What is copy trading? A definition and five settings
What is copy trading? The SEC's one-line definition, the FCA's portfolio-management test, and the five settings every copy product defines.
Copied trades, checked twice
Filed under
13 articles
What is copy trading? The SEC's one-line definition, the FCA's portfolio-management test, and the five settings every copy product defines.
Copy trading is real. Whether it is authorised where you live, and whether accounts end up ahead, are separate questions. Here is what providers print.
The FCA classes automatic copy trading as portfolio management needing authorisation; ESMA guidance is reported to agree; the US has two statutory tests.
Bybit Classic asks 100 USDT to copy a trader; Bitget futures, spot and Gold/Indices ask 50. What each exchange's own page says, read 3 October 2026.
Your copy is a second order, sent after the lead's fill. What Bitget, Binance, Toobit and cTrader Copy publish about that price gap, side by side.
cTrader Copy closes copied positions and realises fees; Axi keeps them linked to the signal; OKX and eToro say less. Four rules pages, side by side.
Bybit Classic fixes the ratio by rank at 10 to 15%; Bybit Pro and OKX cap it at 30%. What each exchange's own rules page permits, read 19 September 2026.
HTX, OKX and Bitget pre-deduct profit share on every winning order and refund the excess at settlement. Their own rules read side by side on when it comes.
Bybit Pro and Bitget spot say yes on their own rules pages; Bybit Classic and OKX net a weekly cycle instead. What each published settlement rule does.
WEEX has rebuilt its copy-trading discovery layer around four leaderboards, style tags and four performance windows. Judged as a disclosure product rather than a returns product, it fixes the window problem and leaves the survivor problem untouched.
Scope Markets' copy service, now on MetaTrader 5, lets strategy providers set a fee anywhere from 10 to 50 per cent. The published protections govern when the fee is charged, not how large it is.
The Pro Investor tier table, read as what it actually is — a published schedule of payments for attracting money, with the copier's outcome nowhere in the formula.
The most polished implementation of copy trading on the market, examined the way we examine everything: allocation maths first, leaderboard psychology second, marketing last.