What is a copy trading account?

Copy trading is a system in which any trade that is done in the trader's account will be made in other accounts as well. In this system, investors choose those professional and experienced traders who present their accounts as RAMM or a copy trade account and connect their accounts to traders' accounts. By doing this, each trade that a trader opens and closes in their account will be copied into investors' accounts automatically and immediately. In this way, investors can gain income by doing trades without expertise in market analysis and forecasting market.
Traders who trade in RAMM to manage funds and whose accounts are available for investors to connect to their accounts are called copy traders. In other words, copy traders are kind of traders whom other people can copy their trades, and they will receive commissions from other people in various forms for copying their trades.
There are settings in copy trading accounts specifically for lower risk and higher return.
There are settings in copy trading accounts specifically for lower risk and higher return.
There are many traders worldwide in copy trading accounts, and there is an option to choose them in copy trading.
Investors can connect to the copy trading platform from different brokers and start the copy trading procedures. In copy trading accounts, the funds will not be transferred to the platform and they will remain in the investor’s brokerage account. Also, investors can withdraw their funds whenever they want.

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