Forex platform | Trade currency with trading platforms

Copy trading is becoming an increasingly popular way to access the world of forex trading. Countless social trading networks, such as currencies, are available to select from, with thousands of people using the site to take advantage of copy trading capabilities.

Available to traders of all levels, this is a convenient tool that gives investors the opportunity to gain access to some of the world’s most professional trade leaders. By joining a network such as currencies, you will be able to choose your preferred trade leaders, copy their trades and make a profitable investment.

How Does Copy Trading Work?

It is easy to get started with copy trading. Simply find a forex broker that provides copy trading services through a copy trading network. Then, simply register your details with the forex broker and activate your forex trading account.

Once you have set up your account you will be given access to thousands of professional trade leaders, who usually go through rigorous tests before being granted permission to become trade leaders. Their entire trading portfolios are presented to you, and you can browse through and assess them before selecting the individual (or individuals) you wish to follow.

From here, simply insert your chosen leaders into your trading portfolio, and wait for them to execute trades. All trading activity carried out by the trader will be automatically copied into your account, meaning that all you need to do is wait for the funds to filter into your account once a successful trade is activated.

Who can use Copy Trading?

Although no trading experience is necessary with online copy trading, it is not exclusive to novice traders. Even though it gives apprentice investors heightened access to the market, it is a service that any investor can make use of, regardless of size, level or types.

Even if you are already actively trading forex, you can still make use of social trading networks to easily diversify your trading portfolio. Copy trading is the ideal way to access the trading strategies of successful online traders, while reviewing which tools those traders prefer to use to enhance their trading success.

This particular method of trading has also been proven to give retail traders the edge, since it enables them to make excellent and unlimited returns on investment by doing very little except monitoring the performance of their selected trader. Finally, it is an ideal strategy for investors who are inexperienced in trading a particular currency pair but wish to take advantage of the investment potential that instrument presents.

The forex is the great opportunity of gain that is becoming increasingly popular among Italians. There is no need, in fact, great knowledge and great skill, just a PC connected to the internet and a forex broker.

But what, exactly, forex broker? It is an intermediary that allows the trader to go directly to the large market. Let us remember that for years the forex has been the preserve of only large hedge funds and investment banks. Now the huge revenue potential inherent in forex are open to everyone, everyone can start trading investing just 100 Euros.

In short, it is not difficult to become rich by speculating in currencies: but we must be able to move. And the first choice to make is that the broker. Choosing the right site at the initial time there is then a course which just goes downhill. Conversely, if you do not choose the mediator well the risks are high and you can even get to lose money.

After this brief introduction, let's move to the presentation of the blog. This blog was created to present the best forex brokers British, the ones where you should really invest to earn money. If you are interested in earning money on forex, follow me day after day because there will always be big news.

Before we go on with our blog (and I mean our understanding that this is an adventure that involves, at the same time, me as the author and you as readers, but in the end we all forex traders) want to clarify something very important.

The good forex broker is always allowed.

All forex brokers you see on these pages are strictly authorized by the competent authority, this is obvious, because only the authorization ensures that the forex broker is secure and 100% reliable. Let us always remember, this aspect when choosing a forex broker, because it is really worth it.

Dear British traders, with this post I want to invite you to keep an eye on the forex broker you choose! In fact, I want to tell you that the forex broker is an integral part of your success. Only choosing the right forex broker you can access the best conditions.

And if that is not enough, we must say that sometimes there are forex brokers who cheat traders: this is not to scare anyone, in fact I say first that there are forex brokers excellent English and they are the ones you find here on this blog.

That is why I urge you to keep your eyes open when you approach the forex broker.

In the Forex market, especially if you do operations in the long term and we do not operate in the intraday market, we must take into account the fact that the currency pairs are of interest, as these can go either in our favor or against us.

Each coin has in fact cost is linked to the fact that we leave open an operation for more than a day. This cost is the difference in interest rates between the two currencies, also known as swap points. Specifically, if the rates of interest of a zone are for example at 3.75%, while in another country are to 0.5%, the difference between the two rates is 3.25%. This means that if you buy the currency EUR / JPY, or if you go along, you will also get 3.25% per annum for each day keep open position on this currency pair. If you go short on the currency exchange EUR / JPY, then it will cost us 3.25% per annum.

In general, an interest rate of 3.25% may seem low, but we must not forget that the Forex also gives a lever, for example, 1 to 100, which would have profits of 325%. Obviously, this applies also to the contrary, ie with negative interest rates.

Here, then, understand how any news on interest rates can directly affect the currency markets. Usually, if a country raises its interest rates, then the currency of the country will be strengthened against the currencies of other foreign countries, as investors are tempted to buy the currency of that country to have a higher yield.

At the same time, the increase in interest rates may also be bad news for equity markets as some investors to withdraw investments in shares of that country given the rise in borrowing costs. This obviously weakens the currency of the country.