What is Copytrade eToro? Trading Like eToro’s Top Traders

What is Copytrade eToro? Copy Trading: Trade like eToro’s top traders. eToro’s most popular feature, allows you to view what real traders are doing in real-time and copy their trading automatically.

EToro’s award-winning CopyTrader technology is a game-changer in the industry, enabling anyone to trade like a top trader.

Also read: What is Spread Broker? This is the Definition and Role!

When they trade, you trade

Whether you’re a beginner learning the basics or you simply don’t have time to watch the markets, now it’s easy to leverage other traders’ expertise.

With eToro’s CopyTrader, you can automatically copy top-performing traders, instantly replicating their trading in your own portfolio.

Also read: eToro MT5 Review: The Three Key Findings for 2021

Top traders work for you without management fees

Sign up for Copytrade eToro and start copying other traders at no extra charge. There are no management fees or other hidden costs involved. View our complete pricing policy here.

The traders you copy get paid directly as part of our Popular Investor Program. To learn more about earning income by being copied on eToro, click here.

Also read: Can Beginner Traders Use MT4 eToro Forex Trading Platform?

Not just a copy trading platform, but a community

For those looking to improve their trading, Copytrade eToro offers so much more than just a copy trading platform. You’ll be joining a leading collaborative community of traders and investors a place to connect, share, and learn.

View millions of other traders’ portfolios, stats, risk scores, and more. Chat with them, discuss strategies and benefit from their knowledge.

Copytrade eToro is only as GOOD As our clients say WE ARE

Also read: 8 Checklist How to Choose a Good and Trusted Forex Broker

How To Copy Trade eToro

what is copytrade etoro forex trading

Also read: 4 Ways How to Distinguish an Honest and Scam Forex Broker

Copytrade eToro is so simple and user-friendly. Once you’ve spotted a trader you like, just click and let the copy trading begin.

How to copy traders on eToro:

  1. Choose a trader: Search for traders by performance, assets, risk score, and more
  2. Set an amount: Choose a total amount for the copy the proportions are calculated automatically
  3. Click Copy: Click the “Copy” button to start automatically copying the trader’s positions

Also read: 6 Types of Forex Brokers: DD, NDD, Hybrid, STP, ECN or Regulated?

You’re in control

When you use CopyTrade eToro, you still retain full control over managing your portfolio. Choose one trader to copy or up to 100 simultaneously.

You can stop the copy, pause it, and add or remove funds at any time. For more details on how to copy trading works.

Also read: What is a Forex Broker? This is the Definition and Regulations!

Take it for a test drive

Want to try Copytrade eToro without risking any capital? Try it in demo mode. Every eToro account includes a free $100,000 virtual portfolio for you to practice with.

Also read: What is Forex Trading: Definition, Markets and Forex Basics

Copy Trading Risks Associated with Social Trading

EToro (Europe) Ltd. and its affiliates are proud to provide You with the ability to interact, follow and copy other traders by using information and/or social trading features provided and/or made available on our websites and/or trading platforms.

Such social trading features include but are not limited to our community, “follow”, “copy” and/or “copy trader” traders rankings, “featured users” and/or any advanced search options, etc. (collectively, “Social Trading Features ”).

However, We note that Social Trading Features are associated with various risks, and You are urged to carefully read and consider the following risks before utilizing our Social Trading Features:

Automated trading execution whereby trades are opened and closed in your account without your manual intervention.

EToro investment management services are contingent upon Your decisions to Copy a specific trader or traders and/or follow a particular strategy. In making such decisions, You have considered your entire financial situation including financial commitments and you understand that using Social Trading Features is highly speculative and that you could sustain significant losses exceeding the amount used to copy a trader or traders.

Social Trading Features are provided by Us solely for informational purposes. Etoro (Europe) Ltd. and its affiliates and their employees and agents are not investment or financial advisers. IF YOU MAKE INVESTMENT DECISIONS IN RELIANCE ON INFORMATION THAT IS AVAILABLE ON OUR WEBSITES OR AS A RESULT OF THE USE OF THE SOCIAL TRADING FEATURES, YOU DO SO AT YOUR OWN RISK AND ETORO GROUP LTD. AND ITS AFFILIATES, THEIR EMPLOYEES, AND ITS AGENTS WILL NOT BE LIABLE FOR ANY LOSSES THAT YOU MAY SUSTAIN.

