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Up to date: Jun 03, 2021 13:24 IST

New Delhi [India], June 3 (ANI/NewsVoir): OctaFX Copytrading is a well-liked service that enables shoppers to revenue by copying trades from skilled merchants, often known as Grasp Merchants.
The corporate lately launched Danger Rating – a game-changing function that permits copiers to decide on Grasp Merchants based mostly on the danger of their buying and selling technique.
OctaFX Copytrading is a top-rated service among the many firm’s shoppers. There are two nice causes for its reputation. First, you possibly can entry the service with only one faucet by means of the OctaFX Copytrading app or the desktop model. Second, you want zero Foreign exchange experience to start out making a revenue.
Questioning the way it works? The shoppers, referred to as copiers, select skilled merchants, referred to as Grasp Merchants, to repeat their trades. Every time a Grasp Dealer opens an order, the identical order opens in a copier’s account routinely. That means, a copier can merely belief a Grasp Dealer’s experience and revenue with minimal effort.

Nonetheless, it is very important select a Grasp Dealer correctly and make investments your funds securely. Because of this, OctaFX gives a Grasp Score, the place one of the best merchants are positioned on the high. Beforehand, they had been evaluated solely by their profitability and recognition. Now OctaFX took it to the following degree.
OctaFX Copytrading launched Danger Rating – a brand new function that reveals how dangerous every Grasp Dealer’s technique is. The rating is calculated by a particular algorithm and relies on a Grasp Dealer’s common revenue, variety of orders, and the way steady their technique is. The introduction of Danger Rating is key as a result of copiers can now select a Grasp Dealer based mostly not solely on their revenue but additionally on their technique. Grasp Merchants who rating 1 or 2 on a 6-point scale apply extra steady, long-term oriented, and fewer dangerous methods.
OctaFX hopes that with this new function, their copy buying and selling shoppers will be capable of select Grasp Merchants who greatest go well with their preferences.
OctaFX is a worldwide dealer that gives on-line buying and selling providers worldwide since 2011. It gives a state-of-the-art buying and selling expertise to over 7 million buying and selling accounts globally. OctaFX has received greater than 40 awards since its basis, together with the ‘Finest ECN Dealer 2020’ award from World Finance and extra lately the 2021 ‘Finest Foreign exchange Dealer Asia’ award and the 2020 ‘Most Clear Dealer’ award from World Banking & Finance Overview and Foreign exchange Awards, respectively. The corporate is well-known for its social and charity actions.
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