Copy Trading Explained
2:08 · 7 chapters · Forex basics, part 16
What you'll learn
Copy trading explained: every trade is copied, including losses. What to check before you copy anyone.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- Your account mirrors the leader, scaled to your balance
- Key point 2
- Check track record, biggest drawdown and risk per trade
- Key point 3
- Fees: profit share, subscriptions or spread markups
- Key point 4
- Check the platform and broker are regulated
- Key point 5
- Don't chase last month's top performer
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.