With the trading world continuously expanding its proficiency and functions, traders can expect more advanced tools for their investment activities. And currently, a transaction copying service has been highlighted due to its convenient help in the trading world. Among long of apps, the FBS copy trade came out with a huge bang and offers. It even takes a great mention for newcomers.
What Is It About
For newcomers, the name of FBS and the words Copy trade is something foreign. At some point, it is known as a new or innovative project. For your information, FBS is a new Copy Trading program under CySEC and IFSC regulator. It uses an MT5 terminal with a commission maxed at 5%. It has around 600 strategy providers with 100+ tools and markets to copy.
The program itself is considered young since it only hit the market in 2018. It does have a lower audience and users, but it provides a nice program and tool to support newcomers in the trading world. It provides low spreads of trading accounts and managers’ commissions. Generally, it focuses on user-friendly apps, which unfortunately it also has some lack in options.
What Is Copy Trading
How about copy trading? FBS copy trade is an application that follow the trend of copying transactions since 2010. The popular functions have been gaining more attention and popularity by traders. Globally, it is a learning tool that supports independent trading with fewer skills or in need of studying from experienced managers.
Generally, copy trading works by offering trading managers or signal providers to copy. Most of the time, the users or traders need to subscribe to the manager pages and set parameters. After that, the application will learn and copy all trades opened by the provider. But the copy only happens when the transaction meets the specified parameters.
A Good Review for a Less Risky Investment
Goes back to the FBS app. How good it is and do you need an FBS copy trade? If you are a newcomer in trading, considering the app should be a nice thing to do. The app is available for mobile users and has a very simple user interface to use. Once you download, it comes with some special offer that includes free registration, passes verification, and top-up.
The transaction and bonus include a stop loss of 10%. It means that clients or users will compensate for the loss when it reaches 10%. While it was only available for three traders, it is a good catch for a newbie. Some options are basic, including the traders and services. In general, it does good for newcomers, especially with quick find, favorite, and subscription options to copy traders in the fbs copy trade.
The FBS copy trading services are probably a young program to use. It was launched in 2018, but it does have a high rate of success in the procedure and function. Unfortunately, the transaction is only on a mobile device. Hence its small audience, provider, and traders. But again, it covers simple to use and options that likely work for newcomers in the trading world.