Copy trading allows investors to automatically copy the trading activity of strategy providers in real time.
Novice traders can gain instant and simple access to financial markets by copying the trades of strategy providers worldwide
The top-performing investors that share their trading strategies are known as Providers and the investors that want to copy their trades are called Followers.
Providers set up a profile, describe their strategies, and make their performance statistics public. Followers can then select the trader they want to copy by evaluating their strategy, trading history, and risk appetite.
With Windsor Brokers, you can be both a Provider and a Follower.
WB Copy Trading enables Followers to trade smarter and faster by copying the traders of strategy providers around the world.
Followers have an extensive selection of unique strategies to explore, allowing them to hand-pick the Providers whose strategy is most suitable to their financial goals.
Once a Provider has been selected, investors can follow their moves in a few simple steps.
With WB Copy Trading traders can share their unique strategies, grow their community of followers, and amplify their potential profits.
Providers earn fees for increasing their Followers’ profits
Traders can begin to share their strategies in a few simple steps.
In exchange for sharing their strategies, Providers charge Followers a performance fee. The fee, which can go up as high as 50%, is the percentage of the total net profit generated by copying a trade. It is calculated and credited to the Provider accounts automatically on a weekly basis.
This fee can only be charged when the profit of the Follower’s subscription surpasses the maximum recorded level of profit achieved, otherwise known as the High Water Mark (HWM).
Bob (Provider) generates $1,000 in profit for Alice (Follower) in April. This is the new HWM for Alice, allowing Bob to receive performance fees for his trading strategy.
Then, in May, his trades incur a loss of $400 for Alice so her account now stands at $600. Bob doesn’t receive any performance fees as his trades didnt generate any profit for Alice.
Finally, in June, Alice gains $300 from copying Bob’s trades. In this case, Bob will still not receive a performance fee because $600 + $300 = $900. This is less than the established HWM of $1,000.
For Bob to be able to get a performance fee, he would have to increase her profits above $1,000 again.
Copy trading is a type of online trading where investors can automatically copy the trades made by strategy providers. The process involves setting up a copy trading account with Windsor Brokers and selecting a trader to copy.
Copy trading allows investors with limited trading experience, time, or knowledge to participate in the financial markets by relying on the trades of others. They can simply follow and replicate the trading strategies of other more experienced traders, known as Strategy Providers. It is important to note that copy trading can be risky and investors should carefully consider the track record and risk management strategy of the Providers they choose to follow.
A Provider is someone who shares their trading strategies with other traders known as Followers. The Followers can then mirror the trading activities of the Provider in their own trading accounts. Providers lay out their trading strategies and create special offers that Followers can subscribe to. These offers will determine the Providers’ compensation, known as the Performance Fee.
A Follower is someone who copies the trades of a Provider. A Follower account can only follow one Provider at a time and each Provider they follow is considered a “subscription”. Followers can set up copying parameters and risk management rules for their subscriptions. (Note: Followers can create multiple copy trading follower accounts in order to copy multiple Providers at a time)