Forex copy trading – also known as social trading, mirror trading. Thanks to social media and an increasingly faster web, financial news and market analysis propagate at lightning speed.
The idea of copy trading is to use technology to copy the real-time forex trades (forex signals) of other live investors (forex trading system providers) you want to follow. This way, every time they trade, you can automatically replicate (copy) their trades in your brokerage account.
But the weaknesses are many Copy Trade Trader only make money for a few months and later disappear from profitable List. In this case, the client starts to lose money and burn the account completely.
Many Copytrade Broker is also a scam or losing money because they can operate on Book B method.
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