Quote from: Kevin77 on Today at 02:12:04 PM
Does this copy system come for free of costs or do I need to pay some fee to 1broker and/or to the trader I will be following. I have heard about such copy system in many places like instaforex and etoro but never tried them as it costs something and there will be no guarantee for success of the trader whom I will be following even he had some remarkable trading history.
Does this copy system work in automated way too in 1broker ? I mean if I am following some trader then I also will be trading automatically when that trader opens a position or just intimations alone I will be getting ?
The copy system is a site wide social feature that was released recently, and is available to everyone to use. To copy trades, there are no additional fees other than the standard fee model, which can be found here:
https://1broker.com/?c=en/content/fees1Brokers system is completely transparent, as you can go through each traders account and see their performance, as well as analyze their individual trades they have shared. Of course there is no guarantee of success, but that is why you must do your own due diligence and select traders who have a proven history, and have a proper, proven strategy.
Yes, the system is automatized:
You copy a trader, choose the amount you wish to follow with, and how many trades you want to follow them for in a 24 hour period. ie: .1 BTC with a max 5 trades a day
You are notified that they have opened a trade, along with the trade being automatically opened, in accordance to your pre-defined settings.
View example here:
http://prntscr.com/f4x5lu