Forex trading signals are the buzzwords in the currency trading business. The big question is, what are forex trading signals? Simply put, forex trading signals are a form of automated trading signal software which enables traders to trade forex profitably on their behalf. It takes the place of a broker's expert advice. Forex signals are generated by professional forex traders using their winning trading signals.
Copy Trading is an app that offers three types of signals for a trading plan: Fundamental Analysis, Technical Analysis, and Sentiment Analysis. Fundamental analysis is where the trader makes an analysis of past market movements. Traders use fundamental analysis to forecast the future trends and accordingly trade. They compare the current price action with this data to predict the entry and exit points for future trades. If the trader finds it successful, they can double up the number of trades and make profits.
On the other hand, there is a technical analysis where traders decide based on user feedback, the trend direction, and accordingly buy and sell. Traders can easily decide on buying or selling and hence, there is no need to go through a manual procedure. However, they have to keep themselves updated with the current market conditions. As such, this kind of platform requires traders to visit its website or download its application and install it on their system to access the trading options. Since there is no third party involved in these trades, traders feel more secure and confident about their transactions.
One of the main advantages of this platform is that it has a demo version where traders can trade without risking money. However, some of the major forex trading platforms offer better and more secure trading modes where actual money transactions take place. Therefore, traders like the idea of App Copy Trading which helps them enjoy the benefits of a fully functional trading platform while not risking any penny.
The makers of App Copy Trading have taken it upon themselves to create an authentic and reliable trading system that is compatible with all leading Android app stores. This means that users from any country can access this app and start trading anytime. Traders have the option of accessing this from their laptops and smartphones as well. This ensures that no matter where a trader is, he/she can still participate in live trading sessions. This latest version has been made available in different languages so that users from different parts of the world can enjoy this feature. It also offers different currency pairs like euro/GBP, GBP/EUR and USD/JPY.
The creators of App Copy Trading have done a lot to make their app easy to use and understand by android app users. The interface of this trading app is designed in such a manner that traders can easily get information about the currency pairs using the touch of their fingers. The most attractive feature is that this trading app gives you the option of trading in your own real-time account. You can even manage your account through your android smartphone.
This app provides real-time quotes of the four major currencies, which are listed along with their quotes for two days. This app also features the facility of making real-time trades through Forex market servers. This app allows traders to view real-time Forex charts and gives you a wide range of trading signals and alerts. The best thing about App Copy Trading is that traders who wish to try out this app can do so for free and test it in the demo version. This demo version comes free of cost and enables traders to trade in real conditions with fake money.
