ForexNewsNow – Leading online forex broker ACM Gold has just announced that it had launched a new mirror trading platform. ACM Gold explained that the new platform comes as an extension to the multitude of services and tools offered by the broker. The new Mirror Trader platform that has been adopted by the broker has been developed by Tradency.
ACM Gold Adds New Mirror Trader Platform
The latest addition to the service portfolio of ACM Gold is its new Mirror Trader platform that has been developed by the company Tradency. The new platform has been integrated into the popular MetaTrader trading platform, meaning that in order to use this service, traders will not have to use two separate platforms.
The new platform allows traders to browse a list of well-known and successful traders, also called signal providers. After this, traders will be able to follow the signal providers they believe have the best trading strategies. The Mirror Trader will follow the actions performed by these signal providers and “mirror” the decisions taken by them.
Basically what this means is that traders are given the opportunity to automatically and effortlessly copy the actions performed by very experienced professionals who are known to generate extremely large amounts of money from forex trading.
ACM Gold explained in a recent press release that the addition of the Mirror Trader platform reflects the company’s dedication to innovation. The press release also pointed out that not so long ago ACM Gold has released various other very helpful features such as apps for smartphones and more.
ACM Gold also explained that the new Mirror Trader platform will naturally also be available on the mobile version of the broker’s regular platform. This will allow traders to access the Mirror Trader service from virtually any location that has an internet connection.
How to Use the New Mirror Trader Platform
The Mirror Trader platform has been developed by the company Tradency. As explained above, it allows traders to automatically copy the trading strategies and actions performed by other and very successful traders.
The Tradency Mirror Trader is extremely easy to use. First, traders will have to select the signal providers they wish to follow. A great feature is the fact that the best and most successful signal providers are always listed on top of the list. This means that traders will not have to browse endlessly the list of signal providers in order to find the best ones.
The Mirror Trader has three operational modes which are automatic trading, semi-automatic trading and manual trading. The automatic trading mode will mirror all the actions performed by the selected signal provider without the trader’s permission. The semi-automatic mode will require the trader’s permission in order to execute certain trades while in the manual mode traders will have to approve all trades before the system executes them.
The platform likewise has a large selection of features. ACM Gold has commented that the features of the Mirror Trader have been designed to meet the demands of novices, intermediates and advanced traders alike. ACM Gold explained that both the regular trading service though the MetaTrader platform as well as mirror trading through the Mirror Trader platform can be accessed under one trader account with the same login details.