US social trading system FX Junction said on Thursday it has enhanced client account safety with the introduction of a two-way authentication for client accounts since it has incorporated Google Authenticator.
The new service is available to all FX Junction members and the company recommends they activate it and make benefit from it. The Google Authenticator app can be set up easily on devices with iPhone, Android and Windows Mobile operating systems.
The use of the enhanced safety system aims to prevent any unauthorized access. Once users sign in, they can choose the option the system to remember the PC/ mobile/ tablet they are using for 30 days, only after which they will be required to put in the verification code anew.
The principle is simple: If you activate the 2-Way Authentication, you will be requested to enter the code generated by your Google Authenticator mobile app each time you log in to your account.
The FX Junction forex trading network was launched in 2011 and a year later it introduced auto-trading. In January 2016 the company was acquired by Slovakian fintech holding company PineByte.
FX Junction is an open social network for forex traders, where they can exchange information with fellow traders, follow and copy the trades of more experienced traders. The auto-copy function allows real-time auto-pilot copying of top traders. The company also provides brokers white-label solutions that they can offer under their own brand. It collaborates with more than 770 brokers worldwide, which clients can link their accounts to FX Junction.
Social trading platforms allow investors to trade, copy others’ trades, follow or get followed by other fellow traders. It is a good choice for beginner traders and traders without much experience.