FXTM Initiates Streamlined Copy Trading Program for Users

FXTM's new program involves a more streamlined social-trading approach, which allows for automated copying of investing strategies.

FXTM has unveiled the launch of its proprietary online Investment Program, which aggregates a variety of copy and social trading solutions into one cohesive interface, according to an FXTM statement.

FXTM’s new Investment Program is the foreign exchange (FX) broker’s newest attempt to foster an added measure of improvement across its copy and social trading capabilities – the new utility represents a multilateral solution that caters to both Investors and Managers.

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More specifically, the Investment Program is targeting investors and market participants of all skill levels and expertise. The result is a symbiotic relationship culminating in a pre-agreed percentage that investors pay to a respective manager if profits are earned via copy trading.

Having listened to the feedback from our clients, we have worked hard to bring something innovative and new to the market

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FXTM has derived the new system to allow for a more streamlined social-trading approach, which allows for automated copying of a strategy on an investor’s account. Users of the program will also be granted full control over their accounts, which includes such functions as the selection and deselection of managers and investment denominations.

According to Jameel Ahmad, Vice President of Corporate Development at FXTM, in a recent statement on the program launch, “Having listened to the feedback from our clients, we have worked hard to bring something innovative and new to the market. Beta testing of the Program which took place from May until September 2015 received extremely positive feedback from investors and we are delighted to finally announce the launch of our Investment Program.”

Moreover, “Transparency is key to the program and we have ensured that managers are highly-motivated to optimise their performance and to secure a place at the top of the real-time rankings. Investors can easily assess which manager best fits their risk appetite and trading needs by reviewing detailed performance statistics,” he added.

Earlier this year, Finance Magnates interviewed Mr. Ahmad about several developments in the pipeline and the firm’s H2 strategy, with an emphasis on the broker’s Chinese growth ambitions and trader education. The latest launch of its investor program is an embodiment of the overall strategy by FXTM to engender a more streamlined trading approach for its users, namely copy traders.

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