Learn · Basics
What is copy trading?
Copy trading is a way to invest where your account automatically mirrors the tradesof an experienced trader. You don't have to analyze charts or place every order yourself — once set up, that trader's positions are replicated in your account, scaled to the amount you choose.
How does it work?
- Pick a trader on an exchange (Binance, OKX and others list “lead traders”).
- Set the amount and ratio you want to copy, and link your account.
- When that trader opens or closes a position, the same trade runs in your account at your chosen size.
- You can stop anytime or set stop-loss limits.
Upside & risks
The key thing about copy trading: profits AND losses are copied alike.
- No expertise needed — just pick someone good
- Saves time — no need to watch prices all day
- Learn while you invest — watch a pro trade
- You copy the losses too — if they lose, you lose
- Past performance ≠ future results
- Flashy returns can be a trap (leverage, scalping)
- Fees & delay can make your result worse
Even top-ROI leaders can be dangerous to copy. That's why CopyRadar analyzes actual closed-trade records, not headline returns, to surface the warning signs.
Who is it for?
People who want exposure to crypto but lack the time or experience to trade actively — and who can start with money they can afford to lose and manage risk. It is not a guaranteed way to make money; it is a high-risk activity that can lose your principal.
Next steps
- How to spot a risky trader — 8 warning signs
- Glossary — ROI, MDD, profit factor explained
- Start guide — from opening an account to setting risk
- Find a verified trader in the scanner
This is information only, not investment advice. Disclaimer