''ve recently joined your platform and I like your trading conditions. First, I was somewhat puzzled by the inability to choose from several trading accounts, but then I realized that the availability of one universal trading account is an advantage. I should say that previously I dealt with fixed accounts only because I was afraid of working with floating ones. It’s because I once traded with a broker whose spreads tend to unexpectedly widen and they did it too much. But I tested spreads on the Fondex demo account. I liked it. I cautiously did the same on a real account. The way spreads behaved gave me peace of mind, so I decided to continue trading with Fondex.
I have one question. I’m going to copy strategies. How should I choose the best one?
The mechanism of using copy trading is quite simple, and it won't be challenging to understand.
I believe that this is the easiest way to make money in Forex and other financial markets, as all you need to know is how to choose the right trading strategy.
1. Account Type. It would be best to choose Live, as there's no reason to copy a demo strategy.
2. Return on investments (ROI). I will not advise specific numbers, but you should understand that the higher the ROI, the better (but this is also due to higher risks).
3. Choose strategies with sufficient copying capital. I believe it's essential to choose a strategy with significant investment capital, ensuring the strategy's safety and effectiveness.
4. Choose strategies for older than three months.
Of course, this doesn't mean that you cannot choose another strategy. I have only described the search scenario for a SECURE strategy. However, from my experience, I can say that sometimes there are fresh and very effective strategies that don't meat such parameters.
In general, the cTrader Copy is convenient, so I don't think it can be a problem to understand how to choose Fondex copy trading strategies. Good luck!)