Just recently we have redesigned our copy trading service to improve the convenience and transparency of the subscription process for our traders. You can now copy Master Traders’ orders in equal, double, or triple volume. Recently we’ve been working on improvements to OctaFX Copytrading in order to make the subscription process to Master Traders easier and safer. We’ve updated the parameters you can set when subscribing to a preferred Master Trader.
When starting a subscription, you can now choose to copy a Master Trader’s orders in equal (×1), double (×2), or triple (×3), or any other volume. Upon selecting the copying mode, you will see the investment required to start copying this Master Trader in this mode.
Another new feature for the Copiers is the support funds. With this, you can add support funds to protect your investment from unexpected market movements. This amount will only be used to support the trading strategy when the market fluctuates. You may wonder how we calculate the required investment for each Master Trader. It comes down to the most significant of our recent improvements. The minimum investment with each Master Trader is now calculated automatically. Our dedicated algorithm calculates this optimal amount from a Master Trader’s trading history. You can benefit from this new feature and choose Master Traders based on how much you want to invest.
Our Master Traders utilise various trading strategies that require different investment minimums to copy them. Go to the Master Rating, fill in your preferred investment amount in the Minimum investment filter, and see Master Traders whose strategies you’ll be able to copy with your investment comfortably.
In 2021, the TradeForexSA magazine, a prominent South African guide to Forex trading, named us the Best Forex Copy Trading Platform. This recognition only inspired our copy trading service developers to work harder and provide you with the best conditions. Share your feedback, and we will continue improving our service to best suit your needs.
OnsaFX, a regulated, global & zero-commission broker, is strengthening its presence in Africa by preparing to enter the Ghanaian market.