The majority of social trading networks either have their own broker or have agreements with a number of different
brokerages then can be connected to their platform. When a network is registered as a broker it makes money
directly on spreads.
When a social trading network has agreements with other brokers it gets compensation from brokers (brokers share
part of their spreads with a platform with no extra cost for the trades). In this case, spreads depend on brokers, so it is
important to check the list of supported brokers and see whether your broker is on that list or if there is a more suitable
broker for you — some of our partners offer spreads on EUR/USD from 1.5 pips.
Headline level h2
A forex trade copier is a software tool that allows trades to copy the trades of other trades or systems automatically. It is often used in the forex (foreign exchange) market to replicate trades from one account to another, or to multiple accounts. The trade copier works by connecting to the source account (the account whose trades are being copied) and the destination account (the account that is receiving the copied trades).when the source account places a trade, the trade copier automatically replicates that trade on the destination account.
Headline level h3
A forex trade copier is a software tool that allows trades to copy the trades of other trades or systems automatically. It is often used in the forex (foreign exchange) market to replicate trades from one account to another, or to multiple accounts. The trade copier works by connecting to the source account (the account whose trades are being copied) and the destination account (the account that is receiving the copied trades).when the source account places a trade, the trade copier automatically replicates that trade on the destination account.
There are a number of ways in which money managers can use copy trading.
As a standalone strategy: some money managers may use copy trading as a standalone investment strategy, allocating a portion of their client’s portfolios to this type of trading.
As a supplement to traditional investment strategies: money managers may also use copy trading as a way to supplement their traditional investment strategies, such as by adding a selection of successful traders to their client’s portfolios.
As a way to access new markets or asset classes: money managers may use copy trading as a way to access new markets or asset classes that they are not familiar with or do not have the resources to trade directly.
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Yes, you should. MDT is an introducing broker of these companies. You need to open a new live trading account with one of the represented brokers. In some cases you can move your current account to our IB group, in others, you will need to open an additional account at a broker (a sub-account) and transfer money from your current account. You also can connect accounts at different brokers. Contact us to precise any details.
Yes, you should. MDT is an introducing broker of these companies. You need to open a new live trading account with one of the represented brokers. In some cases you can move your current account to our IB group, in others, you will need to open an additional account at a broker (a sub-account) and transfer money from your current account. You also can connect accounts at different brokers. Contact us to precise any details.
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