Roboforex announces that the expansion of Portfolio Management activities in Cyprus has been licensed under number 191/13. Thus, current Roboforex clients can use the new investment platforms, CopyFX and RAMM, more safely.
This innovation allows traders to choose how to invest their money most efficiently and comfortably according to each trader's style to get additional profits. But first, what are CopyFX and RAMM?
CopyFX RoboForex
CopyFX is a copy trading platform still a member of the RoboForex group. By trading using the CopyFX platform, clients will get the opportunity to be able to simplify the trading process but remain accurate along with risk management. One can choose two positions when trading with CopyFX RoboForex:
- Investor Position:
An investor at CopyFX is interested in profiting from the forex market, has capital but doesn't have experience, or doesn't have much time to learn how to trade. Forex. CopyFX will offer investors an opportunity to cooperate with two schemes. In scheme 1, the Investor copies trade from the trader and pays a fixed commission for each profitable business; in The 2nd scheme, the investor pays the trader a fixed percentage of the total profit made during copying deals from the trader's account. - Trader's Position Traders
at CopyFX are successful traders who don't mind sharing their experiences with other traders but are not yet confident enough to manage other people's funds. CopyFX facilitates this type of trader to continue to benefit from sharing his trading portfolio but does not need to bear the heavy responsibility of double losses, namely his loss if he loses and the failure of the investor who follows the signal.
RAMM RoboForex
RAMM is a RoboForex trading account similar to the PAMM system in other forex brokers. Investors and traders in PAMM can operate and control risk acceptance levels controls while making efficient investments.
Traders at RAMM Traders at RAMM make trading strategies and can receive 50% of the profit that investors get. Meanwhile, investors use their RAMM accounts by copying the design of one or several traders. Transaction volume calculation is provided automatically by RAMM RoboForex.
Thus, the two new platforms open opportunities for traders to invest in various ways in the forex world. Complete information about RoboForex can be seen on the RoboForex official website.