#FOLLOWMEReport#

#FOLLOWMEReport#

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Our users - both traders and brokers continue to reap benefit by leveraging on FOLLOWME's unique features. Get a detailed analysis of the latest trading activity on our platform here.
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FOLLOWME Overall Activity in 2020

Read more information about the best-performing stars in 2020 on the platform in the post below!

All Reports – 2020

New faces in FOLLOWME helped subscribers gained 65,000 USD!

New faces in FOLLOWME helped subscribers gained 65,000 USD!

He Made a Profit of 200,000 USD by Only 3 Orders!

He Made a Profit of 200,000 USD by Only 3 Orders!

FOLLOWME Community Trading Overview - February 2021

FOLLOWME Community Trading Overview - February 2021

FOLLOWME Community Top Trading Report - First week of March

FOLLOWME Community Top Trading Report - First week of March

FOLLOWME Community Top Trading Report - Fourth week of February

FOLLOWME Community Top Trading Report - Fourth week of February

More

FOLLOWME Community Monthly Trading Summary

FOLLOWME Community Trading Overview - December 2020

FOLLOWME Community Trading Overview - December 2020

FOLLOWME Community Trading Overview - November 2020

FOLLOWME Community Trading Overview - November 2020

FOLLOWME Support

COMMUNITY HIGHLIGHTS - Q3 2020

The number of copy traders (followers) earning a net profit in the third quarter this year on FOLLOWME has increased by nearly 9 percentage points compared to the first half of the year, reaching 48.4%. This also represents the highest profit–to-loss ratio among the three types of traders: copy traders, traders (signal providers) and individual traders.

Among traders, profitable accounts accounted for 31.1% while the loss-making accounts accounted for 68.9%. Compared with the first half of the year, the ratio of profitable accounts has increased by nearly 10%.

On the other hand, under the independent traders’ category, the profitable accounts accounted for only 25.1%, which was significantly lower than traders. In the third quarter of 2020, the total number of trading orders in the FOLLOWME community was approximately 4.83 million, an increase of 18.6% from the second quarter.

KEY TAKEAWAY: With the on-going volatile environment, we highly recommend individual traders out there to have a risk management strategy in place and also make use of our COPYTRADE feature to enjoy a fruitful trading experience with the experienced traders and other copy traders.

If you want to get the full insights, read our latest report as featured above!

For non-commercial reprints, please attribute the source to FOLLOWME. For the commercial purpose of reprint or usage of this report, please contact FOLLOWME Branding Department to obtain the copyright. Email us at info@followme.com.

 

Major Trading Symbols on FOLLOWME from July to September

Major Currency Pairs – Changes from July to September

BROKERS HIGHLIGHTS - Q3 2020

The average percentage of profitable trading accounts of active Brokers in the FOLLOWME community was 25.5%, an increase of 3% points from the first half of the year. This is despite the fact that the average number of trading accounts has decreased 24.1% to 322 compared with the first half of the year.

A total of 233 Brokers were active in the FOLLOWME community, with approximately 15,000 active accounts and 4.83 million orders.

We are pleased to see this improvement among the brokers in the latest quarter as this will allow our users to benefit from the best traders in the industry. Among them, the profitable accounts ratio of the top five has improved significantly, and GKFX – the best in the group saw an increase of 14% compared with the first half of the year.

In the latest quarter, GKFX had the highest ratio of profitable accounts, at 41.8%, followed by FBS and Swissquote, at 38.3% and 34.6% respectively.

On another note, although IC Markets replaced the regulator in the third quarter, IC Markets has become the most popular trader among the new users on FOLLOWME Trading Community due to its low spreads. It shows that when a new user chooses a Broker, the platform spread is a very important factor.

Among them, the top 20 Brokers saw an average order number of accounts above 110, and the highest is 936, which is an increase from 760 in the first half of the year.

On top of that, we also want to highlight another significant improvement in the efficiency of the copy trade orders handled by these brokers. The total copy trade orders in the third quarter was about 800,000, of which 676,000 were opened and closed within ONE second, accounting for 84.5%, compared with 76.1% in the first half of the year, and this indicated an improvement in their order processing efficiency.

FOLLOWME FEATURES

How to Use Signal Feature

How to Use Signal Feature

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Subscribe to Trader Signals

Subscribe to Trader Signals

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Trading Account Analysis

Trading Account Analysis

Product Features

Pull-up Update

CFD markets involves substantial risk and there is always the potential for loss. Past performance is not indicative of future results. You understand and agree that there are risks associated with the use of online trading services ( COPYTRADE、FOLLOWTRADE、FOLLOWGUARD ), including uncontrollable factors such as hardware breakdown, software fault, or Internet disconnections. FOLLOWME does not held any responsibility for the communication failures, miss-transmissions or delays that occur during online trading.

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