Copy Trading 2018 - Trade like the pros!

Not everyone has trading in their blood right from the start. Even if the absolute will to succeed is there, it doesn't come automatically. Small investors in particular often have great initial difficulties and are always happy when they can pick up a good trading tip here and there.

Normally, however, experienced traders are reluctant to let anyone look at their cards. They do not want to share their strategy with everyone and therefore try to be as secretive as possible. Other traders, on the other hand, who are also experienced and have already been able to celebrate good successes, take a less narrow view of this. They are happy to share their experience and do so with the help of copy trading.

For copy trading we recommend etoro!

etoro is regulated by CySEC. In addition, etoro offers a German-language website, German-language support and are based in the European Union. For us, clearly the best provider for copy trading.

Etoro - Best provider for copy trading
TypeCopy Tradingto the etoro website "
etoro experience
Account opening200 USD
Free demo accountYES, open here
German customer serviceYES
RegulatedYES
TestedTEST WINNER
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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What is behind copy trading?

how copytrading worksCopy trading is also known as autotrading or Social Trading and refers to the copying of other traders. To do this, you simply select the most successful traders whose trades you can then easily copy.

But what sounds so simple requires a certain foundation. This is because you must first have a broker that offers copy trading.

4 tips for copy trading:

  1. Choose a good platform. We currently recommend the platform etoro.
  2. Create a trading plan. Stick to your strategy and don't keep changing it.
  3. Select Top Trader. You should spread your capital across several traders to minimise your risk.
  4. Money and risk management Do not invest more than 20% of your private assets.

Who offers copy trading?

One of the best-known brokers for copy trading is definitely eToro. The broker is considered the pioneer of this system and therefore has the most experience with it. In addition, eToro offers the advantage that, thanks to its extensive experience, many traders can be found at the broker who can also be copied. You therefore have a particularly wide choice at eToro when it comes to selecting and automatically copying positions that other traders use for speculation.

Open a free account with Etoro now!
65% of retail investor accounts lose money when trading CFDs with this provider trade. You should consider whether you can afford to take the high risk of losing your money.

That's why etoro particularly impressed us in the test:

etoro is regulated by CySEC. In addition, etoro offers have a German-language website, German-language support and are based in the European Union (EU).

Etoro - Best provider for copy trading
TypeCopy Tradingto the etoro website "
etoro experience
Account opening200 USD
Free demo accountYES, open here
German customer serviceYES
RegulatedYES
TestedTEST WINNER
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

65% of retail investor accounts lose money when trading CFDs with this provider trade. You should consider whether you can afford to take the high risk of losing your money.

How copy trading works

In principle, as already described, copy trading is a relatively simple matter. An experienced trader who generates very good returns offers his strategies to a broker. You can copy these strategies and profit from them if the trade can be concluded favourably. The broker offering copy trading merely acts as an intermediary in the whole process. It brings both traders together and offers its trading platform for trading. Copy trading is also used, for example, by Bitcoin Trader and the Bitcoin Code.

The trades can be copied completely or only partially. This means that you always have the option of intervening in the trade if it is not organised as you would like. However, you can also copy it completely and let it run as it is.

The goals of copy trading

copytrading objectivesVarious goals can be pursued with copy trading. An experienced trader who offers his strategies for copying always wants to profit from the commission he receives in return. As a user, you will certainly benefit from the high return and the lower risk. In addition, there is always the exchange that takes place with other traders. It can be quite inspiring and support the learning process around trading.

The trading instruments in copy trading


A wide variety of trading instruments can be used for trading. Many traders use shares and funds for trading. Others, however, also use CFDs and forex trading.

Let yourself be inspired by the various instruments and choose the one that suits you best. You will soon realise that copy trading can also offer a lot of excitement and variety. Especially if, despite copying, you also incorporate your own ideas and always stay on the ball. After all, trading securities and shares always requires a lot of patience and attention.

What chances of success does this offer?

chances of success copytradingThe chances of success when "copying" are quite good. The Forex trading As is well known, trading on the stock exchange is always associated with a high level of risk. Especially when leverage is used and a very high level of leverage is selected. The loss can then be many times higher than the actual stake and quickly become a major financial problem. The risk of a loss increases even further if the trader is inexperienced and first has to familiarise himself with trading. A lot can be learnt with the help of a demo account and various documents. However, real experience can only be gained through practice and over a long period of time. This is why newcomers often misjudge the market and fail to make every trade a success.

However, if you copy experienced traders, you have the chance to benefit from their experience. You can avoid mistakes and realise good returns, even if your own experience would not actually allow this.

Of course, even experienced and successful traders are not error-free and you must assume that you will have to cope with a loss from time to time despite copy trading. However, experience has shown that these losses will be significantly lower than if you face the market alone and try to make a big profit and find your personal fortune as a beginner.

How high is the risk involved in copy trading?

copytrading tipsThe risk cannot generally be expressed in figures. The fact is that there is always a risk and that this risk is always higher with forex trading and general trading on the stock exchange than, for example when trading with binary options. This is simply due to the fact that you have completely different trading options with these two types of trading, which automatically increase the risk. However, you also have the chance of a significantly higher profit.

Therefore, always remember that trading in securities or shares is not a game of chance. Even if a little luck is always required when trading, it is important that you always keep a clear head and do not take any risks that are not worth taking.

How can the risk be minimised?

You will never be able to exclude the risk. Not even if you were to join the most experienced trader for copy trading. After all, even they can make a mistake and close a trade with a loss. For you, this means that you must always be vigilant. Do not simply copy every trader that is offered to you. Always look first at what the trader has done in the past and how his profits have presented themselves in recent weeks and months.

Always avoid particularly high risk by copying trades that only have low leverage. Small leverage - small loss is the general rule in any case. Admittedly, this only gives you the chance of a smaller profit. But this is not so bad. It is better to build up your profit gradually and put it on a secure footing. That way you'll end up with more.

Feel free to try things out on your own. Take a look at the different strategies of other traders and see which strategy you like best and which probably suits you and your schedule best. This way you don't have to spend all your time copying other traders, but can gradually incorporate your own ideas into your trading. And in such a way that you can reduce the risk through the experience you have gained.

Tips for successful copy trading

copytrading tipsAlways make sure that you only use money for trading that is available to you in the long term. Otherwise you could quickly get into financial difficulties if you use money that is actually tied up elsewhere.

Compare different brokers before deciding on a broker. The broker can be an important success factor for you. When choosing a broker, always look at the number of copy traders you can copy. The more traders there are, the greater the chance that you will find a suitable trader to copy.

A cautious start is also always very important. Do not rush into anything and place initial trades carefully.

In addition, always invest in several trades. The more diversified you are and the better you allocate your capital, the better positioned you will be in the event of a loss.

Start copy trading now for free!
65% of retail investor accounts lose money when trading CFDs with this provider trade. You should consider whether you can afford to take the high risk of losing your money.

That's why etoro particularly impressed us in the test:

etoro is regulated by CySEC. In addition, etoro offers have a German-language website, German-language support and are based in the European Union (EU).

Etoro - Best provider for copy trading
TypeCopy Tradingto the etoro website "
etoro experience
Account opening200 USD
Free demo accountYES, open here
German customer serviceYES
RegulatedYES
TestedTEST WINNER
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

michaela-Noll-300x300

Simone Peter is the founder and operator of the successful crypto blog simone-peter.eu.

After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.

In 2019, Simone Peter finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.

As an active trader, Simone is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.

With her academic background, many years of experience and practical expertise as an investor, Simone Peter combines the ideal prerequisites for competently analysing and evaluating the financial markets.

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