Copy trading lets you follow another trader and have their positions mirrored on your account. It is a practical option if you are still building confidence in your own reading of the market.
How it works
- Browse the traders available to follow.
- Review how they have traded.
- Choose to follow, with the settings you want.
- Their positions are mirrored on your account automatically.
You remain in control throughout — following is a choice you make and can reverse at any point.
What to look at when choosing
- Consistency across many trades rather than a handful of dramatic results.
- How active they are — a very high-frequency trader is a different experience to a selective one.
- Which markets they favour, and whether those are ones you want exposure to.
- Whether their approach makes sense to you. Following something you do not understand is harder to stick with.
Copy trading is not a substitute for understanding what you are doing. The traders who get the most from it treat it as a way to learn by watching, not a way to avoid learning.
How it fits with your own trading
Many traders run both — following someone while continuing to place their own trades. That gives you something to compare your own decisions against, which is genuinely useful when you are working out what suits you.
Getting started
If you are new to the platform, spend some time on the demo account first so you understand what you are looking at when you review a trader's activity.