A step-by-step guide to using IronFX’s TradeCopier feature
As the global online trading landscape constantly evolves, with new trends emerging all the time, brokerages are having to rise to the challenge by delivering the best products and services to adapt to shifting trader preferences.
One particular area that has experienced a notable surge in popularity is copy trading, capturing the excitement of retail traders worldwide due to the quick and easy way in which traders can replicate the strategies of top performers.
With demand continuing to grow, the need for effective copy trading tools has also increased, meaning companies are adapting quickly, developing innovative solutions to help them stand out in such a competitive market. At the forefront of this revolution is IronFX, a global leader in online trading, which offers its proprietary TradeCopier platform as an exclusive feature to clients.
What Is TradeCopier?
TradeCopier uses cutting-edge technology to help traders copy the strategies of the best and most successful traders in real-time. As a completely automated platform, it eliminates the need for constant market monitoring, making it an ideal tool for those with limited time or experience.
With features including real-time trade mirroring, flexible settings, and strong risk management tools, it enables users to make informed decisions while staying in control of their trading activities.
Suitable for beginner traders hoping to develop their knowledge and seasoned traders looking to diversify, the tool is perfect for those eager to gain insights into the most effective trading strategies out there.
By automating the process of trade replication, the platform provides a valuable portal to explore the unique potential opportunities available through duplicating the trades of experts.
User-friendly features for followers
TradeCopier provides a bespoke trading experience, allowing users to mirror trades with minimal delay by following the trading decisions of professional traders, enabling them to tap into swift market movements as they arise.
Designed with solid risk management tools built-in, it includes features such as maximum loss limits and automatic position closures helping users maintain close alignment with their personal financial goals.
- Access to expert strategies
The platform connects users with some of the most successful traders in the market. By following these experts, users can gain insights and improve their trading outcomes.
- A key time-saving solution
It saves time for users by eliminating the need for detailed market analysis, making it an excellent choice for traders who wish to maximise their trading potential.
- Complete trading flexibility
There is a range of customisable settings, meaning users can adjust their strategies to suit specific market conditions, enhancing their ability to navigate the markets with better precision.
- An important diversification tool
Users can diversify their portfolios by following multiple Strategy Providers, reducing risk exposure and exploring a wide range of varied trading approaches.
- Flexible subscription management
The platform’s intuitive interface allows for full user control. It enables seamless subscriptions to Strategy Providers, while also featuring options to pause, unsubscribe, or reconnect at any time.
An income generation tool for Strategy Providers
IronFX’s TradeCopier also benefits professional traders by allowing them to share their expertise with a global audience. By becoming a Strategy Provider, professionals can expand their reach, build recognition, and earn additional income based on their followers’ success.
- Increased exposure
Professional traders can connect with a diverse global audience, increasing their visibility and influence within the trading community.
- Reputational growth
Consistent success and performance help Strategy Providers attract a loyal following and establish themselves as leaders in the industry.
- Additional income stream
Through performance-based fees, experienced traders can generate extra revenue, creating a relationship with their followers that is mutually beneficial.
Combining technology with flexibility
IronFX’s TradeCopier combines advanced features with user-friendly accessibility, setting a benchmark in the industry. By prioritising control, flexibility, and transparency, it ensures that professional trading strategies are available to all, regardless of experience level.
By making professional strategies accessible to a broad audience, IronFX’s copy trading solution is helping to redefine the overall trading experience, offering up a host of opportunities for traders looking to learn from the best and enhance their portfolios.
With its intuitive design, powerful features, and emphasis on risk management, the state-of-the-art tool presents fresh new opportunities in the dynamic and fast-moving world of online trading, both for Followers and Strategy Providers.
How to get started
- Open an account
It is quick and easy to get started. Simply register with IronFX and choose an account type compatible with TradeCopier.
- Select a trader to copy
View the full leaderboard of professional traders, complete with detailed performance metrics to help users make informed choices when selecting a Strategy Provider.
- Customise trade settings
Users can adjust a wide range of settings to suit their individual trading preferences, including leverage, trade limits, and risk parameters.
- Monitor performance
Keep updated with how copied trades are performing in real-time using IronFX’s tracking tools and make swift adjustments as required.
For more details about TradeCopier and how to get started as a Follower or a Strategy Provider, check out the dedicated website page.
About IronFX
IronFX is an award-winning global leader in online trading, with 10 trading platforms and more than 500 tradable instruments in forex, spot metals, futures, shares, spot indices and commodities. Founded in 2010, IronFX serves retail and institutional customers from over 180 countries across Europe, Asia, the Middle East, Africa and Latin America.