The new mode enables dynamic definition of the transaction volume of the investor’s trade, based on the ratio between the funds in the investor’s account and the account of the trader whose signal is copied.
RoboForex’s CopyFX introduces proportional copying mode
Retail Forex broker RoboForex has enhanced the functionalities of its social trading platform CopyFX.
CopyFX Investors can now use a new copying mode, “Proportional”.
The main feature of this mode is the dynamic definition of the transaction volume copied to the Investor’s account based on the ratio between the funds on the Trader’s and the Investor’s accounts. This ratio is calculated at the moment when the transaction is performed. The CopyFX system will automatically define the copied volume for each transaction.
Advantages of the “Proportional” copying mode include:
- More precise and effective management of subscriptions.
- No need to modify the copying mode if the Equity on one’s account changes.
- Opportunity to set an additional coefficient when copying transactions.
The broker recommends this copying mode to Investors who often change the amount of their own funds used for trading (deposit into their accounts or withdraw funds from them). It is also good for Investors subscribed to Traders doing the same.
To view the official announcement by RoboForex on the new mode for copying trades, click here.
David Hobart
David Hobart is Managing Director of FinAffiliates Limited, the UK media group behind LeapRate, AskTraders and a network of more than 30 financial and trading titles published across several languages and regulated markets. He writes on the commercial side of the industry: broker marketing, client acquisition, affiliate strategy and the editorial standards that hold it together. He is based in North Norfolk.
