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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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If you are an experienced trader, all you need to do is register with STARTRADER COPY TRADE to become a provider and earn profits from your followers.

If you are new to trading or can't keep an eye on the market at all times, you can easily gain profits by copying the trades from experienced and qualified traders on our platform.

Provider

  • Extra Income logo

    Extra Income

    As a provider, you can also earn additional performance fees from copy trades in addition to trading profitably.

  • Adjustable performance rate computer logo

    Adjustable Performance Fee Rate

    You have the flexibility to adjust the rate of performance fees which also enables you to become a more competitive provider.

  • Easy to use logo

    Easy to Use

    There is no need to download additional software. You can trade conveniently on the MT4 platform and it takes only a few simple steps to complete your setup as a provider.

  • High Transparency Logo

    High Transparency in Trading

    Investment returns, profits and performance fees can all be viewed on the platform, with real-time data and statistics to help you reduce risks and increase returns.

Follower

  • Easy to trade

    Easy to Trade

    Easy to operate. You only need a few simple steps to set up your copy trade.

  • Copy Trade Logo

    High Flexibility on Copy Trade

    A wide range of great providers to choose from and a variety of followers to meet all investment needs.

  • No charging fee

    No charge until profit is made

    There's no need to pay the performance fee to the provider if the trade fails to make a profit.

  • Understanding of each other for forex trading

    Beginner Friendly

    There's no need to have advanced knowledge of Forex. Even new traders can easily get started!

4-Step Process

  • Login to your COPY TRADE account (login with your existing MT4 or MT5 account)

  • Choose a role (Provider or Follower)

  • Set up a trading strategy or choose a provider to subscribe

  • Successfully become a provider/follower

Trade Ranking

STARTRADER does not take responsibility for any errors, including but not limited to electronic errors, technological errors, system errors, service disconnections, third party unresponsive and MT4 related errors that occur while using the software. Further, STARTRADER is not responsible for any costs or losses, including, but not limited to, those incurred as a result of the change of market situation, the performance of any third party or third party’s analysis method. STARTRADER will also not be liable for general trading/investment activities where you suffer losses.

Frequently Asked Questions

  • 1. How Profitable is Copy Trading?

    The profit levels of copy trading depend on the trader, market conditions, and the copy trading system being used. Chances are that you will achieve steady returns if you choose a convincingly successful trader and implement risk management strategies. Keep in mind, though, that historical performance is not a guarantee of future performance, and losses are always possible. Many platforms provide a demo account of copy trading, where you can test profitability without risking real money.

    2. Is Copy Trading Legal?

    Yes, copy trading is legal in most countries, as long as the copy trading brokers are regulated. The platforms offering copy trading services all work within financial regulations to provide full transparency and protection for traders. Still, before you start, ensure that the platform and traders you are going to copy comply with the financial laws of your country.

  • 3. How Does Copy Trading Work?

    Copy trading allows you to copy professional investors' trades in real time. Through a copy trading system, you can automatically mirror all the trades made by a chosen trader. This therefore means that, with every move of the expert through opening or closing a position, your account mirrors the action taken proportionate to your investment. You can copy a variety of markets from it, such as forex, stocks, and commodities.

    4. Is Copy Trading a Good Option?

    Copy trading is an extremely good option for those who would like to approach the market with a little less intense strategy on trading. Such an approach appeals more to starters who prefer to be part of the markets despite their lack of expertise and experience in them. Though it is very profitable and time-efficient, it's still not 100 percent risk-free. Be very careful in choosing the people whose trades you want to copy and always beware of the risks.

  • 5. What Are the Risks Associated with Copy Trading?

    Like all investment strategies, copy trading is not without risk. Some of the leading risks include:

    Market Risk: Even for a highly experienced trader, losses may take place. This means that you might lose your money.
    Over-Reliance on One Trader: Copying one trader can expose you to quite a high risk if their strategies fail.
    System Errors: Technical errors from the copy trading system or platform might result in involuntary trades or lost opportunities.

    It’s essential to diversify by copying multiple traders and setting personal risk parameters.

    6. Can Beginners Start with Copy Trading?

    Absolutely! Copy trading is the best entry point because one will be learning from experienced traders who understand different markets. Providers of forex copy trading services typically have a demo account and all other tools specifically for beginners, this way you can run a zero-risk configuration. A beginner must start small and gradually increase their exposure as one gets familiar with the process.

  • 7. How Do I Choose the Best Trader to Copy?

    Selection of the right trader plays a critical role in the success or failure of copy trading. The following factors should be considered before making a choice.

    Performance History: Go for the trader who has been profitable in the long run.
    Risk Profile: Ensure that the risk tolerance of the trader is as similar to yours as possible. A trader with high returns might also have high risk.
    Diversification: Consider copying traders who invest in different markets, such as stocks, forex copy trading, or commodities.
    Fees: Beware of the commissions or any performance-based fees that the trader may charge.

    In addition, most platforms also offer detailed statistics about the trader that can help better guide your decisions.

    8. What Platforms Offer Copy Trading?

    Several platforms offer reliable copy trading services, each with different features and markets. Among them are forex copy trading, stock trading, and many more. Some copy trading brokers also have a very friendly interface, elaborate trader analytics, and a demo copy trading account. Be sure to opt for clearly regulated and fee-transparent platforms.

  • 9. Can I Lose Money with Copy Trading?

    Yes, you can lose money with copy trading. On one hand, it’s possible to profit from the strategies of successful traders; however, markets are unpredictable, and there is always a chance to incur losses. Therefore, implementation of proper risk management tools, portfolio diversification and regular follow-ups by the trader being followed are recommended in order to decrease potential losses.

    10. What Fees Are Associated with Copy Trading?

    The fees for copy trading vary depending on the platform and the trader you copy. Common fees include:

    Spreads: The spread is how much more you will pay to buy an asset than you can sell it for.
    Commissions: Some platforms or traders charge a commission on profits made through copy trading.
    Performance Fees: Some traders are going to charge a percentage of any profits you gain based on their strategies.

    Make sure to read the platform’s fee structure and the trader's terms before starting, as fees can impact your overall profitability.

  • 11. How Do I Monitor My Copy Trading Performance?

    Most copy trading services give you access to dashboards where you can monitor your portfolio in real-time. Key metrics include:

    Return on Investment (ROI): This will describe how much profit/loss your trades have generated.
    Drawdown: This measures the peak-to-trough decline in your portfolio, showing how much you risk losing at any point.
    Trade History: Going over past trades can help you in analyzing your performance and adjusting any strategies as needed.

    Regular monitoring will help you adjust your strategy, such as stopping a trader if they are performing poorly.

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