Investing in something is a process, which always implies a certain amount of risk and requires some time for studying and analyzing the market situation. On the Forex market, Investors have to find the balance between profit and security of the funds they invest. However, there is a way to save time and minimize possible losses with CopyFX - a copy trading investment platform.
CopyFX offers Investors three schemes of cooperation, where potential risks are minimized as much as possible. According to the first scheme, Investors copy transactions from Traders and pay them a fixed commission for each profitable transaction; according to the second one, Investors pay Traders a fixed amount of the total profit made while copying transactions from Traders’ account. According to the third scheme, Investors pay Traders no commission for copied transactions.
With the help of our complex rating system, which ranks Traders according to their activity and profitability, you can easily find the way most suitable for you to invest your funds.
How to become an Investor in CopyFX:
Open your personal Investor account and deposit it.
Subscribe to the Trader’s offer.
Transactions from the Trader’s account are copied to the Investor’s account during the period of the offer.
The Trader receives his/her commission (this step is not applicable for Traders without commission).
The profit made during the period of the offer (minus the commission transferred to the Trader’s account) remains on the Investor’s account.
This may be useful for an Investor:
In order to become an Investor in CopyFX, you need to have Members Area at RoboForex. If you’re already registered as the Company’s client, you need to choose "Open Account" in the "CopyFX" section of your Members Area. If you’re a new client, then choose one of the CopyFX accounts when registering Members Area.
More detailed instructions can be found on "For Investor" page.
CopyFX offers you the following types of accounts: Fix-Cent, Pro-Cent, Fix-Standard, Pro-Standard, ECN-FixSpread, ECN-Pro, Pro-Affiliate.
When choosing a Trader, you’re recommended to pay attention to the following:
1. Trader’s profitability index. The level of Trader’s professionalism and competence is directly proportional to his/her earnings stability.
2. Trader’s activity. Wise and responsible trader doesn’t leave his/her "workplace" for more than one week.
3. Trader’s trading style. The more aggressive the trader is, the more likely that he/she might lose a considerable part of invested funds.
4. Number of Trader’s subscribers. It indicates the amount of subscribers, who trusts in his/her abilities and consider him/her a reliable partner.
Offer is a formal agreement between the CopyFX participants, which defines the conditions of copying transactions from Traders.
Offer is created by Trader. The conditions of the offer specify the payment scheme and the amount of the commission (it can be either a percentage of the total profit or a fixed sum for each lot. In "Trader without commission" scheme, commission equals zero), the starting date and the period of the offer, the minimum deposit (the minimum amount of funds for the Investor to subscribe to the offer). Also , Traders write short description of their trading strategy.
In order to subscribe your Investor account to the offer, go to "CopyFX – Rating" section of your Members Area. In the rating table, using different filters, you can find the Trader, who is the most suitable for your requirements and demands. You can subscribe to his/her offer immediately by clicking on "+" or after studying his/her profile by clicking on the name in the table.
More detailed information about subscriptions to the offers can be found on "How to connect to Trader" page.
You can manage your subscriptions in "CopyFX Settings" section of your Members Area, where there is a complete list of all active subscriptions. You can subscribe to the several offers at the same time and delete those subscriptions, which are no longer interesting for you.
More detailed information about how to manage your subscriptions can be found on "Offers with Traders" page.
The profit (if there is any) for the transaction you copied is transferred to your account at the moment the transaction is closed. The Trader’s commission is deducted from this profit according to the following schemes:
1. "Trader on commission" subscription:
You pay the Trader a fixed commission for each profitable transaction copied from their account. The commission is transferred from your account to the Trader’s one once a day until the period of the offer is over.
2. "Trader on profit" subscription:
You pay the Trader a fixed percentage of the total profit for the transactions copied from their account during the period of the offer. The commission is transferred from your account to the Trader’s one the next day after the period of the offer is over. You pay the Trader no commission in case you haven’t received any profit for the transactions you copied from them.
3. "Trader without commission" subscription:
The Trader operates without any commission, that’s why all your profit is kept on your account.