Exness' copy trading feature allows users to replicate the trades of experienced traders, i.e. strategy providers, in real-time. This feature is very suitable for beginners, as they can benefit from experienced traders without the need for in-depth market analysis.
Key terms and definitions
| term | definition |
| Strategy provider | An experienced trader who shares their trading strategy. |
| Copy trader | Copy the user who trades with the strategy provider. |
| Profit sharing | The percentage of profit paid to the strategy provider. |
| Risk level | Indicate the risk level related to the strategy. |
| pump | The maximum decrease in account balance from its peak. |
| winning rate | The percentage of successful transactions executed by the provider. |
The main features of Exness replication trading platform
Exness provides a user-friendly copy trading platform with multiple features to improve trading efficiency. Here is a comparison with popular platforms such as eToro and ZuluTrade.
| characteristic | Exness Documentary Trading | Toro | ZuluTrade |
| minimum deposit | 10 dollars | $200 | $300 |
| Profit sharing model | Yes (15% -30%) | No (based on spread) | Yes (up to 20%) |
| Average replication latency | Less than 1 second | 1-3 seconds | 2-5 seconds |
| Mobile application support | iOS，Android | iOS, Android | iOS, Android |
| Risk management tools | Adjustable risk level | fixed allocation | Customizable stop loss levels |
| available assets | Foreign exchange, commodities, indices, cryptocurrencies | Stocks, foreign exchange ETFs、 Cryptocurrency | Foreign exchange, commodities, cryptocurrencies |
| performance index | Detailed Transparency | Public Information and Basic Statistical Data | Risk rating and user rating |
- Exness provides a flexible profit sharing model that incentivizes strategy providers to perform well.
- EToro focuses on stocks and provides social updates to enhance interaction, but lacks real-time profit sharing functionality.
- ZuluTrade is perfect for forex traders, providing risk management tools to protect copied trades.
Exness and popular strategy providers for competitors
Here is a comparison of some popular strategy providers on Exness, eToro, and ZuluTrade, showcasing real data for better decision-making.
| Provider Name | platform | Average monthly return rate | Risk level | shrink | profit sharing | Followers | Monthly transactions |
| Trader JohnFX | Exness | 15% | medium-sized | 10% | 20% | 2,000 | thirty-five |
| JayNemesis | Toro | 12% | low | 8% | None (only for dissemination) | 30,000 | twenty |
| PipMaster99 | ZuluTrade | 18% | 高 | 25% | 25% | 5,000 | fifty |
Explanation:
- Exness provider (trader JohnFX):Provide a balanced approach with moderate risk and stable returns, suitable for cautious investors.
- EToro Provider (JayNemesis):Focusing on stocks and indices, it is perfect for those looking for equity based strategies.
- ZuluTrade provider (PipMaster99):High risk, high return strategy, accompanied by significant drawdown, suitable for aggressive traders.
In depth comparison of platform fees
Understanding the cost structure of different copy trading platforms is crucial for maximizing your returns. The following is a detailed comparison of fees between Exness, eToro, and ZuluTrade.
| Fee type | Exness | Toro | ZuluTrade |
| Euro/USD spread | Starting from 0.0 points (original spread) | Starting from 1.0 o'clock | Starting from 0.8 o'clock |
| Each handcommission | $3.50 (zero account) | None (based on spread) | 2-5 USD per lot |
| profit sharing | 15%-30% | 无 | 15%-25% |
| Withdrawal fee | None (excluding banks) | Non VIP customers are 1 | Different by broker |
| Idle fee | $10 per month after 6 months | $10 per month after 12 months | 无 |
Insight:
- Exness:Providing competitive spreads and low commissions is cost-effective for high-frequency traders.
- Toro: Mainly based on spreads, there is no profit sharing model, but withdrawal fees are charged to non VIP customers.
- ZuluTradeAdopting a combination of spreads and commissions, and charging additional fees based on the broker's choice.
Step by Step Guide: How to Use Exness to Copy Transactions
Follow these steps to start using Exness copy trading and optimize your trading strategy:
- Create an Exness account
- Visit Exness and register an account.
- Complete the process of verifying your personal information.
- Access the copy trading section
- Log in and navigate to the "Social Transactions" section.
- If you use a mobile phone, please download the Exness social trading application.
- Select strategy provider
- Browse the list of providers.
- Use filters to narrow down your choices based on risk level, profit sharing, and performance.
- Allocate funds and adjust risk levels
- Select the amount to be allocated and adjust the risk level.
- Review historical performance and set stop loss levels to manage risk.
- Monitor and adjust your copied transactions
- Regularly review the performance of your copied transactions.
- Adjust your strategy as needed to optimize returns.
Best practices for managing risk in replication trading
| tip | describe | Example |
| Cross supplier diversification | Diversify your investments across multiple strategy providers. | Copying forex and cryptocurrency traders can reduce risk. |
| Set stop loss limit | Protect your capital by setting stop loss levels. | Limit the loss of each transaction to within 5% to avoid significant drawdown. |
| Regular monitoring | Evaluate supplier performance on a weekly basis. | Adjust the transaction you copied based on market changes. |
| Focus on long-term strategy | Choose a provider with at least 6 months of stable returns. | Avoid collaborating with short-term traders who exhibit unstable performance. |
Comparison between Exness Copy Trading and Other Brokers
The following is a comparison overview of Exness copy trading with competitors in terms of functionality, assets, and fees:
| characteristic | Exness | Toro | IG Market |
| Tradable assets | Foreign exchange, cryptocurrency, commodities, indices | Stocks ETF、 Foreign exchange, cryptocurrency | Foreign exchange, commodities, indices |
| Minimum deposit amount | $10 | $200 | $250 |
| Risk management tools | ADJUSTABLE | fixed allocation | Custom stop loss |
| mobile access | Yes (iOS, Android) | Yes (iOS, Android) | Yes (iOS, Android) |
| SUPPORT | 24/7 online chat | Only on working days | 24/5 telephone support |
conclusion
ExnessCopy trading is an effective way for both beginners and experienced traders to benefit from experienced traders. By carefully selecting strategy providers, managing risk levels, and regularly monitoring performance, traders can optimize their returns. Use the tables and techniques provided in this guide to enhance your copy trading experience on Exness.
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Frequently Asked Questions (FAQs)
What is the minimum amount required to start copying transactions in Exness?
The minimum deposit amount is $10, making it accessible to traders of all levels.
