Late October signals Egypt’s investment community to gather together in the country’s largest financial event of the year: The Egypt Investment Expo. While other activities are happening at the expo, the “Top 50 in Financial Markets” awards ceremony pops up in the sidelines. This ceremony strives to recognize the best and brightest that the financial industry has to offer. They look both within and beyond Egypt’s borders to identify the best platforms.
FBS Given Due Credit
FBS received the Award for Best Copy Trading Experience. Through their FBS CopyTrade app that they launched back in 2018 with the intent to create a social trading tool that’s perfected for both beginners and experts.
They strove for simplicity in design, achieving it with a flawless and intuitive format. The design was intended to hold all the trading tools that would be needed to work the system properly, but still managed to portray the UI like a simple two-button videogame. The developers of FBS rolled out numerous updates to maintain and fine-tune the app, with the title of “Best Copy Trading Platform” proof of their hard work.
An Elegant Copy Trade Platform
CopyTrade enables people to browse an extensive network of Traders, that trading novices (or maybe the odd lazy Investor) can gain access to. This enables traders with little to no experience in the trading market to instead follow a more experienced trader and copy the strategies they are using in order to gain profits. The users following the Traders are called Investors.
Professionals who give their strategies have a chance to gain commission from the profits of the Investors. Those who Investors copy are called Traders in this industry. The app also sports a community platform that welcomes traders of all levels to allow them to exchange skills to create a larger profit via a collective effort.
Many Choices
Users can make use of the app to create their very own portfolios and enable the use of multiple stats and filters to find the best possible Trader to copy. An excellent example of this would be to filter Traders by popularity, rate score, activity, and risk level. Investors are even capable of filtering a particular trader’s success with a specific currency pair or go as basic as sorting via name and country.
With their desired trader selected, the investors can now set the parameters for their Take Profit, Stop Loss, and Maximum Risk Level. With everything sorted, the investor can now press one button to start the complicated algorithm, one that Investors are capable of changing the parameters of at any point in time. It allows investors to start or stop copying their selected Traders at any time as well, ensuring that they’re not “locked-in” to something they don’t want.
The “Top 50 in Financial Markets” award’s jury took great pleasure in the company’s application. They heralded it as a perfect balance of a sophisticated internal system with a simple user interface. The app also allowed itself to be available to a broader range of customers by making it free to download. This leads to many users who previously didn’t even think of risking the Forex industry, reconsider their choices and maybe select the app as their first venture into the industry.