Naturally, there are profits and losses in every business, and certainly robots and copy trades are no exception to this rule, and there is no robot with a copy trader that does not include losses, but we can determine our own risk margin in the initial settings. This means, how many percent of our capital should include risk or loss, and if that amount is lost, the trading account will be closed.
In the robot system, we install a software program, the robot, on our trading account, and the robot can only trade in our account and cannot do anything else. The copy trade system is also completely different, it means that there is a trader or trading team and we connect our account to them by paying the subscription fee, and they do not have access to our account, which means that every transaction they make in their own trading account They do it according to our capital, it is exactly copied in our account and they do not have any access to our account.
If we work with a reliable and standard broker, this probability is close to zero, like banks
The WikiFX website is a reference for checking the credit of brokers, and the credit and specifications of brokers can be checked from this site. Things like: work experience, having regulations, having warnings or complaints, honors, address of the head office and branches
During the installation of both the robot and the copy trade, it is possible to adjust the risk, which our experts will guide you when connecting.
The amount of capital connection in copy trades depends on the trader or trading team, each of which is different, and when buying a subscription, we can see all their specifications, including the minimum capital, and the trading robots also announce all their specifications. The minimum amount of capital connection is different in each.
You should keep in mind that you have entered a market that fluctuates and risks like all other markets and depends on the robot or copy trade that you work with, and naturally, the lower the risk, the lower and more permanent the profit. It is also possible that the robot or copy trade is profitable every month, in such a case, you can withdraw the profit every month, in other words, you can withdraw it whenever the profit comes on the capital. It is possible to be without profit or even loss for one or more months.
But you should note that the development teams of robots and copy trades always provide their best performance to keep their customers satisfied.
When buying a robot or buying copy trades, you can see their performance and buy or not according to this performance.
With the arrival of cryptocurrencies, working in the forex space has become very easy and you can enter or withdraw your money with Tether (USDT-trc20).
To obtain Tether, you must obtain it from exchanges or banks according to the laws of your country.
The minimum withdrawal amount depends on your broker, which varies from 10 to 50 dollars.
In robots, the method of capital increase is the same as the initial investment, only after the increase, the robot settings must be re-configured, the same is true for capital reduction.
In the case of copy trade, there is no limit to the settings, and whenever you want, you can have an increase in capital like the initial investment or withdraw from the original capital. We just have to pay attention to the copy trade settings, and if it is in auto scale mode, readjust the settings. gave
Regarding the robots, according to their myfxbook link, where each robot provides its own link, we refer to this site and we can check their history and performance.
In the case of copy trading, you can refer to the myfxbook trader link and check its performance.
Usually, the teams do not provide an explanation in this case, and in fact there is no need, what matters is their history and performance. And also because we don’t pay them and our money is in our own trading account. That’s why it is important for us to see their performance and history so that we can see it and then choose the robot with the copy we want.
Yes, it is possible, only the settings in the copy trade must be done correctly and the trader has not set any restrictions on choosing the broker.
BlonFx site is only a service provider site in the forex market and does not have any crowdfunding activities.
Robots and copy trade traders each have their own strategies and we do not see these strategies and we can only see the performance results and trading charts of robots or copy trades.
Yes, in case of introducing and selling the robot or copy trades of our collection to new people and customers, special points and discount codes will be assigned to the seller.
The portal for buying robots or copy trades is designed based on Tether (usdt-trc20) and buyers can make their purchase easily and quickly by depositing Tether and receive their service.
Yes, we can use it on any device that can install mt4 or mt5. Of course, if it is a robot, it should be installed on a personal computer or laptop first by VPS, and then view the performance in Metatrader with a mobile phone.
Yes, it is possible to renew the existing robot or copy trade or buy a new robot or copy trade.
There are various companies and sites to provide VPS that you can refer to and get the VPS you want.
The copy trade system does not need a VPS, but a VPS must be used to use trading robots because the robot must be connected to the market continuously and permanently at high speed. Therefore, you should use computers whose electricity is never interrupted and have high speed.
Copyright © 2024 Blonfx | All Rights Reserved.
