The innovative ForexCopy system by InstaForex invites traders to register in the system and provide a paid service of copying their trades to followers.By providing access to the copying, successful Forex Traders receive a commission per every copied trade or a commission per every day of subscription. To become a ForexCopy Trader, open a live account on any InstaForex server and register in the ForexCopy system as a Trader.
After the registration, set the terms of copying for your Followers and choose one of the following payment options:
Commission per profitable trade:
• Commission per trade that will be paid by the ForexCopy Follower per every profitable deal;
• Commission per 0.01 lots that will be paid by the ForexCopy Follower per 0.01 lots of every profitable deal;
• Profit share that will be paid by the ForexCopy Follower per every profitable deal. Commission per one day:
• Commission per subscription day, excluding days when Forex market is closed for holidays (December 25th and January 1st) or weekends (Saturday and Sunday).
After registration in the ForexCopy system, your trading account is added to the public monitoring list which is visited by thousands of potential Followers every day who search for successful investment projects. The ForexCopy system does not limit a number of Followers a Trader may have: he may be followed by tens, hundreds or even thousands of Followers worldwide.
The copying system is fully automated and does not require any additional actions from the Trader allowing him to concentrate on Forex trading. ForexCopy Traders have an opportunity to copy deals of other ForexCopy Traders by choosing them in the monitoring list. Linking a group of Traders whose orders are copied in an integrated manner, a Follower may cover possible losses or join a group of other Followers and copy deals of one Trader on a smaller scale.
A Trader may combine different trading methods, technical and fundamental analyses by using an advantage to copy orders of other Traders, analyze their strategies and average the risks. Depending on a payment option, a Trader receives a commission by the end of the day or after the subscription has been cancelled.
A Trader may choose a commission per subscription day and receive a commission every day, or a commission per trade and receive a commission for each profitable trade after his Follower has cancelled the subscription. Any commission is credited automatically with no additional actions required. Any commission is credited automatically with no additional actions required. Both the Trader and the Follower may monitor a current amount of commission to be paid online.
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