FXTM Invest is one of the best Copy Trading platforms that can be used to trade in the market by copying Trader’s successful trades, it is offered by Broker Forex Time and I can assure you that it is very good apart from the fact that it is a platform that you can manage from your mobile and this is a 100% regulated Broker.
FXTM Invest revolutionizes certain things to do Copy Trading as the fact of being able to define a saving level of up to 90% for investors, this means that as an investor by copying a strategy manager you can save up to 90% of your capital in case the manager starts to have losses in operations while other Brokers have a much lower stop out.
FXTM allows investors to copy up to 10% of strategy managers’ trades and in addition to the above you can set a security mode to copy half of that 10%, so only 5% would be copied, further protecting the capital.
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What types of accounts are held at FXTM Invest?
As you should have noticed I only mention two types of accounts for this platform, depending on what you want to do you can open either of the two, these are:
Account for Strategy Managers
As a strategy manager you are the one who trades allowing investors to copy you, a minimum deposit of at least 200 USD/ EUR/ GBP is required. The advantage that strategy managers have is that if their investments are successful many people can copy them and can charge commissions from 10% to 50% on successful transactions and thus earn money from all those who copy them.
Investors are those who copy strategy managers, you can have multiple investment accounts (one per manager) and for each you must deposit a minimum of 100 USD/ EUR/GBP. With this account you can copy up to 10% of the operations of the managers and as I said you can define a rescue of up to 90% of your capital and a security mode for greater protection.
The characteristics of these accounts are long and with respect to time can vary so if you want to have updated information I invite you to visit the official page of FXTM and get more information, also if you want to get more information from the Broker visit the entry “Broker FXTM to trade in Forex“ and remember that the risk of capital loss is always present no matter what you do Copy Trading.