forex robot copy trade faq

What is EagleFx System?

EagleFx Copy Trade System is a fully automated forex trading system that allows you to copy existing trading strategies. It enables you to automatically copy your favorite trading strategies in real time, giving you the opportunity to benefit from fully automated trading with the potential to achieve similar trading success.

How does EagleFx Copy Trading work?

EagleFx Copy Trade connects your trading account with selected trading strategies and system accounts. When a system account executes a transaction, the same transaction is automatically copied to your account proportionally. You can choose the trading system you want to copy according to your trading performance and strategy.

What are the benefits Copy Trade?

Whether you are experienced or a novice, you don’t need to have experience in the market, save time and don’t need to look at the market for a long time, and you can choose a fully automatic trading strategy, which has many advantages, including 24 hours to help you with automatic trading, risk management And earn passive income, by utilizing artificial intelligence technology and copying transactions, we can quickly identify high-performance transactions, saving time and effort.

What broker does the EagleFx trading system use?

The platform EagleFx chooses is Vantage Markets and GMI. the official website for GMI Edge is gmimarkets.com, and relevant platform information can be found online. The following is the operating information and regulatory license of the platform:
Testing, reviewing, and evaluating the third-party platform wikifx on GMI:  https://www.wikifx.com/en/dealer/0001816946.html.
Other regulatory license information:
1. Global Market Index Limited is registered in Saint Lucia with registration number 2023-00239. The registered address is Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.
2. Global Market Index LLC is registered in Saint Vincent and the Grenadines with registration number 2763 LLC 2022. The registered address is Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadines.
3. Global Market Index Limited is authorized and regulated by the Mauritius Financial Services Commission “FSC”, license number C118023454 and registered in Mauritius with registration number 158643 C1/GBL. The registered address is The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.

Years in Operation: Over 10 Years History: Third Party Inspection Website: https://www.whois.com/whois/gmimarkets.com

Here is the information about Vantage Markets:
Official website : https://www.vantagemarkets.com/en/

Vantage Markets, previously known as Vantage FX, is a globally recognized forex and CFD broker. Established in 2009, the broker has built a reputation for providing access to a wide range of financial markets, including forex, indices, commodities, and cryptocurrencies.

One of the key aspects of Vantage Markets is its commitment to regulation and licensing. The broker operates under the strict oversight of several reputable regulatory bodies. This includes the Australian Securities and Investments Commission (ASIC), the UK’s Financial Conduct Authority (FCA), and the Cayman Islands Monetary Authority (CIMA). These regulations ensure that Vantage Markets adheres to high standards of financial integrity and consumer protection, offering traders a secure and transparent trading environment.

In terms of the online review feedback, Vantage Markets generally receives positive ratings from its clients and industry observers. Traders often highlight the broker’s competitive spreads, fast execution speeds, and reliable customer support. Additionally, the range of educational resources and trading tools available through Vantage Markets is frequently praised, making it a popular choice for both novice and experienced traders. Overall review in wikifx –> https://www.wikifx.com/en/dealer/0361345333.html

About Whois : https://who.is/whois/vantagemarkets.com

Should I be an experienced trader to use EagleFx Copy Trade?

Not at all! EagleFx Copy Trade is designed to meet the needs of traders of all levels (including beginners), or laymen. You can take advantage of the latest fully automated trading technology without having extensive trading knowledge. This is a great way to copy to a professional system and earn passive income at the same time.

How do I choose which trading system to copy?

EagleFx Copy Trade provides you with detailed information about each system’s performance, trading history, risk level and trading strategy. You can review this information and choose a trading system and strategy that fits your trading goals and risk tolerance.

Are there risks in using EagleFx trading system?

As with any form of trading, there are inherent risks. While it is possible to make profits from copying trades with EagleFx, it is important to remember that losses can also occur. Portfolio diversification by copying multiple trading systems and practicing proper risk management is essential.

Can I manually overwrite copied trades?

Yes, you can manually close the copy transaction or adjust the copy order number. EagleFx Copy Trade allows you to retain control over your trading activities, allowing you to manage your account as you see fit.

Can I set stop-out cut loss and target stop loss?

You can control your risk level by setting stop-out cut loss or target stop loss to protect your capital in case the trading robot goes above the risk level that you not expect.

Are there any fees associated with EagleFx copy trading?

Registration is free. EagleFx only shares 25% to 30% of your copy trading profits. Be sure to check the terms and conditions for associated fees. When you start making money, the system will automatically deduct the share from your respective accounts.

Can I stop using EagleFx Copy Trade at any time?

Absolutely. You may choose to start or stop using the copy trading service at any time. You can adjust copy settings, pause copy or disconnect from specific traders at any time.

How do I monitor my copy trades and overall performance?

You can monitor your copied trades, view performance reports and track your overall performance. Regularly analyzing your performance can help you make informed decisions and optimize your copy trading strategies.

How do I deposit and withdraw funds? What conditions?

Deposits and withdrawals are made through the GMI platform. It can be through a local bank, USDT or credit card. It must be your own account.

What strategy does EagleFx use? Is there a tracking record that I can look at?

The EagleFx system automates professional trading skills, combining basic trading indicators such as EMA/SMA/STOC/RSI/MACD, trading strategies such as trend follow, hedging, martingale, over buy/sell and the current AI technology, making copying become more easily. All trading records can be seen in the myfxbook third-party monitoring link –>> https://www.myfxbook.com/members/EagleAI

 How was the EagleFx system developed? is it real?

The EagleFx automatic trading system is build and compile using the latest  MT4, MetaQuotes Language 4 (MQL4). After the compilation is completed, it will test 99.9% of the real market data for 10-20 years to ensure that the system can pass the difference at most of the market points  and can work smoothly on real market condition with real trading results.

What is the success rate of traders on the platform?

Different trading strategies have different success rates, varying from 50% to up to 90%.

Can I test copy trading with a demo account before using real funds?

Copy trading started in real investor accounts, you can monitor the trading records from your MT4 account login later.

Can I participate in other trading activities while using Copy Trade?

We advise you not to use the copy trade account to intercept or trade as it will affect the overall trading results. If you wish to trade the manual, we advise you to open another new MT4 account under your user portal.

Is there a limit to the number of traders I can copy?

One investor account is limited to copying one trading strategy if you wish to copy more than one trading robot, you are required to create a new investor account and choose a new strategy to copy.

Can I change the trading robot I’m copying?

You must stop copying existing trading robots before switching to copying new ones.

Which robot is the best?

This is very subjective, depending on what matrix you are looking for like profit factor, ROI, risk drawdown, etc. You can check the trading robot’s performance here -> https://eagleaifx.com/performances/ to see and choose which one fits your needs and requirements more.

Is my personal information secure with EagleFX Copy Trade?

Eaglefx will not store any personal information; we are just developing a useful automatic trading robot and working with well-regulated brokers to offer copy trade services to the market.

Is Broker regulated?

Yes, the broker we use to trade with our auto-trading robot is regulated. Please visit the broker information page for more information.

How to start copy trade here?

To start copy trade , you can follow the guidelines provided at this link –> https://eagleaifx.com/forex-copy-trade-guides/