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Abstract:Copy trading platforms are important in the forex industry. Anything traders invests in will be replicated in the user’s own portfolio-paving the way for a passive trading experience. In today’s article, we will list 5 best copy trading forex brokers in August. And you should not miss it.
What is Copy Trading?
Copy Trading platforms allows you to uses technology to copy the real-time forex signals of other live investors (forex trading system providers) you want to follow. Every time they trade, you can automatically replicate their trades.
Copy Trading Forex Brokers:
FXCM is a leading international provider of online forex trading, CFD trading, and related services. Founded in 1999 and headquartered in London, UK, the company's mission is to give traders around the world access to the world's largest and most liquid markets by providing innovative trading tools, employing talented trading mentors, meeting strict financial standards, and striving to provide the best online trading experience in the market. WikiFX has given FXCM a very high score of 8.13/10.
AvaTrade was established in 2006 in Dublin, the capital of Ireland, co-founded by professionals in the financial field and experts in the e-commerce field. By the end of 2016, AvaTrade had 16 directly-affiliated branches, with branches in five continents around the world, in addition to representative offices in more than 20 countries, and business covering more than 150 countries around the world. WikiFX has given AvaTrade a very high score of 8.13/10.
Pepperstone is a broker providing Forex and CFD trading services, founded in 2010 by a management team with extensive experience in the Forex and IT industries. The company is headquartered in Melbourne, Australia, with offices in Bangkok, London, UK, and Dallas, USA. 7.94/10 has been given to Pepperstone.
Tickmill was founded in 2014 to provide online brokerage services for retail and institutional clients worldwide. TickMill provides investors with popular tradable instruments in the financial markets, mainly Forex (over 60 currency pairs), stock indices, oil, precious metals (gold & silver), bonds. WikiFX has given Tickmill a dencent rating of 7.7/10.
eToro was founded in 2007 as an online trading platform that was easy for traders, with graphical representations of different financial instruments Investors can trade thousands of financial assets in multiple categories through the eToro broker, including commodities, cryptocurrencies, forex, indices, and ETFs. eToro gets 7.5 on WikiFX website.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.
The Royal Malaysia Police (PDRM) has received 26 reports concerning the Nicshare and CommonApps investment schemes, both linked to a major fraudulent syndicate led by a Malaysian citizen. The syndicate’s activities came to light following the arrest of its leader by Thai authorities on 16 December.