There are many ways to make money in the financial market. Even those with little experience in trading and investing can do it. Esperio Broker offers a Copy Trading service for such people, which makes it possible to earn on investments by copying trades of professional traders. At the same time, the service allows both parties to make money – investors and traders who sell their trading signals. The service is top-rated, which can be proved by feedback from Esperio customers.
Peculiarities of the service of copying trades from Esperio
Copy Trading is a universal service. Both beginners and experienced traders can use it. The first ones can profit only by linking their account to the account of a professional trader from the rating. Experienced traders get the opportunity to demonstrate their skills and earn on commission from the profits earned by investors.
The Copy Trading service allows beginners to receive passive income only from investing their capital. They just need to spend a little time learning the principles of exchange trading, the rules of technical analysis, etc. At the same time, the investor’s profitability directly depends on the size of the invested capital and on the trader’s efficiency to whom they choose to link the account.
As for the traders themselves, the service of copying trades opens up the possibility of additional earnings only due to the effectiveness of their actions. They can continue to work as usual, and if someone else connects to their account, the trader will receive extra income via commissions. Esperio acts as a guarantor, ensuring settlement fairness between both parties.
How to connect to the service on the Esperio website
You need to follow a simple sequence of actions to become a member of the service:
- Register on the Esperio website as an investor.
- Go to the «Copy Trading» section and select a trader suitable for you from the rating.
- Attach to a trader’s account.
- Select copy options.
- Confirm the operation and start receiving income.
One of the service’s key features is the ability to choose the ratio when copying transactions. To participate in the work of the service, it is absolutely not necessary to have the same amount of funds on the account as a trader. For example, you can set the ratio to 10:1, and in this case, you will only open an order for $100 when making a deal for $1000. If desired, the investor can always suspend the copying process, as well as connect to several signal providers in Esperio – reviews from the company’s clients confirm this option. But such an opportunity will require opening several different accounts.
If you are a trader and want to connect to the service, then you need to perform several steps shown in the illustration below.
Please note that traders can receive additional income for their trading signals and participation in the Esperio affiliate program. This program allows traders to become partners of the broker and receive a percentage of the spread of attracted clients. Members of the Esperio affiliate service can also create their multi-level affiliate network — the income from which grows as the number of attracted clients increases.
How is the rating of signal providers arranged?
One of the key factors of working with the trade copying service is the choice of a trading signal provider from the rating of traders. It helps to avoid copying the signals of traders with poor performance and also contains several main parameters:
- trader’s profit or loss;
- market volatility;
- total drawdown on the trading account;
- estimated return on investment;
- Sharpe ratio, which reflects the performance of the portfolio as a whole.
The rating of traders provides a point assessment of its participants. The number of points depends on the trading results for the selected period (month, quarter, six months, year). At the same time, points are awarded not only based on efficiency but also the overall trading activity of the rating participant. If a trader has constantly been active over the past week, then a high coefficient is applied to their points.
The Copy Trading service is convenient for every market participant. It is designed in such a way that it allows beginners or traders with initial capital to make a profit. The popularity of this service is growing every day, so the possibilities of its participants are constantly expanding.