Copy Trading: Follow a Manager or Share Your Own Trades

Building your own strategy is not for everyone, and it does not have to be. Copy trading gives you a second route: pick a manager whose trading you like, and their trades are mirrored on your own exchange account while you keep full control of your money.

How following a manager works

Open Copy Trading from the sidebar and browse the portfolios that are currently open. Each card shows the manager, the weekly cost, how many people already follow them, and the manager’s live profit and loss so you can judge the record for yourself. Only live trades count toward that figure. Paper trades never do.

When you subscribe, you make two choices. First, which of your connected exchanges the trades should run on. Second, what share of that exchange’s tradeable balance you want to copy with. Your funds stay on your exchange the whole time. TradeFIQ places the orders there on your behalf, and you can pause or stop whenever you like.

What the weekly cost means

Every portfolio has a flat weekly cost. It is held from your TradeFIQ wallet at the start of the week, and it is only paid to the manager if your copied trades finish that week in profit. If the week ends flat or in a loss, the hold is released and you keep it. You never pay more than the listed amount, and you can see it on the card before you subscribe.

What manager allocation means

Each manager declares an allocation, which is the amount of capital they trade the portfolio with. It is the yardstick for sizing your copies. Your allocation is your chosen percentage of your own exchange balance, and each copied trade is the manager’s trade scaled by your allocation divided by theirs.

A quick example. The manager declares $10,000 and opens a position worth 1 unit. You allocate $1,000 of your own balance. Your copy is one tenth of the size, so 0.1 units. If you allocate $2,000, it is 0.2 units. The percentages of profit and loss match the manager’s, and only the dollar amounts differ.

There is a minimum of $100 for your allocation, which is checked when you subscribe, so you find out straight away instead of discovering later that trades were skipped. You can change your allocation at any time from your subscription.

If you want to be the manager

Managers need a Premium plan and a minimum amount of profit from live trading over the last three months, which the platform checks for you. Once you qualify, you set a name, a description, the weekly cost and your allocation, then open the portfolio for followers. Trades you tag to the portfolio are mirrored to everyone following it.

Changes to the weekly cost or the allocation take effect at the start of the next weekly cycle, so people who already follow you are never surprised mid-week. If you have no followers yet, the change applies immediately. You can also hide a portfolio from the browse list whenever you want a break, and show it again later.

Before you start

Copy trading is not a guarantee of anything. A manager’s past results say nothing certain about the future, and you can lose money on every trade that is mirrored to you. Start with an allocation you are comfortable losing, watch a few trades come through, and adjust from there.