📢 Performance fees and minimum copying amount settings now available on our copy trading platform, with the minimum follow amount reduced from $500 to $250!
Copy Trades in a Click
Mimic the strategies of the best traders and enhance your trading porfolio
Our Ranking system is based on MMR (Money Management Ranking) - An advanced algorithm that considers profitability, risk management, stability, risk-adjusted returns, draw-down levels, and longevity when ranking contenders.
Copy trading is a form of trading where a trader copies or replicates the trades of another. Novice traders or amateurs can copy the trading strategies of experienced traders in real time with the aim of making trades on their own through a trading platform that connects both traders.
Our copy trading platform allows you to search for traders to follow and replicate the trades of the trader(s) you select. This means that when the copied trader makes a trade, the same trade is created in the copy trader’s account.
Copy trading is a way for novice traders to learn from other traders. However, it is important for copy traders to thoroughly research and understand the performance and trading strategy of the traders they are following.
How does copy trading work?
First, you subscribe to a signal by clicking 'Copy Trade.' Then, once the signal provider places an order, the system will automatically copy the trade in your account based on your account balance's proportion using the corresponding copy trade lot size.
The copy lot size ratio refers to the ratio of the lot size of the copied order to the signal order. If the copy lot size ratio is 2, for every 1 lot placed by the signal, the copy account will place 2 lots.
The calculation of the copy lot size ratio is as follows: Divide your balance by the signal provider's balance. For example, if your current balance is $1,000 and you subscribed to a signal provider with a balance of $10,000, the copy lot size ratio would be 0.1 (divide $1,000 by $10,000). If the base currencies are different, the ratio will be calculated after currency conversion. If you have set a signal multiplier in the copy trade control panel, the copy lot size ratio will be adjusted by multiplying the balance ratio with the signal multiplier.
How does a subscription work?
1.) Select a Trading Strategy: Browse and choose a signal provider that fits your needs from our website.
2.) Pricing and Payment: Pay a monthly subscription fee and a performance fee directly through your copy trading account. If your account currency isn’t USD, charges will be converted using the current exchange rate.
3.) Automatic Renewal: Subscriptions automatically renew each month on the same date, ensuring uninterrupted access to copy trading unless you cancel.
4.) Canceling a Subscription: You can cancel your subscription anytime. The system will process settlements, including closing positions, calculating performance fees, and processing deduction, on the last day of your subscription period.
To avoid renewal, cancel at least 24 hours before the next billing date. After canceling, you can still copy or pause trades until the end of your current subscription period.
5.) Resuming a Subscription: Reactivate a subscription at any time by clicking "Resume Subscription".