is different from other trading terminals. That is, you make offers, but not as usual – a huge amount of news, a large selection of tools and an endless flow of information, which falls on the head of a beginner who can not understand what is happening at all, begins to get lost and, of course, lose money.
Before choosing a platform and how to make money, you need to decide on an important issue – the broker. By the way, mirror trader platform is offered by more than two dozen brokerage companies. We will not advise which broker to choose, we offer a list of binary options brokers as well as reviews from other traders who have experience working with various companies, in the reviews sections of MillTrade and other
Let’s focus on what Mirror Trader offers. These are real-time signals as well as those. You can not only trade, but also choose effective strategies of more successful colleagues and copy them, which is quite simple even for beginners. You can be sure that the strategies you copied will be really profitable, because you can show the strategy only after the developers have tested it. This is a good opportunity for experienced traders to test their strength.
It turns out that the user opens a huge “warehouse” of good strategies. And if you are just starting to trade and can not yet create your own, so you can have data on which positions to open and do it manually. If you do not want, there is the possibility of automated trading.
1 When you use someone else’s good strategy, you make money or you can convert it on your own and achieve even better results. Each strategy is the result of a huge work and experience of professional traders, all of them are tested, so the risk is minimal, although always present. You can control and monitor signals in real time, statistics are also online. You choose the closing time and you can withdraw funds if you deem it necessary. Almost all tools have a small spread and you don’t have to pay the manager. All signals you receive in real time prefer any strategy and carefully analyse its effectiveness. You can have access to many of these tools.
Choose this platform or not – the choice is yours, check its advantages and disadvantages and draw conclusions that suit you or not.
Of course, each platform has its drawbacks, so Mirror Trader has disadvantages, but there are not so many, especially since you compensate for their existing advantages. Platform is not light, so the connection should be of high quality. On the first pairs will have to break the head a little, but then the use is simple. It is not possible to access the MetaTrader account (for many traders this is a significant drawback). Sometimes you need to control your capital account so that the trader, who is a bit played, is stopped on time. The developers did not take care of the implementation of the loss control.
Pentium II, MS Windows; CD/DVD-ROM; 800 x600 monitor; RAM 128 MB; Connection speed from 56 Kbps.
List of forex brokers using Mirror Trader
Fibo Group Trading Platform