Brokers News

Enfinium releases FX Copy - a new Forex social trading network

Sep 18 2012 12:13:27 GMT
By
Stanimir Zhelev , ForexBrokerz.com Find me on Google+
Forex trading – like any form of online derivatives trading – carries inherent risks.  Many traders benefit from the high volatility which is characteristic of the market, but as with any financial instrument involving the potential for considerable profits in a short space of time, there are traders who have had negative experiences.
 
FX Copy, a new Forex social trading network released by award-winning Australian financial institution Enfinium is changing all of that.
 
Connecting directly to world-class MetaTrader 4 via a real-time two way connection, FX Copy publishes trading account activity in real-time for traders to see, copy or comment on. The inbuilt copying function also allows the copy trader client to adjust the risk parameters of each trade, therefore replicating Forex trades based on your own risk profile.
 
Traders world-wide have started using the platform as a tool to to diversify and minimise some of the risks of trading Forex. This can be done by creating your own diversified portfolio by grouping several traders with different strategies, or by closely monitoring professional traders’ activity and learning from their behavior.
 
FX Copy provides detailed trading profiles, plus a series of analytical tools allowing traders to sort and filter through information to find out how other traders are actively participating in the market. Through FX Copy, traders can now see what trading strategies have worked for fellow traders – and which ones haven’t.
 
Antony Goddard, Director of Enfinium commented: “We are extremely excited at how well the public has received this new offering.  Combining social media with online trading of this nature is a huge step forward for the Forex industry and an excellent way for those new to Forex to enter the online trading world.”
 
FX Copy is completely free and anyone can join, Register FREE today at www.fxcopy.com.
 
 
What is FX Copy?
 
FX Copy is free social trading community allowing traders to share their trading activity with other traders world-wide.
 
Suitable for all types of traders from beginners to the more advanced, FX Copy is the first social trading network released by an Australian-based financial services provider that connects directly with MetaTrader 4 (MT4).
 
 
FX Copy allows traders to connect both MT4 demo and live trading accounts to the social platform in minutes and execute trades real-time. Traders can now trade Forex, Indices & Commodities online whilst automatically posting their activity on their free FX Copy profile.
 
Registered partners of FX Copy include award-winning Australian registered financial institution Enfinium, recent IB Times award-winning retail Forex broker Vantage FX, and triple 2011 Investment Trends winner GO Markets.
 
To find out more about FX Copy, visit www.fxcopy.com
TAGS: fx copy  vantage fx  forex network  forex trading network  social trading network 

More news about Vantage FX

More Forex Brokers News

Plus500 to be delisted from AIM stock exchange after 28 September

Aug 28 2015 13:29:20

Plus500, an online forex broker which is going to be acquired by gambling platform developer Playtech for about $700 million, today announced that its shares will no longer available for trading on London Stock Exchange's Alternative Investment Market (AIM) after the acquisition. Read more

Dukascopy Bank introduces gold denominated trading account

Aug 28 2015 11:59:07

Dukascopy, a Swiss bank specialized in providing trading services, has announced the launch of gold denominated trading accounts. The new account type allows investors to exchange their deposit amount for gold an use it to trade currencies and CFDs with Dukascopy. Read more

ASIC pushes FIBO Group and XM.com out of the Australian forex market

Aug 27 2015 15:45:58

Following ASIC concerns, British Virgin Island company FIBO Group Limited (FIBO) and a Cyprus company, Trading Point of Financial Instruments Limited (also known by the trading name XM.com) (Trading Point), have each agreed to cease providing unlicensed financial services to Australians. Read more

Plus500 net profit down 25% on regulatory troubles in H1 2015

Aug 27 2015 10:59:52

Plus500, a leading online CFDs broker, today announced interim results for the six months ended 30 June 2015.     Financial Highlights:   · Revenues up 20% to $127 million (H1 2014: $106.2 million) · EBITDA1 down 23% to $55.5 million (H1 2014: $72. Read more

TradeKing to acquire US forex broker MB Trading

Aug 26 2015 16:02:23

In a move to further extend the scope of its online brokerage offering, TradeKing Group announced today that it has entered into an agreement with California-based MB Trading to acquire all of the firm’s assets. Read more

Trading 212 - the UK forex boker offering most currency pairs

Aug 24 2015 16:13:33

Trading212, a technology focused forex broker that obtained a FCA license last year, today announced that it now offers 280 currency pairs, more than any other FCA regulated forex broker. Read more

Saxo Bank reports $72 million loss, clients’ deposits reach a record high

Aug 21 2015 14:38:12

The Danish Saxo Bank, in line with its guidance following the unexpected surge in the value of the Swiss franc in January 2015, has reported a net loss of DKK 485 million for the first six months of 2015. Read more

ADS Securities adds 300 CFDs to OREX trading platform

Aug 20 2015 13:19:30

ADS Securities has launched CFDs (contract for difference) on its OREX platform. Based on a robust pricing engine, the new service allows ADS Securities to offer extremely competitive prices across the complete range of indices, single stock, and commodities CFDs. Read more

CySec regulated RoboForex CY launches Metatrader 5 and cTrader

Aug 14 2015 12:42:04

RoboForex (CY) Ltd, is a European broker regulated by the CySEC, announced yesterday that it has significantly expanded the list of trading platforms. Starting August 13th 2015, RoboForex (CY) offers its clients MT5 and cTrader terminals in addition to MT4. Read more

Gain Capital's CEO: Devaluation of the Chinese yuan will not affect financial results

Aug 12 2015 09:45:21

GAIN Capital Holdings, Inc. (NYSE: GCAP), the company behind popular forex trading brand Forex.com, yesterday commented on the devaluation of the Chinese currency. Read more