FP Markets Social Trading is a unique service that allows users to copy the strategies of established investors. With competitive market conditions and a mobile-friendly interface, it’s an excellent way for experienced investors to earn additional revenue while educating beginners. Learn more about this new service today.
FP Markets Social Trading
The broker’s new tool is an interactive marketplace for copy trading, available on Android and iOS devices. FP Markets ranks all Providers based on their profitability, making it easy for users to view performance history before choosing who to follow. The system also matches traders with Providers that align with their risk appetite and trading style.
Users can copy trade on more than 50 leading stocks, including Google and Amazon, over 60 forex pairs, precious metals, major indices, and even cryptocurrencies like Bitcoin. With the support and track record of established investors, FP Markets Social Trading app is an excellent way to explore new markets.
Copy Trading Explained
Social trading offers several features and benefits, including:
- Fully automated copy trading, reducing time spent making decisions
- Mirroring successful investors with a demonstrable trading history
- Engaging with an active community of online retail traders
- Diversifying portfolios by copying multiple strategies
- Tracking performance in real-time
- Learning from the best
The broker’s Head of Europe, Middle-East, and Africa, Craig Allison, notes that “FP Markets Social Trading allows traders to find, follow and copy successful traders automatically. Since its beta launch at the beginning of March, we have experienced huge demand for FP Markets Social Trading with a huge uptake in registrations and increased activity and engagement ratios, especially on social media. We are excited about the emergence of a new class of traders, and their growing interest in Forex Trading and Contracts For Difference (CFDs), who prefer to analyze the performance of experienced traders and replicate their trading behavior. Adding this functionality to our market-leading pricing and trading conditions makes FP Markets the go-to broker for both professionals and those who are at the start of their trading journey.”
About FP Markets
FP Markets is an award-winning brokerage regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).