Forex

MyFxBook AutoTrade forex brokers

 

AutoTrade was launched in the beginning of 2013 by MyFxBook, a UK-based provider of forex analytical tools and trading community portal. It is a platform, specialized in copy trading, also called auto/mirror trading, as well as copying signals.

 
As an automated social trade copying service, Myfxbook’s AutoTrade enables traders to track, compare, analyze and share their trading strategies. Unlike other auto trading platforms like eToro and Ayondo, Myfxbook doesn’t act as a broker itself and traders need to register with one of their partner brokers in order to use the platform. 
 
Unlike ZuluTrade, one of the oldest and most popular social trading platforms, Myfxbook doesn't allow demo traders to become signal providers.
 
AutoTrade service is free, as the provider Myfxbook requires no fees, however most partner brokers charge a small extra commission per trade executed in a client account from an AutoTrade system signal. Traders who are signal providers, on the other hand, get paid by Myfxbook 0.5 pips per winning trade on all investors subscribed to their system.
 
Currently it supports over 40 brokers and a number of trading platforms: cTrader, MetaTrader 4, MetaTrader 5, fxTrade/fxTrade Practice, FXCM Trading Station and Strategy Trader.


MyFxBook AutoTrade forex brokers

Broker Country Regulation Min.deposit Review
UK, Australia FCA, ASIC $50 Review Website
Belize IFSC $100 Review Website
Cyprus CySEC $300 Review Website
Australia ASIC $200 Review
UK, Australia FCA, ASIC $1 Review
Dominica No $1 Review
UK, Australia FCA, ASIC $250 Review
Australia ASIC $100 Review
Cayman Islands CIMA $100 Review
Australia, UK ASIC $200 Review
Australia, UK ASIC $1 Review
Switzerland FINMA $1 Review
St Vincent and the Grenadines No $10 Review
Cyprus CySec $500 Review
New Zealand FMA $300 Review
UK, Seychelles FCA $25 Review
Cyprus CySec €1,000 Review
Cyprus CySEC $500 Review
Australia, New Zealand ASIC, FMA $100 Review
SVG N/A $25 Review
New Zealand FMA $50 Review
Cyprus CySEC $250 Review
New Zealand FMA $200 Review
Australia ASIC $500 Review
Australia ASIC $500 Review
Cyprus CySEC $1000 Review
Cyprus CySec $100 Review
Panama, BVI N/A $500 Review
Belize IFSC $10 Review
Belize IFSC $10 Review
New Zealand None $10 Review
Forex

Related News

MyFxBook adds Portfolio section to Forex Calendar, Market & News app for iOS

Nov 20 2015 13:50:34 Stanimir Zhelev in Software

MyFxBook, a UK-based provider of forex analytical tools, has released an updated version of its Forex Calendar, Market & News mobile application for iOS users, adding a new portfolio section to it. Read more

Review: The new MyFxBook Android app

Oct 06 2014 12:35:57 Stanimir Zhelev in Software

Yesterday the popular social trading network Myfxbook announced the launch of a new Android app. Up till now the Myfxbook members were able to track their performance using the unofficial FxTrack app. Read more

Myfxbook advertises forex contest sponsored by the controversial ForexBrokerInc

Sep 15 2014 11:35:41 Yassen Vassilev in Market

Myfxbook, the reputable social trading platform, is running a contest with a controversial and unregulated forex broker, ForexBrokerInc, against which the Malta Financial Service Authority has warned the public. Read more

Hedge King review: An original, safe and profitable forex strategy

Aug 28 2014 15:19:23 Yassen Vassilev in Signals

Hedge King strategy is one of the most popular among Myfxbook community. The system's performance is not spectacular but very sound with its low risk and sustainable profits. It's worth a look. Read more

Kondakov Review: The perfect forex system we don't buy

Aug 18 2014 14:58:40 Yassen Vassilev in Signals

The Ukranian trader Konstantin Kondakov is running one of the more popular systems at Myfxbook. Being an asset manager at an unregulated broker called Forex MMCIS he does not allow to be followed and his signal copied. Yet many people are interested in him. Read more

Forex