Scope Markets, the Retail FX and CFDs brokerage brand of Rostro Group, has announced the launch of Scope Copy, a copy trading service on MetaTrader 5 (MT5), following a beta phase in which clients replicated more than 500,000 trades. The service goes live with over 130 strategy providers already available to follow.

Powered by PLUGIT’s YOONIT copy trading module, Scope Copy allows clients to review strategy providers against their preferred criteria, choose who to follow and set their own risk parameters. Once selected, a provider’s trading activity is replicated automatically in the copier’s linked Scope Markets account in real time, with execution in milliseconds.

John Murphy, Managing Director of Scope Markets, commented,

“Most copy trading platforms cap provider fees at around 30%. We deliberately set the band higher, at up to 50%, because consistently profitable traders are professionals and should be compensated as such. The copier is protected either way – they pay nothing upfront, nothing on losses, and the high-water mark means a provider only earns again once they have made back any drawdown. If a provider charges at the top of the band, their performance will have to justify it.”

Copying in reverse

Scope Copy also includes a feature not commonly offered on retail copy trading platforms: inverse copying. Clients can choose to replicate a provider’s trades in the opposite direction, automatically turning each buy into a sell in their own account. The default remains one-to-one replication, but the option gives experienced clients a way to act on a view that a strategy will underperform – rather than simply unfollowing it.

Murphy added,

“Across more than half a million trades in the beta, one pattern stood out: experienced clients repeatedly told us they wanted to trade against strategies they disagreed with. That behaviour is why inverse copying exists. Copy trading should not mean surrendering your own judgement, it should instead give you one more way to express it.”

Clients retain full control over how strategies are applied to their accounts. They can use a multiplier to scale trading volumes, select a fixed volume irrespective of the provider’s position size, or use equity proportion to adjust copied trades according to the relative equity of copier and provider. Maximum lot limits can also be set.

Eligible clients can additionally register as strategy providers, making their strategies available for others to follow on a public or private basis and setting their own performance fee within the 10–50% band.

Maria Pittashi, General Manager of PLUGIT, said,

“Scope Markets is precisely the kind of partner PLUGIT was built for: a broker that takes a proven technology and pushes it further for its clients. Our copy trading infrastructure already supports more than 100 brokers worldwide, and the flexibility Scope Markets has added, from inverse copying to its performance-fee structure, shows what the module can do in the right hands.”

About Scope Markets

Scope Markets is the retail brand of Rostro Group, comprised of multi-regulated financial services providers dedicated to delivering inclusive access to global financial markets worldwide. Offering a diverse range of asset classes across advanced mobile and desktop platforms, the brand serves as a trusted, customer-centric partner. The Scope Markets brand is operated by regulated international entities in six jurisdictions, delivering secure and seamless trading solutions to clients across the globe.

About PLUGIT

Founded in 2012 and headquartered in Limassol, Cyprus, with a presence in Dubai, PLUGIT develops brokerage technology solutions for forex and CFD brokers worldwide. Its flagship YOONIT Trading Solution combines CRM, Copy Trading, Dynamic Margin, MAM/PAMM, Bonus Automation, and IB & Affiliate Management into one connected brokerage technology platform, trusted by more than 100 brokers globally.