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Multi-asset broker XS.com has announced a partnership with technology provider Brokeree to offer copy trading services to its clients. The collaboration aims to provide XS.com's users with advanced tools for informed decision-making and simplified access to complex trading strategies.
Copy trading, a feature that allows traders to replicate the strategies of experienced market participants in real-time, is particularly beneficial for novice traders and those looking to diversify their portfolios. The service includes real-time tracking and performance analytics, enabling users to monitor their investments and adjust strategies as needed. According to today's announcement to the press, XS.com states “While offering accessibility to top-performing traders, the service also enables clients to retain full control over their investments through customisable risk management settings. This flexibility ensures that each user can tailor the system to their own financial goals, fostering a personalised experience that adapts to individual risk tolerance and preferences.”
Wael Hammad, Chief Commercial Officer at XS.com, emphasised the importance of this development:
"In the highly competitive world of financial trading, staying ahead requires more than just access to markets; it demands continuous innovation and a deep understanding of our clients' needs. Our partnership with Brokeree Solutions to offer Copy Trading reflects our desire to democratise access to professional-grade trading tools. By providing a solution that allows clients to mirror the trades of experienced professionals, we are helping to create a more inclusive, educational, and potentially more profitable environment for all."
The integration of copy trading is part of XS.com's broader strategy to enhance its platform and maintain its competitive edge in the rapidly evolving financial services industry. The feature offers customisable risk management settings, allowing users to tailor the system to their individual financial goals and risk tolerance.
XS.com, originally established in Australia in 2010, has grown into a global market leader in the FinTech and online trading industry. The company holds licenses in various jurisdictions and operates offices in multiple locations worldwide, offering a range of financial products to traders, institutional investors, and brokers.
