Copy Trading
An easy path to generating income.
*Ideal For: Retail investors seeking a user-friendly and customizable trading experience.
What is Copy Trading?
It is a trading strategy where one investor copies the trade of another, often referred to as a "signal provider" or "leader." The process is usually automated, and in such cases, the follower's account emulates the trades of the lead trader in real-time based on the same proportion of capital. In this way, this method enables traders that are still on a learning journey to participate in financial markets by following the strategies of more experienced and successful traders.
Here’s How It Works
Investors first step
Investors register with a trusted and regulated broker like ITC Pros
Choose your trader
Choose from a pool of skilled traders whose performance aligns with your financial goals and risk appetite.
Allocate and Copy
After selecting a trader, you choose how much capital to allocate for copying their trades, with the option to invest more or less than their trade size.
Monitor and Compute
ITC Pros platform offers a dashboard to track your performance, view profits or losses, and analyze the trader's performance. Your profit or loss is proportional to your allocated capital and the leader's performance
Key Features
1.
Investors retain complete control over their accounts.
2.
Ability to set individual risk limits for each master.
3.
Options to reverse trade or manage positions.
4.
Ability to follow several master accounts simultaneously.
Frequently Asked Questions (FAQ)
Copy trading refers to a trading strategy that facilitates the investor to copy trades performed by another trader automatically. He is referred to as a "signal provider" or a "leader." The follower account automatically reflects the lead trader's trading in real time and according to proportion with his own capital allocation. That allows less-experienced traders to take part in financial markets on the strategies of proficient and successful traders.
The Copy Trading Account allows traders to automatically copy the trades of experienced leaders through the ITC Pros platform. Your account will mirror the selected trader's trades in real-time, by allocating a certain amount of capital. Your account is tagged with the respective profit and loss according to the performance of the leader, while the distribution is smooth and accurate. The system is making trading easier for traders that are less experienced by piggybacking off professional traders.
You would choose a trader to copy, based on performance, risk, and strategy. After allocating funds for copying, the system would automatically mirror his trading activities in your account.
No, copy trading doesn’t require prior experience. Simply choose a trader to follow, allocate funds, and the platform will replicate their trades automatically. However, understanding basic trading risks is helpful.
Use the platform’s dashboard to track profit/loss, trade history, and your followed traders' performance.