Instaforex ForexCopy System
Instaforex ForexCopy System
ForexCopy system by InstaForex is an innovative service enabling following successful Forex traders and copying their trades online on a set ratio. The ForexCopy system is designed to enable copying orders of successful and professional Traders registered in ForexCopy. Statistics on a trading process and chosen strategy is available on the ForexCopy monitoring page.
To allow copying trades, professional Traders should once adjust terms of copying and then proceed with habitual trading. A Trader may choose various options, such as a commission per deal, a commission per 0.01 lots and a profit share to be paid by his Followers.
The copying system is fully automated and does not require any additional actions from the Trader allowing him to concentrate on Forex trading. ForexCopy Traders have an opportunity to copy deals of other ForexCopy Traders by choosing them in the monitoring list. Linking a group of Traders whose orders are copied in an integrated manner, a Follower may cover possible losses or join a group of other Followers and copy deals of one Trader on a smaller scale.
A Trader may choose a commission per subscription day and receive a commission every day, or a commission per trade and receive a commission for each profitable trade after his Follower has cancelled the subscription. Any commission is credited automatically with no additional actions required. Any commission is credited automatically with no additional actions required. Both the Trader and the Follower may monitor a current amount of commission to be paid online.
You can select some of the best traders registered at InstaForex in ForexCopy according to their performance, trading style and rate of success. Statistics on a trading process and chosen strategy is available on the ForexCopy monitoring page.
You will then decide how much of the money in your account will be made available to any of these traders based upon their strategies, success-rate and level of risk. Your money will remain in your personal account, but every time one of the traders that you selected will do a trade on his / her own account, this trade will be copied to you trading account with a similar % of money and a trade will be activated at the same time on your account.
First you need to have an Instaforex account, click here to register one and then activate your ForexCopy menu on your trader cabinet.
Any InstaForex customer may register in the ForexCopy system and follow as many successful Traders as he wants. There are no special restrictions on registration in the InstaForex system. Moreover, the service is provided free of charge.
Read also this list of ForexCopy traders recommendation and check their performance, the list was updated weekly.