There are many advantages to copy trading, and as such it has earned its place amongst traders:

+ Allows first time traders to familiarize themselves with the financial markets and gain confidence to trade.

+ Enables experienced traders to take part in the market even when they are too busy, and cannot invest the valuable time and research needed in order for them to trade.

+ Copy trading can be employed on various instruments, including forex trading pairs, stocks trading, commodities and much more

+ Creates a community of traders, beginners and experienced alike, who can exchange ideas, strategies and improve their trades together