More and more brokers are providing Social Trading and Copy Trading features in their trading activities, one of which is LiteForex. With Social Trading, traders can share their trading ideas. For novice traders, the Social Trading feature is very useful as a material for their consideration in opening positions. The Copy Trading feature is the next answer if traders are still having trouble.
Through the Copy Trading feature, traders don't just get information about trading ideas and discuss each other. The Copy Trading feature allows traders to copy a trading position, with Money Management that can be adjusted according to the capital of follower traders. With the Copy Trading feature, a follower trader does not need to constantly sit in front of the screen and observe chart movements that risk triggering trading mistakes.
LiteForex Copy Trades In 3 Easy Steps
On October 18, 2018, LiteForex broker shared the good news about their Copy Trading feature. Traders only need three practical steps to achieve success:
- Deposit on a personal trading account.
- Select the trader you want to follow from the list.
- Click the word "COPY."
Every trade deal opened on the provider's trader's account will be automatically copied to the follower's trading account. If a follower checks the box "Copy Trade opens," all trading operations from the trader's account will be executed on the follower's account at the prices available at the time the Copy Trade was made.
Through the services they offer, LiteForex invites novice traders to earn profits through the experience of reliable traders tested in the forex trading world. For more information, you can visit the LiteForex official website and chat with customer service about its various facilities, including Copy Trading and cent accounts, which can be opened with very low initial capital.