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FXCM Launches Social and Copy Trading via ZuluTrade Platform

2021-04-01 Brokersview


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FXCM, a leading online forex trading and CFD broker, has expanded its Forex and CFD trading offering to clients by partnering with ZuluTrade, the world's leading multi-broker, social and copy trading platform.

The launch of this social and copy trading will allow FXCM's customer to copy a high-performing Trader's signals and strategies and follow more experienced market participants.

ZuluTrade's social and copy trading platform identifies rankings of Traders' performance which makes it easy for customers to identify Traders to follow and invest with. The Traders that customers follow fully explain their strategies and answer questions from fellow investors. This is a fully integrated platform that provides Traders with an incentive to ensure their strategy performs well, with Traders only receiving a percentage of the profits generated for their investor.

Brendan Callan, CEO of FXCM, said: "When beginning a trading career, it can often seem overwhelming to create an initial strategy. Market volatility, trading products and risk appetite are all new elements for customers to consider when exploring profit-making strategies."

"Social trading gives customers a great choice, especially when beginning to trade. By following an independent Trader, customers can view the Trader's performance over a period of time and make an informed decision before parting with their money. We've made it easier than ever for customers to have confidence in their chosen strategy."

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