Copy Trading Service Enabled from Admirals

Copy trading service has become available at Admirals, according to an announcement posted on May 19 by the company.

With a step-by-step guide, Admirals offer to help novice traders who are unfamiliar with copy trading get started. The program is consisted of three simple steps, which are

Log in to the trader's room dashboard;

Apply for copy trading; and

start copy trading.

Of course, a few questions will be asked beforehand in order to make sure if a client is suitable for copy trading since it is not necessarily for everyone. For instance, a client who doesn't appreciate risks involved in trading, CFD trading in particular, which is highly risky, is not suitable for copy trading because even a signal trader with a proven track record does not guarantee risk-free trading.

Features of Admirals' copy trading program

Admirals ensured the process is easy to follow for copy traders, and signal traders don't have to disclose their complete method or strategy to build a follower base. Program subscribers always stay in control, and may set their risk, profit targets and close any position whenever they prefer.

Note: Admiral Markets will be rebranded to Admirals at their 20th anniversary.​