The ability to copy transactions of traders trading profitably opens up prospects for making money on Forex and binary options, in which there is no need to delve deeply into technical and fundamental analyzes and have more or less serious knowledge and experience of exchange trading.
The general mechanism for copying trades is as follows. Having studied the trading results of traders whose trades are intended to be copied, and having selected one or more of them, it is necessary to configure the copying parameters in accordance with the available copying method. Copy parameters include the proportion or volume of copying, and can be configured so that the copied orders are smaller or larger in volume than those executed by a successful trader. For example, if the trade being copied is made with a volume of 1 lot, and the copying trader does not have funds for such volumes, then the trade will be copied with a smaller volume, for example, 0.01 lot.
The copying process is instantaneous. The moment a successful trader opens, closes or modifies an order, the same actions occur for those who copy his trade. The funds in the accounts of those who copy are not transferred anywhere, and the successful trader whose trades are copied does not have access to them. Moreover, you can stop the copying process at any time and then resume it again.