cTrader copy trading 

Is platform that allows traders to copy the trades of experienced successful traders, known as strategy providers.

Benefits 

• Accessibility to professional trading: Gain access to strategies and trades executed by professional traders without needing to have their expertise 
• Time saving: Automate your trading by copying trades allowing you to focus on other activities 
• Diversification : Spread your investment across multiple strategy providers to diversify risk 

Steps to start copy trading

1. Open an account: Click here
2. Once you are on traders hub select CFD’s
3. Go to Deriv cTrader and click get 
4. Click open, you will see an already existing account 
5. Press on get another cTrader account 
6. Scroll to section written Run cTrader on your browser and click deriv cTrader web terminal
7. At the top left of the page, you’ll see an icon that looks like this picture.  It means “copy.” Just click on it.
8. Browse Strategy Providers: Explore the list of available strategy providers. You can filter based on performance, risk level, trading style, etc. Review detailed statistics for each strategy, including historical performance, drawdown, fees, and user reviews.
9. Select a Strategy: Choose a strategy provider that aligns with your investment goals and risk tolerance. Click on the strategy to see more details and decide if it suits your needs.
10. Click the “Start Copying”  button on the chosen strategy provider’s profile. NB to copy trades you need a minimum 100USD. Set your copying parameters, such as the amount of capital to allocate and risk management settings. Confirm and start copying the trades automatically

Tips for Successful Copy Trading:

– Diversify by copying multiple strategy providers to spread risk.

– Regularly review the performance and make adjustments as necessary.

– Stay informed about market conditions that might affect your trading strategy.