Frequently Asked Questions

Trading can be risky and result in losses. It's important to understand the markets and develop a trading strategy before investing real money.

We offer various account types to suit different experience levels and investment goals. Explore our account options to find the best fit for you.

Our user-friendly platform allows you to place trades easily. We offer resources and tutorials to guide you through the process.

We have transparent fee structures. You can find detailed information about commissions and other charges on our website.

Yes! We provide a range of educational resources, including articles, webinars, and video tutorials, to help you learn about trading and make informed decisions.

Copy trading allows you to automatically copy the trades of experienced traders you follow. But on Favefx it's a different ballgame as our Copy trading is super automated and unique, far more advanced compared to your regular copy trading systems. All you need is a connection code from another trader on Favefx after you have created a portfolio.

Consider factors like their trading history, risk tolerance, and investment style when choosing a copy trader. Explore their performance data and reviews.

Some platforms may allow you to customize your copy settings, such as setting a maximum trade size or risk parameters. However, taking the Copy trading route in the first place means you’re an inexperienced trader, Favefx knows this and that is why everything is automated to suite your demand and go for your goal.

Our system considers success rate of traders before approving connections. So you can have another traders connection code and still not be able to connect to their account because their success rate is below 70% and our system flagged their account ineligible for connections. As a result, how much you earn is more dependent on the size of portfolio you created and your trading capital rather than the success rate of the trader you’re connected to on Favefx.

Platforms such as this one require maintenance. We also pay our staffs adequately and it's been possible because of the little fee we charge on withdrawal upon expiration of the one month subscription. Since the earning from your connection to another trader is on a one month subscription, any withdrawal before the one month period lapses is considered premature withdrawal and may attract a fee.