The ForexCopy system by InstaForex provides investors with a wide range of unique financial services. Using a revolutionary approach to investments in high-yield projects and reconsidering the basic principles of payment settlements between a trader and an investor, InstaForex has developed the ForexCopy system, an unprecedented service in online brokerage.
To start copying trades, the follower should register a live account on any InstaForex server and register with the ForexCopy system as a follower. After the registration, the follower can look through the monitoring list and copying terms, which traders set to provide their services. The follower also gets an opportunity to set subscription parameters for every trader by selecting currency pairs and scale of copying trades.
Subscription parameters are set for every trader individually and can be changed without canceling the subscription. In case a trader changes his payment options, this move will not affect followers, who has already subscribed to this trader. The system protects followers against any corrections made by the trader at his sole discretion and guarantees that copying terms accepted by the follower will be met.
The system is fully automated and does not require any additional actions from the follower. After the trader has approved the subscription, the follower may have to wait for about 15 minutes until the ForexCopy system is ready to copy trader’s orders. Every follower can monitor the statistics on trading and account balance in Client Cabinet.
All the options copied in the ForexCopy system are displayed on the pages of the Forex Options section in your Client Cabinet.
Depending on a payment option, the trader receives a commission by the end of the day or after the subscription has been cancelled. The trader may choose the daily commission and receive a commission every day, or a commission per trade and receive a commission for every profitable trade after his follower cancels the subscription. Any commission is credited automatically with no additional actions required. Both the trader and the follower can monitor the current amount of commission to be paid online.
Followers of the ForexCopy system can upgrade their profile and become traders with a right to copy orders of other traders. To enable this option, they choose the corresponding parameter in the Profile. Besides, an account of an upgraded follower will be included in the monitoring list of the ForexCopy system.
Attention:In order to be able to start copying trades from the trader's account within ForexCopy, the follower is required to have at least $10 on his ForexCopy account.
Choose smart investments with ForexCopy by InstaForex!