CopyTrade Repetition or copying of transactions is an automatic action of trading platform, which ensures the fulfillment of trade transactions, repeating them for the rating traders of system. Simply put, you take the transaction of one of the top traders and automatically transfer it to your personal account.
Repetition or copying of transactions is an action in which trader, using one of the trading platforms, performs the reproduction of the operation on his personal account. Simply put, you take a trade of one of the top traders and transfer it to your personal account.
Unlike investing in MAM Account, here investor doesn’t transfer his funds to separate investment account. The trade is made in personal open account of the broker. Because of this scheme of actions, trader cannot fully take control about the management of his subscribers’ capital and 100% responsible for the result of work. On the other hand, it gives him the opportunity to trade with a comfortable deposit size on his home account - which, of course, positively effects on the results.
Obviously, if trader trades in an account with deposit of $ 10,000 and his subscriber holds $100 on his account, it will not be possible to trade exactly according to the system – the position size in the lots will be normal for the first and fatal for the second one. Externally, the copying of transactions is very similar to trading robots – all the same happens in an automatic mode. Moreover, often the signal providers trade with the help of advisers.
If you start trading with CredoTrade, you will learn how to choose the right traders, learn how the way of copying deals works and how to get profit from it.
Three Simple Steps
Choose one of the successful traders from the offered CredoTrade’s list
Select the options for copying transactions
Get a pro-rated profit from trading of your trader