What is SuperForex Forex Copy Service?

Have you given SuperForex’s Forex Copy service a try?

It presents a simple, hassle-free way to make a profit, regardless of how well you know and understand the financial markets.

The Forex Copy service that SuperForex offers allows traders to become Masters or Followers and help one another in trading.

Those highly proficient in trading can serve as Masters and share their trading strategies with less experienced traders.

Similarly, if you don’t know much about the markets, you can be a Follower and copy the actions of the best traders out there.

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How does SuperForex Forex Copy Service work?

Here’s how it works for a Follower:

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Why use SuperForex’s Forex Copy System?

SuperForex’s in-house Forex copy trading system has many advantages for both followers and master traders.

Benefits for Followers

• You don’t have to learn about the markets
• Choose which Master you want to follow
• Save time by automatically copying the Master’s trades
• Make a profit just like the Master does

Benefits for Masters

• Charge as much as you want for sharing your strategies
• Earn from deals and from commission paid by your Followers

Thanks to the way the Forex Copy service is designed, Masters are motivated to do their best at trading, while Followers have a wide choice of successful Masters to choose from.

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Main rules of SuperForex Copy Trading

The Forex Copy service is available for all clients who have already opened a standard account and have made a deposit of at least $100.

Each Master can have an unlimited number of followers.

Followers can also be subscribed to an unlimited number of master accounts.

The Forex Copy service is compatible with all bonus programs except the No Deposit and the Easy Deposit bonuses.

Daily subscription means subscription on a daily basis.

Commission will be counted every day in case of trading activity.

A “Profit share subscription” means a percentage of the profit.

This type of commission depends on the amount of profit and should be payed by the follower to the Master for the copied positive deal.

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1. The following clauses apply to users who act as Masters:

Upon registration the Master must specify both the amount of the daily commission which followers have to pay to copy his/her deals and the profit share – a percentage which followers should pay for the profit earned over the copied deal.

The Master cannot get both daily commission and a percentage over the copied deal (profit share) simultaneously per account, but both must be specified upon registration.

One client can register an unlimited number of Master accounts but cannot be registered as a follower and a master simultaneously.

The commission earned is credited to the Master account once a week on Sunday.

The commission received from the subscribed accounts is a part of the Master’s profit which can be used in trading and can be withdrawn without limitations as real funds.

If the Master doesn’t have any active deals in over 24 hours the daily commission will stop for the Master account until the moment when a new deal is opened.

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2. The following clauses apply to users who act as Followers:

The Forex Copy service is available for all clients who have already opened a standard account and have made a deposit of at least $100.

Upon subscription to a Master, the follower must choose a type of subscription: either on a daily basis (paying daily for copying the Master’s deals) or based on the profit share (paying for every copied profitable deal).

One client can register an unlimited number of Followers accounts and can be subscribed to an unlimited number of Masters but cannot be registered as a Follower and a Master simultaneously.

Followers do not pay both daily and profit share.They choose which one of the two types of payments they prefer upon subscription.

Followers do not pay daily commission if the Master does not have any active deals in over 24 hours.

If a follower decides to close a copied deal with some profit himself, even if on the Master’s account the deal is still open, a profit share percentage will still be paid based on the fixed trading result.

Superforex reserves its right to cancel the trading results of the copied deals if the Master made them in violation of the User Agreement.In such cases the commission paid for the cancelled deals will be returned back to the follower within one business day since the moment of cancellation.

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For Masters: Conditions of Registration Cancellation

Superforex reserves its right to cancel the registration in the Forex Copy for a Master in the following cases:

• Based on the Master’s own request – within three (3) business days.
• In case of a systematic violation of the User Agreement.
• In case the Master abuses the Forex Copy service by registering as followers their own accounts and those owned by the Master’s close relatives.
• In case of active usage of limited strategies such as hedging and scalping.
• In case the Master’s account balance has been less than $100 during the last 60 days.
• If the Master doesn’t trade on their account for more than 60 days.

Superforex has a right to correct the received commission by deducting commission received for cancelled orders due to a violation of the User Agreement.

For Followers: Conditions of Registration Cancellation

Superforex has a right to cancel the registration in the Forex Copy service for a Follower in the following cases:

• Based on the Follower’s own request – within one (1) business day.
• In case of a systematic violation of the User Agreement.
• In case the Follower abuses the Forex Copy service by registering as Master’s accounts their own accounts and those owned by the Follower’s close relatives.
• In case the Follower’s account balance has been less than $100 during the last 60 days.

Subscription to a Master can be cancelled if:

• The Master has decided to cancel their registration in the Forex Copy service;
• The Company has decided to cancel the Master’s registration in the Forex Copy service.

Superforex is also entitled to block further registration in the Forex Copy service with other clients’ accounts in case of further systematic violations of the User Agreement and abuse of the Forex Copy service.