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Copy Trading

What is copy trading?

Copy trading is a form of social trading where investors can automatically mirror the trading activities of selected traders, often referred to as “signal providers,” in their own trading accounts. This is not exclusively for new traders; anyone looking for diversification, time efficiency, or wishing to minimize manual trading can benefit. By replicating high-performing strategies in real-time, you can integrate varied tactics into your own trading portfolio.

How does copy trading work at Taurex?

To start copy trading with Taurex, all you need to do is download the Taurex Copy trading app and connect it to your MT4 account. Then, find a trader whose strategy resonates with you, decide the amount you want to invest, and start copying their trades. It’s a straightforward way to diversify your trading strategy, while also engaging with our dynamic trading community.

What are the benefits of Copy Trading? 

Copy trading with Taurex offers numerous benefits. It provides access to a range of high-performing strategies and saves you valuable time by allowing you to automatically replicate the trades of selected signal providers. This approach also offers potential for diversification across multiple strategies.

How can I download Copy trading by Taurex?

You can simply visit the App Store or Google Play, depending on your mobile device, to download and connect to your trading account.

Are there risks involved in copy trading with Taurex? 

Yes, like any trading activity, copy trading carries risks. Although copying successful traders can be beneficial, it does not guarantee profits, and losses can still occur. It’s essential to carefully review the performance and risk profiles of signal providers before copying their trades. Furthermore, it’s important to bear in mind that past performance is no guarantee of future results, as market dynamics and trading strategies can evolve over time.

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