Pocket Option: Copy Trading

Binary options broker Pocket Option continues to expand the range of useful services on its trading platform so that every trader can find something suited to their needs. One of these services is social trading and trade copying.

Trade copying is suitable for any trader, including beginners, as it requires no prior knowledge or experience and allows you to generate a profit even in the early stages of learning.

How Does the Trade Copying Service Work at the Binary Options Broker Pocket Option?

The Pocket Option trading platform brings together traders from many different countries. Some are just starting out, while others already have experience and are generating consistent returns with options.

If a trader wants to earn additional income, they can allow other traders to copy their trades and receive commissions in return.

This is what other traders' trades look like on the chart:

How to View Trades and Statistics of Other Traders at the Binary Options Broker Pocket Option?

To start copying trades from successful traders on Pocket Option, open the terminal and navigate to the "Social Trading" tab in the right-side menu:

In the window that opens, you can see the top trades placed by other traders at that moment.

This window also lets you:

• View the leaderboard of top traders over the past 24 hours.
• Search for specific traders.
• View the list of traders you are copying and traders who are copying you.
• View the list of traders you are watching and traders who are watching you.
• Adjust copy settings.

You can view the statistics of any trader by selecting them from the list:

Here you can see statistics for today, yesterday, and all time. You can also view:

• The trader's win rate.
• Total number of trades.
• Trade turnover.
• Profit.
• Maximum and minimum trade amount.

Before you begin copying any trader, you can also add them to your watchlist:

This gives you an opportunity to evaluate their trading before committing to copying. Going forward, their trades will also appear on the chart.

How to Copy Trades of Other Traders at the Binary Options Broker Pocket Option?

After researching and observing traders on the Pocket Option platform, you can begin copying trades. Select the trader you want to follow and click the "Copy" button:

After clicking the button, the copy settings menu will open:

Here you can configure the following copy settings:

• Percentage of trades to copy.
• Stop balance — the balance level at which copying will be paused.
• Minimum trade amount for copying.
• Maximum trade amount for copying.

Once the settings are configured, click the "Confirm" button.

It is best to select traders with the highest win rate. In the example shown, the trader has a win rate of 66%:

It is also worth noting that all of this functionality is fully available when trading binary options via the Pocket Option mobile app.

Pros and Cons of Trade Copying at the Binary Options Broker Pocket Option

The main advantage is that trade copying is entirely passive and serves as a practical introduction to trading for beginners. You can place your own trades with a smaller portion of your account while dedicating the rest to copying.

For experienced traders, making their trades available for copying provides an additional income stream, as they receive commissions credited directly to their account.

The main drawback for beginners is that copying trades builds no practical trading experience. Without developing independent skills, profitable solo trading is unlikely to follow.

There is also the risk that any successful trader may exit the market at any time or disable trade copying. And, as with all trading, there is no guarantee against losing your entire deposit.

Conclusion

As you can see, getting started with trade copying at Pocket Option is straightforward. All it takes is observing traders and assessing their track record.

Keep in mind, however, that trade copying does not build trading experience and will not lead to profitable independent trading on its own. Developing the skills to earn a consistent income in financial markets takes time and dedicated effort. That said, as a supplementary income tool, trade copying is an excellent option.

Open an Account with Pocket Option

See Also:

• Free robot for Pocket Option
• How to trade express orders with the Pocket Option broker
• How to participate in tournaments on the Pocket Option platform
• How to withdraw money from the Pocket Option broker
• Minimum deposit and bonuses at the Pocket Option broker
• Bonuses for broker Pocket Option
• How to use signals on Pocket Option
• Pocket Option Broker Affiliate Program