The Trial Period in Copytrading is a great opportunity for investors to test a trader's strategy without paying any commission. This feature benefits both traders, by attracting more investors, and investors, by allowing them to evaluate a trader's performance without paying commission for some time.
Setting Up the Trial Period (For Traders)
- Traders can enable the Trial Period when attaching their trading account to the Copytrading service.
- Under the commission settings, there is an option Enable Trial (tickbox).
- Traders can also update this setting later anytime via Trader Area > Account Settings.
Benefits of the Trial Period
For Traders:
- Increases the chance of attracting more investors to try the strategy.
- Traders offering a Trial will be shown in a special section on the Leaderboard if investors apply the Trial Period filter.
For Investors:
- Investors can copy the trader for 7 days without paying any commission.
- It provides a commission-free way to test the trader's strategy before making a longer-term investment decision.
Conclusion
The Trial Period in Copytrading offers important advantages for traders and investors. Understanding how the Trial Period works helps both sides make more informed and confident decisions in the Copytrading environment.