Social Trading Platform Opens the Door to a New World of More Informed Forex Traders

Social Trading Platform Opens the Door to a New World of More Informed Forex Traders PR Newswire SYDNEY, Sept. 19, 2012 SYDNEY, Sept. 19, 2012 /PRNewswire/ -- Forex trading - like any form of online derivatives trading - carries inherent risks. Many traders benefit from the high volatility which is characteristic of the market, but as with any financial instrument involving the potential for considerable profits in a short space of time, there are traders who have had negative experiences. FX Copy, a new Forex social trading network released by award-winning Australian financial institution Enfinium, in conjunction with Vantage FX, is changing all of that. Connecting directly to world-class MetaTrader 4 via a real-time two way connection, FX Copy publishes trading account activity in real-time for traders to see, copy or comment on. The inbuilt copying function also allows the copy trader client to adjust the risk parameters of each trade, therefore replicating Forex trades based on your own risk profile. Traders world-wide have started using the platform as a tool to to diversify and minimise some of the risks of trading Forex. This can be done by creating your own diversified portfolio by grouping several traders with different strategies, or by closely monitoring professional traders' activity and learning from their behaviour.