Forex is the largest, most liquid, and volatile market in the world. It fluctuates based on a zillion different variables that range from macro-economic to socio-political including everything in-between. In other words, to succeed in this market, there is a lot you need to know about.
What if the software could work as a shortcut and you didn’t need to analyze a ton of info to make good investment decisions? That is right; a good Forex trade copier is the perfect way to make your first moves in this business.
We will go deep into what they are, why you need one, and review the best in the market today.
Ready or not, here we go!
What is trade copying software?
Let’s begin our Forex trade copier reviews by stating what they are first. Trade copying software takes the information from a master MT4 account and copies the moves to another account linked to it.
For example, if you are using trade copying software on your MT4 account and it´s linked to mine (lucky you), you´ll make the same moves as I make. If I make a profit, we both benefit from it. Also, if you have several accounts linked to your master account, you can copy your moves across all platforms.
Why do you need it?
Let´s go through some case scenarios in which a trade copier is an imperious need:
- Getting started – If you are new in the business and don’t know what all the bells and whistles around you do, the best way to get going is by copying a pro. In this regard, a trade copier from a trustable company will get you going while you learn
- Save time – What trade investors do most of their time is watching trends, news, and colleagues. Information is trading´s biggest asset. When you copy trade from an accountable, reputable firm, you’ll be saving that time.
- Reverse engineering – For those interested in understanding the Forex trading world, it is a great exercise to reverse engineer the software copied to understand why.
This list could extend indefinitely, but I guess you got the point by now.
Trade copying in Forex vs trading signal service in Forex
This is a very important difference I think we need to address. There are plenty of local trade copier reviews in which these concepts are used as synonyms, but they aren’t.
Trade copying software only copies and delivers the trading moves. This means that it is a slave account to a master account, usually (and hopefully) managed by an expert. In other words, it is the simplest action, just copying the moves another account is doing. A trade copier will never make you win money on its own; it will do exactly what the master account does.
On the other hand, a trading signal service will alert you on the possible moves and let you decide whether to make the move or not. In other words, trading will not happen automatically, it is you, as a user, who has to press the buttons and make the trades.
Why IX social is your best option in 2021?
Most Forex trade copier reviews you´ll come across will narrow their search to the top five or top three and let you do the hard work. We went the extra mile here and tested them all to reach a verdict and bring you the best trade copier in the market today.
Let me explain to you exactly why the IX Social is your best option.
The Auto Copy Trading system
To begin with, you´ll get 20 years of leverage backing up every move. This means that the trading professional working for IX Social will copy his trades into your account so you can have the same success as he is having.
Furthermore, this is at no extra cost when acquiring the Gold Plan. Most platforms will make you pay a commission per profit to the manager of the master account. With the All markets tool, you only pay for the plan and everything is included.
The Telegram alerts
We can make an analogy between trading a riding a bike. Differences aside, usually, our first encounter with bike riding is being carried as a passenger on it while someone else is doing the rest. Well, in a sense, trade copying is very close to that. The software copies the moves and you can look at the landscape and have fun.
Once you´ve been carried around in a bike enough, you start trying to do it yourself. The independence, the freedom, the speed; they are appealing. We can say that trading based on the Telegram alerts program by All markets Trading System is your next step. Moreover, consider it as the training wheels on both sides of your bicycle.
You get to the next point: making decisions upon the alerts based on hard-researched data the experts will send you on Telegram. It is no longer the software delivering the trades; you have to push the buttons. Which is still a lot easier than researching from scratch, but not automatic anymore.
When looking for Forex trade copier reviews, it is important to bear in mind your growth. Thus, the All markets platform offering you your next step as a trader at no extra cost is a game-changer in my book.
IX Social Copy trading app
The best companion for the Telegram Signals is the IX Social copy trading app. This tool simplifies the use of the software to a point anyone can understand and use it. In other words, you can simply activate a follow button that will allow you to do exactly that with the mere touch of a button.
No knowledge or significant time investment needed
The path proposed by the All markets Trading System membership offers enough knowledge and support at hand so you don´t need any significant time investment or previous knowledge to start trading. Furthermore, with the Trader Copying and the Telegram Signals + Fast Trading Tool, you can simply cover several accounts at once.
In other words, the first place in the rundown for the best trade copier in the market goes for All markets Trading Software because it is your one-stop solution from day zero to being a seasoned, experienced trader. Getting their golden membership is the best possible first step towards a bright trading future.
You´ll read many Forex trade copier reviews over the internet, but very few will tell you that you need software that will allow you to grow. Moreover, few will tell you the truth; trading is risky and doesn´t quite qualify as a passive side income.
With the All markets platform, you are allowed to grow as a trader step by step and make money along the way. It´s like getting a scholarship to be a better trader! Because of this and all of the above, we say that it is the best trade copier in the market today.
Invest your time, money, and energy in the best trade copier in the market and give yourself the chance to grow and make some serious money trading. After all, you know where you start from, but the sky is your only limit.