Investor suggestion: Select correct Master Trader for investment ( Forex Copy trading/Social trading)
The factor needs to check before investing Forex copy trading:
Risk level: Every Forex broker shows Master trader Risk level. Mainly shows 3 risk level(High, Medium and low). Always select a low-risk level trader. Remember, If your trader survives, he will get profit and you also.
Money Management: You can check the Master Trader money management system. If he follows money management, you can follow him.
Commission: Try to select a low commission-based Master trader. But remind, the commission is not a factor because if you follow a good trader, you will gain more.
Duration of copy Trading: This is a very important factor. Always allow the trader who is experience and long time survive his account with profit.
Master Trader Fund: It also a factor because large Trader fund increases his liability. Meanwhile, small trader fund decrease liability.
Trader Strategy: Trader strategy reflect his technical knowledge.
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