Copy Trading At Pepperstone
Pepperstone is a CFD (and in the UK spread betting) broker which is regulated by the the FCA in the United Kingdom, the ASIC in Australia, the CySEC in Cyprus, the BaFin in Germany, the CMA in Kenya, the SCB in the Bahamas and the DFSA in Dubai. Pepperstone can offer high speed order processing and supports a wide range of trading styles such as automated trading with robots.
Copy trading is selecting traders, typically their strategies or signals and having them copied into the trader's own account. All kinds of traders may wish to try this approach and there is normally a range of performance parameters associated with a signal to help the trader choose, but it should be noted that because a trader or their strategy performed well in the past does not mean they will continue to perform well.
Pepperstone FCA regulated and Pepperstone CySEC regulated support MetaTrader Signals and DupliTrade. MetaTrader Signals can available for a fee or in some cases may be free, but the idea is that the trader follows the signals and has these trades copied into their account.
Pepperstone ASIC, CMA and SCB regulated offer Myfxbook in addition to DupliTrade and MetaTrader Signals.
Myfxbook's AutoTrade lets the trader copy trades of other traders. DupliTrade automates trading via signals from proprietary (prop) traders which are executed in the trader's MT4 account and requires a minimum deposit of AUD$5000. Which Pepperstone the trader will sign up with depends on where they are located.
