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It is not recommended until all trades have closed as it can increase the risk on your trading account. Trades are opened based on the level of equity in your trading account. Reducing the equity whilst trades are open means you carry a higher risk.
All our Copy Trader strategies are run with BlackBull Brokers.
Our trade history before BlackBull Brokers was with other forex brokers who do not offer Copy Trader services. This history is not able to be transferred over.
Further, the history on these accounts does not reflect the way our bots run now as they were run with higher draw downs and changes were made to test the bots and the strategy over this 5 year period.
Each of our strategies details the minimum investment requirement. If you invest with less funds it means your account will carry more risk. For example if the draw down on the strategy is 10% and your only invested half the amount of funds, your investor account will have a 20% draw down. We have setup parameters on our Copy Trader strategies so the minimum equity must be invested to follow the strategy.
No. You can setup your investment account in the currency of your choice.
One of the reasons we use BlackBull as our broker is they allow accounts to be opened in the currency of the traders choice.
So if you want an AUD, USD, EUR etc account, BlackBull can accommodate you.
This means you do not have to be concerned about currency risks when depositing and withdrawing your funds.
The Copy Trader will recognise a different currency trading account is following the strategy and will ensure trades are opened in accordance with their investment.
If you have any other queries, please do not hesitate to make contact.
Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.
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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.