Synchronized trading - a perfect tool from Liteforex (ex. Mayzus) to synchronize trading and maximize the trading potential.
How it works:
There are two groups of clients – "Master Account" owners and "Investor Account" holders.
"Master Account" owners conduct deals on their trading account, and these deals can be duplicated on the "Investor's Accounts".
The volume of deals copied from the Master Account to the Investor's Accounts is opened in proportion to the free funds available on both the Master Account and the Investor Account, and set balance allowance on the Investor Account.
Let's take a look at an example of a Synchronized Trading scenario:
John has been a successful trader with Liteforex (ex. Mayzus) since he joined in January 2013. In June, he invited 5 friends to share his success. John converted his "Trading Account" into a "Master Account". His 5 friends, Peter, Steve, Tony, Ashley and Melissa converted their Trading Accounts into "Investor Accounts". While John opens Margin trades in his Master Account, they are copied simultaneously to all 5 Investor Accounts, proportionally to the Account balances, and balance allowance*.
Master Account owners will receive commission at a rate specified in their Partnership Agreements for each conducted deal, subject to Partnership Agreement, that was synchronized with their Master Account.
Investors in this case can receive the signals for opening automatic deals without even starting their trading terminals! Investors can unsubscribe from the Master Account at any time, as well as they can continue to open and close their own deals at any time within the trading sessions.
*Please read full Terms and Conditions for both "Master" and "Investor" Accounts before signing up for the service. There are certain trading risks involved. You can get familiar with Liteforex (ex. Mayzus) Risk Disclosure here.
Liteforex (ex. Mayzus) provides this content/feature as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by Liteforex (ex. Mayzus); nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies featuring as SyncTrading solution. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, choice whether to join or to terminate the Sync Trading feature on his/her trading account and monitoring of the trading activities under SyncTrading feature. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.