#forex #fbsreview #CopyTrading
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Video key moments
00:00 - Start
00:15 - What is copy trading?
01:03 - Copy trading on FBS
01:52 - How to find the right trader to copy
02:28 - Tips for using FSB Copy Trading App
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ABOUT THIS VIDEO:
🔎 Today, we’d like to discuss the FBS Copy Trading System Review for 2022
❓ But first let’s find out What is copy trading?
✔ Copy trading means that you can copy the positions taken by another trader. Copy trading is considered an effective learning tool. If a user does not have sufficient skills for independent trading, they can learn how to trade by studying the work of more experienced trading managers.
It is important to know that trading with the help of copy traders is not a guaranteed tool for making a profit or avoiding losses. The risks of losing money still remain. Therefore, you need to choose the manager wisely.
‼ Copy trading on FBS
✔ The copy trading service from FBS is relatively young; it was launched only in 2018. Therefore, the audience is small, with only 600 strategy providers, with only 39 traders that have more than 100 subscribers and only two managers with more than 1,000 subscribers.
✔ The FBS developed an application titled FBS CopyTrade designed specifically for copying trades; therefore copy trading with the broker is available only on mobile devices. The application is quite simple to use, but some options are still missing. For example, the statistics on strategy providers are not very well developed yet. Among the advantages, we can note that the platform is regulated by the CySEC regulator and there are fairly favorable conditions for copying.
❓ How to find the right trader to copy
✔ Before you start copying traders on FBS, you first need to select the appropriate strategy providers. FSB provides many details to enable you to choose the trader you’d like to copy, including the list, statistics, sorting and filtering by main criteria. There is a Favorites function, where you can add traders for further comparison. You can use the search option to find and select a manager. You need to specify the manager’s nickname, and the system will find it according to your request.
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