What is TITANFX’s social copy trading? Traders can trade using a signal provider account on the app. I will explain how to trade on Social. I have also made extensive use of copy trading, so I will explain in detail what points I recommend following, so I hope you will find it useful.
What is copy trading? What is it?
What is copy trading? By following an experienced trader, you copy all trades from entry to settlement. This allows even beginners to make a profit right away. Furthermore, you can learn by watching the techniques of experienced traders, so it is highly recommended. If you are interested, give it a try. You can start by following a trader called a provider. This is possible with MT4 or MT5. Customers choose their own numbers and trade CFDs, commodities, etc.
How do I start copy trading?
How do I start copy trading? Is it okay? We will explain it as a guide. First of all, you must open an account. First, you can apply from the link below, so click and open an account. Account opening is free, so there is no risk. TITANFX does not offer account opening, deposit bonuses, campaigns, etc. All bets are made with the money you deposit. Funds can be deposited from the website. Please ask support. Demos are available at any time regardless of country or region. The service will answer any questions you may have.
Installing the app
TITANFX offers copy trading under the name SocialTrade and is set up using an application. Therefore, it cannot be done on a PC, and you cannot start unless you install the dedicated tool for the smartphone app. Download and install the app from the link below. This is a recommended service. You can easily use the target according to the specific applicable policy and purpose with EA and discretion. Please consider the terms of use and regulations before making your selection.
Login and Initial Settings
Once the app installation is complete, you will need to log in. You can log in with the ID and password you set in the client cabinet when you opened your account. On your iPhone, iPad, or Android device, open the Titan FX Social app and tap “Login.” Enter your registered email address and password, then tap “Login.”
Source : https://titanfx.com/
Link the application to your account. Enter the server, account ID, and password to complete the link.
Source : https://titanfx.com/
Copy Traders
Launch the app and select the trader you want to copy. You can check the trader’s information by tapping on it. Traders that can be copied are displayed on the home screen, but it is quite troublesome that there is no search function. Be sure to carefully choose which trader you want to copy. If you choose a bad trader, you will lose a lot. Click on the trader you want to copy to check detailed information, and then click “Copy” to complete the process.
Source : https://titanfx.com/
Set up your trade
When following a trader, you can set trade settings. Trade size can be fixed or applied to the signal provider’s size. “Fixed size” will enter a fixed lot regardless of the lot of the trader you are copying. Once registration is complete, you will receive an email notification, and the settings will be complete. You can unfollow the trader at any time from the trader’s details screen.
Source : https://titanfx.com/
Are there any precautions to take when copy trading?
Here is a summary of points to keep in mind when actually doing social trading. Here is a list of points to consider from experiences. When you start, you can use financial services and other transactions at your discretion without any restrictions. Trade using the MT platform. You can watch the trades while looking at the strategy in real life. Follow the news. It is a broker licensed by the Financial Services Agency in the Republic of Vanuatu, so you can rest assured.
Source : https://titanfx.com/
Check the trader’s performance
We recommend checking the performance of traders like those mentioned above. If you check the details of the trader, you can see their past performance. It is better to make a decision after taking into consideration past returns, drawdowns, etc. Many people have lost all their money, so it may be safer to choose a trader who avoids risk. You can also learn professional technology online to the fullest, so it is also a good study.
Avoid risk
We recommend avoiding risk. It is safer to copy traders who have less drawdown. Some traders have lost all their money, so if you only look at the short-term profit rate, you may have a significant drawdown. People who are investing all over the world are registered, so be aware of your strategy.
Choose a trader with a long history
A trader’s job is to survive. Follow those who have been trading for at least six months. If you don’t, it is quite dangerous because it is easy to end up losing all your money. You can follow partners after checking the areas of traders that they are good at, such as foreign exchange and derivatives.
Trading conditions are the same
The outline of the trading conditions is the same. Swap points are also given, and stocks, CFDs, foreign exchange, precious metals, energy, and stock price indexes are also handled. Trade while looking at financial products after understanding them. Indicators can be used in the same way. Investors also have risks, as they may lose money. Be careful when choosing a professional trader to follow individually as an expert. Trading is high-risk, so analyze the market and do your best to the extent that you can.
You can open an account for free
You can open an account for free. You can open an account for free from the link below, so feel free to do so.
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