
Frequently Asked Questions
BBCapitalz provide prompt and precise response to all inquiries.Here are detailed answers to most frequently asked questions.
Have more Questions? Do not hesitate to reach out via Live-Chat
What is copy trading?
Copy trading is a method of investing where individuals replicate the trades of experienced traders, allowing them to potentially profit from their expertise and market insights.
Are there risks involved in copy trading?
Yes, like all investments, copy trading carries risks, including the possibility of losses. That's why at BBCapitalz we implement a professional money management plan to safeguard your assets.
It's also crucial to conduct thorough research and understand the realities of trading. For this reason, at BBCapitalz we have educational videos,content and resources on our social media channels enlightening and preparing you for copy-trading.
WHo is copy trading for?
Copy trading is very much suitable for beginners as it allows them to emulate the strategies of experienced traders, while expert traders can also benefit from copying others to diversify their portfolio and gain new insights into different trading approaches.
What steps must i take to get started with the Collective model?
1. Find a signal (master account) in the Copy-Trading Homepage
Check out each signal (master account) performance,detailed metrics, asset class, asset allocation and more. Find the one(s) for you here. Move to step 2 if your investment amount is less than the minimum deposit required. Check here for minimum amount for each master account.
2. Enroll For an Account
Contact us via Live Chat to deposit your funds with us. Minimum deposit amount is $200. Deposits are only accepted at the end of every month from the 20th till the last day of the month and trading starts at the beginning of the next month.
3. Track the Master trading Account
Upon confirming your deposit, you will receive your BBcapitalz dashboard login details. This dashboard provides full visibility into the activities of the master account where your funds have been allocated.
What are the risks involved with the collective model?
Yes, there are risks associated with the collective model, primarily related to the potential loss of funds. These risks can be categorized into two types: external risks and internal risks.
To mitigate these risks, we require participants to only deposit an amount they are willing to lose, which should be no more than 10% of their intended capital. Since the minimum deposit is $200, your 10% deposit must be at least $200. It's essential to understand these risks before proceeding. For a detailed explanation of the two types of risks, please refer to this link.
To mitigate these risks, we require participants to only deposit an amount they are willing to lose, which should be no more than 10% of their intended capital. Since the minimum deposit is $200, your 10% deposit must be at least $200. It's essential to understand these risks before proceeding. For a detailed explanation of the two types of risks, please refer to this link.
What steps must i take to get started with the solo model?
1. Find a signal (master account) in the Copy-Trading Homepage
Check out each signal (master account) performance,detailed metrics, asset class, asset allocation and more. Find the one(s) for you here for you to follow.
2. Open a brokerage account and deposit your investment amount
Open an account with a broker based on your desired master account asset class and deposit your investment amount. Note:(master account's asset class and brokers can be found in the copy-trading homepage). There are in depth tutorial videos on our YouTube channel on how to go about this.3. Enroll for an Account
Contact us via Live Chat to access your BBCapitalz Copy-Trader dashboard where you can start copy-trading seamlessly.Enrollment for new clients is open only from the 20th to the 31st of every month.4. Connect your trading account
You have to follow a signal to connect your trading account in your dashboard, please utilize the trading account ID and password provided in your client area with your broker. This will allow you to link your MT4/MT5 account to your investor dashboard.Watch this short video on how to go about it.5. Create a copier
When creating a copier for your trading account, you will need to confirm the copier settings and ensure they are accurately configured based on the ratio of your account size to that of the master account you want to auto copy. Please review this instructional video for additional insights on the setup process.6. Start earning
Alright, all the hard work is done, time to kick back and let the money start rolling in! But don't forget to occasionally peek in on your trading account status through your investor dashboard. Gotta make sure everything is uptight.How does withdrawal work with the collective model?
Clients in the Collective Investment Model can request withdrawals under the condition below:
Minimum Deposit Requirement: Clients can fully withdraw their investments after their capital have reached the minimum deposit requirement for. This policy encourages investors to build sufficient capital for effective copy trading.
Additional Information:
After any withdrawal, clients will not be eligible to rejoin the Collective Investment Model for a period of three months.
Once investors reach the minimum threshold, they will receive an email notification indicating that they are eligible for the withdrawal phase.
The joint account consists of contributions from multiple investors.
We advise all participants to adopt an emotionally detached approach to trading.
Only invest amounts you are comfortable with potentially losing.
Minimum Deposit Requirement: Clients can fully withdraw their investments after their capital have reached the minimum deposit requirement for. This policy encourages investors to build sufficient capital for effective copy trading.
Additional Information:
After any withdrawal, clients will not be eligible to rejoin the Collective Investment Model for a period of three months.
Once investors reach the minimum threshold, they will receive an email notification indicating that they are eligible for the withdrawal phase.
Important Considerations:
The joint account consists of contributions from multiple investors.
We advise all participants to adopt an emotionally detached approach to trading.
Only invest amounts you are comfortable with potentially losing.
How does BBCapitalz ensure trader reliability?
BBCapitalz assesses traders based on their historical performance, consistency, and risk management strategies, providing you with a selection of reliable traders with a proven track record to auto-copy.
Is there any fee associated with the copy trading service ?
For the Solo Model, there is a cheap and cost-effective $15 monthly fee per account added on the platform, ensuring that we can sustainably maintain and enhance the copy trading services provided, along with a 30% performance fee on all profits generated on each account added.
For the Collective Model, there is no monthly fee at all, just a 40% performance fee on all profits made on your deposit amount.
Why is there a monthly fee For The Solo model?
