It can be said that Copy Trade Exness is an application that acts as a powerful arm of investors. With many useful features to help traders’ investment and profitability become easier and more convenient. So quickly join EX Trading to learn how to Exness copy trading super quickly in the article below.
Main Content
ToggleWhat is Exness copy trading?
Before downloading Copy Trade Exness. Let’s learn to know more about this versatile application. Copy Trade Exness is a tool provided by Exness. The main feature is support for copying transactions. That means, here you can copy orders from talented traders. Without having to spend too much effort analyzing or researching transactions.
That means, if they earn a profit, you will also earn an equivalent amount of money and vice versa. However, Copy Trade Exness allows you to freely cut losses or shorten trades at any time. That helps users limit serious losses and makes it easier to manage capital. In addition, Exness also launched a separate Exness Social. A social network that helps traders communicate with each other. You can copy the top successful trades of experts for research. Or you can become a leader to earn more income.
Exness copy trading account types
To be able to create a Copy Trade Exness account that suits your needs. Then you need to clearly understand Copy Trade account types and their features. Currently, the application is providing traders with 2 types of Copy Trade accounts, specifically:
1. Invest account
When you register to open an Invest account, you can make your transactions. Without being stereotyped by trading orders from others. If you are a person with a lot of experience in the foreign exchange market. Indeed, the Invest account is an extremely suitable choice for you.
2. Copy Trade Account
Contrast with the Invest account. Copy Trade accounts are often chosen by new investors with little experience. When using this type of account, you will be free to choose sample investors. Then copy trades automatically.
Transactions will be copied quickly, with just a few simple steps. Now what you need to do right now is to sit and wait and receive interest from them.
In general, each type of account gives traders its advantages and disadvantages. So please choose to suit your own needs.
Is it safe to use Exness copy trading?
Everything in this world cannot be guaranteed to be safe. In the foreign exchange market, it is even less so. So using Copy Trade Exness in trading is just a method to make it easier for you to place orders and invest.
If you are lucky, you can choose an expert with stable performance. Then your profit will increase significantly. However, if they lose money, you will also lose an equivalent amount of money. Moreover, if you overuse Copy Trade. That makes you unable to advocate for yourself when necessary. So you need to be selective, learn, and accumulate from sample investors.
To be able to limit the risk as much as possible, EX Trading gives you the following copying tip. Choose 3-5 sample investors with the most stable performance in the Forex world. Then invest a little about 10 USD for each person, within 1-2 weeks. That is the time you need to observe closely. If anyone is in the best shape, that’s the person you should invest more in.
>>>See more: Open Exness Account: Latest guide for new traders
Create the latest Exness copy trading account
1. How to download the Exness copy trading application
Currently, Copy Trade Exness does not support users on the web platform. So before registering for a Copy Trade Exness account. You need to download the application to your mobile device. You just need to access:
- CH Play (If your device is Android) -> Search for the keyword “Exness Social Trading” -> Click “GET” to download.
- Appstore (If your device is IOS) -> Search for the keyword “Exness Social Trading” -> Click “GET” to download.
Once the Exness Social Trading download is completed. You just need to click on the application icon to start performing the next operations.
2. Create a Exness copy trading account
If you already have an Exness account, just log in with the account name and password you created earlier. If you do not own an Exness account. Then follow our 3-step instructions below to open a Copy Trade Exness account for yourself.
Step 1: Select the country
The first step is to choose the country in which you live. Continue to check the box “I declare and confirm that I am not a citizen or resident of the United States for tax purposes”. Then click “Continue” to move to step 2.
Step 2: Provide information
At this stage, you need to provide some information to Exness such as your email address, phone number, and account password. Once completed, click “Continue”.
Step 3: Enter the verification code
The system will immediately send you a 6-digit verification code via SMS or Email. After entering the code and processing it, you can use the application’s features.
Step 4: Complete the profile
However, to ensure the completeness of the account. Please take the steps to complete your profile by uploading photos of your identification documents such as CD, and ID card… You can completely rest assured that this information will be confidential by Exness.
It can be seen that the process of registering for a Copy Trade Exness account is really simple, right? So what are you waiting for? Quickly follow our instructions above. To make your investment process easier than ever.
What is the fee required to create an Exness copy trading account?
Copy Trade Exness has many outstanding features. However, to use it you need to pay a few small fees as follows:
- Transaction copying fee:
Depending on the investors you have chosen and the terms offered by Exness. The transaction copying fee will be calculated based on a fixed rate or amount in each transaction.
- Swap or Rollover Fee:
In the foreign exchange market, there is a term called Swap or Rollover. That is the overnight fee to maintain a trading position. Depending on the trading status of your currency pair, the fees will be calculated differently. It is possible that the overnight interest rate will be positive or it may be negative.
- Transaction fees and spreads:
Spread is the difference between the buying price and the selling price. When opening a trade, you are required to pay a certain trading fee. So please refer to Exness’s Spread terms and trading fees carefully.
- Withdrawal fee:
Withdrawal fees will be charged if you need to withdraw funds from Exness to your account. To know more about this fee, please refer to Exness’s terms on the main homepage.
Conclude
Overall, we can see that Copy Trade Exness is an extremely useful application for traders. However, you need to know how to select, invest and accumulate knowledge. If you are a new trader without much trading experience, create Exness copy trading to enjoy the outstanding features of the application. If EX Trading‘s article gives you useful information, please give us a 5-star rating.
>>>See more: Exness Copy Trade: An opportunity for a successful trading strategy