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.