Profitability of Copying Deals by Signals of NordFX Amounted to 15-31% in April 2014
Everyone wants to make big money non-stop. Most people also wish to get high profit easily, with little effort. But is it real today? When a tense political situation makes the currency rates of CIS countries, including Russian ruble, collapse? When the already unpleasant inflation rate is getting worse, wages are shrunk, and prices keep sprouting like mushrooms after the summer rains?
On the one side, everything looks rather pessimistic. Nevertheless, by putting certain effort businessmen keep making profits, financial experts increase their capitals, and investors accumulate their capitals by means of diversification and reallocation of their portfolios. In order to “keep up” with them, you at least have to understand finances and economy, so that you can “make money” and be independent from some employer.
Copy Profits and Get Profits Easily
There also exists another variant. Forex is the largest market in terms of money turnover and most progressive in terms of innovative technologies. Due to these features today thousands of people get high profits from trading currencies. What is more, their profits cannot be limited by anyone; they withstand inflation and devaluation, as well as political collisions.
However, in order to become a professional trader, you are not only to get specialized knowledge, but also know how to use them in practice in any market situations. It is hard to grasp the vast amount of information on the issue on one’s own. Besides, this requires much time and patience.
This is probably why these days the unique service of automated trade “Signals”, provided by one of the leaders of the industry NordFX company, is extremely popular at Forex. With this product you can get high profit without any knowledge and practical trading skills. Moreover, this is done with no effort, in other words, by direct trade at the market.
Users of “Signals” make money by means of trade of best forex traders, whose deals are copied into their account in NordFX. Consequently, you get profit for profitable trading signals of traders. This technology is somewhat similar to a popular PAMM service, but, unlike it, you do not invest in someone who takes 50% of profit for his services at rather high trading risks.
In this reference you pay 30% at most to a person, who is guaranteed to bring profit at least because he trades his money. Whereas you do nothing, but copy his deals. You can cooperate with several TOP traders at the same time, which will increase the effectiveness of means diversification. Unlike the abovementioned PAMM accounts, you have total control over operations with your money and can stop cooperation, change a trader, or fully update signup for trading signals at any point.
Taking into consideration the fact that NordFX provides best technical and trading opportunities for traders, users of “Signals” get additional reliability guarantees of the service. Safety and highest quality of the forex broker, as well as its objective leadership in the industry is proved by numerous international awards.
Solely in the poll of traders and investors of MasterForex-V Expo for 2013 the company has been honoured with three awards, namely, “Best Micro Broker”, “Best Forex Broker for Quality of Dealing”, and “Best Bonus Program at Forex”. The world-famous service “Signals” also occupies a high position.
For more details on rules of operation, criteria for choosing best forex traders, and other not less useful information read the “Market Leader” article “Nord FX Calls 20 Best Traders – Providers of Forex Signals”. Now we present the latest results of the service operation during April 2014.
April Results of “Signals”
“The opportunity to sign up and automatically receive trading signals of experienced traders into one’s account is becoming more and more popular among our traders,” says a Chief Analyst of NordFX John Gordon in his interview to the “Market Leader”, “using this service is very easy, as it is built in directly into trading terminals МТ4 and МТ5, which may be downloaded from NordFX official web-site.
The only difficulty may concern the choice of providers of signals, the number of which currently amounts to about 3 000! In order to help you decide whose signals are worth signing up to, on a monthly basis we publish TOP-10 signals, most popular among NordFX clients. Similar rating can be found at the web-site of developers of the service – MetaQuotes Software Corp. However, it bears general character and does not take into consideration specific trading terms provided by every forex broker.”
“Speaking about our rating,” highlights the specialist, “according to the results of April 2014, the best ten signals, signed up to by most clients of NordFX, are the following:
As stated by John Gordon, “The table shows full correlation of first four signals, preferred by our subscribers and subscribers of entire MQL5 society. This seems to be logical, as the choice is highly influenced by collective opinion. This is also proved by the fact that GFX Copenhagen signal is a leader among our company’s clients; having 28% of total signups, it leaves other signals far behind. It is followed by Johnpaul77 with 15% of signups, and other signals have about 2-3%. I believe that if signup for Johnpaul77 signal was free, it would be equally popular to the leader.
Speaking about some features of signals, included in the rating, I would like to admit that subscribers prefer strategies with moderate risk and wise capital management. Mind that maximal drawdown of means ranges between 15 and 40%, whereas average monthly growth of capital amounts to 15-25%.
I would like to admit that for 2.5 years of his work a trader Johnpaul77 has shown an outstanding result for a real account: with a staring deposit of $10 000 his profit has amounted to $196 000, from which the trader has output $150 000 to a bank account!
When signing up to GFX Copenhagen signal, one should keep in mind that by trading with several advisors its author, Irina Grigorieva, can open 50 positions or more at the same time.
Speaking about Collonel signals, pay attention to 46.71% drawdown of means. This is not critical, but, certainly, high.
Pips Maker has been trading for 12 weeks only, so I find it hard to predict how stable his work will be. If in February and March his profit was about 38%, then in April its result was two times smaller – 16.70%. CS90129723 neither is very stable, its profit in April has only amounted to 2.71%.
Strategy of Golden fx trader, in my opinion, is rather aggressive, as the size of trading lots can change in 10 times during one trading session. By the way, the lifespan of his trading account is only 10 weeks, which is slightly more than in PAMM II Deposit PLUS – 3 months.
The trading chart of TheKing Live is rather interesting; sometimes it seems to “go to sleep”, and there appears a horizontal line on the chart. Then the “King” revives and effects several deals – about 12 trades per week. At the average time of preserving a position for 6 hours, it appears that for 60% of the trading time the “King” sleeps.
Speaking about signals that have failed to enter the annual rating, I would like to pay attention to the following three ones:
1. Mark99fx (maximal drawdown 11.74%, average monthly growth in 2014 – 26.5%, cost of monthly signup – 20$);
2. PureProfit NoRisk (maximal drawdown19.56%, average monthly growth in 2014 – 17.96%, signup for the signal is free);
3. Masterboy (maximal drawdown23.29%, average monthly growth in 2014 – 26.44%). The signup is yet free, but one should keep in mind that its trading lot may increase in 5-6 times.”
“I would like to add that NordFX effects non-stop online monitoring of signals from MQL5.Community web-site and will continue publishing not only its monthly ratings, but also results, which could be gained by subscribers who have included them in their portfolios,” concluded JohnGordon.