YOU SHOULD NOT MAKE ANY INVESTMENT DECISION WITHOUT FIRST CONDUCTING YOUR OWN RESEARCH. YOU ARE SOLELY AND EXCLUSIVELY RESPONSIBLE FOR DETERMINING WHETHER ANY INVESTMENT, OR STRATEGY, OR ANY OTHER PRODUCT OR SERVICE IS APPROPRIATE OR SUITABLE FOR YOU BASED ON YOUR INVESTMENT OBJECTIVES AND PERSONAL AND FINANCIAL SITUATION.

A copied trader’s positions (with respect to any of our financial instruments) shall be copied in an amount equal to the lower of either the minimum position amount or the proportional amounts of the copied trade to the realized equity of the copied trader as the basis for the proportions of copied trades. Such positions shall have the same leverage, stop loss and take profit, to the maximum extent possible. Trades below the minimum trade amount shall not be opened. All such positions shall be modified and/or closed automatically if and when modified/closed by the copied trader, for whatsoever reason, without providing any further notice and without any action on your part. You should be able and prepared to bear the loss of the entire investment You made in such a copied trader. You are fully responsible for any losses You may sustain as a result of our automatic execution of instructions generated as a result of the utilizing of any of the Social Trading Features.

If You place additional trades in your account or You modify or cancel an order generated by a Social Trading Feature You may achieve a materially different result than the user that You copied. Cash­out and withdrawal by the copied trader may also generate a materially different result than the user that You copied as it may affect the copy trading proportions.

Any past performance of our users, risk score, statistics, and any other information with respect to users appearing on our websites and applications are not indicative of future results and should be considered as hypothetical as more fully described below. It is important to understand that risk scores, statistical information, and historical performance are not a guarantee of future performance. NO REPRESENTATION OR GUARANTEE IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN AND/OR THAT A RISK SCORE OF A COPIED USER SHALL NOT IN FACT BE HIGHER. When reviewing the Content, portfolio, financial performance information, opinions, or advice of another registered user, You should not assume that the user is unbiased, independent, or qualified to provide financial information or opinions. eToro does not guarantee any order including the placing of stop orders such as Copy Stop Loss. Accordingly, regardless of the entry or closing designation, eToro does not guarantee that the trade will be filled at the order price/stop-loss percentage and you may lose more than the original amount used to copy such trader.

PAST PERFORMANCE AND/OR RISK SCORES SHOULD BE CONSIDERED AS HYPOTHETICAL PERFORMANCE RESULTS. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS. NO REPRESENTATION OR GUARANTEE IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THE PAST PERFORMANCE OR RISK SCORE SHOWN. THE ACTUAL PERCENTAGE GAINS/LOSSES EXPERIENCED BY INVESTORS WILL VARY DEPENDING ON MANY FACTORS, INCLUDING BUT NOT LIMITED TO: STARTING ACCOUNT BALANCES (DEPOSITS AND WITHDRAWALS), MARKET BEHAVIOR, THE INVESTOR’S ACCOUNT SETTINGS, AND THE ACTUAL PERFORMANCE OF THE COPIED USER.

ACCORDINGLY, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL/PAST PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS THAT CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CAN NOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

NO ASPECT OF THE INFORMATION AND/OR SOCIAL TRADING FEATURE PROVIDED AND/OR MADE AVAILABLE ON OUR WEBSITES IS INTENDED TO PROVIDE OR SHOULD BE CONSTRUED AS PROVIDING, ANY INVESTMENT, TAX, OR OTHER FINANCIAL-RELATED ADVICE OF ANY KIND. YOU SHOULD NOT CONSIDER ANY SUCH CONTENT AND/OR ANY SUCH FEATURE TO BE A SUBSTITUTE FOR PROFESSIONAL FINANCIAL AND/OR INVESTMENT ADVICE. IF YOU CHOOSE TO ENGAGE IN TRANSACTIONS BASED ON CONTENT ON THE WEBSITE AND/OR ELECT TO COPY SPECIFIC TRADERS AND/OR TRADES, THEN SUCH DECISIONS AND TRANSACTIONS AND ANY CONSEQUENCES FLOWING THEREFROM ARE YOUR SOLE RESPONSIBILITY. WHILE INDIVIDUAL PARTICIPANTS MAY OFFER INVESTMENT ADVICE OR OPINIONS AND/OR EFFECT A TRANSACTION WHICH MAY BE SUBSEQUENTLY COPIED BY OTHER TRADERS, SUCH ADVICE, OPINIONS OR TRADES AMOUNT TO NOTHING MORE THAN EXCHANGES BETWEEN PERSONS WHO MAY BE ANONYMOUS OR UNIDENTIFIABLE OR SIMPLY THE EXECUTION OF A TRADE BY SUCH TRADERS. ETORO GROUP LTD. AND ITS AFFILIATES DO NOT PROVIDE INVESTMENT ADVICE DIRECTLY, INDIRECTLY, IMPLICITLY, OR IN ANY MANNER WHATSOEVER BY MAKING SUCH INFORMATION AND/OR FEATURES AVAILABLE TO YOU. YOU SHOULD USE ANY INFORMATION GATHERED FROM HERE AND/OR UTILIZE THE SOCIAL TRADING FEATURES ONLY AS A STARTING POINT FOR YOUR OWN INDEPENDENT RESEARCH AND INVESTMENT DECISION-MAKING.

