Copy trading lets you automatically mirror the positions of experienced strategy providers in your own account, proportionally to the funds you allocate. When the provider opens or closes a trade, the same action happens in your account within milliseconds.
The key to successful copy trading is provider selection. Look beyond headline returns: examine maximum drawdown, the length of the track record, average trade duration and how the strategy behaved during volatile market events.
Diversification applies here too. Allocating across three or four uncorrelated strategies — for example a trend-following FX strategy, a gold mean-reversion strategy and an index swing strategy — smooths your equity curve significantly.
You always stay in control: set an equity stop on each copied strategy, pause copying at any time, and close mirrored positions manually whenever you choose.
Put it into practice
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