If you just started trading Forex or thinking about giving it a go, you may be trying to get your head around how it all works.
Technical or fundamental analysis? Which pairs to trade? What’s the best position size for your account? When to enter and exit a trade?
These are questions that all new traders have, and if you are one of them, you may find it difficult to get the right answers.
Copy trading allows you to directly copy the trade positions taken by another trader, mostly an expert. You set the amount you want to place on the trade and simply copy everything they do automatically in real-time – when that trader makes a trade, your account will make that same trade as well. Simply put you are copying the actions done by other traders.