Simple, BBCapitalz maintains a connection with your trading account 24/7, waiting for any trades from the master account that will be replicated and ready to be executed on your trading account within a few milliseconds. If we do not maintain a connection 24/7, this would not be possible.
With this, comes costs, the trading terminal runs in the cloud, every account we connect is a new terminal connection that we must maintain, without the correct pricing we could not offer the exceptional service we do.
With this, comes costs, the trading terminal runs in the cloud, every account we connect is a new terminal connection that we must maintain, without the correct pricing we could not offer the exceptional service we do.
What happens if I don't pay the monthly fee
Simple, If for any reason you fail to pay the monthly fee, then your trading account will be temporarily removed from the company's database. And when you pay again,it will be added back.
What happens if I don't pay the Performance fee
Note, if for any reason you fail to pay the performance fee or you pay it partially,then a reminder email will be sent to you, but if it's to no avail, then your account will be Permanently removed from the company's database and LEGAL ACTION will be taken.
If for any reason you are having issues with withdrawals and payments, don't hesitate to reach out. We are one chat away.
Is there a minimum investment Amount required for copy trading?
Yes, For the Solo Model, there is a minimum investment requirement per master trader to start copy trading. Specific amounts can vary, so it's best to check the copy-trading homepage for the latest details. Click here to check
Whilst for the Collective Model, the minimum deposit amount is $200.
How can I choose which trader to copy?
To choose which traders to copy, start by reviewing their performance metrics, including historical returns, risk levels, worst trade, best trade, win rate, loss rate.
The goal is to use these data calculate each trader's expected profitability potential.Watch this video on how to do that.
Additionally, consider factors such as the investor’s trading frequency and market expertise to ensure their style aligns with your investment goals.
What is a LOT multiplier?
Lot Multiplier is a risk type settings that determines how the Master’s Trade size will be copied to your trading account. Please note that Lot multiplier is a mandatory setting for the trades to copy.
Watch this VIDEO for more in-depth explanation.
Which brokers do you support?
BBCapitalz offers a cloud-based copy-trading platform designed for High-Frequency Trading to manage multiples accounts and support any Forex and CFDs brokers around the globe.
We also support all brokers. If you have a broker that is not on our list yet, please don’t hesitate to contact us via Live-Chat. We can add them for you.
We also support all brokers. If you have a broker that is not on our list yet, please don’t hesitate to contact us via Live-Chat. We can add them for you.
What specific expertise do the professional traders possess?
The professional traders at BBcapitalz possess a diverse range of expertise in the financial markets. They have in-depth knowledge and experience in areas such as technical analysis, fundamental analysis,trading psychology, risk management, and market trends. Additionally, they stay updated with the latest market developments and employ sophisticated trading strategies to maximize returns while managing risk effectively. Their expertise allows them to make informed decisions, identify profitable trading opportunities, and adapt to changing market conditions.
Can I pause or stop copying a trading account at any time?
You can pause or stop copying a trading account at any time, but we advise against it to prevent missing out on potential profits, as well as to remind you of the risks involved in trading and the importance of maintaining an emotionally detached approach by investing only what you are willing to lose.
And note, regardless of you removing your account from your dashboard, all trades that have been placed on the account are all saved and recorded,so if there is a profit, you will be charged regardless.
Can I copy multiple master trading accounts on one trading account simultaneously?
Clients should avoid copying multiple master trading accounts to one slave account simultaneously to adhere to the company's risk management plan and prevent potential account blowouts caused by excessive exposure and lack of diversification.
Can i customize my portfolios
Yes, you can customize their portfolios. This flexibility allows you to adjust your investment allocations, select specific traders to follow, and tailor the trader's strategies to align with your risk tolerance and financial goals.
Should I log into my trading platform with my trading account login details
To prevent unauthorized trading activity, it is important that you do not log in to your individual trading account on any trading platform (MT4 or MT5). Instead, only the master account alone should be able to place trades on your account.Not even you yourself.
Can I copy trades to another of my accounts elsewhere?
Under no circumstance should ANY trades taken by our algorithms be copy-traded onto alternative accounts as bound by our agreements and risk mandates. If found doing so, your accounts will be TERMINATED and partnership with BBCapitalz will be suspended as it is an infringement on our agreement and Intellectual Property and we will absolutely take legal action. We take only a 30% profit split , if you're copy-trading externally without our explicit permission, then it is not in our interest to provide our services to you as a client.
How can I track the performance of my copied trades?
Clients can track the performance of their copied trades by logging into their copy trading dashboard through their browser.
Is my personal and financial information secure on the copy-trading platform?
Clients' personal and financial information is kept secure and protected on the copy trading platform through robust encryption protocols, strict privacy measures, and adherence to data protection regulations, ensuring confidentiality and peace of mind.
Can I copy one master trading account on multiple trading accounts simultaneously?
Yes, but if it's for the same asset class, it is recommended to fully fund a single slave account before adding additional accounts to minimize associated monthly fees. However, the optimal approach is to concurrently connect multiple slave accounts to multiple master accounts, for diversification and maximizing trading opportunities and potential returns.
How often are the trading accounts' performance statistics updated?
The trading accounts performance statistics are regularly updated in real-time, providing users with the most up-to-date information on the performance of their copied trades and trading accounts.
Is there any age requirements to start copy-trading?
Yes, the minimum age to participate is 18 years.
How many accounts can i connect to my copy-trading dashboard?
UNLIMITED.
is there a mobile app?
Currently, BBCapitalz only offers a fast and effective web-based platform, allowing clients to engage in copy trading and monitor their investments on the web. But we intend to incorporate mobile apps in the nearest future.