Today we look at strategy provider “CopyForex.” This strategy provider’s equity growth since inception is at 1417.83% with a total of more than 9532.7 pips.
Even though his account has only been running for 10 months and 1 week, we consider him a low-risk trader, considering his Maximum Drawdown is only 26%, which is quite balanced in comparison to his average returns per month of 28.8%.
For strategy followers who are looking for a low-risk strategy provider, you may consider “CopyForex.” If you look at his trading statement, you will notice that he is a swing trader with pips averaging a net profit of 26.05 pips versus loss of 18.59 pips.
His result looks pretty good as he only had a month in negative since he started on the CopyPip platform. We will see how he performs in February.
As mentioned above, the average for all of his trades is at 18.09 pips, which means that as a Strategy Follower, the 0.7 pip commission charge by CopyPip will be negligible if you copy his trades.
Lastly, he often trades in currency pairs against USD and Yen.
As always, I would advise copy traders to use a comfortable capital to give yourself some buffer, in case he allows his losing trades float to an unprecedented level.
Fullerton Markets Research Team
Your Committed Trading Partner
