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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.

Can you copy trade on the trading platform Binance?

Copy trading allows traders to copy trades executed by other investors in the financial markets . The goal of copy trading is for the trader to have the same positions as the investor they are copying.

Copy Trading Definition You choose an expert trader to follow, then copy their trading movements . Say trader you’re following buys 100 shares of a particular stock. As a result, you’d also buy 100 shares of that stock. If they allocate 5% of their portfolio to a specific stock sector, you’d do the same.