CindexcapitalCINDEXCAPITAL LEARNING CENTER
Copy Trading
Follow expert strategies automatically while keeping control of your own account and funds.
What is copy trading?
It’s all in the name! Copy trading allows you to directly copy the positions taken by another trader. You decide the amount you wish to invest and simply copy everything they do automatically in real-time — when that trader makes a trade, your account will make that same trade as well. You do not need to have any input on the trades, and you get the identical returns on each trade as your chosen trader. By copying another trader, you could potentially make money based on their skills. No advanced knowledge of the financial market is required to take part.
A product and a service
Copy Trading is both a product and a service. We cater to both traders and investors looking to capitalize on cryptocurrency trading. Being able to copy trades from several expert traders, while also allowing investors to follow one’s trades, is a valuable service in itself.
Why we built it
We have been trading markets for many years and recently started trading cryptocurrencies with much success. We originally wanted to put together a portfolio of coins and manage everyone’s funds in one account, but we soon realized that account segregation and being in control of your funds is the only way to go, especially when bringing in outside investors. After discovering there was no simple way for anyone to copy someone else’s trades, we decided to start working on this project.
The history of copy trading
The history of copy trading goes back to 2005, when traders used to copy specific algorithms developed through automated trading. Brokers recognized the potential of systems where anyone linked to a trader could automatically copy their account. There was no need to constantly monitor email signals or trading chat rooms. The popularity of copy trading has since exploded.
How does this work?
As an investor, simply select an expert or experts that you want to copy trades from. Once you are signed up, this is the only action needed on your part. There are no codes to run or signals to manually input. Our software monitors your experts’ trading activity and, as soon as there is a trade, calculates the necessary parameters and executes the trade automatically.
The copier works based on trade percentage. If your expert takes a position in XYZ coin for 10% of their account value and you are 100% allocated to that expert, the copier will also execute a trade in your account for 10% of your account value. You need enough available base currency to meet the exchange minimum order amount and avoid missed trades. When the expert exits a position, you too will exit it automatically. You can change allocation at any time.
Who are the experts?
We carefully select expert applicants. We get to know them as traders and examine their performance over time. We also look for experts who already have a following as additional social proof. You can read about every expert on their individual performance page.
Here is how the copier works
- Select one or more expert traders.
- Choose how much of your account to allocate.
- Let the software calculate and copy trades automatically.
- Keep enough funds available for your expert’s positions.