Forex broker FxGrow has partnered with Signal Trader, an operator of a system for automatic and manual signals, to offer its auto-execution mirror system and enable clients to automatically duplicate the trades of experienced traders in their brokerage accounts, the broker said on Monday.
FxGrow’s clients can now open Signal Trader accounts with the broker and automatically execute orders based on signals generated by the traders they mirror. Signal Trader’s system enables users to automate their trading on forex, indices and commodities. The system provides statistics and performance reports to enable users to select from a number of tested professional traders. Users receive e-mail signal alerts and have a real-time view of their trading accounts.
“Increasing demand for forex trading signals and copy trading services led us to this new partnership with SignalTrader. We are delighted to now offer these additional services to our clients who will no doubt reap the benefits,“ FcGrow CEO Hassan Mazeh said. “Like us, SignalTrader have an exemplary reputation for excellence and they work only with professional traders who have a proven record for success. This was the most critical aspect for us, as we know that associating the name of FxGrow brings with it the trust of our clients”.
To promote the new service, FxGrow will offer clients a 100% welcome bonus of up to $5,000.
FxGrow is a trading brand of Growell Capital, a company regulated by the website of the Cyprus Securities and Exchange Commission (CySEC). It is also registered in a number of other EU member states, including the UK, Germany, Poland, Sweden, and Spain. The broker offers trading in currencies and contracts for difference (CFDs).
Signal Trader has also partnered with a number of other renown forex brokers, including IC Markets, FXCM, FxPro, AxiTrader, Gain Capital, and others.