How To Start With Trade Match Copy Trading
Many people see investing and trading in the financial markets as an attractive source of earnings. Exploring the profit potential of the financial markets is now more accessible than ever before due to the development of technologies.
However, not everyone has the time or the inclination to master the skills required to be a professional trader. The complexity of trading can be discouraging to many. Copy trading is one possible solution for them. Trade Match is a latest-generation copy trading platform designed to provide access to the potential profits of the financial markets for investors with no or limited experience.
At the same time, the platform strives to offer experienced traders access to a growing number of global investors who can follow and copy their trading strategies.
Trade Match is free to join and requires only a few clicks. This article provides you with a step by step guide on starting with the copy trading platform.
1. Choose a trading strategy to copy
Your Trade Match experience starts at tradematch.live. The platform has an intuitive, easy to navigate interface. To select a trading strategy to copy, you need to monitor, review and compare the traders’ profiles identifying the one that most answers your investment goals. All traders at Trade Match are listed in various ranking lists. They receive a position in the lists according to the performance of their account that is evaluated based on five criteria - number of copies, best monthly performance, drawdown level, asset under management and risk level. Traders move up and down in the ranking lists and if you wish to look in more details their profiles - simply click on their name. The profiles will present you with additional information such as Average Monthly Performance, Absolute Gain and Maximum Drawdown.
What to do next?
2. Create a profile
Once you have identified the trading strategy best suited to your investment goals, you need to complete the registration process. Hit the join button and additional information such as your name, phone number, address and other standard information. As with every financial operation, you also need to verify your identity with your passport or ID.
3. Time to open your investment account
Once your registration is confirmed, you are ready to start your copy trading experience. Open an investment account by selecting your preferred method of funding and withdrawal. Add your first deposit. The minimum required is 500 USD/EUR/GBP.
4. Risk management
An important step in your Trade Match experience is understanding the importance of applying risk management to every trading strategy you will copy. Trade Match provides you with a powerful risk management system that can be adjusted at any time, regardless of whether it’s a new strategy you add to your account or already an existing one. Adjusting the risk level will allow you to make more balanced decisions. You can modify three parameters - Multiplier index, Take Profit and Stop Loss.
5. Copy the selected trading strategy into your account
After you determine your Risk Level settings, you are ready to add the selected trading strategy to your account. Once the strategy is added, the platform will automatically start placing trades on your behalf, copying the actions of the trader you follow. Whether you wish to keep monitoring your account continuously or visit the platform once a day is your choice. Naturally, at any moment, you can apply changes such as adding or removing trading strategies and adjusting the risk level settings. You can withdraw your gained profits by selecting time and day within working hours, Monday to Friday.
To learn more and start your experience go to tradematch.live