OctaFX copy trading: a whole new opening

18 September 2018

We’ve released a new service that expands your options for making a profit in both active and passive ways—OctaFX Copytrading. Novice traders can now automatically copy the positions of pros and learn their strategies, while experienced traders can now apply for Master Trader status and start collecting commission from their copiers.

Whether you want to make money in a more passive way, or thoroughly examine the trading techniques of the most proficient traders, you can simply view the list of Master Traders on our site and start copying the one you like in a couple of clicks. If you do not have much time to monitor the market, and you still want your money to work for you, or if you are taking some time off from trading and are looking for a short-term highly profitable investing strategy, this feature is for you!

We offer a variety of risk management tools to back you up when you entrust Master Traders with your capital: we collect all the trading performance data on our Master Traders and show them to the public, and we let you adjust the threshold on which new trades will stop getting copied if a particular Master Trader goes too deep into loss. You can also diversify your portfolio by allocating money to different Master Traders using different strategies and trading on different symbols—this lowers the risk significantly.

If you feel like you are an experienced trader and you’d rather let others copy you for a fee, you can almost as easily create your master profile and describe your trading strategy. We’ll add you to the master’s pool where traders and investors will see your performance and strategy description. When you become a Master Trader, we encourage you not to wait for copiers to find you, but to act in a more proactive manner: promote your master profile and create several trading accounts for different trading strategies.

Additionally, to make it easier for you to manage your finances between master traders and to collect profit, we have introduced a special Wallet for your Personal Area. You can now accumulate funds in your Wallet before distributing them to Master Traders, add up your profit on it at the end of each trading day, or conveniently withdraw money from a single location.

Share:


Related

What Will Happen to Bitcoin under Trump?

What Will Happen to Bitcoin under Trump?Trump has declared that the United States could become the global capital of the crypto industry. To achieve this, he proposes reducing regulatory pressures.

8 Nov 2024

Is it Easy to Learn Forex? A Comprehensive Guide to Mastering Forex Trading

Is it Easy to Learn Forex? A Comprehensive Guide to Mastering Forex TradingForex trading is a captivating endeavor, promising both active and passive income streams. Yet, mastering forex is a continuous journey that transcends expertise levels, be it a novice or a seasoned trader...

26 Jan 2024

NordFX: Earning the Title of Best News & Analysis Provider for 2023

NordFX: Earning the Title of Best News & Analysis Provider for 2023In a resounding victory, NordFX, a prominent brokerage firm, has been crowned the "Best News & Analysis Provider" of 2023...

22 Jan 2024

Unlock Global Trading Opportunities with Errante

Unlock Global Trading Opportunities with ErranteErrante, the premier online broker, is dedicated to delivering top-tier services and forging long-lasting, trust-based relationships with our clients. Our mission is to enhance your online trading journey...

18 Jan 2024

Three Popular Gold Trading Strategies When Trading Gold CFDs

Three Popular Gold Trading Strategies When Trading Gold CFDsGold, a precious metal revered for its value for centuries, has found its place in the world of trading. Trading gold has become a popular way to invest in the commodity market...

16 Jan 2024

Mega Super Lottery 2023 New Year's Draw: Another $50,000 Drawn

Mega Super Lottery 2023 New Year's Draw: Another $50,000 DrawnSince 2021, NordFX, a renowned broker in the financial markets, has been captivating its clients with the annual Super Lottery, boasting a staggering prize pool of $100,000...

11 Jan 2024

Suggested Forex Nominations

All Nominations 2024