Go to OctaFX. OctaFX is a forex, CFD and copy trading broker offering the MT4 and MT5 platforms. In this 2023 broker review, our experts log in to the personal area and uncover the key features, including leverage, demo accounts, regulation and more. Read on to find out whether OctaFX is a good forex broker.
The OctaFX Copytrading app is a great solution for those who do not want to invest with a bank: you can invest any amount without lower or higher limits. you stay in control of your money and can withdraw it at any time. your profit is higher and you receive it quicker than from any savings account.
July 20, 2023 by Myforex Global OctaFX Copy Trading Introduction How OctaFX Copy Trading Works Selecting the Right Traders to Copy Setting Up a Copy Trading Account with OctaFX Managing Risks in Copy Trading Maximizing Profits and Minimizing Losses Tips for Successful OctaFX Copy Trading Advantages and Limitations of OctaFX Copy Trading Conclusion
Volume (Copied Trade) = Equity (Copier)/Equity (Master) ร Leverage (Copier)/Leverage (Master) ร Volume (Master). Example : The Master Trader's account equity is 500 USD, and leverage is 1:200; Copier account equity is 200 USD and leverage is 1:100. 1 lot trade is opened on the Master account.
OctaFX Copytrading allows you to go through the list of Master Traders to compare their gain, number of followers, and commission amount. Tap on a Master Trader to view his or her detailed performance stats and trading strategy.
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