InstaForex

Tuesday, June 26, 2012

Venturing on Forex | InstaForex Copy System


Trekking on an unfamiliar terrain is dangerous, most especially if there's no trail to follow. There's a high percentage that you would injure yourself or worst, lose your way.

The InstaForex Copy System may serve as your trail in the unfamiliar terrain of currency market. A map that would be your reference during you exploration on the currency terrain. It allows you to copy a trade or trades from a Trader's account and use it as your own. Since it had already proven its worth, it enhances your chance of success.

In this system, you could customized the scale of the trades that you wanted to copy and the currency pairs involved. A Follower(the one copying the trade) could choose the time when the payment for the service would be made. It could be either in a commission per day basis, wherein the owner would receive the commission everyday at 23:30 (GMT +3), or until such time that the Follower unsubscribes from the service. The commission of the trader depends on how well his/her formula performed during the followers trade.

Unfortunately this system is not allowed to collaborate with the PAMM system at the moment. There are also certain restriction when using this system. You could only close a copied trade but you cannot cancel it.

If ever you feel that you are already capable in handling yourself on your own, you could unsubscribe anytime. The good thing is, once you had established yourself as a successful trader, you could make a profit out of people's subscription to your trades. It's your chance to share your knowledge to the world and those that had just made Forex as one of their endeavors.

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