Common questions

What is Axos social trading commission?

Axos Social Trading commission is a fee that an investor pays to a strategy provider for profitable investments. With Social Trading, strategy providers pre-define a commission rate at which investors are to share their profits for the copied strategies.

For example:

• If an investor makes a profit of USD 1 000 on an investment and the commission rate is 10%, they will be charged USD 100 to be paid as commission to the strategy provider.

Social Trading commission is credited to a Standard trading account automatically created in the strategy provider’s Personal Area for this purpose. It is called the Social Trading Commission account and these funds, once credited, can be used for trading, withdrawals, or for transferring to other accounts.

The commission rate set by a strategy provider can be adjusted later. However, the new commission rate will only be applied to newly opened investments; existing investments will remain unaffected.

Can I copy more than one strategy at the same time?

Yes, you can copy more than one strategy at a time as long as you have sufficient funds available in your wallet. These, however, will be considered separate investments.

What are the main benefits of being an investor?

Axos Social Trading has made it possible for practically anyone to join the pool of investing in Forex and enjoy the benefits. Let us take a look at the benefits of being an investor on the Axos Social Trading application:

• Earn returns on copied strategies – Even as a beginner, you can make money when the copied trades result in profits.
• Pay performance fee only when you make a profit – On the Social Trading application, you only pay a fee to the strategy provider when the investment makes profits as a whole.
• Harness the potential of experienced traders – As an investor, you can copy strategies traded by experienced traders; trades will be copied onto your investment account based on the copying coefficient.
• Choose from a wide range of strategies – The Social Trading application will display a wide range of strategies for you to choose from. You can browse them on the application and invest in various strategies of your choice.
• Extra time to learn trading – As you start venturing into the trading world, having the option of following successful traders on the application will give you extra time to learn trading.

How do I find the best strategy for me?

Understanding how and what information to look for within a strategy is essential to finding the strategy that’s right for you. Check out the various strategies on the Homepage by browsing filters such as:

• Most copied
• Recently viewed
• By currency
• Return with moderate drawdown
• Best return for 3 months
• Low fee
• New strategies
• All strategies

To copy a strategy, hit the copy icon on the strategy provider’s Personal page (or after logging in), fund your account, then select the strategy provider you are interested in.

For more information, we recommend reading about what information goes into a strategy or send us an email for assistance.