Which broker to choose for Copy Trading?

2023-09-28 10:02:30

IC Markets is a leading broker in the financial market, having achieved an excellent overall rating of 9.01 out of 10 according to the TU ranking. Notably, IC Markets is a popular broker for copy trading, a method where you follow and copy the strategies of experienced traders. They have an advanced platform for this. This article will explain in detail regarding this broker, why it is good for copy trading, and how you can use it to achieve your investment goals. Read this article and you will understand why so many people choose IC Markets for copy trading.

IC Markets: an international broker providing access to financial markets

IC Markets, established in 2007 in Sydney, Australia, is a brokerage business that opens doors to financial markets globally. With offices spread across different regions, IC Markets can work with traders from almost any jurisdiction legally and in compliance with local laws. Additionally, IC Markets is a member of the Financial Commission, an independent organization that resolves disputes and offers insurance protection of up to 20,000 euros per trader. Find out how IC trading can help you access the financial markets with confidence on the TU website.

The advantages of trading with IC Markets

According to TU experts, trading with IC Markets has many advantages, including:

Favorable trading conditions. A wide choice of more than 2,100 trading assets. Low spreads from 0 pips. High order execution speed. The availability of numerous analytical training materials. The ability to trade from a mobile device. Permission to use trading advisors. Other useful resources such as spread monitoring, risk depth, risk calculator, and much more.

Choosing IC Markets for your trading activities provides you with a comprehensive set of benefits for success in the financial markets.

Saxo Bank: A Trusted Broker in competition with IC Markets

Saxo Bank is a renowned brokerage firm that offers a multitude of benefits for traders. With advantageous trading conditions, a wide choice of instruments, and rapid order execution, Saxo Bank stands out as a quality choice. Additionally, through Traders Union you can access unbiased information and reviews regarding this broker and other market participants. Find out how Saxo Bank can meet your trading needs, and consult TU resources to make informed decisions.

Saxo Bank: Expert Review

Saxo Bank (Saxo Bank) does not dominate the ranking of Forex brokers according to experts, with a relatively low rating given due to negative customer reviews and frequent problems with trading platforms. This broker primarily targets professional traders and investors willing to deposit $10,000 or more, not particularly aimed at beginners.

However, according to Saxo Bank advice, Saxo Bank offers its clients the opportunity to make multi-million dollar transactions, access to 85 exchanges and trading platforms, quotes from major banks, as well as professional support available in 20 languages. Additionally, the broker is a member of the Investor Compensation Fund and guarantees the safety of client funds in separate bank accounts. The company also offers the opportunity to generate additional income by investing in ready-made diversified portfolios.

Conclusion

IC Markets is a great option for copy trading, offering global access to financial markets with benefits such as favorable trading conditions and a variety of assets. Despite a lower rating for Saxo Bank in the Traders Union ranking due to negative reviews, this broker offers large-scale trading, quotes from major banks, and security of client funds. Your choice between these brokers will depend on your specific needs and level of trading experience. For unbiased information, check out Traders Union.

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