From connection to first profit
Update: May 19, 2022 4:12 p.m. STI
New Delhi [India], May 19 (ANI/GPRC): A copy trading account allows you to trade in real time like more experienced and successful traders. This involves the sharing of rewards as well as specific risks. Fortunately, advanced copy trading platforms provide a risk-free option to copy other people’s trades based on their overall performance, track record, type of trading strategy, and other important parameters that can help you in your copy trading approach.
There are three fundamental aspects to the concept of copying trades. The first entity that will follow is a signal provider or qualified trader. The copier, or an investor who wishes to copy trades, is the second participant. A third party is a trading platform. It acts as an intermediary between the single source and the copier, providing both a unified digital environment and a set of advanced investment tools.
Let’s see how we can get started with copytrading in a few simple steps:
-Register with a brokerage platform: the first thing to do for an amateur trader is to find a trusted brokerage platform. For our pick, MTrading is a leading financial services provider and one of the few that offers both signal providers and copycats the complete trade copying solution.
-Go to Merchant Dashboard: The next step is to go to a Merchant Dashboard. Here you will find all the essential details about your account, including its type, balance and trading options to access settings and account details.
-Choose the option for CopySubscriber/CopyMaster: additional account information and management tools can be found here. Users can change their personal details and login credentials, as well as withdraw/deposit funds. You will also find the leverage you are trading with, as well as the type of account you can change. In the new box, click the copytrading account type button and select “Copy Subscriber” to save your changes. Select “Copy Master” if you want to set up a master copy trading account.
With these simple steps, one can easily achieve financial independence by investing in forex, cryptocurrency, indices, stocks, and currency pairs. For beginners, the platform is an all-in-one solution. If you prefer to study while trading, you can use the MT4 copy trading feature.
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