London (PRWEB UK) 27 May 2013
The Bank of England rate decision on the 9th May is a perfect example of how FX Copy can provide novice and experienced traders with valuable information which will help them trade around important announcements.
With this announcement the BoE voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5% and also voted to maintain the stock asset purchases financed by the issuance of central bank reserves at £375 billion.
For traders, deciding what trading to carry out before, during and after this announcement can be tricky.
Help from Top Traders
FX Copy is social network for forex traders which ties into Meta Trader 4 and offers Vantage FX UK traders the opportunity to share information with their peers and to see how top traders are trading. Specifically FX Copy allows traders to:
Connect – Meet, interact and share trades with others
Copy – Copy the trades of top performers in just one click
Learn – Learn from others’ successes
Analyse – Monitor trading performance using free tools
Evaluate – Choose which traders to follow using stats and historical analysis
Exhibit – Display their own successful trade activity to help others
When announcements such as the BoE rate decision are coming up, FX Copy offers traders access to a wealth of information and advice that can make the difference between a good trade and a bad one.
Find out more about FX Copy and sign up for a Meta Trader 4 account with Vantage FX UK today!
About Vantage FX UK
Vantage FX UK is an internationally recognised Forex broker based in the City of London, providing foreign exchange trading services to clients in the UK, the EU and the rest of the world.
What sets forex brokers Vantage FX UK apart is their wide range of services and outstanding level of customer support. The company strives to provide an intuitive, interactive Forex experience by continually innovating and taking advantage of the latest trading technology, such as MetaTrader 4 and Expert Advisors as well as offering handy tools such as a forex market calendar. Get a free fx demo account today!