copy trading

Copy Trading, also known as social trading or mirror trading, is an increasingly popular service being offered by FX and CFD brokers, allowing (mainly) beginner and novice traders to copy the trades of more experienced traders. Thus the inexperienced traders get the benefit of the moves made by more seasoned traders, and the experienced traders can earn extra money via (usually) a percentage of the profits of those who copy them.

The FX broker which facilitates the copy trading service makes money via the increased spread revenue generated by higher trading volumes.

Copy trading is often offered via third party or white label platforms which integrate different copy trading related tools such as chat, portfolio balancing and trade sizing.

FX brokers which specialize in copy and social trading include eToro,, and Darwinex. A leading white label provider of copy and social trading services to FX brokers is Pelican Trading.