Sirix CopyKat System

✨ CM TRADING COPYKAT PLATFORM REVIEW -SOCIAL AND COPY TRADING

The CMTrading CopyKat platform is based on the popular Sirix copy-trading system. It allows users to copy signal providers with just a few clicks. All copied positions can be monitored through MT4 and WebTrader.

🔰 CM Trading Profile

CM Trading is a regulated Forex and CFD broker based in South Africa. They offer the Sirix CopyKat platform alongside other trading platforms. Here are the main features of CM Trading:

• Regulation: Financial Services Board (FSB-38782)
• Trading Options: Social Trading, Automated Trading, Scalping, CFD Trading
• US Traders: No
• Financial Instruments: Currencies, Shares, Indices, Metals, Energy
• Platforms: MT4, WebTrader, Sirix CopyKat, Mobile and Tablet Traders (iOs, Android)
• Trading Leverage: 200:1 to 400:1
• Minimum Deposit: $250
• Fund Methods: Cards, Bank Wire, Neteller, CashU, FasaPay

📋 CM TRADING COPYKAT FULL REVIEW

The Sirix CopyKat platform allows you to copy professional traders with the click of a button. Whenever a chosen provider opens a position, the same position is automatically executed in your account. The size of each position is adjusted based on your available account balance.

COPYKAT MAIN FEATURES

• Minimum account for using social trading is $250
• Choose from a great variety of signal providers
• Easy-to-copy trades (auto-pilot)
• The copy-system calculates all trade sizes automatically
• Complete privacy (trader’s details are not shared with signal providers)
• The copied positions can be accessed through the WebTrader and MT4

📊 Monitoring Past Performance

On the right side of the CopyKat platform, there is a list of signal providers ranked by their relative scores. By clicking on a provider, you can access information such as:

• Graph of past Profit/Loss Performance (1-year, 6-months, 3-months, and 1-month)
• Success Rate (winners versus losers)
• Max Drawdown (max decline in a trader’s balance)
• Best and Worst Position (percentage)
• Risk Level (from 0 to 10)
• Provider’s Action Stream
• Number of Copiers

➡️ Following or Copying a Signal Provider

You can choose between ‘Follow’ and ‘Copy’ a signal provider:

• Follow’ means you receive information about new trades without investing any funds.
• ‘Copy’ means new positions are automatically executed with real funds in your account.
• You can ‘Stop Copying’ any provider with a click, but in that case, you must close existing positions manually.

🔘 Selecting a Copy Method

When you decide to copy a signal provider, you can choose between two copy methods:

• Allocate Equity Method
• Copy Fixed-Size Positions (in lot sizes)

Note that in both cases, the CopyKat system automatically recognizes:

• Your equity and leverage
• The signal provider’s equity and leverage

Copy-Trade Example

(1) A trader starts to copy a signal provider:

 Signal provider holding $20,000 in his trading account

 Trader holding $2,000 in his account

(2) The signal provider executes a trade worth 2 lots on EURUSD:

 2 lots EURUSD ($200,000)

 The signal provider uses 10:1 trading leverage ($200,000 trade based on $20,000 equity)

(3) The same trade is copied by the trader, as follows:

 Leverage will remain the same (10:1)

 The size of the position will be $20,000, or else 0.2 lots ($2,000 x 10:1 leverage)

🏁 Sirix CopyKat Platform Review Conclusions

The CopyKat platform is an easy-to-use copy-trading solution that lets you choose from various signal providers and accurately monitor their past performance. CM Trading is a regulated broker offering segregated client bank accounts, making it a safe place to trade Forex. However, spreads are wide on Mini and Standard accounts, while Executive and Gold accounts offer much better trading terms. The minimum initial deposit for a social trading account is $250, with funding options including cards and internet wallets like Neteller, CashU, and Fasapay. A 20% welcome bonus promotion and risk-free trades are also available.

■ Sirix CopyKat Review

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