What is copy trading?

Copy Trading enables people in the financial markets to automatically copy positions opened and managed by other selected individuals.

Unlike mirror trading, a method that allows traders to copy specific strategies, copy trading links a portion of the copying trader’s funds to the account of the copied investor. Any trading action made by the copied investor, such as opening a position, assigning Stop Loss and Take Profit orders, or closing a position, are also executed in the copying trader’s account according to the proportion between the copied investor’s account and the copying trader’s allotted copy trading funds.

The copying trader retains the ability to disconnect copied trades and manage them themselves.