Reduce risks in trading, take advantage of accurate strategies from expert traders, and earn securely. All of this is AutoTrade.

What is Copy Trading

An innovative way of investing used by traders worldwide that has become extremely popular lately. Everyone considers it a great system for negotiating, but what is copy trading? Copy trading is a service offered by numerous online brokers that allows clients to copy the strategies, actions, and financial transactions made by professionals in the industry. By leveraging the knowledge and experience of established traders, the client (thanks to the copied trades) will have a higher chance of profiting.

In practice, using this service, the client copies the professional’s strategies intending to replicate the success of the operations in their own personal account. Of course, the results of the operations vary depending on the amount invested; thus, the more capital invested, the greater the potential earnings and vice versa.

Most traders who rely on copy trading services aim to have a higher chance of a financial return despite investing small amounts of money. A way to protect themselves from risks before starting to invest more significant sums. In fact, although an expert’s strategies may be accurate and studied in detail, it does not mean they are always right, but that the success rate is higher.

Reasons why a trader should use a copy trading service:

• Monitor and copy professionals’ strategies in real-time.
• Suitable for beginners who want to invest in forex without adequate knowledge and experience.
• Traders who do not have time to closely follow their operations and market fluctuations.
• Great method to expand and diversify your investment portfolio.
• Besides potential earnings, the trader can expand their knowledge by following the professionals’ operations.

Visit the official IronFX website

AutoTrade offered by IronFX

IronFX is an extremely popular international broker that, among its many services, offers a state-of-the-art copy trading system, designed to give traders a greater chance of earning. Additionally, by using the service, clients will have the opportunity to broaden their knowledge by leveraging the skills and experience of industry-leading professionals. Through the AutoTrade platform, traders can choose and copy the most high-performing and profitable trades and strategies. The service allows you to opt for an expert trader through an extensive list available. By consulting the table, you can learn about the performance, strategies, and costs to copy the selected professional.

Here’s how it works: the interested trader must connect their IronFX account to the AutoTrade platform and select the offer that best suits their needs. After selecting the “strategy provider” (professional), they can purchase the strategy that has achieved the best results over a specific period. AutoTrade will automatically execute buy and sell orders. Despite the automatic processes, the client will always have full control over their trades and account.

AutoTrade is accessible to everyone, an extremely versatile service suitable for both experts and beginner traders. Clients can choose trading systems, use successful techniques, and diversify their trading portfolio without the need to download any additional software.

Visit the official IronFX website

The main advantages of using the AutoTrade service offered by IronFX are as follows:

Simple and intuitive interface.

The platform is designed to be clear and easy to use for any category of trader. By connecting their account with a professional’s account (strategy provider), the service will copy the expert’s operations into the applicant’s account. The platform allows copying signals or faithfully reproducing strategies to be copied, enabling clients (besides benefiting from copied trades) to expand their knowledge and experience in the trading world quickly and safely.

Accurate and well-structured reports.

Before choosing the professional to copy, the client can consult detailed reports with complete information on profits, statistics, and risk data. The wide liquidity available and the high learning percentage of Forex trading make AutoTrade an excellent option compared to the standards usually used in forex trading. Copy trading is an evolving investment method that progressively improves as technologies evolve. In the near future, the service may broaden its horizons, expanding its operations into other commercial sectors as well.

Wide range of available professionals.

The platform allows following a vast range of verified expert traders with proven performance in forex trading. Before selecting the chosen professional, the client can consult their operation history and calculate the risks to run before executing any trade. Auto trading is an excellent method for allowing beginner traders to invest in the forex market despite a lack of experience and knowledge in the industry.

Proper risk management.

By using auto trading, clients can leverage experts who fully reflect their trading preferences, style, and risk tolerance. To minimize the chances of loss, the client can set parameters based on their risk tolerance and decide freely how and when to invest by monitoring live statistics for each advantageous strategy.

Visit the official IronFX website

How to start investing through the IronFX AutoTrade platform?

Traders interested in using the AutoTrade service must first visit the official website and open a real account.

To open an account, the potential client must click on “Register” and fill out the registration form with the required information (first name, last name, residence, email, etc.) and click on “Open your trading account.”

After submitting all the necessary documentation for the verification process (e.g., a valid ID and a recent utility bill) and confirming the account, you can make a deposit by choosing the payment method suitable for your needs. Now the trader can connect to the AutoTrade platform and use the service.

Step 1: Registration.

Visit the official website and register by completing the form.

Step 2: Verification

In this phase, the trader must identify themselves with proof of identity and residency. For proof of identity (POI), a clear photo of an official identification document issued by authorities (e.g., driver’s license, ID card, passport, etc.) is required. The document must clearly show the first name, last name, document expiration date, place and date of birth, and signature. As for proof of residence (POR), the client must submit a document confirming the previously provided address (e.g., a recent electricity, gas, water, telephone, fuel oil, internet connection and/or cable TV bill, bank statement). The submitted document must be recent and not older than six months.

Step 3: Make an initial deposit.

Once deemed eligible for the verification process, the account can be considered active and ready for trading. To make an initial deposit, the trader can use their preferred payment method. In the Deposit tab within the Client Portal, you can consult the wide range of solutions to deposit funds.

Step 4: Start investing through AutoTrade

After making the initial deposit, the client can access the AutoTrade platform through the dedicated page on the official website and start investing by copying strategies and trades of professional traders.