Starter’s Guide for Strategy Providers

FXT CopyPro

Trading just got even better with FXT CopyPro allowing Investors and Strategy Providers to come together under the one roof and earn together.

Strategy Providers can share and grow their following of investors, enjoy multiple ways to earn including performance fees and subscription fees for your efforts as a trader.

First Steps

The first step to becoming a Strategy Provider is to create an account. Once you have created your account and logged in, you will be able to set up your strategy, as a strategy provider.

Creating your strategy will involve writing a description and setting any fees you wish to charge for allowing Investors to copy your strategy.

Trading Your Strategy

To trade your strategy, simply trade the account in line with the strategy on your trading account. Be sure to stick to your risk management, trading plan and strategy description to keep your investors copying happily. As you trade, the strategy’s statistics will update to reflect the results and performance of the account. Better results and statistics will help to attract more investors to copy your strategy.

Depositing and Withdrawing Your Returns and Fees

To deposit your funds, simply go to the Client Area and select Deposit, select your preferred payment method and enter the amount.

To withdraw, whether it is profits you’ve earned through trading the account, or from performance fees or subscription fees, simply go to the Client Area and select Withdraw and follow the prompts to withdraw funds.

A Deeper Look at Strategies

Strategies will be assessed by investors looking to copy and follow along. In order to make the strategy attractive, it is good to have an understanding of what a Strategy entails. Results and performance will be a consideration, along with relevant details on the strategy and an idea of drawdowns and other key statistics an investor might want to understand.

Keeping an eye on your strategy’s statistics can be a good idea, so that you can understand what is attractive about your strategy. Use the Statistics to see how you are performing and what is being measured.

How the Fees Work

The fees available include a performance fee, which is paid monthly to your account where you can withdraw it or add it to your trading account. A performance fee is based on the net profit of the accounts copying you. Depending on the percentage fee you charge, multiply the net profit by the performance fee to get the resulting performance income for the period.

Subscription fees are charged on a monthly basis. A subscription fee is a fee charged regardless of the performance of the account or the size of the funds used to copy you.

Improve Your Strategy Brand

Getting paid performance fees while you trade your own money is great, but more investors means higher performance income, so improving the appeal of your strategy to investors is critical. Here’s a few ideas on how you can improve your brand strategy: