MultiBank Fx Copy Trading – How to Make Money From Copying Trades on This Platform
Copy trading is beneficial to both experienced and beginner traders. The former can earn extra income from charging a commission on traders who follow their trades, while the latter profits from the trading experience of the former.
There are multiple brokers in the market that support copy trading. However, not all offer excellent user experience. One of the few platforms you can count on to provide you with a good copy trading environment is MultiBank Fx.
Here is how you can get started with the broker:
Step 1: Visit multibankfx.com/social-trading, then click the “Login” button.
Step 2: On the page that opens next, press “Register One Now.”
Step 3: Provide the required information to set up a Multibank Fx account.
Step 4: Use your debit card to fund your trading account. You can also make a cryptocurrency transfer.
Step 5: The MultiBank Fx will display a wide pool of successful traders to choose from. To narrow down the search, click “Top Traders.” The functionality will give you access to traders that have recorded the most gains over the past 30 days.
Step 6: Select your ideal trader. You need to consider your financial objectives to identify the right trader. Find one who uses a trading strategy that can help you achieve them. Evaluate elements like the adopted risk management measures, win rate, and the number of users following the trader’s trades.
Step 7: Click “Subscribe” on the selected trader’s profile to start copying their trades.
Access to Financial Markets
So, which financial markets can you access through MultiBank Fx? The broker lets you copy trades in various markets, including forex, stocks, metals, commodities, cryptocurrencies, and indices.
Benefits of Copy Trading With MultiBank Fx
Learn while earning – MultiBank Fx copy trading feature lets newbies earn as they learn how to trade.
Saves time – This broker automates copy trading, so users do not have to spend much of their time monitoring their trading accounts.
Diversification – With MultiBank Fx, you can diversify your investment portfolio by copying trades in different financial markets.
Interacting with other traders – You can join the broker’s chatroom to interact with other traders and share ideas related to trading.