Today we look at strategy provider (SP) “Ongsoi”. This is the SP that we reviewed a long time ago and so far, they are still doing very well in the market. This is a high-return Strategy Provider with an average of 9.10% returns per month accompanied by a 46% Maximum drawdown.
They have been trading on Copypip for 1 year 11months, reaching a total profit of 68.39% in 2021.
Under their trading statement, you can see that this Strategy Provider sets a stop loss, which is fantastic and this helps with risk management. I will recommend Strategy Followers who want to follow this strategy provider go to advanced settings and set a “Forced Exit & Stop”. This allows you to gain exposure to the high returns this provider has while limiting the downside risk.
Besides, their average profit in pips is at 36.04 pips and the 0.7 pip fee of Copypip platform has almost no effect on SFs’ profits.
In summary, this is a strategy provider with high returns. We recommend that SFs should install a “Forced Exit & Stop” feature to protect their accounts in the event of unintended risks.
Fullerton Markets Research Team
Your Committed Trading Partner