CopyTrading is one of the newest ways of investing and can revolutionize the way you invest forever. Everyone at some point has met a successful investor and wished they knew precisely how he traded to get those returns. Good news now you can, and it’s called copy trading. Many platforms like eToro, Zulutrade, and Ayondo connect investors with hundreds of traders that are available to copy at any time directly. This article will help you understand the idea and different aspect of CopyTrading.

Copy Trading is the newest investment method and an excellent option for new investors or people that lack time to invest themselves. By copy trading, the investors capital automatically “copies” every trade executed by another trader. A similar more familiar concept is putting your money in a hedge fund that is managed by another investor. However, Copy Trading allows for a more considerable amount of Traders to choose from and significantly lowers the minimum capital required.

Which Market

Initially, the Forex market was the primary investment copy trading was used for due to its high requirements of expertise and available liquidity. The recent invention of CFDs allowed for Copy Trading to expand into almost all markets and made it accessible to every investor. What started as a Forex market tool has evolved to include: Stocks, Currencies, ETFs, Bitcoin, and more.

The Traders

Most platforms have hundreds of traders available to copy from, and the majority are successful. The average trader has a mix of investments in multiple markets and uses diverse strategies to invest. On a platform like eToro traders are categorized by performance, market, and the number of people copying.  

You’re probably asking why these successful traders would let you copy them for free. The answer is they aren’t, sure your not paying them, but most platforms offer the most successful traders commission and compensation varying on their level of success.

Which Platform

Multiple platforms offer the service of copy and social trading, with each having their benefits and drawbacks.  Choosing the right platform depends on your level of experience, amount of capital, market preference and much more. We suggest checking our platform reviews and compare platform tool to see which fits you best.

Of course, there are risks, just like in any form of investing the key is to limit risk. The best way to limit risk is through education and experience which you are doing right now. It is essential to become familiar with how the platform you chose operates, its investing features, and options. Also, it is necessary to be aware of the Trader you are copying and the strategy they are implementing. Remember not everything that shines is gold, don’t get fooled by massive returns. You may like one trader a lot, but the most important thing is to diversify your capital among many many trader and assets. Finally, don’t invest and forget, occasionally check your investment to prevent massive loss and risk.

If you want to experience the platform without risk and for free open a Demo Account Zulutrade or eToro. A Demo Account allows you to invest with $100,000 of paper money with no minimum deposit or fee. You also get to be a part of largest network of investors in the world.

If you need more information do not hesitate to contact us, it will be a pleasure to assist you.
Remember that you have all the information about copy trading in our sections:

• Platforms: Information of each of the platforms of copy trading. Go to Platforms
• Guides: The best guides on copy trading. Go to Guides
• Reviews: Best reviews on copy trading platforms. Go to Reviews

AllCopyTrading Team