A social trading and Forex copy trading network with around 300 strategies available for copying. FX Junction is a modern service that offers a wide range of features, including an opportunity to listen to what other traders are saying about the asset and share your own comments. Selecting a strategy to copy is fairly easy as information is provided in a simple and easy to read form, with lots of data being available for a more detailed analysis. When copying a strategy a trader has an option to set maximum number of open trades and number of lots manually and opt to auto-close orphan trades. FX Junction currently works only with Metatrader 4, but any Forex broker that has MT4 terminal can be connected to the copy trading platform.
Strategy providers set their own fees for their service with a choice to provide their services for free. The fee can be set as a monthly subscription, commission per lot and/or commission per trade. It is possible to allow all 3 payment schemes and let the followers choose which one they are more comfortable with. FX Junction also lets a trader set free trial period for new copiers. The platform itself has no subscription fees and is compensated from revenue managing traders receive from their subscribers — FX Junction keeps 50% of signal provider’s subscription fees and commission.
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