Another key metric that we like when selecting a copy trader is that of the average trade duration. This is because you can assess the specific strategy that the trader takes. For example, you might want your chosen trader best cryptocurrency platform to have made at least 30% over the past two years. In entering your requirements, eToro will only show you traders that meet this criterion. The only way to do this is to look at the trader’s historical performance.

We recommend checking if the broker or platform offering copy trading services is regulated in your country and hold reputable licenses for funds safety. There may be more of a learning curve, but you get to choose what risks you take, and for better or worse, you’re responsible for your trades. The price the trader chooses to close out a live trade in order to limit your losses if the market moves against you. FXTM offers the industry’s leading FX trading platforms MT4 directly on your PC, MAC, mobile or tablet so that you can trade at your convenience whenever and wherever you like.

Step 2: Deposit Funds

We also encourage all users to utilize our Two-Factor Authentication (“2FA”) service which secures access to your account. We are a new cloud-based automated trading platform that enables non-emotional algorithmic decisions. For cryptocurrency investors who must monitor their positions 24/7 in a highly volatile environment. If you are a trading expert, register as a partner, and let’s grow business together!

CTrader is a complete trading platform solution for Forex and CFD brokers to offer their traders. The platform is packed with a full range of features to cater to each and every investment preference imaginable. CTrader is a leading multi-asset Forex and CFD trading platform, offering rich charting tools, advanced order types, level II pricing, and fast entry and execution. With a stunning user interface, it’s connected to the most sophisticated backend technology, and made available on multiple devices.

Copy Trading Guide

Jeremy Harshman is a creative assistant at CreditDonkey, a crypto comparison and reviews website. Write to Jeremy Harshman at Follow us on Twitter and Facebook for our latest posts. In other jurisdictions, they also offer stocks, commodities, ETFs, Forex, and CFDs jurisdictions.

• It is one of the few apps available that has the full functionality of its desktop counterpart.
• This is automatically determined by the eToro algorithm – based on series of metrics.
• If you decide to use one or many filters, you need to hit the ‘apply’ button after making your selections.
• In other words, it is a strong sign that they like to take big risks in trading.

You are then able to delve into the copy trader’s profile for more detailed information. Performance – Find investors based on return and profitable months. Heloise holds an MBA degree from Oxford University and specialises https://www.forex-ratings.com/forex-brokers/primexbt/ in trading stocks. Jeppe is another one of the most copied traders on eToro with 8,360 copiers on the platform. In 2019, Jeppe had an impressive return percentage of 45.55% and was mostly in the green month-on-month.

How to use autocopy with NAGA?

AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider https://www.forex-ratings.com/forex-brokers/primexbt/ your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website.

For example, if the trader should suddenly decide to sell all shares in HSBC, then, of course, your HSBC shares are sold as well. And the other way around, if the trader decides to buy shares in Microsoft, you have Microsoft shares too. 40% of the copy trading portfolio is in DHL Shares, totalling £1600. 40% of the copy trading portfolio is in Halifax Shares, totalling £1600.