Copytrade eToro, How To?

CopyTrade eToro most iconic feature.

The driving force of social trading, CopyTrader enables you to see what real people are trading in real-time, find and follow the traders you like, and, of course, copy their trading activity with just a few clicks.

EToro’s CopyTrader system is a game-changer in the industry as it enables traders to build a real people-based portfolio.

Here are some minimums and maximums to keep in mind:

  • $200 is the minimum amount required to invest in a trader.
  • 100 is the maximum amount of traders you can copy simultaneously.
  • The maximum amount you can invest in a trader is $2,000,000.
  • The minimum trade size is $1 – if the proportional amount in the copier’s account is under $1, the trade will not open.

A few things to remember:

  • You can copy other traders in your virtual portfolio.
  • Only real portfolios can be copied.

Copytrade eToro Systems Explained

EToro’s social features are what make our platform unique in the online trading space.

Both the CopyTrader system and CopyPortfolios investment strategies lean on eToro’s user-base, which numbers over 20 million users from 140 countries, and are designed to help traders explore new ways to generate profit.

How Does CopyTrade eToro Work?

The CopyTrader system is one of the key reasons the platform is considered among the leaders of the fintech revolution.

The general idea of the CopyTrader tool is pretty simple: Choose the traders you want to copy, decide on the amount you wish to invest, and copy everything they do automatically, and in real-time, with one click of a button.

Beyond the basic concept of copy trading, there are quite a few additional elements to the system. Before we begin, we will refer to:

  • “Copied Trader” as the trader you are investing in (copying)
  • “Copier” as the user who is doing the copy action (i.e. yourself)

Here are a few important points you should take into consideration before copying:

  • The minimum amount to invest in a trader is $200.
  • The maximum amount of traders you can copy simultaneously is 100.
  • The maximum amount you can invest in one trader is $2,000,000.
  • The minimum amount for a copied trade is $1; trades below this amount will not be opened.
  • If you close a copied trade manually, the funds from this position will be credited back to your copy balance (the amount allocated to copy that person that is not invested in open positions).

CopyTrader: Copying All Trades

The CopyTrader system gives copiers the option to copy all of the currently open trades of the copied trader. Copiers choosing this method will have the existing open trades of the trader they are copying opened, with the following terms:

  1. The existing open positions will be opened in the copier’s account with the market rates available at the time of copying (not the rates at which the original trades were opened).
  2. The trades will have the same stop loss (SL) and take profit (TP) as the original trade.
  3. They will mirror the Copied Trader’s future actions including changes in SL’s and TP and closing of the trade, from the moment you begin copying them. If the copied trader extends their SL by adding more funds to a position, your SL will adjust accordingly. However, your position amount will stay the same as its initial amount. Therefore, you may sometimes see differences in gain percentage between your copy account and the copied trader’s account.
  4. You will be able to close a specific copied trade without closing the copy account.
  5. If the Copied Trader opens a position in markets that are closed during the time they are copied (market break for example), the system will open a Market Order for the copier. Once the market is open, the order will execute into a position with the first market rate.
  6. To see all of the trades copied from a single trader, go to your portfolio and click the Copied Trader’s name.

Please note: The trades will all open in your account at the same time. You will see them at a slight loss which reflects the spread between the Buy and Sells rates, to show you a real-time representation of the funds you will receive if you close the trade.

New trades will open at the same rates as the copied trader opens them, and use the Realised equity (balance + invested funds) as the basis for the proportions of copied trades.

For example, a trade opened with 10% of the Copied Trader’s realized equity will open a trade-in your copy account with 10% of the realized equity in the copy relationship.

However the proportion can change when the copied trader changes their available balance – this can occur when the Copied Trader makes a deposit or withdrawal.

When any of these events occur, there is a change in funds in the Copied Trader’s account, and you might notice trades that have a different proportion than before.

When the Copied Trader closes all open trades, the trade size proportions between their account and the copier’s account are reset (equal once more).

**These terms and conditions are subject to change at Copytrade eToro discretion, at any time.**