DeltaFX is one of the most known and well-established brokers around the globe and has been active in the Forex market for the past sixteen years. DeltaFX has managed to win numerous awards over the years, including the Market Leader Award in 2024, The award for the best broker in the world from the trader point of view in 2022, The award for the best IB service provider in 2022, the award for the best broker in terms of trader service in 2021, the award for the best forex broker in the Middle East region in 2021, the award for the best broker in terms of user experience in 2021, the award for the most influential broker in the financial markets in 2021, the award for the most reliable broker in the world from the experts point of view in 2021, and the award for the most influential figure in the financial markets in 2022 among many others.
DeltaFX has been a leading figure and a pioneer in the field of Forex technology and customer service. In the spirit of maximum profitability and client satisfaction, DeltaFX has created a state-of-the-art copy trade program that is a perfect solution for Pro traders and investors who wish to make the most out of trading collaboration.
Investors can make profits with fewer trading risks and less fatigue by connecting to pro traders, and pro traders can make profits from their trading expertise.
In the following, we will discuss DeltaFX’s copy trade program in detail.
What Is Copy Trade?
Copy trading is a form of trading whereby a trader, a novice or one who does not have the time and knowledge to trade, starts copying the trades of a seasoned, successful forex trader. In this way, one is able to get the same effects as professional traders without necessarily having to analyze markets or execute a trade. How it works:
- Trader Selection: A copy trader, the trader who is going to copy the trade, selects a professional or experienced trader from a platform offering such services as copy trading. This selection is based on various parameters such as the trader’s past performance, risk profile, trading style, etc. Other reasons for selection may be based on factors like return on investment.
- Auto Copy: Once a trader is chosen, the platform will automatically copy all actions that are done in the forex market by the selected trader. This simply means that for each opening, closing, and modification of a position made by the professional trader, the same action is copied in the copy trader’s account.
- Control and Customization: Often, it allows the copy trader to decide on the amount of his capital that he wants to allocate to a particular trader’s strategy and set his limits of losses or gains. At any moment, he may stop copying or switch to another trader.
- Shared Risk and Reward: The outcome will be directly proportional to the performance of the trader whom one is copying. If the professional trader realizes some profits, so will his copy trader; in case of losses, it is going to be the same situation.
Key Benefits:
- Access: It’s excellent for beginners who want to get exposure to forex with minimal experience.
- Learning: Novice traders can sometimes pick up a thing or two about strategy and tactics from watching the strategies of skilled traders they follow.
- Save time: There is no need to monitor market activities or charts constantly.
Key Risks:
- Dependence: Your profits are entirely dependent on the performance of the trader that you copy. So, poor decisions from that expert could lead to your losses.
- Fees: The service is provided on some platforms by professional traders, who may charge a fee that could eat into the profits.
Copy trading finds one of its most potent applications in forex due to intricacy and volatility in the market, where informed decisions made by experienced operators can be advantageous. Popular leading platforms for forex copy trading include eToro, ZuluTrade, and MetaTrader, with its signal service.
DeltaFX’s Copy Trade Program
DeltaFX offers a state-of-the-art copy trade program that has many advantages for both Pro traders and investors. You can find a detailed recount of DeltaFX’s features and advantages:
- Completely vivid reporting: both investors and Pro traders have access to vivid and transparent reporting of every trading activity, including the number of trades, losses, profits, and lot volume, among many others.
- Adjusting the amount of risks: Investors can reduce or increase the risk of their account by choosing the risk level from 50 to 200 percent based on the existing balance in the account.
- Setting profit conditions for traders: Pro traders can choose to charge between 10% and 50% of investors’ profits as a fee.
- Earnings for investors and Pro traders: Both investors and Pro traders make a great deal of profit due to collaboration.
- Introducing top traders by DeltaFX: DeltaFX prides itself on selecting and choosing top-tier Pro traders to partner up with its clients.
- Automatic adjustment of account risk: In the copy trade system, the volume of investors’ trading is done automatically based on the selected balance and risk.
- Accurate execution of tradings: In the process of copy trading, the opening price, closing price, profit limit and loss limit of investors will be the same as the price of the copy trader, and there will be no price difference.
- Ability to create multiple copy trade accounts for traders: Professional traders can create and offer multiple copy trading accounts to investors based on their trading strategies.
- Continuous profit and experience for beginners: By connecting your account to experienced and professional traders, you can earn like them and directly benefit from the experience of professionals.
- Paying the copy trade from profit: You will pay the connection fee to the copy trade when you have made a profit, and this fee will be deducted from your trading profit.
The Concluding Remarks
DeltaFX’s copy trade program is the perfect opportunity for novice traders to enter the forex market with a minimal amount of risk and without market difficulties, as well as for pro traders to make the most of their expertise in the forex market. DeltaFX’s copy trade program provides the most competitive advantages, including vivid reporting, setting risk limits, having multiple copy trade accounts, and so much more.
Kindly visit DeltaFX.com to learn more about the copy trade program.
