KUALA LUMPUR, MALAYSIA - Media OutReach - 11 January 2022 - The new year means new beginnings. Global broker OctaFX decided to
jumpstart 2022 by updating some crucial settings of its copy trading service.
Copytrading is a top-rated service among the company's clients. There are two
great reasons for its popularity. First, you can easily access the service
through the OctaFX Copytrading App or
desktop. Second, you need little Forex expertise to start making a profit.
it works? The clients, known as copiers, choose professional traders to copy
orders from them. Whenever a Master Trader opens an order, the same order opens
in a copier's account automatically. This way, a copier can simply trust a
Master Trader's expertise and profit with minimum effort.
Copytrading has been working on making the subscription process to Master
Traders more transparent for the copiers. They updated the parameters a copier
can set when subscribing to a professional trader.
copier can choose to copy a Master Trader's orders in equal (×1), double (×2),
triple (×3), or any other volume. Upon selecting a copying mode, a copier will
see the investment required to start copying this Master Trader in this mode.
Another new feature
for the Copiers is the support funds. Copiers can choose to add support funds
to protect their investments from unexpected market movements. This amount will
only be used to support the trading strategy when the market fluctuates.
investment for each Master Trader is calculated automatically. An algorithm
calculates this optimal amount from a pro's trading history. This way, copiers
can choose Master Traders based on how much they are ready to invest. It comes
down to the most significant of the service's recent improvements.
various trading strategies that involve different investment minimums for the
Copiers. In the Master
Rating, Copiers can
filter Master Traders by the minimum amount required to invest with them. The
system suggests Master Traders with strategies matching Copiers' financial
In 2021, the
TradeForexSA magazine, a prominent South African guide to Forex trading, named
OctaFX the Best Forex Copy Trading Platform. As it can be seen from the
company's performance, this and other awards only inspired its' developers to
work harder and deliver the best trading experience for their customers. We
will probably hear of more improvements soon.