Registration
/login Now

Copy Trader.

What is Copy Trading

Copy trading is a technique for automating your trading by replicating the transactions of other traders. It is frequently employed by newcomers who do not yet know how to trade, and it has the extra benefit of helping to teach them along the way. Because all trades are automated, more experienced traders may be able to move away from their screens if necessary.
We provide our traders with an outstanding copy trading approach that allows you to mimic the trades of more experienced traders after reviewing their outcomes and statistics. 

a close up of a computer screen with a chart on it

Advantages of Copy Trading

01

First time traders can familiarize themselves with the financial markets and gain the confidence to trade.

02

New traders can learn how to trade, by watching the actions of other, more experienced traders.

03

Traders can participate in the market, even when they are too busy, and not able to invest the time and research they should normally devote to trading

04

You can copy trades on a huge range of instruments, including currencies, commodities, indices, stocks, and more

Why Has Copy Trading Become So Popular?

Copy investing, or mirror trading has become very popular with investors worldwide, mainly because many early adopters have had enormous success and were able to boost their trading skills and profitability with zero effort. Copy trading enables novice investors to do just that. They don’t need to know how to analyse the markets or how to interpret Infinity Orbit Invests or indicators.

Novices are using other investors’ abilities and thus increasing their own success rates. Also, copy trading can be used by experienced traders too, as a way of learning new trading strategies from others, and by that, increasing their success in the online trading market.

If you would like to start investing in the stock market but do not have a lot of experience, or you are a seasoned pro who would like to gain insight into the analysis of others, using copy investing/mirror trading could be an excellent place for you to begin. 

The Rise of Copy Trading

To begin we need to establish that there are two main types of traders, those who attend seminars, attempt to compile strategies, follow all market trends, and end up paying ‘expert-trading-fees’. Then you have others that want to make money with as little input and effort as possible. For the latter, mirror or copy trading was created and has suited many as the perfect solution.

The growth of copy trading in the past 5 years has been exponential. The main reason is that many traders ‘trust’ this system and have a comforting feeling knowing that they are not trading alone.
Copy trading is not only for the inexperienced, as a lot of expert traders also use copy trading as a means of market research. It saves time and could be part of a new strategy that can be implemented and potentially profitable (although not always). 

Social Trading vs. Copy Trading

Copy trading is considered to be a form of social trading, but the two trading methods have some differences.
Copy trading ties up your account with another trader in that their positions are automatically replicated in your account. If they generate profits, you win; and if they lose, you do too. Copy trading is more passive because the trader does all the work you are copying. In most cases, the process is entirely automated.

However, some platforms and copy trading apps are semi-automated, as you are only limited to deciding which trades you wish to copy. Copy trading is generally ideal for beginner traders as it allows them to trade way beyond their level of experience or expertise. Some of the significant downsides of copy trading are that it inhibits learning, and traders can suffer losses if they follow unsuccessful traders.

On the other hand, social trading is a broader strategy that incorporates social media into investing. The focus is on the community, with traders able to interact and share and get notified of each other’s trading activities.

Some of the features that a social trading platform may include are message boards and chatrooms to share trades and talk about strategies, and customizable social news feeds that update investors on the activities of their favorite traders.

Social trading allows investors to learn and contribute to the community. It provides access to numerous investing resources. 
Both social trading and copy trading are useful trading strategies. It is, however, essential to select a strategy that suits your trading needs and preferences at any given time.

Focused Professional Man using Laptop

How to Successfully Copy Trade

Here are the steps you should take to copy trade.

01

First, you will need to select a broker to partner with. Choose a regulated broker like Infinity Orbit Invest that offers you security, a wide selection of assets, and dedicated customer support.

02

Now it’s time to open an account on an automated trading platform. This can be done from your browser or mobile device.

03

Once your account is active, you will see a list of traders along with their stats. This usually includes P&L and risk profile. Select the person/people that best suit your objectives