If you’re new to binary options trading or simply looking to diversify your trading portfolio, copy trading on Pocket Option could be a good option for you. In this guide, we’ll go over the basics of copy trading on Pocket Option and how you can get started.
Pocket Option is available in a variety of countries, including the United States, Canada, and many European countries. To start copy trading, you’ll first need to create an account and make a minimum deposit of $50.
Once you have an account, you can choose from a wide range of instruments to trade, including currency pairs, commodities, stocks, and cryptocurrencies. You’ll also have access to a list of top-performing traders on the platform, which you can use to select traders to copy.
To start copying a trader, simply click on the “Copy” button next to their profile. You’ll be asked to select the amount you want to invest, and your trades will automatically be executed at the same time and in the same proportion as the trader you’re copying.
One of the benefits of copy trading on Pocket Option is that you can set your own risk parameters. For example, you can choose to limit the amount you invest in any one trader or to set a stop loss to automatically close out trades if they go against you.
Overall, copy trading on Pocket Option can be a great way for beginners to learn about binary options trading and for experienced traders to diversify their portfolios. Just remember to do your due diligence when selecting traders to copy, and to always manage your risk carefully.
