Yes, it can be profitable as long as you copy trade from a successful trader. But never expect that you can be making consistent profits out from copy trading. Though it’s really possible that you can make $20 but not in a daily basis seeing you can’t be profitable everyday because of the high changing market condition. There are times that even if you trade with high expertise and skills, once the market is not suitable to trade, then your trades will always end up as a loss since the market does not favor your trades.