Earnex Exchange
How to start with it
About Earnex Exchange
Investing and trading on the financial markets have become a popular way of making money - both an extra income or a primary source of earnings. However, learning how the markets work and mastering the skills of building trading strategies can be a lengthy process that takes years.
Most of the participants don't have the time or the interest to become professional traders, and often they are discouraged by the many technicalities involved in trading. To their aid, a team of finance experts with more than 50 years of combined experience has created a cutting-edge platform where they can connect with top traders, simply copy their strategies and share the potential profits.
Earnex Exchange is free to join, and you don't need to have a single day of experience in investing or trading to use it. In this article, we will provide you with a step-by-step guide on how to start with the platform.
Visit Earnex Exchange - earnexexchange.com
A Little Introduction - What Is Earnex Exchange?
Earnex Exchange was developed to bridge the knowledge gap between advanced seasoned traders and investors with little or no experience by introducing them to an environment where they can connect in a mutually beneficial partnership.
Professional traders share their trading strategies while the investors, like yourself, can simply copy these strategies onto their own accounts and share the potential profits.
As we mentioned, Earnex Exchange is developed by a team of financial experts and supported by the latest technology in the industry. The platform is user-friendly and easy to navigate.
How To Start With Earnex Exchange?
As a new user, you will first need to register with a user name and password. To do that, on www.earnexexchange.com, select REGISTER and follow the steps.
Any procedure connected with finance requires you to present your name, address, and some form of ID verification, so this one is very similar.
Once your registration is confirmed, you can log in with your name and password and start your Earnex Exchange experience.
Where To Go After?
To explore the opportunities provided by Earnex Exchange, we believe it is best to head on to the Leaders Board.
The feature is developed to assist the investors in the selection of traders and strategies to copy.
To make the process as easier as possible, all traders are lined in several categories:
- Top 10
- Editors Choice
- Legendary
- Star Traders
- Professionals
When you open the selected category, you will see the traders listed with short profiles, presenting their names and where they are from.
You can also see additional info such as their Average Monthly Performance, Absolute Gain and Maximum Drawdown.
If you wish to have a detailed look into each trader profile, simply click on their name.
The information displayed includes an in-depth presentation of their trading strategies.
You can monitor the ROI of the strategy, Live Profit, Number of Investors and track the strategy's historical performance daily, weekly or monthly.
All these details help you make your informed decision on each strategy answer to your investing needs best.
Still, for inexperienced investors, this technical information could be a bit overwhelming to start with.
Therefore, the team at Earnex Exchange have developed a feature called Badges. They are given according to different criteria.
Understanding Badges
Traders are moving up and down on the Leaders Board based on their trading performance. This trading performance is illustrated by the Badges they are given.
The trading performances are assessed according to five measurements - Risk Level, Drawdown Level, Asset Under Management, Number of Copies and Best Monthly Performance.
Based on the results, traders are given different coloured Badges - Bronze, Silver, Gold and Platinum, where the Bronze represents the minimum level, and the Platinum badge is the highest one.
One trader can have different coloured Badges for various criteria. For example, a Platinum Badge for Risk Level and a Gold Badge for Asset Under Management.
Badges are an excellent feature that makes selecting a suitable trading strategy intuitive and easy for even complete beginners.
Don't Forget The Risk Management
An important step in your Earnex Exchange journey is understanding the importance of managing your Risk Level. This will enable you to take a more balanced decision when copy different trading strategies.
Risk Level can be adjusted at any time, on a new strategy that you wish to add to your account or on an already added one. There are three parameters you can manage with your Earnex Exchange Risk Level Tool.
- Take Profit or Take Profit Order - enables you to select a specific price point where you wish to stop the trading on your account. This Risk Level Tool is used when investors wish to secure some profit and could be very helpful for beginners, as it will provide them with some security and boost their confidence.
- Stop Loss or Stop Loss Order - as the name suggests, this Risk Level Tool allows you to set a limit on the funds you're willing to risk when copy a specific strategy. This is an essential parameter, and it is vital to adjust it according to your own personal requirements, thus avoiding the danger of significant capital loss.
- Multiplier Index - another tool developed with the needs of investors in mind. It enables you to control various risk factors at once. Technical parameters like a fixed lot, balance, equity, equity risk percentage and balance risk percentage can be hard to comprehend. With the Multiplier Index, you can adjust them at the same time in one simple bar.
Copy The Selected Trading Strategies Into Your Trading Account
After adjusting the Risk Level variables, you are ready to add the selected trading strategy to your account. If you haven't opened a trading account yet, you can do that by visiting the reference section on the website.
Once you add the strategy, the platform will automatically start trading on your behalf. You don't need to do anything else. You don't even have to online all the time. In fact, most of the investors visit the platform once a day or every other day. Naturally, if you wish to monitor the process, you can log in at any time.
Don't forget that you can also adjust the Risk Level parameters on each strategy and add or remove strategies whenever you wish. To withdraw gained profits, you need to select a preferred method from the ones listed and select time and day within working hours, Monday to Friday.
Suppose you are an investor with non or little experience in the financial markets, searching for an opportunity to take advantage of the available profit potential. In that case, Earnex Exchange could be the right solution for you. As you've seen, it is easy to join and requires only a few steps to start exploring a wide range of trading strategies that match your investment goals.