Admiral Markets Launches New Copy Trading Service
The award-winning FX and CFD broker has introduced a new copy trading service for clients amid rising demand for social investing tools. The latest trading solution is available to all clients with a Trade.MT4 account and offers fresh opportunities to generate returns from the financial markets. Get the latest details.
How It Works
The basic premise is that users can take advantage of the expertise of others. Clients can browse the broker’s leaderboard to find a provider and strategy that suits their requirements. Traders can also set their stop loss and take profit limits to keep a handle on risk exposure.
For already established investors, Admiral Markets new copy trading service offers a means to generate a second income. For each investor that signs up to follow your positions, you’ll earn subscription fees. Make it towards the top of the leaderboard and this could lead to a significant revenue stream.
Users can view and manage their subscription activity through an intuitive dashboard. Head to the broker’s website and follow the instructions to get started.
“Copy Trading is a service where both new and experienced traders benefit. If your Trade.MT4 account was opened in Admirals Cyprus Ltd after 9.01.2021, the service is available for you now. This can enable you to sit back and let the experts do the hard work for you. You can set your own Stop Loss and Take Profit according to your risk appetite. It’s all up to you.” Admiral Markets noted in its official announcement.
The latest trading tool comes as the broker announced the appointment of Victor Gherbovet as its Co-Chief Executive Officer. Gherbovet spent more than 13 years in different positions across the multi-asset brokerage before his latest appointment.
As well as management changes, the company has also been upgrading its range of products, introducing Japanese stocks to its MT5 trading platform.
About Admiral Markets
Admiral Markets is licensed by the ASIC and FCA with hundreds of thousands of active clients worldwide. Founded in 2001, the broker offers over 3,000 assets, including 50+ forex pairs, thousands of equities, dozens of cryptos and commodities, plus 40+ indices.
Traders can speculate on the markets using MT4 and MT5, plus an advanced MetaTrader Supreme edition that offers award-winning pattern recognition technology. Spreads and fees rival some of the leading low-cost providers on the market and the $100 minimum deposit makes the broker a suitable option for beginners.
Admiral Markets has a large client base that will respond well to the introduction of the new copy trading solution. For newcomers and those with limited time, the opportunity to copy the strategies of successful investors is appealing. For already proven traders, the ability to generate a second revenue stream is a serious bonus.