RoboForex appeared with a series of innovations. This Cyprus and New Zealand-based broker has launched its newest social trading network, CopyFX. Initially, the service was only available in Russian. However, since last week, CopyFX, which has been expanded to various countries with the address copyfx.com, has been translated into 11 languages, such as English, Mandarin, Taiwanese, Indonesian, Malaysian, Arabic, Spanish, Italian, Portuguese, Ukrainian, and Polish.


It's the same with other social trading platforms like ZuluTrade. For example, CopyFX allows traders to copy the successful deals of their friends in the social trading network. Also, with CopyFX, even experienced traders can promote their skills in making profits to investors looking for a trusted trading manager or teacher.

Currently, there are 300 gurus on the trading social network. The most popular trader today is MargoStFX, a trader from Ukraine whose portfolio has been copied by 76 traders.  

This RoboFX innovation is somewhat surprising because it appeared when other leading brokers were aggressively stopping their social trading services. For example, Alpari finished TraderConnectand fxUnity by Oanda, which also did not last long. The reasons for closing social trading services varied, one of which was because they failed to gain the sympathy of traders to join.

Forex Mobile in Indonesian

RoboFX's courage should be appreciated. There is a possibility that this company is trying hard to get potential clients from countries that are already familiar with forex trading, one of which is Indonesia. Unmitigated as of October 1 yesterday, RoboForex has officially launched the Forex Mobile service, which is explicitly provided in Indonesian.

It seems that RoboForex knows very well that many forex brokers have gained business success in Indonesia. Therefore, this Forex Mobile service will make it easier for Indonesian traders to trade forex with advantages such as flexibility, information that can be accessed at any time, and an interface design suitable for Indonesian traders.