Copy trading is a new feature on the Stockity platform that allows you to automatically replicate the trades of other traders.
For beginners, it offers a simple way to start trading while learning from experienced users. For experienced traders, it provides an opportunity to share strategies and earn commissions when others copy their trades.
Below is a detailed explanation of how Copy Trading works.
Traders tab
In the Traders tab, you’ll see cards displaying different traders. You can filter them based on their gain and commission.
Each trader’s card includes their statistics and trading history. Reviewing this information helps you choose the best trader to copy. Pay special attention to the gain metric — it shows how much profit they’ve earned compared to their invested amount.
You can start copying a trader directly from their card.
The copying process
To begin copying a trader, set the following:
- Total copying amount
- Maximum number of trades
- Amount for each copied trade
These settings act as limits — any of them is reached, copying stops automatically. For example, you set a copying amount of $100. If the trader loses this amount, your copying will stop.
Click Copy when you’re ready. You can stop copying at any time using the Stop copying button.
My card
On your card, you can monitor your statistics and choose the commission you want to charge for trades copied from you.
This commission is a percentage of the profit earned from successful copied trades. Maximum — 30%. The commission is credited to your real account along with your trading profit.
Importance of Notifications
Check the Notifications section regularly.
It will let you know if a trader you’re copying changes their commission or sets restrictions on copying.