FP Markets Unveils New Social Trading Service

ASIC-regulated forex and CFD broker FP Markets has announced the launch of its social trading service, enabling traders to find, follow and copy successful traders automatically.

FP Markets offers over 60 currency pairs, over 50 of the world’s biggest Stocks including Facebook, Google, Apple, and Amazon, as well as commodities, indices, and cryptocurrencies.

According to the company, the new service is expected to allow copy trading while staying in control.

The benefits of social trading are as follows:

No need to develop your own trading plan;

Follow performance of successful traders in real-time;

Mirror trading behaviour of professional traders with a proven track record;

No need to make any trading decisions;

Maintain control: Functionality allows multiple copy trading options and risk management strategies;

Completely automated trading;

Become part of a community that includes traders of all skill levels and choose who you want to copy.

Craig Allison, Head of Europe, Middle-East and Africa, commented, “FP Markets Social Trading allows traders to find, follow and copy successful traders automatically.  Since its beta launch at the beginning of March, we have experienced huge demand for FP Markets Social Trading with a huge uptake in registrations and increased activity and engagement ratios, especially on social media.  We are excited about the emergence of a new class of traders, and their growing interest in Forex Trading and Contracts For Difference (CFDs), who prefer to analyse the performance of experienced traders and replicate their trading behaviour.  Adding this functionality to our market-leading pricing and trading conditions, makes FP Markets the go-to broker for both professionals and those who are at the start of their trading journey.”