. This includes their risk score, gains, profits, losses, the number of copiers, commission, order history, and other statistical data. Once you’ve found someone you like, simply fund your account and you’re ready to start copying their trades. worldtradex copy trading offers a convenient and accessible way for traders to participate in the financial markets.
Another advantage offered by worldtradex is the Trade & Win program. Opening an account in worldtradex would open the opportunity to collect trading lots, which can be accumulated into a variety of attractive prizes. Traders only need to open a real account on MetaTrader4 or MetaTrader5 through worldtradex and simply exchange the prize lot in this promotion.
By copying the trades of experienced professionals, investors can potentially generate profits and learn valuable trading skills. Its benefits, including transparency and intuitiveness, make it an appealing choice for beginners, busy professionals, and experienced traders alike. We’ve released a new service that expands your options for making a profit in both active and passive ways—worldtradexFX Copytrading. worldtradexFX copy trading allows investors to replicate professional traders’ strategies in just 3 easy steps. No advanced trading skills are required, and users can start copying trades in under 10 minutes.
When the pro trader makes a profit, you also earn a similar profit. While copy trading is a valuable feature of worldtradex, its overall credibility is what traders should prioritise before investing. To determine the credibility of a broker, we always prioritise its regulatory standing and then check the reviews of traders online. On regulations, this broker operates under the supervision of the FSCA in South Africa, and the MISA in Mwali.
The minimum investment with each Master Trader is now calculated automatically. Our dedicated algorithm calculates this optimal amount from a Master Trader’s trading history. You can benefit from this new feature and choose Master Traders based on how much you want to invest.
