Copy-trading is a strategy in which traders automatically copy the trades of experienced traders. This allows beginners to participate in trading without in-depth knowledge or spending time analyzing the markets. Copy trading platforms such as eToro and ZuluTrade provide lists of successful traders with their statistics, which helps users choose who to copy. All trades of the selected trader are automatically repeated on the subscriber's account. Despite the convenience, copy trading carries risks. Choosing a trusted trader is important to minimize them. Platforms may charge fees for their services. Copy trading is also useful as an educational tool, allowing beginners to learn by doing.
