Frequently Asked Questions

Explore our FAQ for everything you need to know about Forex copy trading, so you can trade like a pro!

Q: What is Forex?

A: The Foreign Exchange market, which is known as “Forex” of “FX”, is a global decentralized or over-the-counter market for the trading of currencies. It is the only truly continuous and nonstop trading market in the world.  The Forex Market offers nearly 20x the daily trading volume of the US Stock Market! More than HALF of the trades in the Forex Market involve the U.S. Dollar.

The Forex Market is the largest financial market in the WORLD. One can make money whether the market is going up or down. It is always possible to take either side of a trade in the Forex market. Trading a currency pair works buying and selling. ⁠ The Forex Market, often more favorable, because it offers flexible trading hours for traders being open 24 hours a day, 5 days a week. In the Forex market, you can trade from anywhere in the world, anytime, on any device.

Q: Why invest in Forex?

A: Most people use Forex to protect their fiat currency and beat inflation. Investing gives your money the potential to grow faster than it could in a savings account. Know your limits and invest according.

Q: What is copy trading?

A: Copy trading is an investment method for investors or people that lack the time and knowledge to trade on their own. By copy trading, you can automatically copy the trades of master traders without any expert knowledge of the market. Copy trading is one of the most appealing passive income options.

Q: How does copy trading work?

A: The Trade Copier software will trigger all the trades to automatically open in your account. If a trade is closed in the master account, also closes in your account. You don’t need to do anything after the initial setup.

General Questions

Q: What services does FXPro CopyTrade offered?

A: Subscriptions to our Trade Copier Signals help traders start making the most out of Forex trading and earn a consistent profit.

Q: I’m new to Forex trading, can I subscribe to FXPro CopyTrade?

A: Yes absolutely, there are many members that are new to Forex trading. Our users range from beginners to advanced traders. Whether you have never traded before, have some experience or you are a professional that is strapped for time, you can take advantage of copying our trades. All you need to have a trading platform app (MetaTrader 4 recommended) and a broker (view our preferred broker here).

Q: Does FXPro CopyTrade offer a free trial?

A: Sorry, we can’t provide a free trial although we’d love to. If you would like to see our past performance, you can view our verified results history of our signals.

Q: Can I make money like a professional Forex trader?

A: Copy trading offers the opportunity to take the same exact trades as professional expert traders.

Q: How much money can I make from copy trading?

A: There is no limit. But remember the market can go against you as well. You can lose your money in just a few minutes if you are hasty and don’t take steps to reduce risks. The return rate will largely depend on your broker and the settings you choose. Each signal outlines our recommended settings. View our verified results history.

Q: How are trades provided?

A: The market is analyzed for precision entry price and take profit through the software. Once it is set up and the accounts are ready, there’s nothing you need to do. No copying or pasting trades, it’s 100% automatic!

Q: Do I need MT4 or MT5?

A: You can use MetaTrader 4 or MetaTrader 5.

Q: Can I use it on multiple devices?

A: The Trade Copier System is linked to your MT4 or MT5 accounts, so anywhere you access your account will show our system.

Q: Are there any risks?

A: Of course, there are risks, just like in any type of investment. The best way to limit your risk is through education and experience. Enjoy our FREE collection of valuable eBooks to learn the basics of the Forex market and advanced your trading strategies to succeed in your trading.

Getting Started

Q: How do I sign up?

A: View our Getting Started Guide for detailed information on how to start copy trading. Choose the signal you wish to copy from our signals page. Follow the prompts for registering a new account.  You will receive an email with instruction on how to set up your account. All you need is a broker (view our preferred broker) and MetaTrader 4/5 account.

Q: When signing up for a broker, which account type should I select?

A: When signing up for an account with our preferred broker, low spread ECN account is recommended.

Q: What is the minimum to start?

A: It depends on the broker that you choose. Each broker decides on a minimum deposit (usually between $50-$100 USD). Many brokers offer bonuses for first-time deposits. However, many traders feel that $500 is a good starting minimum deposit. View our recommendations for each signal on our signals page.

Q: Can I change my lot size?

A: Yes, you have full control to modify your lot size of your trades. We encourage you to download our FREE eBook “Beginner’s Guide to Investing in the Forex Market. In this eBook you’ll discover our “Keys to Success” that explains lot sizing.

Q: Is there a stop loss?

A: Risk-management of the total open position is done manually by our team.

Q: What Forex broker do I have to use?

A: Please view our preferred broker page.

Q: What time are trades placed?

A: We strategically place trades throughout Asian, London and New York sessions.

Q: What else do I need to know before I trade in the Forex market?

A: Download our free eBook “Beginner’s Guide to Investing in the Forex Market” from our eBooks page. In this eBook you’ll discover our “Keys to Success” that outlines what you need to know before you trade.

Pricing & Payment

Q: Are there monthly fees?

A: The payment includes the cost of the signal and a $15 monthly fee for use of the trade replicator for each signal. Every broker has various fees and charges that you’ll need to be aware of, so check commissions and any extra ‘hidden’ fees from your broker.

Q: Is there a reoccurring payment?

A: Yes, charges will be made automatically so that your copying doesn’t get interrupted. You can cancel your subscription at any time.

Q: Do I deposit my money directly to FXPro CopyTrade?

A: No, you don’t deposit any money via our platform. You’ll fund your brokerage account. View our signals page for recommended deposits and lot sizes for each signal. If you need a broker, view our preferred broker.

Q: Where do the profits of the trades go?

A: All profits from trades will appear in your brokerage account. To make any withdrawals, please refer to your broker, if you do not have a broker, view our preferred broker.

Cancellations & Refunds

Q: How do I cancel my subscription?

A: To cancel your subscription, log into your account and select “Submit New Ticket” in your dashboard located under the “Support” tab and choose “New” to generate a new ticket to enter in your request. *Please note that hitting delete in the Trade Replicator dashboard DOES NOT prevent you from being billed.

Q: Refund Policy

A: Sorry, we do not provide refunds, however, you can cancel at any time and view our verified results history prior to subscribing.

Q: Contracts

A: No contracts required. With us, you’ll never sign a contract, and we are certain you will appreciate the way we do business.

Customer Support

Q: How do I contact support?

A: General inquires can be submitted through the website contact page. Members can contact support via the dashboard by logging in and selecting “Support” in the top right menu.