Copy Trading is a method of trading where you automatically replicate the trades of experienced and successful traders. This allows you to benefit from their expertise without needing to analyze the markets or make trading decisions yourself. It’s especially useful for beginners or those with limited time for active trading.
Key Features of Copy Trading:
1. Automatic Execution: Trades made by the selected trader are mirrored in your account in real time.
2. Customizable Settings: You can choose how much to invest and manage risks according to your preferences.
3. Diverse Opportunities: Copy traders across various markets like forex, stocks, or cryptocurrencies.
By using copy trading, individuals can access professional strategies and potentially achieve better results, even without extensive market knowledge.