What is Exness Copy Trade? Should I invest?

Exness Copy Trade is a Forex trading platform favored by domestic and foreign traders. Currently, when you download the application and type the name Exness Social Trading, it will bring up software for copy trading. So what is Exness Copy Trade? What advantages does this application have that so many people use it? Let’s Learn Forex Trading and discuss this topic in the article below.

Do you know anything about Exness?

Before learning about Exness Copy Trade, you need to clearly understand what Exness is. For investors interested in Forex trading, the name Exness is not unfamiliar. Exness is a reputable exchange globally. It has been in operation for 15 years and is considered by experts to be a quality Forex exchange. Exness has outstanding features to support traders such as:

• Exness spreads are low (Pro account)
• Extremely fast deposit/withdrawal speed
• The consulting exchange staff is enthusiastic.
• Good liquidity.
• The friendly interface helps users easily grasp how to use Exness the first time they experience it.

See more: Instructions for registering an Exness account

Reasons you should download the app Exness Copy Trade today

With the advantages of Exness that we mentioned above, you are surely interested in this field. However, we will introduce more detailed content for you to decide whether to download Exness Copy Trade now or in the next 5 minutes.

Exness Copy Trade is an effective trading application

The application provides you with hundreds of opportunities to copy orders and match orders accurately. You will be surprised with the fast deposit and withdrawal speed and the easy-to-use account management interface. Currently, Exness Copy Trade has attracted millions of downloads every month, this number proves the hotness of the application.

Complete trading features

You can easily execute buy and sell orders on Exness Copy Trade with just one click. Stop loss and take profit operations are performed on a single screen. Thanks to that, traders save a lot of time and manage their accounts more closely.

Diverse toolbar

Exness Copy Trade has over 200 tools for you to access every day. Some of the most popular instruments are currencies, cryptocurrencies, indices, stocks, and energies. Depending on your investment strategy, you choose the optimal tool.

Analytical charts and indicators are easily accessible

Analytical skills are important things you need when joining Exness. As for the application Exness Copy Trade, new traders can access it thanks to trading charts and smart indicators. Users easily use them to predict market trends and provide detailed price statistics.

Update Forex market information quickly

Exness Copy Trade always updates the latest market news, economic events, and trading signals. This helps traders grasp the right time to buy/sell orders.

Why should you Copy Trade at Exness?

This is a common question of many young traders: why do I have to copy trade on Exness and not another exchange? As we just stated above, Exness is a reputable trading platform recognized by major financial agencies around the world. This application opens up opportunities to earn additional income for many investors globally. The Exness trading community has spread the word about the advantages of the exchange in copy trading activities as follows:

• Accurate, complete, transparent statistics: Exness provides detailed statistics on all your trading activities on the application. Besides, Exness provides exact numbers about expert strategies for you to refer to and copy.
• Friendly interface: because copy trade is specialized for new investors, the complex interface will make users encounter many difficulties and become easily discouraged. For example, you will say “wow” when the interface is easy to use but still very modern and beautiful.
• Large copy trader community: because it is a quality application, it attracts many potential young investors to participate. Therefore, when using it, you will have the opportunity to connect with people who have the same passion and orientation to learn from experience.

How to copy on Exness Copy Trade

To copy trades, you need to ensure some conditions:

• Have a personal trading account on Exness. If you don’t have an account yet, sign up Exness now.

  

• Download the Exness Social Trading application to your device.

Step 1: Log in to the application

Here, you choose your country and log in to the application in two ways:

• Sign in with an Exness account: log in to your registered Exness account.
• Continue: is to create a new Exness account. Before that, you need to open an account and verify your identity to continue using.

  

Step 2: Create a security code

Please create 4-digit security. You should set up a code that only you know and is easy to remember so as not to waste too much time and increase the security of your account information. If you use an iPhone, you can set up security using a face ID to recognize your face without having to type a password.

Step 3: Choose a suitable trading strategy

After setting the criteria, you access the app to view information about experts. From there, you choose a trusted person to copy the order. In the personal page section, you can view activity history and profit and loss forecasts.

 

Whether you like it or not, you should register for an Exness account before downloading the application Exness Copy Trade. When choosing an expert to copy an order, you consider a risk level below 5, and level 1 or 2 is perfect. The fee rate you should set is 5% to 10%. A professional profit margin of over 100% with a term of 3 months would be a safe bet.

In addition, you should prioritize looking at the profiles of experts with an operating history of 3 months or more. To ensure your copy commands are effective. Another feature you need to know is that the profits you make will be less than the money of the experts.

See more: Instructions for registering an Exness account on your phone

Frequently asked questions about Exness Copy Trade

We’re sure you’re still a little apprehensive about Exness Copy Trade, right? This mentality is normal because when we do not understand a certain field clearly, we will automatically turn to defense mode. No problem, we’ll help you solve your worries with the most frequently asked questions about the app:

Who should copy trade?

According to actual statistics, the number of new traders accessing this platform is more than professional traders. If you are a new investor, have never been in contact with a financial exchange, or want to invest but do not have time, you can copy trade.

The nature of copy trade is to copy transactions according to the actions of experts. Therefore, those who want to earn more passive money can also refer to Exness Copy Trade as an attractive investment option.

Some experienced traders also use copy trading as a form of strategic reference. From there, they plan their investment plans.

Benefits when using Exness Copy Trade

• No need to research the market, no need to place orders.
• Have a lot of free time to monitor market fluctuations.
• It is possible to withdraw an order and end the transaction early if it is predicted that the expert may make a mistake.

Limitations of copy trade

• Risk of losing money or even burning your account due to the supplier’s failed transaction.
• Not suitable for people who do not know how to allocate capital.

Epilogue

Above is the information Learn Forex Trading provides to help you better understand the platform Exness Copy Trade. We hope you will take the time to learn about Exness Copy Trade as soon as possible to profit from this potential application.