TabTrade (tabtrade.com), a global forex and CFD broker with zero average spreads on major forex pairs, today launched copy trading, an integrated tool that copies the positions of selected traders into a client’s own account.
Copy trading lets a client follow a more experienced trader and have that trader’s positions replicated in their own account. On TabTrade, clients look through the available strategy providers and their published track records, then pick the ones that suit how they want to trade. Once a provider is chosen, the trades route into the client’s TabTrade account automatically.
The client sets the allocation and the risk limits, and can run several strategies at once. The app shows open positions alongside each provider’s past and live results. Copying can be paused or stopped whenever the client wants, and the account stays in their hands the whole time.
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The copy trading app is available through the Apple App Store, Google Play and inside the TabTrade Secure Account Portal, with a Windows version to follow. Clients open and fund a TabTrade account and complete verification, then go into the app to review providers and set their limits before copying anything.
“Plenty of people want a position in the markets without sitting on the charts all day,” said Benjamin Boulter, Founder and CEO of TabTrade. “Copy trading gives them that. The part that matters to us is that the client keeps control. You decide how much goes behind a strategy, and you can switch it off whenever you want.”
Trading CFDs and margin forex carries a high level of risk and can result in losses that exceed deposits. Copy trading does not remove that risk, and a strategy provider’s past performance is not a reliable indicator of future results.
Full details on how copy trading works are at TabTrade Social