FP Markets Social Trading

November 26, 2024

Written By

ShareAmerica

FP Markets Social Trading allows traders to find, follow and copy successful traders automatically.

Whether you are looking to trade as a Copier or offering trading strategies as a Provider, FP Markets Social Trading ensures you stay in control.

Copy trading removes some of the complexities of trading Forex and CFDs and allows customers a more accessible entry point to trading the global financial markets by following successful traders, or Providers. These Providers are ranked by FP Markets based on their profitability over a given period of time and potential copiers have the ability to view their full trading history and past performance.

Not only can traders access 60+ Currency Pairs, they can also trade in more than 50 of the world’s biggest Stocks including Facebook, Google, Apple and Amazon. For investors looking for a more diverse product range, FP Markets provides top-class pricing on all the major commodities as well as the world’s most heavily traded Indices from the largest global exchanges. For clients interested in Cryptocurrencies – Bitcoin, Ethereum, Litecoin and Ripple are all available. Start trading with a live Account

Become a professional trader with

ANC Trading Community with just a Click

Chief Product Officer, Narayan Joshi, added “There is an increasing trend amongst users towards social trading platforms like this which offer social trading on Forex and CFDs and combine shares, indices, commodities, cryptocurrencies and community. FP Markets Social Trading delivers a high-end solution for serious traders and is also available on all Android and iOS devices for those clients who want to trade on-the-go”

How does Social Trading work?

No need to develop your own trading plan
Follow performance of successful traders in real-time
Mirror trading behaviour of professional traders with a proven track record
No need to make any trading decisions
Maintain control: Functionality allows multiple copy trading options and risk management strategies
Completely automated trading
Become part of a community that includes traders of all skill levels and choose who you want to copy

FP Markets is a growth case in a large and rapidly growing market and in the fast-paced world of online trading is an award-winning Forex and CFD broker that has consistently stayed ahead of the curve leading the way as one of Australia’s leading Fintech businesses.

Automate your Forex trading account with
Myfxbook AutoTrade

Next generation copy trading and social forex community

Through AutoTrade, our state-of-the-art mirroring service, clients of FP Markets can access the most advanced copy trading techniques in order to deliver results

AutoTrade is a trading system provided through Myfxbook.com. It provides you the opportunity to copy a wide selection of systems directly into your FP Markets MetaTrader 4 (MT4) trading account. Installation is easy, it’s as simple as connecting your live account on FP Markets trading platform to analytical tool Myfxbook and then finding the system you want to copy.

How Myfxbook Works

MYFxbook operates by automating the process of trading. Easily manage and track all of your trading systems from one location. We understand that developing many systems simultaneously might be challenging. Sustaining a following from other traders can help enhance your trading abilities.

If you’re just getting started with learning how to trade forex, begin by observing and learning from successful traders. Keep track of their public trading platforms, engage in dialogue with them, and broaden your trading expertise.

Your portfolio will include all of your trading systems (statistical analysis, number of trades and past performances) that have generated profits. Thus, allowing you to always be aware and keep control of each system. Potential customers should be informed about your system’s page.

Managing your Operating Profit Margin (OPM). In a nutshell, OPM reflects the percentage of profit a company produces from its operations before subtracting taxes and interest charges. The most effective method is to begin by displaying your audited trading performance. Even better, you won’t have to waste time crunching statistics, calculating drawdowns, or anything else since everything is automatically performed by Myfxbook.