Copy trading platforms

Discussion in 'Forex' started by personifica_, Jul 29, 2022.

  1. Spreads will depend upon your broker. On some copy trading platforms, users can only have an account with one broker so in that case there won’t be any difference in spreads or other trading conditions.

    But I am using Zulutrade. There, users have a choice to choose from any of the supported brokers. So if the trader and the investor have accounts with different brokers who are offering different spreads then there will certainly be a difference in spreads on both accounts
     
    #41     Dec 12, 2022
  2. That depends upon the platform. Some brokers have integrated copy trading platforms so in that case I don’t think you need to create two separate accounts. But if I talk about independent platforms, then you need to register with a broker as well as open a copy trading account on the platform.
     
    #42     Dec 12, 2022
  3. Do you have any reliable platform recommendations?
     
    #43     Dec 29, 2022
  4. Lyla

    Lyla

    I usually trade on Zulutrade and have used Naga as well. Both are reliable imo.
     
    #44     Dec 30, 2022
  5. yes that are reliable than others.
     
    #45     Jan 4, 2023
  6. Reliable is a subjective term, do you consider them reliable because they offer an honest ranking of traders or do they genuinely help others make profitable trades?
     
    #46     Jan 5, 2023
  7. maxinger

    maxinger

    Is the OP still around?

    If he is not around, it means copy trading platform wouldn't work.

    And if you want to earn money,
    you cannot be lazy by copying other people's trades.
    You have to work very hard to develop your own holy grail.


    BOTs simply love forex.

    BOTs don't like futures, stocks, options.
    Perhaps they are still not intelligent enough.



    _______________________
     
    Last edited: Jan 5, 2023
    #47     Jan 5, 2023
  8. the success on copy trading depends on others , so i do not prefer this kind of trading approach , we the traders should depend on manual trading , this is the ultimate solution.
     
    #48     Jan 6, 2023
  9. Copy Trading is fine for beginner so they can learn from it but definitely need to check out if there are any suspicious about the copy trade they are copying from.
     
    #49     Jan 6, 2023
  10. FahadMd

    FahadMd

    according to me, copy trading is more appropriate for the people who are investor , not for traders at all.
     
    #50     Jan 10, 2023