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Frequently asked questions

What is Forex PANDA?

Forex Panda is a new Forex copy trade platform. We simply trade our own MASTER Account with solid profits. Now we allow you to copy all our trades in your own FOLLOW account for a profit fee. Social trading is getting more and more popular. ROBOFOREX.COM is a leading forex broker provide with an easy copy solution.

How does the copy trading work?

Forex Panda manages and trades their own money and accounts. Such accounts are called MASTER ACCOUNTS. Now Forex Panda allows you to copy all trades done in our Master account for a management fee. To facilitate such a process we use the services of a top 3 broker caller ROBOFOREX. Roboforex helps you to open your own account and to subscribe to our Master account. In addition, they provide you with a Welcome Bonus and CLASSIC BONUS of up to 120%. They also provide you with a fee VPS. Roboforex also distributes the Profit share each week (Saturday 2PM) or month, all is fully automated and hand-off.

What modes of copy exists?

We recommend you shall use PROPORTIONAL with Parameter Value= 1.0

You can choose any 1 of 3 available modes and customize a special parameter, which will help you manage your risks more efficiently when copying transactions according to the chosen strategy. The parameter must be nothing but positive, fall within the range of 0.01 to 100.00, and have a precision of two decimal places.

1. Proportional is recommend and used as preset.

Description:
Transactions from a Trader’s account are copied with the volume, which is automatically defined by the system based on the ratio of the funds (Equity) in the Investor’s and the Trader’s accounts at the moment each transaction is performed. The parameter acts as an extra multiplier applied to the volume of the copied transaction in addition to the equity ratio.

Calculation:
<Volume copied to Investor> = <Value set by Investor> x <Volume of Trader’s Transaction> x ( <Investor’s Equity> / <Trader’s Equity> )

Example 1:
Parameter value = 1.00
The Trader’s Equity = 2,000 USD
The Investor’s Equity = 5,000 USD
The Trader opens a position of 2.50 lots -> The Investor copies that position as 1.00 x 2.50 x (5000/2000) = 6.25 lots

Example 2:
Parameter value = 2.50
The Trader’s Equity = 8,000 USD
The Investor’s Equity = 2,000 USD
The Trader opens a position of 2.00 lots -> The Investor copies that position as 2.50 x 2.00 x (2000/8000) = 1.25 lots

2. Classic – NOT RECOMMENDED

3. Fixed – NOT RECOMMENDED

Why do I need to pay a profit fee?

It’s simple. No money now honey. But seriously, somehow it became industry stand to share profits 50/50. As we proactive managing the funds, pausing the trading during news, optimising settings from time to time and many more. Or simply because of our expertise to make profit for you.

Do I need to use ROBOFOREX.COM broker?

Yes, you need to use this broker, as they provide such social trading service (COPY TRADES). All accounts and funds are under your name and control. You are a direct client of ROBOFOREX.COM. We are also a client of ROBOFOREX.COM. Only that we are registered as an approved COPYFX Trader. All is regulated and we both can assure all processes are fully automated.

Can I subscribe to more than one strategy?

Yes, you can diversify your funds over all our trading strategies. And if you like one more than the other you can top up funds at any time. You also can continue your manuel trading and still subscribe to FOREXPANDA.NET. Diversify your funds is always a good idea.

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