How to Copy Expert Trades on Your Trading Platform

Are you looking to start copy trading but unsure where to begin? This step-by-step guide will show you how to copy trades from signal providers using your trading platform. Follow these simple instructions to easily set up your copy trading and begin replicating expert trades in just a few clicks.

Step 1: Set Up Your Copy Trading Account

Before diving into copy trading, ensure that you have a copy trading account set up. If you do not yet have an account, check out our previous video tutorials on how to create one. It’s a quick and easy process, and once you have your account ready, you can proceed with copy trading.

Step 2: Log In to Your Client Portal

Once your account is ready, log in to your client portal. From there, navigate to the Copy Trading section and click Discover. This will take you to the list of signal providers available for copy trading.

Step 3: Browse and Select a Signal Provider

In the Discover section, you will see a variety of signal providers. Each one has its own trading style and strategy. Take the time to review their portfolio to find one that matches your trading goals. Once you’ve found the signal provider you want to copy, simply click on their name to view their details.

Step 4: Start Copying Trades

To start copying, click the Copy button at the upper right of the signal provider’s page. This will bring up the copy settings menu, where you can adjust your preferences.

Step 5: Adjust Your Copy Settings

Now it’s time to customize your copy trading settings:

Equivalent Margin: If you choose this option, your risk will be proportionate to the signal provider’s risk.
Fixed Lot Size: This option allows you to set a specific lot size for every trade you copy. If you set it to a fixed lot, this lot size will be used each time.
Fixed Multiples: This is a multiplying system for the lot size. For example, if the signal provider opens a trade with 2 lots and you’ve set your multiplier to x3, the copy will reflect 6 lots.

If you’re unsure, it’s always safe to leave these settings at their default values until you become more comfortable with copy trading.

Step 6: Set Your Investment Amount

For copy trading, there is a minimum required amount of $50 to invest. Set your desired investment amount, keeping in mind that this will be the amount used when copying the signal provider’s trades.

Step 7: Set Stop Loss and Take Profit

It’s important to set your stop loss and take profit levels:

Stop Loss: Set a percentage at which you want to automatically stop copying trades if you reach that loss limit. For example, if you set it to 30%, your account will automatically disconnect from the signal provider once the loss hits 30%.
Take Profit: While this option is not always necessary, you can set a profit limit where the copy trade will automatically stop when you reach your target.

Step 8: Lot Round-Up and Copy Open Trades

Lot Round-Up: It’s advisable to tick this option, especially if you want to ensure that your trades are rounded to the nearest lot size.
Copy Open Trades: If you want to copy all of the signal provider’s open trades, make sure this option is checked. If you prefer to only copy new positions, simply uncheck it.