Is copy trading right for You?

Copy trading has become an increasingly popular strategy among retail investors. But despite its growing popularity, it comes with inherent risks that you should consider before trading. We've prepared this guide to help you decide if copy trading is right for you. What is copy trading?

Is copy trading a smart strategy?

In a nutshell, copy trading emulates a stock market expert’s trading activity. If you think this sounds like a smart strategy, keep in mind that there are pros and cons to this approach. Here’s what copy trading is, how it works and what you can expect from it.

How do we test copy trading platforms?

We test copy trading platforms as provided by the online brokers themselves, and evaluate the overall proprietary social copy trading experience, and we test copy trading services offered by third-party providers.

What is social copy trading?

The idea of copy trading is simple: use technology to copy the real-time forex trades (forex signals) of other live investors (forex trading system providers) you want to follow. This way, every time they trade, you can automatically replicate (copy) their trades in your brokerage account. Best Forex Brokers for Social Copy Trading