Sturdy-FX

Covesting Is A Financial Platform That Provides Automated Copy Trading And Diversified Investment Tools. It Allows Users To Replicate The Strategies Of High-performing Traders And Aims To Help Investors Optimize Returns. The Platform Covers Asset Classes Such As Foreign Exchange, Cryptocurrencies, Stocks, Commodities, And Provides Educational Resources And Market Analysis Services. Core Features And Services Automated Copy Trading (Copy Trading) Users Can Automatically Replicate The Actions Of Professional Traders Without The Need To Manually Execute Trades. The Platform Claims To Provide High-probability Trading Signals (80-90% Win Rate), Covering Foreign Exchange, Gold, Cryptocurrencies, And More. Trading Products Forex/Contracts For Difference (CFDs): Major Currency Pairs, Commodities, Indices, And Stocks. Cryptocurrencies: Mainstream Currencies Such As Bitcoin, Ethereum, Etc. Stocks & ETFs: Supports The Trading Of Stocks On Multiple Exchanges Worldwide. Account Types & Trading Conditions Multiple Account Levels (Starter, Copper, Silver, Platinum), With Different Spreads And Leverage Available: Leverage Range: 1:500 To 1:5000 (extremely High Leverage May Be Accompanied By High Risk). Spread Floating: From 8.3% (depending On Account Type). Fast Execution: The Platform Claims An Average Order Execution Speed Of <7.12milliseconds.Education&MarketAnalysisFreeeducationalresources:Onlinecourses,webinars,tradingguides.DailyMarketAnalysis:Providedbyindustryexperts,coveringmacroeconomicandtechnicalanalysis.Community&ContestsTradingContests&Promotions:Regulareventsareheldtoincentivizecustomerengagement.GlobalUserNetwork:Theplatformclaimstohave5million+investors,and13,000+activecopyists.TechnicalInfrastructureTradingPlatform:Providesself-ownedplatformandmobileendApp(supportsiOS/Android).Liquidity:Cooperateswith12+liquidityprovidersandclaimstoprocess> 12,000 Orders Per Second. Compliance And Regulatory Statement The Platform Claims To Have Global Licenses And Regulations, But Does Not Clearly List Specific Regulators Or License Numbers (further Verification By Users). High Risk Alert: Forex/CFD Trading Is Highly Speculative And May Result In Loss Of Principal. Latent Risk And Precautions High Leverage Risk: 1:5000 Leverage Is Far Beyond The Allowable Range Of Most Mainstream Regulators (e.g. FCA, ASIC Usually Limit Retail Customer Leverage To 1:30). Spread And Commission Structure: Some Account Types Have High Spreads (e.g. Platinum Account Spreads Up To 50.9%), Which May Affect Actual Returns. Lack Of Regulatory Transparency: No Specific Regulatory Information Is Disclosed, And It Is Necessary To Be Vigilant Against Platforms That Are Not Regulated By Authorities (e.g. FCA, CySEC). User Data And Market Performance (as Of Q2 2020) Coverage Countries: Customers In 89 + Countries/regions. Trading Volume: Cumulative Opening Trades 324 Million (profit-related). Execution Speed: Average Order Execution <7.12milliseconds.SummaryEvaluationCovestingprovidescopytradingandmulti-assetinvestmentservices,buttherearethefollowingaspectsthatneedtobecarefullyevaluated:Regulatoryambiguity:Lackofclearregulatoryinformationdisclosure.Extremeleverageandfees:Highleverageandspreadsmaynotbesuitableforconservativeinvestors.Thegapbetweenpublicityandreality:Somedata(suchastradewinrate)lackindependentauditverification.Recommendation:InvestorsshouldgiveprioritytoplatformsthatarestrictlyregulatedbyFCA,ASIC,etc.,andfullytestthewithdrawalprocessbeforeinvestinglargesumsofmoney.