Copy Trading Translate: Understanding Symbols Between Brokers
Hey everyone! Today we want to talk about a useful feature of the copy trading platform Copiix: the copy trading translate parameter. This tool is essential for navigating the symbols used by different brokers, which can sometimes be a bit confusing.
Symbols: The Differences to Keep in Mind
Take the DAX, for example. Some brokers call it “DAX,” while others label it as “GER30.” To avoid any issues, you can set the translation parameter as DAX:GER30. If you need to translate other symbols, you can simply add them separated by a comma, like DAX:GER30, S&P500:SPX500.
Prefix and Suffix: A Small Distinction
It’s important to know that not all symbols need to be translated. For instance, EURUSD.cash doesn’t require translation, but you should use the correct Suffix. In this case, just add the appropriate suffix without changing the symbol.
If you want to dive deeper into the topic of prefixes and suffixes, check out our dedicated post here.
In Conclusion
Using the copy trading translate parameter will help you avoid confusion and optimize your trades on Copiix. If you have any questions or want to share your experiences, feel free to reach out!
Happy trading!