Copy Trading
Automatically copying positions of experienced traders — suitable for beginners.
Copy trading is a feature available on exchanges like Binance and OKX that allows users to automatically copy trades of experienced and verified traders in real time.
How it works:
•You select a "master trader" whose profile shows historical performance
•You define the amount you allocate for copying
•Every trade the master opens automatically opens proportionally on your account
•You can pause, stop, or withdraw funds at any time
Advantages:
•Passive market participation without technical knowledge
•Diversification through multiple masters
•Transparent performance data before selection
Risks:
•Past performance does not guarantee future results
•Master trader is not responsible for your losses
•Platform takes a % of profits
Check Binance Copy Trading and OKX Copy Trading for details.