RoboForex changes rating rules for social trading network CopyFX

Retail Forex broker RoboForex has implemented changes to the rules about the rating on its investment and social trading network CopyFX.

From December 22, 2015, the CopyFX Rating displays only participants whose accounts have balances equal to at least 50% of the minimum amount necessary to create or subscribe to an offer.

Such a change is set to have a number of positive effects for both traders (that is, those whose trades are copied) and investors (those who copy the trades of the traders). These include easier search for the right offer, as well as more accurate view of how much one stands to profit, given that accounts that are not active will no longer be displayed in the rating.

In November this year, RoboForex implemented changes to the rules about the types of accounts that traders and investors using social trading network CopyFX can open. The changes prohibited traders to use cent accounts. These, however, remained available to investors.

You can view the official announcement from RoboForex on the latest enhancements to CopyFX by clicking here.

Read Also: