RoboForex has launched a new version of its copy trading service integrating an affiliate programme for individuals who bring in new users through sharing strategies.

Announcing the news this morning, the broker stated the launch of its upgraded copy trading service would allow users to explore and share strategies more easily.

Through its Copy Trading Partner Program, individuals will be able to earn commissions by attracting new users through promoting a chosen trader’s strategy “without needing to be traders themselves”.

Traders using the broker will share a portion of their commission from investors with these “Copy Partners”.

The new programme is integrated with MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

RoboForex’s copy trading service  offers a performance fee of up to 50%, a subscription fee, and the option to share the strategy without any commission.

Other new upgrades to the service include a unified public strategy rating system across MT4, MT5, and R StocksTrader, allowing users to review trader performance across these platforms.

The copy trading service was initially launched in 2012 as CopyFX. RoboForex said its existing clients will retain all their current functionality while gaining access to the new features.

Douglas Abreu, regional operations manager at RoboForex, said: “At RoboForex, our mission has always been to simplify the complex.

“Investors shouldn’t waste time figuring out platforms – they should be able to find and follow the best-performing strategies instantly. 

“With these updates, we aim to make every second of interaction with our service as efficient and effortless as possible.”