Vantage Markets Lowers Its Minimum Copy Trading Deposit Requirement to Attract Users
Vantage Markets Users to Start Copying Trades With as Little as $50
After conducting research over the past few weeks, leading brokerage firm Vantage Markets has reported that almost 50% of its users do not know how copy trading works and would love to learn more about it.
In response to the research findings, Vantage Markets has decided to reduce the required minimum deposit to $50 from $200. According to the broker, the move will lower the barrier for users to explore the platform’s copy trading service and even adopt it as a trading strategy.
Further, the research report shows that some Vantage Markets users who are already using the broker’s copy trading feature are not satisfied with the available educational materials. As such, the trading platform has announced plans to add more copy trading user guides and start a training program soon.
Meanwhile, Vantage Markets Marketing Director Lian Jie says copy trading offers users an opportunity to expand their portfolios. He urges novice traders to embrace this strategy as it allows them to make profits without vast trading experience.
Copy Trading on Vantage Markets
So, how do you copy trades on Vantage Markets? The process is simple. Firstly, you need to be a verified user, meaning you must complete the KYC checks. Once you have access to your account, fund it with at least $50 and go to the copy trading section. Select a lead trader who matches your investment strategy and allocate the required copy trading capital. Press “Start Copying” to replicate their trades.
It is worth mentioning that even though copy trading is an ideal strategy for novice traders, it doesn’t guarantee profits, which is why Vantage Markets emphasizes investing what you are willing to lose.
About Vantage Markets
Vantage Markets started its operations in 2009. Initially, the brokerage firm only served the Australian market but has, over the years, expanded into over 30 other countries. It is regulated by the Cayman Islands Monetary Authority and the Australian Securities and Investments Commission.
Before downloading the Vantage Markets trading app, check whether the broker operates in your country.