The financial brokerage RoboForex has launched a comprehensive upgrade of its copy-trading service, marking the platform’s latest evolution from its earlier iteration, known as CopyFX.
The changes are designed to simplify how investors find and replicate the strategies of successful traders, a process that can often be fragmented across different trading technologies. The update integrates the service more closely into the broker’s main ecosystem while maintaining existing features for current clients.
A key feature of the overhaul is a new, unified rating system for trading strategies. This publicly accessible list brings together data from three separate platforms, such as MetaTrader 4, MetaTrader 5 and R StocksTrader, into a single view. The company says the move will allow users, including those not yet registered, to compare performance and share strategies more easily, potentially lowering the barrier to entry for new investors.
“Investors shouldn’t waste time figuring out platforms,” said Douglas Abreu, regional operations manager at RoboForex. “They should be able to find and follow the best-performing strategies instantly.”
The broker has also updated its partner program, which allows individuals to earn commissions by promoting traders’ strategies. Partners do not need to trade themselves, but receive a share of the commission a trader earns from new investors they attract. The program has now been extended to include the MetaTrader 5 platform, a response, the company said, to growing client demand.
Copy-trading services such as this one allow investors to automatically mirror the trades of selected strategy providers. Traders earn a commission from their subscribers’ profits. RoboForex’s service, which began in 2012, also offers cent accounts for low-risk testing and a flexible fee structure.
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