FXTM has launched a new program for European and global traders, called FXTM Invest, which serves as the latest iteration of its social and copy trading module, according to an FXTM statement.
FXTM Invest was designed to help streamline a number of different functions for experienced traders, culminating in the offering of new strategy managers and an updated interface. The initiative caters to market participants, regardless of trade size, who can recoup high percentages of fees on their respective trades.
In particular, under the new FXTM Invest platform, users can invest as little as $100, €100, or £100, while earning up to 50% on successful trades. Moreover, the trades are all categorized and ranked in real-time using a number of barometers, including gains, risk level, and popularity, which helps make the performance transparent to their respective followers.
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Individuals who manage to display the most successful trading strategies will also be able to ascend to the top of the FXTM Invest Rankings, whereby receiving additional exposure in the form of personal profile pages on FXTM’s website and social media networks. FXTM Invest does require a relatively low minimum initial deposit of $200, €200, or £200.
According to Jameel Ahmad, Vice President of Corporate Development and Chief Market Analyst at FXTM, in a recent statement on the launch: “Having listened to the feedback from our clients, FXTM’s highly skilled R&D team has developed FXTM Invest, a cutting-edge investment solution for both traders and investors.”
“This new program meets a two-fold need by matching experienced traders looking to take their careers to the next level, with investors who want to copy the success of experienced traders. With transparency at its core, a simple pre-agreed percentage is paid by the investor to the strategy manager if and when a profit is made,” he added.