Trading signals are recommendations from professionals of the foreign exchange market on the basis of which it is possible not only to comprehend Forex ins and out, but also to get profit on their practical application in trading. Signals prompt to the trader whether to buy or to sell the given financial instrument, or it is better to wait for another opportunity for an accomplishment of these actions. Trading signals will also help to determine an optimum time for the closing the available on the account positions. This modern method of Forex trading substantially eases trader's life and helps to receive the profit from the market movements. At the moment, trading signals are the most popular and perspective method of trading automation, which allow to get income without the direct participation of the trader or the investor in the trading process.
There are two types of trading signals: on a paying basis and free of charge. As a rule, free signals are provided in the test (introductory) mode, allowing the investor to appreciate the reliability and stability of the trading strategy of the trader. Paid trading signals are, in fact, a commercial product which is offered to the investors by the trader as a means of the guaranteed income receipt without routine and tiresome work on charts and indicators. Thanks to trading signals millions of traders and investors worldwide increase the capital, accumulate experience and become real professionals on the Forex market.
Who are the subscribers and the providers of trading signals?
The subscribers of signals can become as beginners, so the experienced participants of the Forex market. Each trader will find something useful in the service of trading signals: beginners will comprehend trading peculiarities, adopting from professionals the most efficient techniques and methods, traders who already have practical experience will be able to get acquainted with new strategies and ideas and subsequently apply them in their trading systems.
It is very easy to become the subscriber of trading signals: you just have to install the trading platform and to be registered in the CopyFX. After that, the list of all traders who provide signal for copying the deals will be available to you as on the site, so direct in your trading platform.
CopyFX traders represent the community of professional traders who gain steady income from trading and are ready to offer the services, expecting additional earnings. However, not only the professional speculator can become CopyFX trader, even beginners which shows successful trading results and have proven the profitability of their strategy in practice, has every chance to appear in this list.
Each trader-provider of signals establish the price of his service and the payment method independently proceeding from personal preferences, creating the offer. It is possible to subscribe on signals of choosing a supplier directly from the trading terminal, you just have to look through their profiles firstly and to convince in profitability of the signals offered by them.
How the process of signal copying takes place?
After subscribing to the chosen signals supplier, you will start to receive them directly into your account in the MT4 trading terminal. Thus, you can independently trade on the account, and on receipt of a signal from the supplier to decide, copy it or not. As a result, it is possible to follow your own trading strategy and to combine it with the arriving signals, periodically supplementing with them the trade. Thus, the most rational decision to test signals of the trader on whom the subscription was made before starting to trade.
CopyFX trading reduce potential risks and offers the opportunity to get the maximum profit from the system of signals copying, without worrying about the safety of the capital.